Aegean Airlines, one of Greece's leading aviation companies, has announced a significant investment in Spanish low-cost carrier Volotea. In a strategic move aimed at expanding its presence in the European aviation market, Aegean Airlines will initially invest 25 million Euros in Volotea. This investment is expected to double in the future, potentially reaching a total of 50 million Euros by the end of 2025.
Showing posts with label Aviation industry. Show all posts
Showing posts with label Aviation industry. Show all posts
Friday, September 6, 2024
Sunday, April 2, 2023
Flying High: Inside the World of Aviation Companies
There are many aviation companies around the world, ranging from commercial airlines to manufacturers of aircraft and related equipment. Here are some of the major ones:
Airbus
Boeing
Delta Air Lines
United Airlines
American Airlines
Lufthansa
Emirates
Cathay Pacific Airways
Southwest Airlines
Qantas Airways
These are just a few examples, and there are many more aviation companies operating around the world.
Saturday, April 1, 2023
Airlines with a Perfect Safety Record: Never Experienced a Fatal Crash
Qantas, Air New Zealand, Emirates, Etihad Airways, Hawaiian Airlines, Finnair, EVA Air, Virgin Atlantic, Virgin Australia, and Southwest Airlines are some of the airlines that have never had a fatal crash in their operating history.
Did Airlines Receive Financial Assistance Due to COVID-19?
Yes, many airlines around the world received financial assistance from their respective governments to help them cope with the impacts of the COVID-19 pandemic on their businesses. In the United States, for example, the Coronavirus Aid, Relief, and Economic Security (CARES) Act included provisions to provide financial aid to airlines and their employees. This aid included grants, loans, and loan guarantees, with the aim of helping airlines maintain payroll and benefits for their employees, as well as supporting other operational costs.
In other countries, similar measures were taken to support airlines and the broader aviation industry, such as in Canada, Australia, and the United Kingdom. These financial measures were designed to help airlines survive the severe drop in demand for air travel caused by the pandemic, and to maintain jobs and keep critical infrastructure in place for when demand eventually returns to pre-pandemic levels.
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Qantas Faces Nationwide Flight Disruptions as Engineers and Technical Workers Go on Strike
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