Struggling Icelandic carrier WOW Air received a much-needed lifeline Tuesday as bondholders agreed to convert their debt holdings into equity.
United cuts Ottawa-Chicago service
United Airlines is suspending service from Ottawa to its Chicago hub for at least nine months, as it juggles its regional fleet.
Icelandair walks from WOW talks
Icelandair has walked away from merger talks with WOW Air, leaving WOW at the mercy of its bond holders. WOW turned to its rival Thursday after talks with ultra low-cost investor Indigo […]
Sunday reader: How privatizing CATSA became the only choice
What’s behind Ottawa’s plan, buried deep in its latest budget, to scrap CATSA and create a new not-for-profit entity in charge of security at Canada’s airports?
WOW Air-Indigo talks collapse, urgent talks begin with Icelandair
In a bid to keep flying, WOW Air has turned to rival Icelandair. WOW
Air France increases Toronto service
Air France announced Tuesday it would greatly increase capacity from Paris to Toronto, adding three new weekly flights.