JetBlue Airways has seen an impressive 16% surge in its share price amid news that Spirit Airlines is on the brink of bankruptcy. Spirit’s looming financial collapse stands to upend the U.S. airline market, offering both challenges and opportunities for competitors like JetBlue, which may be primed to benefit from the potential reduction in low-cost […]
GMR Airports Infrastructure Limited (GIL), formerly GMR Infrastructure Limited, has signed a significant Share Purchase Agreement (SPA) with Fraport AG Frankfurt Airport Services Worldwide, marking a pivotal moment in the aviation sector. Through this agreement, GIL will purchase Fraport’s 10% minority equity stake in Delhi International Airport Limited (DIAL) for an estimated USD 126 million. […]
Manchester-Boston Regional Airport (MHT) is celebrating the launch of Breeze Airways’ inaugural flights, connecting New England to Charleston International Airport (CHS) and Orlando International Airport (MCO). This development marks a significant expansion for MHT, enhancing its role as a key aviation gateway in the region. Airport Director Ted Kitchens expressed his enthusiasm about the new […]