Flybe shares rose by more than 15% yesterday after the regional airline’s biggest shareholder moved to oust chairman Simon Laffin and launch a probe into its takeover.
Troubled regional airline Flybe says it has already received the first £10 million in crucial funding as part of its takeover amid shareholder unrest over the deal.
The airline with more flights from Aberdeen than any other may soon be under new ownership.
Budget airline Wizz Air has posted record annual profits on the back of 25% passenger growth.
North-east air links have suffered a massive blow after German flagship carrier Lufthansa axed its flights from Aberdeen to Frankurt.
Hefty losses at bmi regional have sent the airline’s parent deeper into the red.
New figures show women working at budget airline easyJet lag behind their male counterparts in terms of salary more than at any other company surveyed.
Eastern Airways (UK) suffered a dive into the red during its 2016/17 trading year, new figures show.
Loganair said yesterday it had turned to its bank and shareholders for new funds to cover the start-up costs of re-launching the business as a standalone airline.
Europe’s largest regional airline has been recognised as the most punctual in the UK in the latest Which? report.
EasyJet has seen annual profits nosedive by 17% after taking a £101million hit from the weak pound.
EasyJet has said that full-year profits will come in at the top end of its forecasts after a record quarter, but warned that it will take a £100million hammering from the Brexit-induced collapse in the pound.
Loganair boss Jonathan Hinkles said yesterday the airline was already winning over passengers and pilots in its few weeks of operating as a standalone business.
Western Isles Council is to seek urgent meetings with two rival airlines amid fears a price war on the Stornoway-Glasgow route may threaten the long term viability of flights.
Scotland’s airline Loganair will fly solo again from September 1, after nearly quarter of a century operating under franchise arrangements with other airlines.
A Norwegian airline has announced it is launching flights from Scotland to New York - that will cost less than £60.