Delta Air Lines reached agreement with Massport, the airport authority for Boston Logan, to pay off construction debts related to the airport's rebuilt Terminal A, which was constructed exclusively for Delta but not used to the degree originally planned. According to The Boston Globe, DL will give up more than one-third of its 22 gates at the $500 million terminal, which opened in March 2005, leading to speculation about who will enter the new facility.
Ryanair yesterday unveiled its first Moroccan routes, part of a May agreement with the Moroccan government to fly up to 20 routes and nearly 1 million passengers per year to the North African country (ATWOnline, May 26). On Oct. 31 it will launch flights from London Luton to Fez (thrice-weekly) and Marrakech (four-times-weekly). LCC rivals Air Berlin and easyJet already serve Morocco.
The collective market value of publicly traded airlines worldwide has more than doubled since 2009, but is still below pre-2008 financial crisis levels, according to a top industry stock analyst....More