Delta Air Lines has increased its stake in Korean Air’s controlling shareholder, Hanjin KAL, to 9.21%. The US carrier announced in June it acquired a 4.3% stake in Hanjin KAL, with plans to increase this to 10%.
At the end of July it held 3 million shares in Hanjin KAL, amounting to a 5.13% share. Delta’s latest disclosure to the Korean stock exchange shows it has consistently purchased shares from the open market since August, amassing 2.4 million shares at a cost of W69.6 billion ($58.4 million). The two SkyTeam carriers launched an immunised joint venture across the Pacific in May 2018. The partnership has allowed both airlines to add new routes in the market, including from Boston and Minneapolis/St Paul to Seoul Incheon.

Source: FlightGlobal

Press release from Aigle Azur website:

Dear clients,

In connection with the French civil aviation authorities and the bodies of the judicial reorganization, Aigle Azur, in great economic difficulty, was unfortunately obliged to cancel all its flights from Saturday, September 7 included.

In fact, the financial situation of the company and the resulting operational difficulties made it possible to ensure flights only until the evening of 6 September.

Since September 7, 2019, regardless of the airport of departure, Aigle Azur flights are canceled.

If you are a passenger of Aigle Azur for a scheduled flight on September 6th, thank you for checking that your flight is maintained by consulting the list of confirmed flights below.


WARNING: if you fly back after September 6, 2019, regardless of the departure airport, this flight is canceled. You will be forced to purchase another return ticket.

The financial situation of the company does not allow to guarantee a compensation, the procedures will have to be committed by the organs of the procedure for this purpose.

Source: Aigle Azur Website

British Airways pilots have begun a two-day strike in an ongoing dispute over pay and conditions. Tens of thousands of passengers have been told not to go to airports, and BA says most have made alternative arrangements. Both BA and the pilots' union Balpa have indicated that they are willing to start new talks. Nonetheless, the vast majority of BA flights taking off from the UK on Monday and Tuesday have been cancelled. There was also a knock-on effect to flights on Sunday, because planes and pilots needed to be in position for prior and subsequent journeys. Dozens of flights were cancelled and further unforeseen cancellations could happen on Wednesday. In its most recent announcement, BA said: "We remain ready and willing to return to talks with Balpa." Meanwhile, Balpa's general secretary, Brian Strutton, said: "It is time to get back to the negotiating table and put together a serious offer that will end this dispute." It is the first time BA pilots have walked out and the action could cost the airline up to £40m a day. Some 4,000 pilots will strike and almost all of the 1,600 flights that were due to fly will be grounded.

Source: BBC