Indonesia LCC Lion Air has suspended flight operations just a few weeks after putting planes back in the air with the company blaming passenger non-compliance with COVID 19 regulations for grounding t...
Bombardier Aviation announced today that it would layoff 2,5000 of its employees to align with current market conditions reflecting the extraordinary industry interruptions and challenges caused by C...
Air Mauritius is running out of time to save the carrier as losses continue to accumulate and are on course to reach $225 million by the end of March 2021 unless costs are cut, according to a statemen...
The Greek Civil Protection Ministry has suspended flights to and from Qatar for two weeks, after 12 people aboard a flight from Doha were tested positive for COVID-19. According to a statement release...
Although the COVID-19 pandemic impact was still clearly visible in the May traffic figures, the number of passengers increased and cargo-only flights more than doubled from April 2020 In May, Finnair ...
Turning into the third quarter of 2020 and with the coronavirus lockdown restrictions, airlines and lessors are seeking to raise fresh funds. Southwest Airlines is in the market with an $1.8 offering ...
Indonesia LCC Lion Air has suspended flight operations just a few weeks after putting planes back in the air with the company blaming passenger non-compliance with COVID 19 regulations for grounding t...
Kyrgyzstan is preparing for the resumption of international flights, which was cancelled amid COVID-19 pandemic, according to the Chinese state news agency Xinhua. Airports in Kyrgyzstan are planned t...
Stobart Group has announced its intention to raise between £80 million and £100 million via a rights issue priced at between 35 and 40 pence per share as it seeks to plug the gap in its finances from ...
Air Asia Group is considering a number of proposals from banks and potential investors including selling a stake in the Malaysia-based carrier, or forming a JV, to shore up the airline’s finances as i...
Indian banks have reached out to the Reserve Bank of India (RBI) to restructure loans worth Rs 3 trillion ($40 billion) given to companies in stressed sectors such as aviation, hospitality and tourism...
Virgin Atlantic has announced its plan to restart passenger flying, with services from London Heathrow to Orlando, Hong Kong, Shanghai, New York JFK and Los Angeles set to resume from July 20. As coun...
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