The Global Aircraft Trading System has gone live, as of now, leasing companies will be able to trade aircraft electronically executing documents for the first time using digital signatures, by migrati...
In a letter to the Transport Secretary, the Sustainable Aviation coalition has called for UK aviation to be at the heart of the Government’s economic recovery strategy, saying that a joined-up approac...
AEGEAN Airlines is planning to access the Greek government’s COVID-19 Enterprise Guarantee Fund by submitting loan requests to four local banks totalling €150 million. AEGEAN will approach Alpha Bank,...
Air Canada is looking to raise about $1.4 billion in additional liquidity as the carrier released pricing details of its previously announced share and convertible note offering. The Canadian carrier ...
American will make 30% of its workforce redundant as it resizes its operation in response to the impact of COVID 19 the carrier said in a letter to employees. “Although our pre-pandemic liquidity, the...
The Lufthansa Group Airlines are significantly expanding their services in the second half of June compared to previous weeks. The services on offer continue to focus on summer destinations and aim to...
In a bad day for UK PLC Rolls-Royce saw its ratings cut to junk by Standard & Poor's while British Airways was downgraded to one step above investment grade by Moody’s, with both agencies pointing to ...
The Civil Aviation Administration of China (CAAC) is considering tripling the number of international flights allowed to depart the country from the start of June. The CAAC’s deputy director, Li Jian ...
Fiji Airways has secured sovereign guarantees worth $ 200 million to support urgent financing actions required to tide the company through the COVID-19 crisis, and the expected slow ramp up of travel ...
The stage is set for a clash between the German and EU government with Lufthansa’s board rejecting the $9billion bailout agreed with its domestic government after the European Commission proposed the ...
Boeing is to lay off 12,000 workers at the same time as the airframe maker announced it was restarted production of its troubled 737MAX model The US firm is to lay-off 6,770 employees on top of the 5,...
Preliminary April 2020 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed that international air passenger markets were battered by the effects of the COVID-19 pa...
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