Allegiant Air will look for bargains among the post-COVID 19 aviation landscape as the Las Vegas-based LCC plots its futures after it posted a $33 million Q1 loss versus a $57.1 million profit for the...
There is potentially an oversupply of up to 2,500 narrow and widebody aircraft in the market, and global demand, once the current restrictions are lifted, will have declined by 20% by the end of 2021,...
The European Regions Airline Association (ERA) has called the latest quarantine measures imposed by the UK and Spain arduous and damaging to the recovery of air transport in Europe. The ERA said that ...
German tour and airline operator Tui is laying 8000 employees as it looks to balance its books following its acceptance of 1.8 billion euro bridging loan from the federal government, via development b...
The multi-billion dollar programme of state aid for European airlines by France, Germany and Italy is a case of, “providing crack cocaine…to the usual addicts”, says Ryanair’s Michael O’Leary. The Rya...
Qantas Airways said today that it had advised Airbus and Boeing that it did not expect to take delivery of any new planes in the near term as it deals with the impact of COVID 19. The airline had expe...
Indonesia is finalising a US$1 billion (S$1.4 billion) financial bailout plan for its flag carrier to help it stave off a debt default due to COVID 19 forcing it to ground most of its planes. The resc...
Ryanair announced plans to return to 40% of normal flight schedules from July 1 2020, subject to Government restrictions on intra-EU flights being lifted, and effective public health measures being pu...
Brussels Airlines has called on the Belgian government and parent company Lufthansa to take “substantial and indispensable measures to guarantee the survival of the company”. The carrier said that to ...
Current forward-looking schedule data indicate over 30% of capacity has returned in the Chinese domestic market in the last two months, marking a positive sign for short-haul travel recovery as lockdo...
A combination of a large operator base and route flexibility relative to other widebody aircraft, means the Airbus A330 still has a long term future which is not reflected in current valuations, accor...
United Airlines has pulled out of a $2.25 billion bond issuance only three days after it announced it with media reports suggesting the carrier walked away because it was unable to get attractive enou...
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