Comair enters business rescue
South African carrier, Comair will enter into business rescue to safeguard the interests of the company and its stakeholders after the Covid-19 crisis disrupted the implementation of a turnaround plan...
South African carrier, Comair will enter into business rescue to safeguard the interests of the company and its stakeholders after the Covid-19 crisis disrupted the implementation of a turnaround plan...
Qatar Airways will begin a phased approach to expanding its network in line with passenger demand evolution and the expected relaxation of entry restrictions around the world. Qatar Airways Group chie...
Five international air transport and tourism bodies have launched an appeal to international financial institutions, country development partners and international donors to support Africa’s Travel & ...
EU Regulation 261/2004 may require airlines to refunds cancelled tickets within seven days by bank transfer, but Lufthansa chief executive Carsten Spohr said that forcing carriers to hand back cash ra...
Warren Buffett’s investment firm Berkshire Hathaway has exited the US airline industry having sold all its shares in American Airlines, Delta Air Lines, United Continental Holdings, and Southwest Ai...
GE is cutting another 10,000 aviation jobs globally as it prepares for an extended slump in Q2 air traffic and likely production cuts by aircraft manufacturers that will last longer. The new permanent...
Alaska Airlines has reported a net loss for the first quarter of 2020 of $232 million, compared to net income of $4 million in the first quarter of 2019. “The impacts of COVID-19 on our business have ...
KLM Royal Dutch Airlines will gradually begin restoring its European network. The airline will resume daily service to seven extra destinations, which were suspended in compliance with Covid-19-relate...
In April 2020 Wizz Air operated at three percent of its capacity with load factors of 75% as the Central European LCC felt the full impact of COVID 19. In addition to its regular passenger traffic Wiz...
Singaporean LCC Jetstar Asia is continuing the suspension of most of its services until the end of May due to ongoing border restrictions. The carrier first suspended services in mid-March as governme...
Central and Eastern European LCC Wizz Air, announced today five new routes from Abu Dhabi International Airport (AUH). The routes will connect the capital of United Arab Emirates with Budapest and Buc...
The European Union’s competition watchdog approved French state aid worth €7bn for Air France-KLM. The carrier obtained a state guarantee and a subordinated shareholder loan, a financial lifeline exec...
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