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...
Ailing LCC Norwegian Air has won support from shareholders, bondholders and aircraft lessors for a 10bn kroner ($1billion) debt-for-equity swap. At an emergency AGM today he airline’s shareholders vot...
Air Canada today reported an operating loss of $433 million compared to operating income of $127 million in the first quarter of 2019. At March 31, 2020, unrestricted liquidity amounted to $6.523 bill...
The Thailand government has given a $1.8 billion bailout for struggling flag carrier Thai Airways. According to local media The State Enterprise Policy Committee meeting approved “in principle” the p...
WestJet has reached an agreement with the Airline Pilot Association (ALPA), to save more than 1,000 pilot jobs at WestJet, WestJet Encore and Swoop amidst the COVID-19 crisis. The airline had previous...
British Airways plans to make heavy cuts to its Gatwick airport operation as part of 12,000 redundancies. The airline has informed staff of detailed plans after it announced earlier this week that it ...
The impact of the precipitous decline in passenger numbers due to COVID 19 is likely to be permanent and means the aviation sector could meet the 2050 CORSIA emissions reduction goal as early as 2030,...
In a statement, Boeing said that it was “pleased with the response to our bond offering”. That’s an understatement since reports state that the $25bn bond offering, across seven tranches, ranging from...
Boeing will resume 787 operations at Boeing South Carolina, with most employees returning on May 3 or May 4. The return includes all operations that were temporarily suspended on April 8 in response t...
Bombardier has begun the process of recalling most of its Canadian based employees that were placed on furlough following government mandates enacted to slow the spread of COVID-19. Suspended manufact...
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