Central and Eastern European carrier Wizz Air Holdings has received confirmation that it is an eligible issuer under the UK Government's Covid Corporate Financing Facility (CCFF). Indicative issuing l...
As uncertainty persists over the future path of COVID 19 airlines with a mix of domestic and international reach, have greatest flexibility in how to respond, says aviation analysts Cirium in a repor...
Virgin Australia - The country's second-largest carrier - has confirmed it has entered voluntary administration. Last month Virgin cancelled all flights last month following wide-spread travel bans wh...
A group of US Senate Democrats called on airlines to release an estimated $10 billion in full cash refunds for flights cancelled by passengers owing to the COVID-19 pandemic. U.S. Transportation Depar...
Norwegian Air reported that four Swedish and Danish subsidiaries had filed for bankruptcy and said it had ended staffing contracts in Europe and the United States, putting some 4,700 jobs at risk. The...
Fitch Ratings has downgraded Virgin Australia Holdings Limited's long-term foreign-currency issuer default rating to 'CCC-' from 'B-' due to the increasing uncertainty around whether the airline will...
The recovery of the US airline sector from the COVID-19 downturn is increasingly likely to be a “multi-year affair”, says JPMorgan aviation analyst Jamie Baker. “We are growing increasingly convinced ...
Rolls-Royce has invited a group of leading companies to collaborate on Emer2gent, a new alliance of data analytics experts challenged with finding new, faster ways of supporting businesses and governm...
UK infrastructure group Stobart is considering buying back regional airline Stobart Air and its leasing firm Propius from the administrators of Connect Airways, it said in a statement. Stobart Group s...
Not only is aviation facing the biggest slowdown in its history market players are expecting recovery to be equally slow paced, according to a survey of industry executives by consultants ICF. Accordi...
The continuing impact of COVID-19 is giving little relief for airline executives with ticket refunds keeping pace with new ticket sales globally, according to Matthew Tringham, chief strategy and prod...
Brazil carrier GOL has cancelled 34 737 MAX orders from Boeing and reached agreement on an unspecified amount of cash compensation from the US airframe maker. In the first quarter of 2019, the unexpec...
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