Ethiopian Airlines chief executive Tewolde Gebremariam said on Tuesday the airline lost $550 million from January to April because of the coronavirus outbreak, according to Reuters. “Due to coronaviru...
UK-based environmental lobbyists Stay Grounded has issued an open letter calling for governments to reject airlines bailouts and instead focus on workers’ rights and environmental issues related to th...
Despite commercial aerospace activities making up a small part of the firm’s revenues Thales has completed €2 billion syndicated credit facility as part of package of measures to deal with Covid 19 d...
The International Air Transport Association (IATA) has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisi...
EUROCONTROL member states’ have bowed to industry pressure and has made the decision to defer air traffic control fees as part of a financial package to enabling airlines to postpone the payment of up...
Lufthansa has announced a series of measure to respond to the Covid 19 pandemic including shutting down its German Wings subsidiary with no indication that the carrier would be restarted at a later da...
EasyJet has secured a £600m loan from the Treasury and Bank of England’s emergency coronavirus fund, as the airline’s founder and biggest shareholder, Sir Stelios Haji-Ioannou, said it would run out o...
Boeing will temporarily suspend all 787 operations at Boeing South Carolina (BSC) until further notice, starting at the end of second shift on Wednesday, April 8. This impacts the Airport Campus, Emer...
El Al airlines said Monday that the Treasury has rejected the carrier’s request for a state loan of $350 million to weather the coronavirus pandemic. In a statement to the Tel Aviv Stock Exchange, th...
Lufthansa has announced that Ulrik Svensson, Member of the Executive Board and Chief Financial Officer has informed the Chairman of the Supervisory Board of the company that he has to resign from his...
Risk management company, Anvil Group, has acquired airline safety advisory service, FlightSafe one of as the world's most comprehensive resource for airline safety data. Flightsafe provides access to ...
Airbus is temporarily adapting commercial aircraft production and assembly activity at its German sites in Bremen and Stade and pausing production at its A220/A320 manufacturing facility in Mobile, Al...
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