The airline industry may be set back decade
So Boeing is in real trouble. It is no surprise; the company was in desperate straits going into this period. Will the commercial aircraft company be spun-out from the military side and then saved wit...
So Boeing is in real trouble. It is no surprise; the company was in desperate straits going into this period. Will the commercial aircraft company be spun-out from the military side and then saved wit...
Boeing has announced that Heidi Capozzi, senior vice president of Human Resources, will depart the company in early April to pursue another opportunity and will be replaced Wendy Livingston, currentl...
American Airlines Group has implemented a phased suspension of additional long-haul international flights from the US which started on March 16. This suspension will last through May 6. This change is...
On March 12, Southwest Airlines entered into a new $1bn 364-day term loan credit facility with a syndicate of lenders that was drawn in full on the closing date. The loan is priced at either the LIBOR...
In an operational update filed on March 16, Alaska Airline stated that in response to the reduced demand due to the fallout of the new coronavirus, COVD-19, it was immediately reducing capacity for Ap...
Etihad Airways has implemented a series of network changes as the collapse in passenger demand due to Covid 19 impacts the Abu Dhabi-based carrier. Emirates has suspended services to Rome and Italy, B...
UK low cost carrier Stobart Group has said in a trading update that the firm will require additional liquidity to deal with the drop in passenger number, while separately stating that talks on offload...
Airbus has announced the temporary suspension of production and assembly operations at its plants in France and Spain, which the airframe maker attributed to government measures in both countries to c...
British airways has issued an HR-1 notice to staff, a UK regulatory requirement, to all areas of the airline warning them that there is a risk of redundancy according to an email to Unite Members. In...
Airlines for America (A4A) has called for US authorities to come up with a $58 billion aid package for what it termed the “unprecedented and debilitating impact”, that Covid19 was having on the sector...
Following the imposition of multiple travel bans, and the French government’s decision to upgrade the Covid-19 pandemic to a level 3 public emergency, requiring the closure of all non-essential servic...
Finnair will cut approximately 90 per cent of its normal capacity, compared to 2019, starting from the beginning of April 2020, the company revealed as it published its second profit warning of 2020. ...
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