It is D-Day for the US airline industry as at the stroke of midnight yesterday the US Payroll Support Program (CARES Act) expired. As it did so, airlines across America had no alternative but to send ...
Egypt’s Finance Ministry has confirmed that it will be propping up the flag carrier EgyptAir with a guarantee of long-term financing of E£3bn ($191m). At the same time the Egyptian Presidency signed i...
I have searched a great deal for an upbeat airline story so far this week – this task is not an easy one. Airline shares across the board are being shorted (save for Ryanair) and that is the primary r...
As the last Qantas A380 to be refurbished flies straight out into the desert we have to ask how long it will be before we see that aircraft in service again, if ever. Meanwhile on Friday (Sept.25), ea...
Airbus and Boeing have it in their power to take significant pressure off of the market by collapsing production rates and slowing the entry of aircraft into the market. The continuing delays in the M...
When assessing the current aviation market, the spotlight of worries falls upon the smaller independent airlines, which seem to have taken a great deal of stick in the press of late, while the flag ca...
In this market, indeed in this world at the moment, planning for the future is no easy task, but plan for it we must. For airlines and lessors the news from Airbus on the zero-emissions aircraft this ...
A number of US and European airlines announced major reductions in schedule as passengers demand remains weak in the face of COVID 19. In the US, United said Q3 capacity would be 70% lower than the sa...
Major airlines want the US and British governments to launch a passenger testing trial for COVID 19 for flights between London and New York to pave the way for a resumption of more international trav...
Qantas has issued an AUD $500 10-year unsecured bond issue after holding talks with potential investors last week. The bonds were priced at 5.25%, lower than a number of other carriers which have rece...
American Airlines will furlough up to 19,000 employees on October 1, the airline said in a memo to staff on Tuesday, unless Congress extends the CARES Act's payroll support program. “Today is the hard...
Qantas has announced that it will cut 4,000 workers (6,000 planned) in order to try and survive the COVID-19 crisis after it posted an annual loss of A$2bn ($1.43bn). Alan Joyce confirmed what we all ...
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