Following weeks of negotiation the German government is taking a 20% equity stake in Lufthansa as part of a €9 billion bailout of the carrier by the country’s Economic Stabilization Fund (WSF). The WS...
BA is splashed across the front pages today with the announcement yesterday that it plans to shed 12,000 jobs (see European, Airline News below). The unions are claiming that BA has “jumped the gun” a...
British Airways (BA), owned by parent International Airlines Group (IAG), has formally notified its unions of a proposed restructuring and redundancy programme, which could result in the redundancy of...
Over the weekend Boeing ended its merger agreement with Embraer, leading to the Brazilian airframe manufacturer vociferously denying Boeing’s claims that it failed to meet its obligations. Litigation ...
On Saturday April 25, Boeing confirmed that it had terminated its Master Transaction Agreement (MTA) with Embraer, under which the two companies had sought to establish a joint venture comprising Embr...
GE Capital Aviation Services (GECAS) and Boeing have announced a mutual agreement to restructure the lessor’s skyline orderbook for 737 MAX aircraft. While the details of the agreement are confidentia...
Graham Tyler, Co-Global Head of Asset Finance, and Rakhi Savjani, Counsel, at Pillsbury law, discuss how to maintain dialogue with customers during the COVID-19 crisis. The aviation sector is currentl...
The air cargo market is not only one of the few silver linings in the aviation sector right now, and the prospect of surplus passenger aircraft should provide feedstock at an economic price for P2F co...
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...
The best bet for all airlines at this time is to shutter all operations and go into hibernation. This course of action would require placing staff on unpaid leave, or temporary redundancy, to be re-hi...
US carriers should be able to navigate the US restriction on travel from Europe, but ratings will come under pressure and the spectre of a big name carrier defaulting on debt repayments, or even going...
Seconds after we sent our news update today, Norwegian sent what amounts to a cry for help for government assistance. Although the airline welcomed the decision of the Norwegian government to remove a...
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