As part of broader cost series of cost-cutting measures Airbus’ has scaled back ambitions for its wholly-owned Skytra derivatives trading venue, which aimed to provide hedging services to airlines for...
The Council of the EU has relaxed the EU position on the reference period to be used for measuring the growth of CO2 emissions in international aviation, to take account of the COVID 19 drop in air t...
The UK’s Department for Transport has published new aviation guidance, setting out measures operators should put in place to protect staff and passengers. The guidance, produced by the government’s In...
Heathrow has said that employment numbers at the airport are unsustainable due to the UK’s 14-day quarantine rule, with passenger numbers in May 97% down on the same period last year putting an unspec...
EasyJet has announced six new routes due to operate from London Luton Airport next summer with the addition of Zakynthos in Greece, Larnaca, Cyprus, Fuertevenura and Gran Canaria in the Canary Islands...
The European Commission has approved, under EU State aid rules, Portugal's plans to grant a €1.2 billion rescue loan in favour of Transportes Aéreos Portugueses (TAP), according to a statement earlier...
Finnair has elected Colm Barrington the vice chairman of the Board of Directors. The Board also appointed members to its Audit Committee and People and Remuneration Committee. Jukka Erlund was elected...
Air Lease Corporation has placed one used Airbus A320-200 aircraft on long-term lease with HiSky Moldova, scheduled to deliver this July. This will be the first aircraft in the fleet of the Moldovan ...
Finnair has launched a €500 million rights issue a month after securing a €600 million state-backed loan. The Finnish carrier’s Asia focussed long haul business model has left it exposed during the CO...
France’s government has turned on the taps for the domestic aviation industry by stumping up another €8 billion for the broader domestic industry on top of the €7 billion already pledged to Air France...
Austrian Airlines has committed to cutting carbon emissions by half by 2030, with further reductions planned after that date, as part of a €600 million state aid package to support the carrier through...
Embattled LCC Norwegian’s recent deal with lessors that means it won’t pay rents on aircraft grounded by COVID 19 and which the carrier expects to save it $285 million over the next 12 months is unlik...
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