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...
You might have suspected that this move was coming, but nevertheless when it did it was still a shock. All flights to the USA from the EU Schengen border-free travel area will be cancelled from midnig...
There are four things aircraft lessors need to consider right now: Is your airline customer in a strong cash position?Does the airline customer have government backing? Does the airline customer hav...
The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel coronavirus (COVID-19) on 2020 global revenue losses for the passenger business to between ...
Ailing UK regional airline Flybe has finally declared insolvency after failing to secure a crucial £100m loan from the British government, with the carrier blaming the impact of COVID19 for tipping it...
The International Air Transport Association (IATA) is contacting aviation regulators worldwide to request that the rules governing use of airport slots be suspended immediately and for the 2020 seaso...
A number of firms are eyeing up Singapore-based lessor, Avation PLC, following the January 6 announcement that the firm was conducting a comprehensive strategic review which included the possibility ...
The collapse in passenger in China as a result of coronavirus is predictable but the knock-on negative impact for the global market may mean demand does not return to normal until Q2 2021 at the earl...
The 2021 deadline for transitioning away from Libor, and the other interbank offer rates (Ibors), which provide the pricing benchmark for a $400 trillion dollars notional of underlying financial inst...
Airbus has been fined €3.6bn as it reached final deferred prosecution agreements (DPA) with French, US and UK authorities over bribery activity in a number of countries including Ghana, Indonesia, Ma...
The World Health Organization (WHO) has declared an international public health emergency over the coronavirus outbreak. Tedros Adhanom, director-general of the World Health Organization, said: “We...
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