Airbus confirms 15,000 redundancies
Airbus has clarified it’s to lay-off 15,000 employees following comments in the German media by the company’s chief executive Guillaume Faury that is reducing production more than had originally been ...
Airbus has clarified it’s to lay-off 15,000 employees following comments in the German media by the company’s chief executive Guillaume Faury that is reducing production more than had originally been ...
Scandinavian carrier SAS unveiled Tuesday a plan to raise around 12 billion Swedish kronor ($1.3 billion) in new funds to deal with the impact of COVID 19. Supported by the three largest shareholders,...
Aeromexico became the latest North American airline to release liquidity from its loyalty programme after announcing that Canadian investment firm, Aimia, had increased the amount it would inject into...
Airframe maker Airbus will reduce its production and deliveries by around 40% over the next two years, and potentially lay-off tens of thousands of employees, according to an interview with the German...
Falko Regional Aircraft, an operating leasing and asset management company focused on the regional aircraft sector, today announced that it will add eleven Bombardier CRJ900 aircraft to its portfolio ...
Norwegian Air (has cancelled orders for 97 Boeing airplane and will claim compensation from the airframe maker for the grounding of the 737 MAX and for 787 engine troubles that hit its bottom line, th...
Thailand's long-haul LCC NokScoot Airlines will enter liquidation as COVID 19 hits it business model, parent Nok Airlines said in a statement on Friday. NokScoot, a joint venture between Thailand's No...
Ailing Virgin Atlantic is looking to raise up £900m just days after it said it was unlikely to secure a government bailout. The carrier was originally looking for an additional £750 million , liquidit...
Singapore lessor Avation said that statements over the weekend by Virgin Australia’s new owners suggested that the recapitalised airline would require five ATR72-600s in order to meet the requirements...
Qantas Airways has launched a $1.36 billion institutional placement as well as cutting 6000 jobs cut and grounding 100 aircraft for the next 12 months as part of its three-year COVID-19 recovery plan....
Ryanair quickly reacted to plans announced by the Dutch government that it would provide €3.4 billion to prop-up its share of Air France-KLM by calling for the EU Commission to block what the LCC term...
The shareholders of Lufthansa have voted in favour of accepting €9 billion state aid package from the federal Economic Stabilisation Fund (WSF) after concerns that its largest shareholder could block ...
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