BALPA slams Ryanair’s redundancy “hypocrisy”
British pilots union BALPA has slammed Ryanair’s decision to go ahead with planned pilot redundancies in the UK as “hypocrisy” given the firm’s decision to tap the country’s COVID 19 aid facility for ...
British pilots union BALPA has slammed Ryanair’s decision to go ahead with planned pilot redundancies in the UK as “hypocrisy” given the firm’s decision to tap the country’s COVID 19 aid facility for ...
Rolls-Royce said it will cut at least 9,000 jobs and slash costs elsewhere due to the impact of COVID 19 on the aviation sector. “This is not a crisis of our making. But it is the crisis that we face ...
Fitch Ratings has downgraded the outlook on a number of notes issued by Sapphire Aviation Finance from rating watch negative to rating outlook negative. In addition to changing the rating on the serie...
Virgin Australia’s administrator Deloitte has shortlisted four candidates to take over the airline: Bain Capital, BGH Capital, Indigo Partners and Cyrus Capital Partners. Virgin Australia's appointed...
El Al is one of the Israeli economy's most significant corporate casualties from COVID 19 and will not survive without state assistance, says its chief executive Gonen Usishkin, as the firm announced ...
Ryanair used its annual results to launch a broadside against what it views as unlawful state aid to its European rivals as the Irish carrier plunged to a $200 million loss in the first quarter of 202...
The Thai government has changed its mind on providing $1.8 billion state aid for the country’s flag carrier and instead will let the firm go bankrupt, according to Reuters. Thailand’s State Enterprise...
As COVID 19 continues to impact the global air travel industry, the latest data from Skytra, the Airbus subsidiary, shows a rising average ticket prices across all major regions, with flights between ...
Alaska Air Group today reported a first quarter 2020 net loss of $232 million, compared to net income of $4 million for the same period in 2019. "In the face of one of the greatest challenges in the h...
Russia flag carrier Aeroflot is eligible for up to $106.8 million in state aid as part of a package according to calculations from Reuters. In the document published on Wednesday, Russia issued an ord...
The recent dramatic fall in oil prices saw Singapore Airlines record a $710 million mark-to-market loss on its fuel hedging programme in the first quarter, a figure just shy of the carrier’s net fuel...
Korean Air is looking to raise $1.8 billion in fresh capital from a combination of issuing new shares and government aid as it seeks to navigate the challenges of Covid-19. The carrier will issue 79 m...
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