Qatar Airways is following its moves to reduce headcount by entering into talks with OEMs over delaying the delivery of a number of airplanes on order, according to a report in the South China Morning...
Brazilian carrier GOL intends to return a total of 18 leased aircraft over the course of 2020, according to investor update released today ahead of the firm’s results later this month. GOL has so far ...
The International Air Transport Association (IATA) released new analysis showing that the damage to air travel from COVID-19 extends into the medium-term and the industry group says that quarantine me...
Standard Chartered Aviation Finance has closed the purchase and leaseback of six Airbus A321-200 aircraft, built in 2019 and 2020, with Delta Air Lines. The US deal was structured, financed and arrang...
United Airlines decision to pull out of a proposed $2.25 billion private offering due to investors asking for higher than expected yields could be revisited secured against a different pool of assets,...
Allegiant Air will look for bargains among the post-COVID 19 aviation landscape as the Las Vegas-based LCC plots its futures after it posted a $33 million Q1 loss versus a $57.1 million profit for the...
German tour and airline operator Tui is laying 8000 employees as it looks to balance its books following its acceptance of 1.8 billion euro bridging loan from the federal government, via development b...
The multi-billion dollar programme of state aid for European airlines by France, Germany and Italy is a case of, “providing crack cocaine…to the usual addicts”, says Ryanair’s Michael O’Leary. The Rya...
Indonesia is finalising a US$1 billion (S$1.4 billion) financial bailout plan for its flag carrier to help it stave off a debt default due to COVID 19 forcing it to ground most of its planes. The resc...
Ryanair announced plans to return to 40% of normal flight schedules from July 1 2020, subject to Government restrictions on intra-EU flights being lifted, and effective public health measures being pu...
Brussels Airlines has called on the Belgian government and parent company Lufthansa to take “substantial and indispensable measures to guarantee the survival of the company”. The carrier said that to ...
A combination of a large operator base and route flexibility relative to other widebody aircraft, means the Airbus A330 still has a long term future which is not reflected in current valuations, accor...
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