Canada’s aid package omits major carriers
The National Airlines Council of Canada has criticised the omission of federal aid to the country’s major airlines from the… Read More »
Paris to sink €4-5bn in AF-KLM and double stake – report
The French government, which currently holds a 14.3% shareholding in Air France-KLM, will double its stake by injecting an additional… Read More »
ForestaMi: Milan’s future in the shade
Milan has never lacked the capacity to think ahead, and it has recently launched a long-term plan to counterbalance the… Read More »
Israeli gov’t prepared to upgrade aid to El Al – report
Israel’s Ministry of Finance will improve the state aid it has promised to El Al Israel Airlines (LY, Tel Aviv… Read More »
Garuda Indonesia to be put under tourism holdco Penas
As part of efforts to drive efficiency into Indonesia’s state-owned enterprises (SOEs) while specifically attempting to boost its aviation and… Read More »
easyJet enlists restructuring firm to cut $1.9bn debt pile
easyJet (U2, London Luton) has enlisted American consulting and restructuring firm AlixPartners in an attempt to refinance its GBP1.4 billion… Read More »
El Al mulls public bond sale, doubts going concern status
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) has revealed that its board failed to reach a deal with… Read More »
PAL downplays reports it is seeking court protection
No definite decision has been made on the future of privately-owned flag carrier, Philippine Airlines (PR, Manila Ninoy Aquino Int’l),… Read More »