Rosenberg raises stakes for El Al, Sapir recruits economist
Eli Rosenberg, the first of three individuals to express an interest in buying El Al Israel Airlines (LY, Tel Aviv… Read More »
Carnival Corporation Publishes its 2019 Sustainability Report
The world’s largest cruise operator, Carnival Corporation & plc, today published its tenth annual, company-wide sustainability report. The new report, entitled… Read More »
Virgin Australia’s unsecured creditors to get 9%-13% return under Bain deal
Virgin Australia Holdings Ltd’s (VAH.AX) unsecured creditors will receive an average return of 9%-13% of their funds as part of… Read More »
Russia “expands geography” of subsidised flights
Russia has “expanded the geography” of domestic passenger flights subsidised by the national budget, a statement posted on the website… Read More »
Sweden rejects Norwegian funding, EC blesses SAS refinancing
Sweden’s National Debt Office has rejected a request by Norwegian (DY, Oslo Gardermoen) for a state-guaranteed loan, it announced in… Read More »
Crystal Parent Genting Hong Kong Halts Payments to Creditors
Genting Hong Kong Ltd., the parent of Crystal Cruises and other lines, warned that it is suspending payments to creditors to conserve… Read More »
El Al attracts third potential buyer, extends ops suspension
A third potential buyer has sought a permit to acquire control of El Al Israel Airlines (LY, Tel Aviv Ben… Read More »
Iberia ends A340 operations, BA starts B747 part-outs
Iberia (IB, Madrid Barajas) has completed the phase-out of its only quadjet type, the A340-600. The Spanish airline said that… Read More »