Virgin Group may pay $35-70mn to keep Virgin Australia stake
Richard Branson’s Virgin Group wants to invest between AUD50 and 100 million Australian dollars (USD35-70 million) in insolvent Virgin Australia… Read More »
Amazon to add a further 12 B767-300(F)s from ATSG
Amazon.com has expanded its existing air transportation services agreement with Cargo Aircraft Management, a subsidiary of Air Transport Services Group,… Read More »
AirAsia confirms talks with investors amid SK Group interest
AirAsia Group has confirmed it is studying various proposals for capital injections to strengthen its equity base and improve its… Read More »
Emirates eyes closer ties with flydubai
Emirates (EK, Dubai Int’l) is planning to increase cooperation with its sister carrier flydubai (FZ, Dubai Int’l) in the post-COVID… Read More »
France announces $16.9 billion in aid for aviation industry
France’s government is pumping 15 billion euros ($16.9 billion) in rescue money into the pandemic-battered aerospace industry, in hopes of… Read More »
Boeing jet deliveries sink to just four in May
Boeing deliveries slowed even further in May from April as the coronavirus pandemic’s crushing impact on airlines added to a… Read More »
Hong Kong government takes minority stake in Cathay Pacific
The Hong Kong government will take a minority stake in the airline. The Hong Kong government will gain a minority… Read More »
Air New Zealand CEO says no meaningful long-haul flying this year
Air New Zealand’s new CEO Greg Foran has warned that the airline does not expect a return to long-haul flying… Read More »