Lufthansa saved from collapse with government aid package
Lufthansa looks set to have avoided bankruptcy by drawing on a €9 billion aid package from the German government after… Read More »
Boeing in scramble to shore up 737 MAX financing
Boeing is scrambling to shore up financing for the 737 MAX as it awaits regulatory approval for design changes after… Read More »
AirAsia shares in biggest daily fall as auditor flags ‘going concern’ doubts
Shares in Malaysia’s AirAsia Group Bhd (AIRA.KL) tumbled more than 17% on Wednesday in their biggest daily fall after the… Read More »
UAE’s newest airline to begin service on July 14
The new Abu Dhabi-based LCC being launched by Etihad Airways and Air Arabia will begin service next week with two… Read More »
Aircraft lessor Avolon cancels 27 Boeing 737 MAX jets
Aircraft lessor Avolon on Tuesday announced the cancellation of an additional 27 Boeing (BA.N) 737 MAX planes after canceling 75… Read More »
Air Arabia Abu Dhabi: UAE’s newest airline to start flights on July 14
Budget airline will fly to Alexandria and Sohag, and more destinations to be added Air Arabia was roped in for… Read More »
New South Korean LCC Aero-K eyes underserved routes
Carrier to be based 100 km south of Seoul at Cheongju International Airport. South Korea’s newest LCC Aero-K expects to… Read More »
German and Dutch governments put up billions to save airlines
The governments of Germany, the Netherlands and France have offered financial bailout packages worth billions of euros to save their… Read More »