Rolls-Royce scraps targets and dividend
Rolls-Royce is scrapping its targets and final dividend to shore up its finances as the British aero-engine maker’s customers around… Read More »
airBaltic cuts 50% of flights through October
Latvian carrier airBaltic has announced further deep cuts to capacity over the next six months, as well as delaying the… Read More »
Avolon cancels order for 75 Boeing MAX and 4 Airbus A330neo jets
Aircraft lessor Avolon announced the cancellation of an order for 75 Boeing 737 MAX planes that were due to be… Read More »
China’s airline market slowly recovering
International flights remain limited. Each foreign airline can maintain only one route to China and operate only one flight a… Read More »
Singapore Airlines obtains $13 billion rescue package
State investor Temasek Holdings and others put together a funding package of up to S$19 billion ($13.27 billion) for Singapore… Read More »
Travel industry professionals commenting on the COVID-19’s impact
There is no doubt that the COVID-19 coronavirus has had a profound effect upon the travel industry, as it has… Read More »
Federal financial relief needed for Canada’s airports to endure through COVID-19 crisis
As Canada’s airports continue their work with public health agencies to facilitate the safe passage of hundreds of thousands of… Read More »
Airline industry crisis deepens as coronavirus kills demand
The crisis for airlines deepened on Thursday as Lufthansa, which has grounded most of its fleet, warned the industry may… Read More »