TAP Air Portugal selects consultancy, boosts N America ops
Following the European Commission’s approval of state aid to TAP Air Portugal (TP, Lisbon), the airline has now settled on… Read More »
Nigeria’s Air Peace recalls sacked pilots after union threat
Air Peace (P4, Lagos) has agreed to recall “some” of over 70 pilots it sacked earlier in August after the… Read More »
easyJet to shutter three UK bases in late 3Q20
easyJet (U2, London Luton) has confirmed the closure of bases at each of London Stansted, London Southend, and Newcastle, GB… Read More »
Thai carriers demand gov’t aid, Thai AirAsia returns to BKK
Thailand’s ailing low-cost carriers have dispached a follow-up letter to the country’s prime minister, Prayut Chan-o-cha, repeating an earlier appeal… Read More »
Aeroméxico secures $1bn DIP loan from investment firm
Aeroméxico (AM, México City Int’l) has secured USD1 billion in Debtor-In-Possession (DIP) financing – a form of funding for companies… Read More »
Avianca Holdings seeks $1.2bn in fresh DIP financing
Avianca Holdings has outlined its proposed debtor-in-possession (DIP) financing, wherein it aims to raise around USD1.2 billion in fresh capital… Read More »
Auditors refuse to sign off on Thai Airways’ report
Trading in Thai Airways International (TG, Bangkok Suvarnabhumi) shares on the Stock Exchange of Thailand (SET) was suspended between August… Read More »
Second businessman enters race to buy El Al
Real estate tycoon Meir Gurvitz has filed a request with the secretariat of El Al Israel Airlines (LY, Tel Aviv… Read More »