El Al told to act, as Sapir bids $51mn for joint control
With the passing of the August 31 deadline for a USD150 million public offering for El Al Israel Airlines (LY,… Read More »
Brazil’s GOL pays $300mn loan with helping hand from Delta
GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) has managed to pay off a USD300 million debt, plus accrued interest,… Read More »
Aer Lingus mulls moving Shannon A321 routes to the UK
Aer Lingus (EI, Dublin Int’l) is contemplating ending its transatlantic services from Shannon and moving the two A321-200NX(LR)s used to… Read More »
Fiji Airways to cut costs by further 20%, boosts cargo ops
Fiji Airways (FJ, Nadi) will look to reduce monthly costs by a further 20% when global air travel improves, managing… Read More »
Spirit Airlines backs $600mn bonds with loyalty schemes
Spirit Airlines (NK, Fort Lauderdale Int’l) is planning to issue USD850 million in five-year bonds via two newly created Cayman… Read More »
UAE’s Wizz Air Abu Dhabi adds first A321neo
Wizz Air Abu Dhabi (WAZ, Abu Dhabi Int’l) took delivery of its first A321-200NX ahead of its planned October 1,… Read More »
PIA decides against EU flight ban appeal
PIA – Pakistan International Airlines (PK, Islamabad Quaid-e-Azam Int’l) has opted not to file a further appeal against the European… Read More »
Air France, Qatar Airways & United Airlines are latest to restart international flights from Houston
Two Mexican airlines are adding new services from the city despite COVID-19. Air France, Qatar Airways and United Airlines made… Read More »
Swoop outlines planned Toronto Pearson network
WestJet’s ultra-low-cost subsidiary Swoop will operate four domestic and five international routes from Toronto Pearson International. Swoop has released its… Read More »
Ecuador start-up seeks to replace TAME void
The Ecuatoriana Airlines brand could be returning to the skies in Ecuador, filling a gap in the market left by… Read More »
Restart and Reconnect
As lockdowns ease, new market patterns, regulations and business practices are emerging. Those organizations that adapt most effectively will emerge… Read More »
Brazil’s Embraer says is cutting its workforce by 4.5%, or about 900 jobs
Brazilian planemaker Embraer SA (EMBR3.SA) said on Thursday it is reducing its workforce by 4.5%, or around 900 jobs, as… Read More »
United Now Expects to Furlough 16,000 Employees on October 1
United Airlines announced today that it plans on furloughing 16,370 employees, come October 1, when the federal government’s CARES Act payroll… Read More »
Colorado Official Asks DOT to Investigate Frontier Airlines
More than 100 complaints by consumers from 30 states were more than enough for Colorado Attorney General Phil Weiser. Weiser… Read More »
Aviation Industry Calling on Governments to Reopen Borders
The International Air Transport Association (IATA) revealed it is working with governments around the world to reopen borders and provide airlines with… Read More »
Saudi Arabia to allow Israel-UAE overflights
Two days after the first-ever commercial flight between Israel and the United Arab Emirates, Saudi Arabia has said it would… Read More »
Qantas sells $369mn of bonds in oversubscribed issue
Qantas Group has shown that it can still access long-term funding from the bond market, issuing 10-year unsecured bonds worth… Read More »
Solomons to cut workforce by 20%
Solomons – Solomon Airlines (IE, Honiara) has announced that it will lay off 59 staff members, thus reducing the size… Read More »
India’s IndiGo completes A320neo engine replacement drive
IndiGo Airlines (6E, Delhi Int’l) has replaced faulty Pratt & Whitney PW1000-family engines powering all of its 128 A320neo Family… Read More »
Spirit adds Orange County to route map
Spirit Airlines is expanding in the Los Angeles area with the addition of John Wayne Airport to its route map…. Read More »
Aviation needs to ‘reinvent itself’ on sustainability
EasyJet director calls on industry to ensure governments have right policies in place. The coronavirus crisis has heightened the need… Read More »
Qatar Airways agrees delivery delays with Airbus, still talking to Boeing
Qatar Airways has struck a deal with Airbus SE (AIR.PA) to delay delivery of airplanes due to the pandemic-induced travel… Read More »
FBI opens probe into defunct US carrier OneJet CEO
The Federal Bureau of Investigation (FBI) has allegedly launched a criminal investigation into defunct virtual carrier OneJet (J1, Pittsburgh Int’l),… Read More »
California’s Surf Air nets $200mn, hires industry veteran
Surf Air (URF, Santa Monica) has raised USD200 million in advance of plans to go public and has also hired… Read More »
UAE gov’t injects $2bn into Emirates
The government of the emirate of Dubai pumped AED7.3 billion dirhams (USD2 billion) into Emirates (EK, Dubai Int’l) earlier this… Read More »
Bank dangles more incentives for HDC to buy Korea’s Asiana
State-owned Korea Development Bank, the main creditor of Asiana Airlines (OZ, Seoul Incheon), has offered further financial incentives to ease… Read More »