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Browse: Home   /   @AirGuide Business   /   Airline Business   /   Page 834

Nauru Airlines receives $1.67mn cash injection

Nauru Airlines receives $1.67mn cash injection

The Government of Nauru says it has provided a USD1.68 million cash injection to Nauru Airlines (ON, Nauru), primarily to… Read More »

Austrian secures €600mn bailout, eyes long-haul restart

Austrian secures €600mn bailout, eyes long-haul restart

Austrian Airlines (OS, Vienna) has secured a EUR600 million euro (USD678 million) bailout package backed by the Austrian government, commercial… Read More »

Loss prompts Lufthansa to consider sale of non-core units

Loss prompts Lufthansa to consider sale of non-core units

Lufthansa (LH, Frankfurt Int’l) posted a EUR1.2 billion euro (USD1.35 billion) loss for the first quarter of 2020, prompting it… Read More »

Wizz Air eyes Lufthansa’s Frankfurt slots with lower fees

Wizz Air eyes Lufthansa's Frankfurt slots with lower fees

Wizz Air (W6, Budapest) is, in principle, interested in taking over slots at Frankfurt Int’l which Lufthansa (LH, Frankfurt Int’l)… Read More »

Brazil’s Gol, LATAM to cut workforce, hours

Brazil’s Gol, LATAM to cut workforce, hours

Brazil’s GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) is cutting staff wages and hours by up to half and… Read More »

Singapore Airlines secures $7.2bn in liquidity

Singapore Airlines secures $7.2bn in liquidity

Singapore Airlines (SQ, Singapore Changi) has raised a total of SGD10.2 billion Singapore dollars (USD7.3 billion) in liquidity through a… Read More »

Hong Kong gov’t set to take Cathay Pacific stake

Hong Kong gov't set to take Cathay Pacific stake

The Government of Hong Kong is set to take a 6% stake in Cathay Pacific (CX, Hong Kong Int’l) as… Read More »

French court mulls manslaughter charges over Yemenia crash

French court mulls manslaughter charges over Yemenia crash

French prosecutors are looking to take Yemenia (IY, Aden) to trial over the 2009 crash of an A310-300 that killed… Read More »

Lufthansa offers to operate empty flights to India

Lufthansa offers to operate empty flights to India

Lufthansa has offered to operate empty flights to India, only carrying passengers on the inbound flight to Germany. The offer… Read More »

US flight attendants call for extension of government aid until year-end at minimum

US flight attendants call for extension of government aid until year-end at minimum

The union representing US flight attendants has called on Congress to extend government financial assistance for airlines through the end… Read More »

U.S. Pilots face career anxiety after coronavirus disruption

U.S. Pilots face career anxiety after coronavirus disruption

As the US air transport industry begins emerging from the pandemic-induced disruption, airlines are making difficult decisions about how to… Read More »

A Booming Airline Business: Shipping Pigs to China in 747 Jumbo Jets

A Booming Airline Business: Shipping Pigs to China in 747 Jumbo Jets

The coronavirus has wreaked havoc on commercial aviation, but Alexey Isaykin’s cargo carrier has been fully loaded. Volga-Dnepr Group has… Read More »

American Airlines Set To Reactivate 140+ Narrowbody Aircraft

American Airlines Set To Reactivate 140+ Narrowbody Aircraft

In the wake of its service uptick announcement, it has been revealed today that American Airlines will be bringing back… Read More »

Japan Airlines to boost international flights in July

Japan Airlines to boost international flights in July

Japan Airlines (JAL) plans to increase its international operations in July, mainly by opening up some of its routes to… Read More »

Canadian low cost Swoop outlines domestic network changes

Canadian low cost Swoop outlines domestic network changes

Canadian ULCC Swoop is increasing its domestic network from July but several planned seasonal services have been postponed. Swoop has… Read More »

Wizz’s new summer flights near 150

Wizz’s new summer flights near 150

Thirteen more routes have been added to Wizz Air’s summer schedule, taking the total number of new services being launched… Read More »

IATA Says spirit of cooperation is needed

IATA Says spirit of cooperation is needed

COVID-19 has thrown aviation into survival mode overnight but the industry should use this crisis to learn from the past… Read More »

Namibian president advocates for Air Namibia liquidation

Namibian president advocates for Air Namibia liquidation

Namibian President Hage Geingob has said that Air Namibia (SW, Windhoek Int’l) should be liquidated since it is not making… Read More »

Virgin Group may pay $35-70mn to keep Virgin Australia stake

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 »

EU questions Alitalia nationalisation plan

EU questions Alitalia nationalisation plan

Italy will have to review its plan to nationalise and relaunch Alitalia (AZ, Rome Fiumicino) as a leaner airline if… Read More »

Amazon to add a further 12 B767-300(F)s from ATSG

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 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 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 »

Garuda Indonesia attains approval to delay $500mn sukuk

Garuda Indonesia attains approval to delay $500mn sukuk

Garuda Indonesia (GA, Jakarta Soekarno-Hatta) has secured 90% approval to restructure its sukuk bond obligations, a vital step towards improving… Read More »

UAE greenlights resumption of full hub ops at three airports

UAE greenlights resumption of full hub ops at three airports

The UAE’s National Emergency Crisis and Disasters Management Authority (NECADMA) has given its consent to the resumption of largescale hub… Read More »

France announces $16.9 billion in aid for aviation industry

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 »

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