New share offering gives Finnair hope
According to ainonline.com Finnair intends to raise €500 million (US$565 million) with a proposed share offering in an effort to… Read More »
Wizz Air restarts flights to Croatia
Wizz Air has announced the restart of its London Luton flights to the Croatian city of Split. Tickets are available… Read More »
Airbus receives no new orders in May but no cancellations either
Airbus has reported that it has received no new orders for its aircraft, but has also suffered no cancellations. For… Read More »
Etihad Airways overhauls cabins on nearly 100 of its passenger aircraft
Etihad Aviation’s engineering department is conducting a massive cabin refurb project to refresh 96 of the airline’s passenger jets while… Read More »
A COVID-19 logistical puzzle: how airlines safely store their aircraft
When the COVID-19 crisis hit Europe and North America in earnest in March, airlines faced an unprecedented drop in demand for flights… Read More »
Alaska Airlines expects 3,000 jobs cut by 2021 amid pandemic
Alaska Airlines prepares to cut 3,000 jobs by next year amid the downturn in revenue for airline travel after the… Read More »
Delta and GOL in talks to delay $300mn loan payment
A deal is expected soon to allow GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) to delay payments related to… Read More »
Nunavut gov’t gives $18.2mn to Canadian North and Calm Air
The Government of Nunavut, the most northern territory of Canada, will give a total of CAD24.64 million Canadian dollars (USD18.2… Read More »
Alaska Airlines could cut up to 3,000 staff
Alaska Air Group could cut up to 3,000 employees, or 13% of its workforce, by 2021 due to reduced demand… Read More »
Finnair details $569mn rights issue, EC okays state role
Finnair (AY, Helsinki Vantaa) has released details of its fully underwritten EUR500 million euro (USD569 million) rights offering, a sum… Read More »
Business Travel Industry Lobbies for Liability Protections
The business travel industry is seeking protections from legal liability in the event employees or customers contract COVID-19. According to a… Read More »
Malaysia sees domestic traffic return
Charting the resurgence of air transport in markets around the word, Routes looks at the easing of travel restrictions in… Read More »
British Airways, Alitalia, Cathay Pacific, Air France on recovery mode
A weekly round-up of the latest news from the aviation industry as airlines and airports begin to recover from the… Read More »
Sun Country seeks service waiver extension
US leisure carrier Sun Country is hoping to extend the suspension of service to a chunk of its domestic network… Read More »
Air Canada CEO calls on government to ease COVID-19 travel restrictions
Calin Rovinescu tells an Aviation Week Network webinar that his airline expects to carry 25% of last year’s number of… Read More »
British Airways Weighing Voluntary Redundancy for Pilots
British Airways is looking at offering voluntary redundancy to pilots as an alternative to compulsory dismissals and could extend the… Read More »
Court stays SA Express liquidation until late 3Q20
South Africa’s High Court in Pretoria has delayed the liquidation proceedings of South African Express (XZ, Johannesburg O.R. Tambo) until… Read More »
Airbus threatens to sue airlines that bail on deliveries
Airbus (AIB, Toulouse Blagnac) is working with its airline customers to adjust terms of deliveries during the COVID-19 pandemic and… Read More »
Emirates, flydubai cut thousands of jobs
Emirates (EK, Dubai Int’l) laid off at least 600 pilots, predominantly first officers certified on the A380-800 type, in a… Read More »
Korean banks to renegotiate HDC’s acquisition of Asiana
The two state-owned banks that have provided KRW3.3 trillion won (USD2.7 billion) to Asiana Airlines (OZ, Seoul Incheon) over the… Read More »
Biman Bangladesh resorts to charters as demand plunges
Biman Bangladesh Airlines (BG, Dhaka) has begun offering charter flights to six domestic destinations as it seeks a way to… Read More »
Korean Air to receive another $840mn, sell land – reports
South Korea will give KRW1 trillion won (USD840 million) of its KRW40 trillion (USD33.6 billion) long-term industry stabilisation fund to… Read More »