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 »
American Airlines eyes second-tier network cuts in 4Q20
American Airlines (AA, Dallas/Fort Worth) is pondering suspending routes to as many as 30 second- and third-tier cities in the… Read More »
Boeing to offer second layoff plan, CEO Calhoun sees smaller market ahead
Boeing said on Monday it would offer employees a voluntary layoff package with pay and benefits for the second time… Read More »
Nashville Airport Launches Touchless Biometric ID Tech at Security
Last week, on August 12, Nashville International Airport became the first in Tennessee and thirty-fifth in the nation to debut ‘Clear’ biometric identity scanners,… Read More »
Blue Ribbon Bags Stamps Partnership With MakeMyTrip
Blue Ribbon Bags (BRB), one of the fastest-growing ancillary services in the travel market and world leader in delayed luggage… Read More »
Choice Hotels’ Midscale, Upper-Midscale Brands Outpace Industry In 2020’s First Half
Known for their segment leadership, all of Choice Hotels International, Inc.’s popular select service midscale and upper-midscale brands saw material year-over-year… Read More »
Following rapprochement, UAE, Israel target direct flights
The United Arab Emirates (UAE) is eager to develop direct flights to Israel following the normalisation of ties between the… Read More »
Canada’s Flair Airlines ends B737 Classic ops
Flair Airlines (F8, Kelowna) has transitioned to an all-B737-800 fleet following the retirement and subsequent sale of its last four… Read More »
New Zealand carriers restrict ops as lockdown beckons
With New Zealand set to return to lockdown following a string of COVID-19 cases in Auckland earlier this month, Air… Read More »
Transavia France to enter domestic routes
Main pilots’ union SNPL at Transavia France (TO, Paris Orly) has agreed to the launch of the low-cost carrier’s domestic… Read More »
Iraq suspends flights to Turkey shortly after reopening
The Iraq Civil Aviation Authority (ICAA) halted all flights from the country to Turkey on August 3 due to the… Read More »
IndiGo Airlines to raise $535mn through share sale
IndiGo Airlines (6E, Delhi Int’l) has announced in a stock market filing that the Board of Directors of parent holding… Read More »
Airbus announces modest improvement to deliveries
Airbus announced that it has delivered 36 commercial aircraft in June, which is a small improvement compared with May and… Read More »
BA jumbo heads to scrapheap as 747 fleet retirement starts
British Airways said the retirement of its jumbo jet fleet will start on Tuesday when the first of its 31… Read More »
Search Underway for Missing United Airlines Executive
Illinois authorities and volunteers began a massive search Friday for a missing United Airlines executive. Jake Cefolia, the carrier’s Senior… Read More »
American Airlines prepares to drop some service to smaller cities
According to CNBC, American Airlines is preparing to scrap flights serving two-dozen medium and small cities as the expiration of… Read More »
United Airlines warns of pending furloughs
United Airlines has stated that up to 36,000 of its employees could be facing possible involuntary furlough from 1 October,… Read More »
Lufthansa Group removes 100 aircraft and stops Germanwings
The Lufthansa Group has revealed its second stage of restructuring in an effort to deal with the impact of COVID-19…. Read More »
Air France and HOP! set to lose 7,500 jobs over the next three years
At Air France and HOP are set to introduce a drastic series of cost-saving measures to adapt to that both… Read More »
Avolon cancels order for 27 additional 737 MAX aircraft
Despite the 737 MAX being close to re-certification, recent orders for the aircraft have been terminated at a regular pace… Read More »
Irkut’s MC-21-300 undergoes engine water testing
Irkut Corporation (part of UAC of Rostec State Corporation) has started tests of its MC-21-300 to validate operating the aircraft… Read More »
Hitit is the first aviation company to be certificated on IATA’s latest NDC schema 20.1
Hitit has been certified at Level 4 on the International Air Transport Association’s (IATA’s) 20.1 schema under the New Distribution… Read More »
Frontier Airlines receives its 100th A320 from Airbus
Frontier Airlines received its 100th A320 on 29 July complete in a distinctive ‘Chinook the Gray Wolf’ livery on the… Read More »