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
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.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 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 (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 (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
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’s government is pumping 15 billion euros ($16.9 billion) in rescue money into the pandemic-battered aerospace industry, in hopes of… Read More »
Emirates Laying Off Flight Attendants & Pilots
A few weeks ago I wrote about the rumors that Emirates Airline would start laying off employees, and was considering… Read More »
Governments decide whether to aid Asia’s embattled airlines
Few sectors have been hit harder by the economic fallout of the pandemic than the airline industry. Asia is expected… Read More »
Russia’s space chief complains about American jokes
Americans should show more respect for Russia’s space program after relying on it for nine years as the only way… Read More »
Boeing jet deliveries sink to just four in May
Boeing deliveries slowed even further in May from April as the coronavirus pandemic’s crushing impact on airlines added to a… Read More »
US Air Force delays full-rate production decision for KC-46 aircraft
The U.S. Air Force will delay a full-rate production milestone for the KC-46 aerial refueling tanker to the end of… Read More »
Hong Kong government takes minority stake in Cathay Pacific
The Hong Kong government will take a minority stake in the airline. The Hong Kong government will gain a minority… Read More »
Russia’s S7 Airlines plans to resume all domestic fights in June
Russia’s S7 Airlines has unveiled bullish plans to resume fights across its entire domestic network in June, as well as… Read More »
ASL Airlines France to launch domestic service
ASL Airlines France, which specializes in flights between France and North Africa, will tomorrow open a new domestic scheduled passenger… Read More »
Air New Zealand CEO says no meaningful long-haul flying this year
Air New Zealand’s new CEO Greg Foran has warned that the airline does not expect a return to long-haul flying… Read More »
China’s daily passengers top 1 million as recovery continues
Chinese carriers have transported more than 1 million passengers in a day for the first time since late January as… Read More »
Romania’s Animawings secures first aircraft, an A320
Animawings (AWG, Bucharest Otopeni) has taken delivery of its first aircraft, A320-200 SX-DGI (msn 3162), as part of its certification… Read More »
Hawaii’s Makani Kai Air, Mokulele Airlines announce merger
Makani Kai Air (Honolulu) and Mokulele Airlines (MW, Kona) have announced they will merge their operations and operate under the… Read More »
MPs propose taking away BA’s Heathrow slots over job cuts
A number of British Members of Parliament, including the chairman of the Transport Select Committee, Huw Merriman, have called for… Read More »
Air Canada raises $1.2bn, says it still wants Transat deal
Air Canada (AC, Montréal Trudeau) has announced the closing of its previously announced fund-raising effort, hauling in nearly CAD1.6 billion… Read More »
IAG may sue UK gov’t, BA threatens to sack all pilots
Furious with the British government’s “irrational” changes in its approach to tackling the coronavirus pandemic, British Airways (BA, London Heathrow)… Read More »
US DOT permits Chinese carriers to conduct limited service
The United States Government has walked back its threat to ban all incoming flights by Chinese carriers after China eased… Read More »
Volga-Dnepr loses court battle to Boeing over freighters
Volga-Dnepr Group has lost a case against Boeing (BOE, Chicago O’Hare) in a court in the United States, allowing the… Read More »
Air Serbia warns of looming default on debts to Etihad SPVs
Air Serbia (JU, Belgrade) has notified EA Partners I and II, two Netherlands-based special purpose vehicles belonging to Etihad Airways… Read More »