Norwegian Air’s affiliates file for bankruptcy putting Boeing jet orders in question
Norwegian Air Shuttle, a major Boeing customer, saw four affiliates in Denmark and Sweden file for bankruptcy Monday, raising questions… Read More »
Air Baltic is throttling up as most airlines scrap jet orders
Airlines are doing everything they can to scrap or delay jetliner deliveries amid an unprecedented collapse in air travel. Not… Read More »
Virgin Australia airline seeks bankruptcy protection
Virgin Australia, the nation’s second-largest airline, announced Tuesday it had entered voluntary administration, seeking bankruptcy protection after a debt crisis… Read More »
Asia-Pacific airlines and airports prepare to resume operations
Airports Council International (ACI) Asia-Pacific has released preliminary traffic data from 18 airports in major aviation markets across the Asia-Pacific… Read More »
GE enters into $15 billion loan agreement
General Electric entered into a revolving credit agreement for $15 billion, according to a regulatory filing on Monday. The current… Read More »
Battered consumer confidence to slow airlines’ recovery
Faltering consumer confidence will slow the recovery of air travel once coronavirus restrictions end, the sector’s main global body IATA… Read More »
United Airlines sells $1 billion of stock
United Airlines Holdings announced a public offering to raise more than $1 billion, the first major airline to sell equity… Read More »
AirAsia plans to restart domestic flights
AirAsia is targeting April 29 as the date it plans to restart domestic flights in Malaysia, followed by Thailand and… Read More »
American Airlines requests service exemptions from U.S. DoT
American Airlines has become the latest carrier to request exemptions to minimum service rules under the CARES Act. The legislation… Read More »
Strong headwinds swirl around AirAsia-Malaysia Airlines merger
Transport experts say a merger of AirAsia and Malaysia Airlines may kill competition and result in a surplus of aircraft…. Read More »
US to resume manned space launches after 9 years
NASA and SpaceX have picked May 27 for resuming astronaut launches from the US after nine years of complete Russian… Read More »
FAA commercial space office completes reorganization
The Federal Aviation Administration (FAA) office responsible for licensing commercial launches and reentries has completed a reorganization announced nearly a… Read More »
China Development Bank and General Electric cancel Boeing 737 MAX order
China Development Bank (CDB) Financial Leasing announced on Monday it had agreed with Boeing to cancel the purchase of 29… Read More »
Dallas-based private jet business grounds planes
California transplant JetSuite saw its business evaporate in late March. JetSuite, a Dallas-based private aviation company, is shutting down operations… Read More »
America’s airlines prepare for a very painful fall
The world’s largest carriers are on a one-way trip from pandemic to contraction, and more than 100,000 employees could pay… Read More »
FAA approves seatless airliners for freight
The FAA has issued guidance to airlines who want to take the seats out of idle aircraft and fill them… Read More »
Airbus puts six jets made for AirAsia up for sale as crisis deepens
Airbus has put six jets made for one of its largest customers up for sale after giving up on Malaysia’s… Read More »
Branson says Virgin Atlantic will need UK government help to survive
Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British government, the airline’s founder… Read More »
NASA sets launch date for SpaceX U.S. manned mission to space station
NASA on Friday set a launch date of May 27 for its first astronaut mission from U.S. soil in nearly… Read More »
United Airlines sells 22 planes to Bank of China Aviation
United Airlines will sell and lease back 22 planes to Bank of China (BOC) Aviation, a statement from the aircraft… Read More »
China’s CDB Financial cancels purchase of 29 Boeing 737 MAX jets
China Development Bank (CDB) Financial Leasing said it had agreed with Boeing to cancel the purchase of 29 undelivered 737… Read More »
South African government turns down latest SAA appeal for funds
One of Africa’s oldest airlines moved a step further towards disappearing after the South African government turned down an appeal… Read More »
Etihad Airways details post-COVID-19 recovery plan
The UAE’s Etihad Airways anticipates slowly increasing the number of passenger flights it operates from May 1, as it starts… Read More »
Airfares show declines as airlines brace for tough recovery
Airfares have fallen as much as 30% since the start of the year in North America and Europe, according to… Read More »
Airbus chief calls for government support for shift to lower-emission jets
Airbus CEO Guillaume Faury is proposing a government support program to help airlines convert their fleets to more environmentally friendly… Read More »
Airbus furloughs 3,000 aerospace workers in France
Airbus will furlough some 3,000 French aerospace workers by tapping a government-backed scheme for four weeks starting from Monday, the… Read More »