Air Canada in $1bn share offering, adds to cargo network
Air Canada (AC, Montréal Trudeau) has raised the size of a financing effort revealed last week to around CAD1.4 billion… Read More »
Virgin Australia administrator chooses two final bidders
Deloitte has announced that it has selected two US private investment firms, Bain Capital and Cyrus Capital Partners, as the… Read More »
Scatsta, UK to close in late 2Q20
The closure of Scatsta Airport, initially revealed in early March, has been confirmed to the UK Civil Aviation Authority. It… Read More »
Turkish Airlines looks to defer A350s, mulls freighters
Turkish Airlines (TK, Istanbul New) will take delivery of its first A350-900s which are already under construction but is in… Read More »
India’s Jet Airways receives 11-12 EOIs
The resolution professionals tasked with finding a new investor for Jet Airways (JAI, Mumbai Int’l) have received around a dozen… Read More »
Malta’s Medavia seeks Dash 8, B1900D dry-lease placements
Medavia (5M, Malta Int’l) has mandated Airstream International Group to find dry-lease placements for three of its turboprops currently parked… Read More »
American Airlines CEO dismisses idea of bankruptcy
American Airlines (AA, Dallas/Fort Worth) CEO Doug Parker has rejected the notion that the carrier may consider Chapter 11 bankruptcy… Read More »
China approves 8 countries in charter flights list – report
China is easing its coronavirus pandemic travel restrictions and will allow charter flights from eight countries, but this does not… Read More »
Gov’t launches full investigation into BVI Airways loan
The Government of the British Virgin Islands has launched a “full criminal investigation” into the missing USD7.2 million loaned by… Read More »
Panama firm China Joy files HNA insolvency case
Panama-domiciled firm China Joy Shipping has filed a petition in Hong Kong to liquidate heavily indebted HNA Group, its second… Read More »
Pakistan reopens airports to outbound int’l pax ops
Pakistan has allowed outbound international flights to resume, after the country largely closed its airports to scheduled commercial passenger flights… Read More »
Emirates eyes full utilisation of fleet in Summer 2022
Emirates (EK, Dubai Int’l) is planning to reactivate all of its aircraft by the Summer 2022 season, including its A380-800s,… Read More »
Lenders push to sell RavnAir Group’s aircraft
A consortium of lenders led by BNP Paribas, collectively owed around USD90 million, is pushing to continue with the sale… Read More »
Airports Expecting Crowding Problem Even With Travel Demand Still Low
It seems ironic, at best, and oxymoronic, at worst. The demand for air travel is still quite low in the… Read More »
Godspeed, Mad Dog: McDonnell Douglas Planes Fly for Final Time
Ladies and gentlemen, the McDonnell Douglas aircraft have left the air. Thank you. Yeah, they were as iconic as Elvis… Read More »
Airlines for America Applauds New Framework for Changes to Aviation Industry
Airlines for America (A4A) officials applauded the recent recommendations for the safe, sustainable and secure restart and recovery of global air travel… Read More »
American Airlines to End Presence at Oakland International Airport
American Airlines is dropping its service at Oakland International Airport in northern California, citing a lack of profits and the… Read More »
Flight Attendant Unknowingly Engages in Heartfelt Racism Conversation with Airline CEO
Racism is an uncomfortable topic to talk about, especially following the murder of George Floyd, but the CEO of American… Read More »
Las Ventanas al Paraiso to Reopen July 1
On July 1, Las Ventanas al Paraiso, A Rosewood Resort will begin welcoming back guests with an arsenal of safety… Read More »
What Will It Take for All-Inclusives to Recover After COVID-19?
Everyone is talking about the “new normal,” and the global hospitality industry, having been decimated by the pandemic, is doing… Read More »
Couples Resorts to Reopen July 1
Couples Resorts has announced that all four of its all-inclusive resorts in Ocho Rios and Negril, Jamaica will reopen on… Read More »
P&O Cruises Extends Sailing Suspension Through October
British-headquartered P&O Cruises today announced its extension of paused operations, canceling all of its scheduled sailings through mid-October. In the interim, the… Read More »