Korea’s Eastar Jet to slash staff numbers to lure investor
Eastar Jet (ZE, Seoul Gimpo) revealed on October 13 that it would have to lay off more than half of… Read More »
SpiceJet faces $33mn court order plus BOC lease claim
SpiceJet (SG, Delhi Int’l) has had to confront several legal issues on top of problems such as ongoing financial losses,… Read More »
Qatar Airways seals Airbus deferral, warns Boeing to do same
Qatar Airways Group has agreed with Airbus to defer the delivery of aircraft amid the ongoing air travel slump, but… Read More »
Copa Airlines plans ‘mini-hub’ from mid-August
Copa Airlines has been granted permission to resume flights over the coming weeks, initially serving about 10 destinations from its… Read More »
Southwest cites ‘abrupt’ demand drop, slows capacity growth
Carrier reports July load factors in the 40-45% range. A sudden reversal in incrementally positive demand trends will force Southwest Airlines to… 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 »
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 »
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 »