PIA offers $78mn voluntary separation scheme to 3,200 staff
PIA – Pakistan International Airlines (PK, Islamabad Quaid-e-Azam Int’l) will introduce a voluntary separation scheme to cut down its excessive… Read More »
Traffic demand low despite Jordan’s reopening
Travel demand at Jordan’s Amman Queen Alia Airport has remained low since it reopened to international commercial traffic earlier this… Read More »
RwandAir looking to leverage air cargo trends
On the back of rising demand for air cargo services, RwandAir (WB, Kigali) is looking to partner Qatar Airways (QR,… Read More »
Air Namibia in bailout talks
Air Namibia (SW, Windhoek Int’l) is negotiating a state bailout, but has declined to confirm details of a rescue plan reportedly requiring… Read More »
US court approves LATAM’s revised financing plan
The US Bankruptcy Court for the Southern District of New York has approved a revised debtor in possession (DIP) financing… Read More »
RwandAir axes A330neo, B737 MAX leases
RwandAir (WB, Kigali) has confirmed it has cancelled leases for two A330-900Ns and two B737-8s amid protracted delays in their… Read More »
US court rejects LATAM’s $2.45bn financing deal
The US Bankruptcy Court for the Southern District of New York has rejected USD2.45 billion debtor-in-possession (DIP) financing secured by… Read More »
IAG announces €2.74bn capital increase amid poor bookings
IAG International Airlines Group has announced a fully underwritten capital increase to raise EUR2.741 billion euros (USD3.24 billion) to bolster… Read More »