Nigeria’s Arik Air resumes flights after truce with unions
Nigeria’s Arik Air (W3, Lagos), currently in receivership, has announced the resumption of normal flight operations after resolving what it… Read More »
Draft plan moots $2.4bn for TAP, thousands of job cuts
TAP Air Portugal (TP, Lisbon) may receive an additional EUR2 billion euro (USD2.4 billion) in public or state-guaranteed loans until… Read More »
UK’s Virgin Atlantic inks B787-9 sale/lease-back deal
Virgin Atlantic (VS, London Heathrow) will sell and leaseback two of its B787-9s to raise a “cash enhancement” of up… Read More »
Air Macau shareholders Air China, SAR approve cash injection
As anticipated, Air Macau (NX, Macau Int’l) shareholders have approved a capital increase via cash injection to mitigate the coronavirus… Read More »
LIAT receives St. Kitts debt reprieve
The Government of St. Kitts and Nevis has written off more than XCD11 million East Caribbean dollars (USD4 million) in… Read More »
Vistara, Singapore Airlines deepen ties; watchdog probes
Vistara (UK, Delhi Int’l) and its 49% owner Singapore Airlines (SQ, Singapore Changi) have signed a Commercial Cooperation Framework Agreement… Read More »
Canada’s aid package omits major carriers
The National Airlines Council of Canada has criticised the omission of federal aid to the country’s major airlines from the… Read More »
SAS works on further financing solutions, optimises fleet
As it looks for further financing and reworks its fleet to fit depleted demand, SAS Scandinavian Airlines (SK, Copenhagen Kastrup)… Read More »
BA, Air Canada settle cartel claim with Deutsche Bahn
British Airways, Air Canada, and Deutsche Bahn (DB), the German rail operator, have reached an out-of-court settlement in a longstanding… Read More »
Brazil’s GOL first carrier to resume B737 MAX ops
GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) is set to become the first B737 MAX customer to return the… Read More »
Paris to sink €4-5bn in AF-KLM and double stake – report
The French government, which currently holds a 14.3% shareholding in Air France-KLM, will double its stake by injecting an additional… Read More »
Israeli gov’t prepared to upgrade aid to El Al – report
Israel’s Ministry of Finance will improve the state aid it has promised to El Al Israel Airlines (LY, Tel Aviv… Read More »
France’s HOP! to become all Embraer operator
HOP! (A5, Paris Orly) is to become an all-Embraer carrier and be re-integrated into the Air France (AF, Paris CDG)… Read More »
Tajikistan’s Somon Air doubles B737 MAX plans
Somon Air (SZ, Dushanbe) has boosted its fleet renewal plans and intends to add two, rather than one, B737-8s, Chief… Read More »
Israel’s El Al inks cooperation MOU with Gulf Air
Following on from the normalisation of ties between Israel and Bahrain, El Al Israel Airlines (LY, Tel Aviv Ben Gurion)… Read More »
Norway’s Flyr start-up reveals credo and chief executive
The new Norwegian start-up carrier spearheaded by businessman Erik Gunnar Braathen has been given the name Flyr (Oslo Gardermoen) and… Read More »
Norwegian seeks creditor protection in Norway
Norwegian (DY, Oslo Gardermoen) has filed for bankruptcy protection in Norway after applications for examinership in Ireland by its Norwegian… Read More »
Turkey’s Pegasus Airlines to raise $320mn in debt issuance
Pegasus Airlines (PC, Istanbul Sabiha Gökcen) is set to issue debt securities worth up to TRY2.5 billion lira (USD320.6 million)… Read More »
Ryanair to open Treviso base in 2Q21, closes Vienna at YE20
Ryanair (FR, Dublin Int’l) will deploy two B737-800s to Venice Treviso Sant Angelo Airport to cover an anticipated surge in… Read More »
Greece’s Aegean Airlines to open three new bases in 2Q21
Aegean Airlines (A3, Athens Int’l) will open bases in Mykonos, Kerkyra, and Santorini during the Summer 2021 season. In a… Read More »
Viet Nam’s Vietravel Airlines adds first aircraft, an A321
Vietravel Airlines (Hue Phu Bai Int’l) took delivery of its first aircraft, an A321-200, following the arrival of VN-A278 (msn… Read More »
India’s Jet Airways looks to regain slots, traffic rights
The new owners of Jet Airways (JAI, Mumbai Int’l) have started talks with Indian regulators about regaining access to airport… Read More »