Cape Air grounds P2012 Travellers pending regulatory review
Cape Air (9K, Hyannis) has voluntarily grounded its fleet of six Tecnam P2012s amid a dispute between US and European… Read More »
Nigeria’s Air Peace recalls sacked pilots after union threat
Air Peace (P4, Lagos) has agreed to recall “some” of over 70 pilots it sacked earlier in August after the… Read More »
easyJet to shutter three UK bases in late 3Q20
easyJet (U2, London Luton) has confirmed the closure of bases at each of London Stansted, London Southend, and Newcastle, GB… Read More »
Wizz Air UK to open Doncaster/Sheffield base in 4Q20
Wizz Air UK (W9, London Luton) will open a new base at Doncaster/Sheffield airport, its second in the United Kingdom, with the onset of… Read More »
Thai carriers demand gov’t aid, Thai AirAsia returns to BKK
Thailand’s ailing low-cost carriers have dispached a follow-up letter to the country’s prime minister, Prayut Chan-o-cha, repeating an earlier appeal… Read More »
Vietnam Airlines finalising $518mn capital injection
Vietnam Airlines (VN, Hanoi) Vietnam Airlines (VN, Hanoi) is finalising procedures on a VND4 trillion dong (USD173 million) government loan… Read More »
Aeroméxico secures $1bn DIP loan from investment firm
Aeroméxico (AM, México City Int’l) has secured USD1 billion in Debtor-In-Possession (DIP) financing – a form of funding for companies… Read More »
Avianca Holdings seeks $1.2bn in fresh DIP financing
Avianca Holdings has outlined its proposed debtor-in-possession (DIP) financing, wherein it aims to raise around USD1.2 billion in fresh capital… Read More »
Auditors refuse to sign off on Thai Airways’ report
Trading in Thai Airways International (TG, Bangkok Suvarnabhumi) shares on the Stock Exchange of Thailand (SET) was suspended between August… Read More »
Second businessman enters race to buy El Al
Real estate tycoon Meir Gurvitz has filed a request with the secretariat of El Al Israel Airlines (LY, Tel Aviv… Read More »
American Airlines eyes second-tier network cuts in 4Q20
American Airlines (AA, Dallas/Fort Worth) is pondering suspending routes to as many as 30 second- and third-tier cities in the… Read More »
Following rapprochement, UAE, Israel target direct flights
The United Arab Emirates (UAE) is eager to develop direct flights to Israel following the normalisation of ties between the… Read More »
Canada’s Flair Airlines ends B737 Classic ops
Flair Airlines (F8, Kelowna) has transitioned to an all-B737-800 fleet following the retirement and subsequent sale of its last four… Read More »
New Zealand carriers restrict ops as lockdown beckons
With New Zealand set to return to lockdown following a string of COVID-19 cases in Auckland earlier this month, Air… Read More »
Transavia France to enter domestic routes
Main pilots’ union SNPL at Transavia France (TO, Paris Orly) has agreed to the launch of the low-cost carrier’s domestic… Read More »
Iraq suspends flights to Turkey shortly after reopening
The Iraq Civil Aviation Authority (ICAA) halted all flights from the country to Turkey on August 3 due to the… Read More »
IndiGo Airlines to raise $535mn through share sale
IndiGo Airlines (6E, Delhi Int’l) has announced in a stock market filing that the Board of Directors of parent holding… Read More »
Australia’s Alliance Airlines raises $83.6mn for new jets
Alliance Airlines (QQ, Brisbane Int’l) has announced it has successfully raised AUD91.9 million Australian dollars (USD63 million) in fresh capital… Read More »
Delta and GOL in talks to delay $300mn loan payment
A deal is expected soon to allow GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) to delay payments related to… Read More »
Nunavut gov’t gives $18.2mn to Canadian North and Calm Air
The Government of Nunavut, the most northern territory of Canada, will give a total of CAD24.64 million Canadian dollars (USD18.2… Read More »
Alaska Airlines could cut up to 3,000 staff
Alaska Air Group could cut up to 3,000 employees, or 13% of its workforce, by 2021 due to reduced demand… Read More »
Finnair details $569mn rights issue, EC okays state role
Finnair (AY, Helsinki Vantaa) has released details of its fully underwritten EUR500 million euro (USD569 million) rights offering, a sum… Read More »
Court stays SA Express liquidation until late 3Q20
South Africa’s High Court in Pretoria has delayed the liquidation proceedings of South African Express (XZ, Johannesburg O.R. Tambo) until… Read More »
Airbus threatens to sue airlines that bail on deliveries
Airbus (AIB, Toulouse Blagnac) is working with its airline customers to adjust terms of deliveries during the COVID-19 pandemic and… Read More »
Emirates, flydubai cut thousands of jobs
Emirates (EK, Dubai Int’l) laid off at least 600 pilots, predominantly first officers certified on the A380-800 type, in a… Read More »
Korean banks to renegotiate HDC’s acquisition of Asiana
The two state-owned banks that have provided KRW3.3 trillion won (USD2.7 billion) to Asiana Airlines (OZ, Seoul Incheon) over the… Read More »