Government considering Myanmar National Airlines bailout
Myanmar’s government is considering granting a USD22 million dollar loan to indebted Myanmar National Airlines (UB, Yangon). This is according… Read More »
Air New Zealand CEO warns of $97mn more wage cuts
Air New Zealand (NZ, Auckland Int’l) CEO Greg Foran has told employees that they should brace themselves for further job… Read More »
Royal Canadian Air Force orders two Challenger 650s
Royal Canadian Air Force (CFC, Trenton, ON) has announced its choice of the Bombardier Challenger 650 as a replacement for… Read More »
Nauru Airlines receives $1.67mn cash injection
The Government of Nauru says it has provided a USD1.68 million cash injection to Nauru Airlines (ON, Nauru), primarily to… Read More »
Austrian secures €600mn bailout, eyes long-haul restart
Austrian Airlines (OS, Vienna) has secured a EUR600 million euro (USD678 million) bailout package backed by the Austrian government, commercial… Read More »
Loss prompts Lufthansa to consider sale of non-core units
Lufthansa (LH, Frankfurt Int’l) posted a EUR1.2 billion euro (USD1.35 billion) loss for the first quarter of 2020, prompting it… Read More »
Wizz Air eyes Lufthansa’s Frankfurt slots with lower fees
Wizz Air (W6, Budapest) is, in principle, interested in taking over slots at Frankfurt Int’l which Lufthansa (LH, Frankfurt Int’l)… Read More »
Brazil’s Gol, LATAM to cut workforce, hours
Brazil’s GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) is cutting staff wages and hours by up to half and… Read More »
Singapore Airlines secures $7.2bn in liquidity
Singapore Airlines (SQ, Singapore Changi) has raised a total of SGD10.2 billion Singapore dollars (USD7.3 billion) in liquidity through a… Read More »
Hong Kong gov’t set to take Cathay Pacific stake
The Government of Hong Kong is set to take a 6% stake in Cathay Pacific (CX, Hong Kong Int’l) as… Read More »
French court mulls manslaughter charges over Yemenia crash
French prosecutors are looking to take Yemenia (IY, Aden) to trial over the 2009 crash of an A310-300 that killed… Read More »
Namibian president advocates for Air Namibia liquidation
Namibian President Hage Geingob has said that Air Namibia (SW, Windhoek Int’l) should be liquidated since it is not making… Read More »
Virgin Group may pay $35-70mn to keep Virgin Australia stake
Richard Branson’s Virgin Group wants to invest between AUD50 and 100 million Australian dollars (USD35-70 million) in insolvent Virgin Australia… Read More »
EU questions Alitalia nationalisation plan
Italy will have to review its plan to nationalise and relaunch Alitalia (AZ, Rome Fiumicino) as a leaner airline if… Read More »
Amazon to add a further 12 B767-300(F)s from ATSG
Amazon.com has expanded its existing air transportation services agreement with Cargo Aircraft Management, a subsidiary of Air Transport Services Group,… Read More »
AirAsia confirms talks with investors amid SK Group interest
AirAsia Group has confirmed it is studying various proposals for capital injections to strengthen its equity base and improve its… Read More »
Emirates eyes closer ties with flydubai
Emirates (EK, Dubai Int’l) is planning to increase cooperation with its sister carrier flydubai (FZ, Dubai Int’l) in the post-COVID… Read More »
Garuda Indonesia attains approval to delay $500mn sukuk
Garuda Indonesia (GA, Jakarta Soekarno-Hatta) has secured 90% approval to restructure its sukuk bond obligations, a vital step towards improving… Read More »
UAE greenlights resumption of full hub ops at three airports
The UAE’s National Emergency Crisis and Disasters Management Authority (NECADMA) has given its consent to the resumption of largescale hub… Read More »
Romania’s Animawings secures first aircraft, an A320
Animawings (AWG, Bucharest Otopeni) has taken delivery of its first aircraft, A320-200 SX-DGI (msn 3162), as part of its certification… Read More »
Hawaii’s Makani Kai Air, Mokulele Airlines announce merger
Makani Kai Air (Honolulu) and Mokulele Airlines (MW, Kona) have announced they will merge their operations and operate under the… Read More »
MPs propose taking away BA’s Heathrow slots over job cuts
A number of British Members of Parliament, including the chairman of the Transport Select Committee, Huw Merriman, have called for… Read More »