Philippine Airlines defers deliveries, gets cash from owner
Philippine Airlines (PR, Manila Ninoy Aquino Int’l) has disclosed in its half-yearly financial report that it has deferred aircraft deliveries… Read More »
South African Airways attracts four investment proposals
South Africa has so far received four promising proposals for South African Airways (SA, Johannesburg O.R. Tambo), Department of Public… Read More »
Russia “expands geography” of subsidised flights
Russia has “expanded the geography” of domestic passenger flights subsidised by the national budget, a statement posted on the website… Read More »
Brazilian police arrest Efromovich brothers over bribery
Brazilian police have arrested and detained Germán Efromovich and his younger brother José over allegations the two were involved in… Read More »
Sweden rejects Norwegian funding, EC blesses SAS refinancing
Sweden’s National Debt Office has rejected a request by Norwegian (DY, Oslo Gardermoen) for a state-guaranteed loan, it announced in… Read More »
Lufthansa inks “short-term” cost-cutting deal with pilots
Lufthansa (LH, Frankfurt Int’l) concluded a “short-term agreement” with pilots on August 19 on a package of “initial” cost-cutting measures… Read More »
El Al attracts third potential buyer, extends ops suspension
A third potential buyer has sought a permit to acquire control of El Al Israel Airlines (LY, Tel Aviv Ben… Read More »
Chile’s Aerovias DAP adds first freighter
Aerovías DAP (V5, Punta Arenas) has added its first dedicated freighter, BAe 146-200(QT) N16TA (msn E2089), Skyliner-Aviation has reported. The… Read More »
Nigeria, Ghana to restart international flights
Scheduled international flights from Nigeria will restart on August 29, Nigerian Aviation Minister Hadi Sirika has said. “Glad to announce… Read More »
Calls for inquiry as Fiji Airways nets $215mn gov’t funding
Fiji Airways (FJ, Nadi) has had to turn to taxpayers for FJD455 million Fijian dollars (USD215 million) in assistance, of… Read More »
easyJet raises $771mn in sale/lease-backs, eyes more funding
easyJet (U2, London Luton) has said it “will continue to review its liquidity position on a regular basis and will… Read More »
Brussels backs €133mn state aid for Portugal’s Grupo SATA
The European Commission has approved EUR133 million euros (USD157 million) in Portuguese state aid to bolster the liquidity of SATA… Read More »
Wizz Air to open London Gatwick base in 4Q20
Wizz Air (W6, Budapest) has announced that its British subsidiary Wizz Air UK (W9, London Luton) will open a new… Read More »
Reykjavik approves $120mn Icelandair loan, share offer moved
The Icelandic government approved on August 18, along with state-run banks Íslandsbanki and Landsbankinn, a government-guaranteed credit facility to Icelandair… Read More »
Iberia ends A340 operations, BA starts B747 part-outs
Iberia (IB, Madrid Barajas) has completed the phase-out of its only quadjet type, the A340-600. The Spanish airline said that… Read More »
EU rejects PIA appeal, extends flight ban to YE20
The European Union Aviation Safety Agency (EASA) has rejected an appeal by PIA – Pakistan International Airlines (PK, Islamabad Quaid-e-Azam… Read More »
British Airways warns of extended Gatwick terminal closure
The London Gatwick airport management warned its staff during an internal townhall meeting that its South Terminal is likely to… Read More »
UK’s Jet2 confirms 102 pilot job losses
Jet2 (LS, Leeds/Bradford) has confirmed a plan to make 102 pilots redundant across most of its bases, the British Airline… Read More »
Germany greenlights $1.66bn loan to Swiss and Edelweiss
The German government has cleared a CHF1.5 billion Swiss franc (USD1.66 billion) state-backed loan to Swiss (LX, Zurich) and its… Read More »
German tour operators cancel Spanish packages
Leading German tour operators TUI Group and DER Touristik suspended all departures to mainland Spain and the Balearic Islands following… Read More »
Biman Bangladesh suspends freighter plans; delays Dash 8s
Biman Bangladesh Airlines (BG, Dhaka) has suspended its plan to add two dedicated freighters as the financial impact of the… Read More »
Japan’s ANA Holdings in talks to raise $4.7bn in capital
ANA – All Nippon Airways (NH, Tokyo Haneda) parent ANA Holdings is in talks with several banks, including the government-run… Read More »