Biman Bangladesh resorts to charters as demand plunges
Biman Bangladesh Airlines (BG, Dhaka) has begun offering charter flights to six domestic destinations as it seeks a way to… Read More »
Korean Air to receive another $840mn, sell land – reports
South Korea will give KRW1 trillion won (USD840 million) of its KRW40 trillion (USD33.6 billion) long-term industry stabilisation fund to… Read More »
Air Malta to resume ops from early 3Q20 as airport reopens
Air Malta (KM, Malta Int’l) will resume scheduled commercial passenger flights from July 1 as Malta Int’l reopens as part… Read More »
Belgium’s Air Antwerp to remain grounded through late 3Q20
Air Antwerp (WP, Antwerp) has announced that it will remain grounded through the end of August 2020 and will resume… Read More »
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 »