Lufthansa’s supervisory board approves bailout
Lufthansa’s Supervisory Board has accepted the revised terms of a proposed EUR9 billion euro (USD9.9 billion) bailout although the funding… Read More »
EasyJet still in talks with Swiss gov’t over aid
easyJet Europe (EC, Vienna) chief executive officer Thomas Haagensen has expressed disappointment that easyJet Switzerland (DS, Geneva) has not received… Read More »
Florida’s Eastern Airlines adds first Boeing 777
Eastern Airlines (2D, Miami Int’l) is in the process of adding its first B777-200(ER) in the form of N771KW (msn… Read More »
South African Airways seeks to return 19 leased aircraft
South African Airways (SA, Johannesburg O.R. Tambo) is planning to return 19 out of its 40 dry-leased aircraft and is renegotiating the… Read More »
Air Canada in $1bn share offering, adds to cargo network
Air Canada (AC, Montréal Trudeau) has raised the size of a financing effort revealed last week to around CAD1.4 billion… Read More »
Virgin Australia administrator chooses two final bidders
Deloitte has announced that it has selected two US private investment firms, Bain Capital and Cyrus Capital Partners, as the… Read More »
Scatsta, UK to close in late 2Q20
The closure of Scatsta Airport, initially revealed in early March, has been confirmed to the UK Civil Aviation Authority. It… Read More »
Turkish Airlines looks to defer A350s, mulls freighters
Turkish Airlines (TK, Istanbul New) will take delivery of its first A350-900s which are already under construction but is in… Read More »
India’s Jet Airways receives 11-12 EOIs
The resolution professionals tasked with finding a new investor for Jet Airways (JAI, Mumbai Int’l) have received around a dozen… Read More »
Malta’s Medavia seeks Dash 8, B1900D dry-lease placements
Medavia (5M, Malta Int’l) has mandated Airstream International Group to find dry-lease placements for three of its turboprops currently parked… Read More »
American Airlines CEO dismisses idea of bankruptcy
American Airlines (AA, Dallas/Fort Worth) CEO Doug Parker has rejected the notion that the carrier may consider Chapter 11 bankruptcy… Read More »
China approves 8 countries in charter flights list – report
China is easing its coronavirus pandemic travel restrictions and will allow charter flights from eight countries, but this does not… Read More »