Malaysia Airlines parent wins court backing on restructuring
Malaysia Airlines (MH, Kuala Lumpur Int’l) parent Malaysia Aviation Group has obtained court approval in the United Kingdom to proceed… Read More »
American Airlines receives another $3.1bn in payroll support
American Airlines Group has secured at least USD3.09 billion from the US Treasury as part of the government’s Payroll Support… Read More »
Norwegian wins gov’t backing for plan – with conditions
Norway’s government has announced that it supports Norwegian’s new rescue plan to avoid bankruptcy, a change from its position adopted… Read More »
Bulgaria Air parent to issue $9.3mn bond; announces Dubai
Bulgarian Airways Group, the owner of flag carrier Bulgaria Air (FB, Sofia), announced in a stock exchange filing on January… Read More »
FedEx announces 6,300 lay-offs, dual-hub in Europe
FedEx Express (FX, Memphis Int’l) plans to lay-off up to 6,300 employees in Europe as it nears the completion of… Read More »
FAA confirms slot waiver extension over LCC objections
The US Federal Aviation Administration (FAA) confirmed its tentative proposal to extend a slot usage waiver at seven airports across… Read More »
Thai Airways pockets $90mn from sale of fuel supplier stake
Thai Airways International (TG, Bangkok Suvarnabhumi) has announced in a stock market filing that it sold a 15.5% stake in… Read More »
Transport Canada lifts MAX ban, mandates extra changes
Transport Canada has issued an Airworthiness Directive ungrounding the B737-8 but subject to design and software changes that go beyond… Read More »