Brazil’s Azul receives loan proposal but may reject it
Azul Linhas Aéreas Brasileiras (AD, Sao Paulo Viracopos) has received a funding proposal from the state-owned Brazilian Development Bank (BNDES)… Read More »
El Al holds share offering, one potential buyer exits
El Al Israel Airlines (LY, Tel Aviv Ben Gurion) announced on September 15 that it would stage a government-mandated USD150… Read More »
Further snags for Kenya Airways’ nationalisation plan
The renationalisation of Kenya Airways (KQ, Nairobi Jomo Kenyatta) has been put on ice to allow for a fresh round… Read More »
European Commission to extend slot waiver for Winter 2020/21
The European Commission has agreed to extend the waiver of “use it or lose it” slot rules in the European… Read More »
Pilots hit hard by Turkish Airlines wage cuts
Pilots at Turkish Airlines (TK, Istanbul New) will see their wages halved until end-2021 following an agreement between the airline… Read More »
Sri Lankan gov’t waives fees for Hambantota, Ratmalana
Sri Lanka’s Minister of Tourism, Prasanna Ranatunga, decreed on September 8, 2020, that all landing and parking charges at Hambantota… Read More »
Tour operator accuses Maldivian of stealing cargo payment
The Inner Maldives travel agency has accused Maldivian (Q2, Malé) of theft after the flag carrier allegedly double charged it… Read More »
Greenpeace threatens lawsuit if gov’t not tougher on KLM
If the Dutch government fails to include stricter environmental targets in its EUR3.4 billion euro (USD4 billion) bailout of KLM… Read More »