Korean Air injects $950mn into Los Angeles hotel affiliate
Korean Air (KE, Seoul Incheon) has revealed details of a September 16 board meeting in which it agreed to inject… Read More »
Ohio’s Ultimate Air Shuttle suspends ops through 1H21
Ultimate Air Shuttle (UE, Cincinnati Lunken) has announced the suspension of all scheduled flights through spring 2021 due to an… Read More »
Virgin Australia eyes resumption of widebody operations
Just months after retiring all of its widebody aircraft as a part of its voluntary administration proceedings, Virgin Australia (VA,… Read More »
US court approves LATAM’s revised financing plan
The US Bankruptcy Court for the Southern District of New York has approved a revised debtor in possession (DIP) financing… Read More »
Southwest grounds 115 B737-800s over weight disrepancy
Southwest Airlines (WN, Dallas Love Field) said on September 16 that it grounded 130 B737-800s – later revising the number… Read More »
Controversy over South African gov’t bailout to save SAA
In a controversial last minute move to ward off the liquidation of South African Airways (SA, Johannesburg O.R. Tambo), the… Read More »
Australia’s Qantas seeks cheaper premises to cut costs
Qantas (QF, Sydney Kingsford Smith) is considering moving its offices and aviation facilities within Australia and has invited expressions of… Read More »
El Al to resume ops, offering nets $148m, Rosenberg buys 43%
As expected, El Al Israel Airlines (LY, Tel Aviv Ben Gurion) raised ILS505 million shekels (USD148 million) in its share… Read More »