Stockholm Bromma, Sweden can be allowed to close – operator
Stockholm Bromma operator Swedavia has told Sweden’s Ministry of Enterprise and Innovation that continuing operations at the secondary airport “are… Read More »
Delta to back $6.5bn bonds and loans with loyalty scheme
Delta Air Lines (DL, Atlanta Hartsfield Jackson) will try to raise USD6.5 billion through bonds and a new loan facility… Read More »
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 »