Nigeria’s Air Peace recalls sacked pilots after union threat
Air Peace (P4, Lagos) has agreed to recall “some” of over 70 pilots it sacked earlier in August after the… Read More »
easyJet to shutter three UK bases in late 3Q20
easyJet (U2, London Luton) has confirmed the closure of bases at each of London Stansted, London Southend, and Newcastle, GB… Read More »
Wizz Air UK to open Doncaster/Sheffield base in 4Q20
Wizz Air UK (W9, London Luton) will open a new base at Doncaster/Sheffield airport, its second in the United Kingdom, with the onset of… Read More »
Thai carriers demand gov’t aid, Thai AirAsia returns to BKK
Thailand’s ailing low-cost carriers have dispached a follow-up letter to the country’s prime minister, Prayut Chan-o-cha, repeating an earlier appeal… Read More »
Vietnam Airlines finalising $518mn capital injection
Vietnam Airlines (VN, Hanoi) Vietnam Airlines (VN, Hanoi) is finalising procedures on a VND4 trillion dong (USD173 million) government loan… Read More »
Aeroméxico secures $1bn DIP loan from investment firm
Aeroméxico (AM, México City Int’l) has secured USD1 billion in Debtor-In-Possession (DIP) financing – a form of funding for companies… Read More »
Avianca Holdings seeks $1.2bn in fresh DIP financing
Avianca Holdings has outlined its proposed debtor-in-possession (DIP) financing, wherein it aims to raise around USD1.2 billion in fresh capital… Read More »
Auditors refuse to sign off on Thai Airways’ report
Trading in Thai Airways International (TG, Bangkok Suvarnabhumi) shares on the Stock Exchange of Thailand (SET) was suspended between August… Read More »