Australia’s Alliance Airlines raises $83.6mn for new jets
Alliance Airlines (QQ, Brisbane Int’l) has announced it has successfully raised AUD91.9 million Australian dollars (USD63 million) in fresh capital… Read More »
Delta and GOL in talks to delay $300mn loan payment
A deal is expected soon to allow GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) to delay payments related to… Read More »
Nunavut gov’t gives $18.2mn to Canadian North and Calm Air
The Government of Nunavut, the most northern territory of Canada, will give a total of CAD24.64 million Canadian dollars (USD18.2… Read More »
Alaska Airlines could cut up to 3,000 staff
Alaska Air Group could cut up to 3,000 employees, or 13% of its workforce, by 2021 due to reduced demand… Read More »
Finnair details $569mn rights issue, EC okays state role
Finnair (AY, Helsinki Vantaa) has released details of its fully underwritten EUR500 million euro (USD569 million) rights offering, a sum… Read More »
Court stays SA Express liquidation until late 3Q20
South Africa’s High Court in Pretoria has delayed the liquidation proceedings of South African Express (XZ, Johannesburg O.R. Tambo) until… Read More »
Airbus threatens to sue airlines that bail on deliveries
Airbus (AIB, Toulouse Blagnac) is working with its airline customers to adjust terms of deliveries during the COVID-19 pandemic and… Read More »
Emirates, flydubai cut thousands of jobs
Emirates (EK, Dubai Int’l) laid off at least 600 pilots, predominantly first officers certified on the A380-800 type, in a… Read More »