Air France-KLM nears bailout
Air France-KLM is moving towards a 10 billion euro ($10.9 billion) government-backed rescue deal, sources said, after France agreed to… Read More »
United Airlines seeing to raise $1B with massive share sale
United Airlines (UAL) has announced an underwritten public offering of 39.25 million shares of its common stock in a bid… Read More »
Delta reports its first loss in five years as COVID-19 ravages airlines
Delta Air Lines lost $534 million in the first three months of the year, its first quarterly loss in more… Read More »
Ethiopian Airlines plans to dominate the African skies
A member of the Star Alliance, Ethiopian Airlines is well-known as the largest airline in Africa. The flag carrier of… Read More »
LOT Polish Airlines buys German airline Condor
LOT Polish Airline owner, PGL, has pulled out of its purchase of German carrier Condor, after announcing in January that… Read More »
Norwegian Air’s affiliates file for bankruptcy putting Boeing jet orders in question
Norwegian Air Shuttle, a major Boeing customer, saw four affiliates in Denmark and Sweden file for bankruptcy Monday, raising questions… Read More »
Air Baltic is throttling up as most airlines scrap jet orders
Airlines are doing everything they can to scrap or delay jetliner deliveries amid an unprecedented collapse in air travel. Not… Read More »
Virgin Australia airline seeks bankruptcy protection
Virgin Australia, the nation’s second-largest airline, announced Tuesday it had entered voluntary administration, seeking bankruptcy protection after a debt crisis… Read More »