Cruise Ship Leaves Australia After Coronavirus Debacle
The controversial cruise ship that was Australia’s largest single source of coronavirus infections departed from the country on Thursday. According… Read More »
Why Norwegian Air matters to Norway
Norwegian Air, the budget carrier that changed the way people travel across the Atlantic, is fighting for survival as the… Read More »
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 »
Asia-Pacific airlines and airports prepare to resume operations
Airports Council International (ACI) Asia-Pacific has released preliminary traffic data from 18 airports in major aviation markets across the Asia-Pacific… Read More »
GE enters into $15 billion loan agreement
General Electric entered into a revolving credit agreement for $15 billion, according to a regulatory filing on Monday. The current… Read More »
Battered consumer confidence to slow airlines’ recovery
Faltering consumer confidence will slow the recovery of air travel once coronavirus restrictions end, the sector’s main global body IATA… Read More »
United Airlines sells $1 billion of stock
United Airlines Holdings announced a public offering to raise more than $1 billion, the first major airline to sell equity… Read More »
Remaining Passengers Aboard Pacific Princess Disembark in California
The last few hundred passengers who remained aboard the Pacific Princess cruise ship will be able to disembark at the… Read More »
AirAsia plans to restart domestic flights
AirAsia is targeting April 29 as the date it plans to restart domestic flights in Malaysia, followed by Thailand and… Read More »
American Airlines requests service exemptions from U.S. DoT
American Airlines has become the latest carrier to request exemptions to minimum service rules under the CARES Act. The legislation… Read More »
Strong headwinds swirl around AirAsia-Malaysia Airlines merger
Transport experts say a merger of AirAsia and Malaysia Airlines may kill competition and result in a surplus of aircraft…. Read More »
US to resume manned space launches after 9 years
NASA and SpaceX have picked May 27 for resuming astronaut launches from the US after nine years of complete Russian… Read More »
FAA commercial space office completes reorganization
The Federal Aviation Administration (FAA) office responsible for licensing commercial launches and reentries has completed a reorganization announced nearly a… Read More »
China Development Bank and General Electric cancel Boeing 737 MAX order
China Development Bank (CDB) Financial Leasing announced on Monday it had agreed with Boeing to cancel the purchase of 29… Read More »
Dallas-based private jet business grounds planes
California transplant JetSuite saw its business evaporate in late March. JetSuite, a Dallas-based private aviation company, is shutting down operations… Read More »