Loss prompts Lufthansa to consider sale of non-core units
Lufthansa (LH, Frankfurt Int’l) posted a EUR1.2 billion euro (USD1.35 billion) loss for the first quarter of 2020, prompting it… Read More »
Wizz Air eyes Lufthansa’s Frankfurt slots with lower fees
Wizz Air (W6, Budapest) is, in principle, interested in taking over slots at Frankfurt Int’l which Lufthansa (LH, Frankfurt Int’l)… Read More »
Brazil’s Gol, LATAM to cut workforce, hours
Brazil’s GOL Linhas Aéreas Inteligentes (G3, Sao Paulo Congonhas) is cutting staff wages and hours by up to half and… Read More »
Singapore Airlines secures $7.2bn in liquidity
Singapore Airlines (SQ, Singapore Changi) has raised a total of SGD10.2 billion Singapore dollars (USD7.3 billion) in liquidity through a… Read More »
Hong Kong gov’t set to take Cathay Pacific stake
The Government of Hong Kong is set to take a 6% stake in Cathay Pacific (CX, Hong Kong Int’l) as… Read More »
French court mulls manslaughter charges over Yemenia crash
French prosecutors are looking to take Yemenia (IY, Aden) to trial over the 2009 crash of an A310-300 that killed… Read More »
Namibian president advocates for Air Namibia liquidation
Namibian President Hage Geingob has said that Air Namibia (SW, Windhoek Int’l) should be liquidated since it is not making… Read More »
Virgin Group may pay $35-70mn to keep Virgin Australia stake
Richard Branson’s Virgin Group wants to invest between AUD50 and 100 million Australian dollars (USD35-70 million) in insolvent Virgin Australia… Read More »