Lufthansa’s supervisory board approves bailout
Lufthansa’s Supervisory Board has accepted the revised terms of a proposed EUR9 billion euro (USD9.9 billion) bailout although the funding… Read More »
EasyJet still in talks with Swiss gov’t over aid
easyJet Europe (EC, Vienna) chief executive officer Thomas Haagensen has expressed disappointment that easyJet Switzerland (DS, Geneva) has not received… Read More »
Florida’s Eastern Airlines adds first Boeing 777
Eastern Airlines (2D, Miami Int’l) is in the process of adding its first B777-200(ER) in the form of N771KW (msn… Read More »
South African Airways seeks to return 19 leased aircraft
South African Airways (SA, Johannesburg O.R. Tambo) is planning to return 19 out of its 40 dry-leased aircraft and is renegotiating the… Read More »
Air Canada in $1bn share offering, adds to cargo network
Air Canada (AC, Montréal Trudeau) has raised the size of a financing effort revealed last week to around CAD1.4 billion… Read More »
Virgin Australia administrator chooses two final bidders
Deloitte has announced that it has selected two US private investment firms, Bain Capital and Cyrus Capital Partners, as the… Read More »
Scatsta, UK to close in late 2Q20
The closure of Scatsta Airport, initially revealed in early March, has been confirmed to the UK Civil Aviation Authority. It… Read More »
Turkish Airlines looks to defer A350s, mulls freighters
Turkish Airlines (TK, Istanbul New) will take delivery of its first A350-900s which are already under construction but is in… Read More »
India’s Jet Airways receives 11-12 EOIs
The resolution professionals tasked with finding a new investor for Jet Airways (JAI, Mumbai Int’l) have received around a dozen… Read More »
Malta’s Medavia seeks Dash 8, B1900D dry-lease placements
Medavia (5M, Malta Int’l) has mandated Airstream International Group to find dry-lease placements for three of its turboprops currently parked… Read More »
American Airlines CEO dismisses idea of bankruptcy
American Airlines (AA, Dallas/Fort Worth) CEO Doug Parker has rejected the notion that the carrier may consider Chapter 11 bankruptcy… Read More »
China approves 8 countries in charter flights list – report
China is easing its coronavirus pandemic travel restrictions and will allow charter flights from eight countries, but this does not… Read More »
Gov’t launches full investigation into BVI Airways loan
The Government of the British Virgin Islands has launched a “full criminal investigation” into the missing USD7.2 million loaned by… Read More »
Panama firm China Joy files HNA insolvency case
Panama-domiciled firm China Joy Shipping has filed a petition in Hong Kong to liquidate heavily indebted HNA Group, its second… Read More »
Pakistan reopens airports to outbound int’l pax ops
Pakistan has allowed outbound international flights to resume, after the country largely closed its airports to scheduled commercial passenger flights… Read More »
Emirates eyes full utilisation of fleet in Summer 2022
Emirates (EK, Dubai Int’l) is planning to reactivate all of its aircraft by the Summer 2022 season, including its A380-800s,… Read More »
Lenders push to sell RavnAir Group’s aircraft
A consortium of lenders led by BNP Paribas, collectively owed around USD90 million, is pushing to continue with the sale… Read More »
What Will It Take for All-Inclusives to Recover After COVID-19?
Everyone is talking about the “new normal,” and the global hospitality industry, having been decimated by the pandemic, is doing… Read More »
South Africa allows limited domestic flights from late 2Q20
South Africa is allowing domestic air travel for business purposes from June 1, but not all carriers are providing capacity… Read More »
Mitsubishi closes acquisition of Bombardier’s CRJ line
Mitsubishi Heavy Industries (MHI) has taken formal ownership of the CRJ Regional Jet line from Bombardier Aerospace (BBA, Montréal Trudeau)… Read More »
Draft South African Airways rescue plan proposes new airline
A draft business rescue plan for embattled national carrier South African Airways (SA, Johannesburg O.R. Tambo) would see the government… Read More »
Air Kiribati resume flight ops after brief downtime
Air Kiribati (IK, Tarawa) has resumed flight operations following a 17-day suspension brought on by a lack of serviceable aircraft…. Read More »
Greek gov’t unveils €115mn in support for airline industry
The Greek government has announced a EUR115 million euro (USD127.65 million) aid package for the tourism-dependent country’s ailing aviation industry…. Read More »
Air Algérie converts an A330 into a makeshift freighter
Air Algérie (AH, Algiers) has announced that it has converted one of its eight A330-200s into a makeshift cargo carrier…. Read More »
India’s SpiceJet adds makeshift Q400 freighters
SpiceJet (SG, Delhi Int’l) has converted three of its thirty-two Dash 8-400s to makeshift freighters to respond to increased demand… Read More »
Thai AirAsia mulls merger with rival LCCs
Thai AirAsia (FD, Bangkok Don Mueang) has initiated talks with rival low-cost carriers about a potential merger given the havoc… Read More »