Vietnam Airlines finalising $518mn capital injection
Vietnam Airlines (VN, Hanoi) Vietnam Airlines (VN, Hanoi) is finalising procedures on a VND4 trillion dong (USD173 million) government loan… Read More »
Aeroméxico secures $1bn DIP loan from investment firm
Aeroméxico (AM, México City Int’l) has secured USD1 billion in Debtor-In-Possession (DIP) financing – a form of funding for companies… Read More »
Avianca Holdings seeks $1.2bn in fresh DIP financing
Avianca Holdings has outlined its proposed debtor-in-possession (DIP) financing, wherein it aims to raise around USD1.2 billion in fresh capital… Read More »
Auditors refuse to sign off on Thai Airways’ report
Trading in Thai Airways International (TG, Bangkok Suvarnabhumi) shares on the Stock Exchange of Thailand (SET) was suspended between August… Read More »
Second businessman enters race to buy El Al
Real estate tycoon Meir Gurvitz has filed a request with the secretariat of El Al Israel Airlines (LY, Tel Aviv… Read More »
American Airlines eyes second-tier network cuts in 4Q20
American Airlines (AA, Dallas/Fort Worth) is pondering suspending routes to as many as 30 second- and third-tier cities in the… Read More »
Nashville Airport Launches Touchless Biometric ID Tech at Security
Last week, on August 12, Nashville International Airport became the first in Tennessee and thirty-fifth in the nation to debut ‘Clear’ biometric identity scanners,… Read More »
Blue Ribbon Bags Stamps Partnership With MakeMyTrip
Blue Ribbon Bags (BRB), one of the fastest-growing ancillary services in the travel market and world leader in delayed luggage… Read More »
Choice Hotels’ Midscale, Upper-Midscale Brands Outpace Industry In 2020’s First Half
Known for their segment leadership, all of Choice Hotels International, Inc.’s popular select service midscale and upper-midscale brands saw material year-over-year… Read More »
Hilton Announces Character Representing New Customer Service Chatbot
Hilton announced the winners of a recent competition to design a cartoon character to represent its newly launched AI customer… Read More »
MGM Resorts Reveals Reopening Date for The Mirage
MGM Resorts International will reopen The Mirage on the Las Vegas Strip on August 27, just in time for Labor… Read More »
Following rapprochement, UAE, Israel target direct flights
The United Arab Emirates (UAE) is eager to develop direct flights to Israel following the normalisation of ties between the… Read More »
Canada’s Flair Airlines ends B737 Classic ops
Flair Airlines (F8, Kelowna) has transitioned to an all-B737-800 fleet following the retirement and subsequent sale of its last four… Read More »
New Zealand carriers restrict ops as lockdown beckons
With New Zealand set to return to lockdown following a string of COVID-19 cases in Auckland earlier this month, Air… Read More »
Transavia France to enter domestic routes
Main pilots’ union SNPL at Transavia France (TO, Paris Orly) has agreed to the launch of the low-cost carrier’s domestic… Read More »
Iraq suspends flights to Turkey shortly after reopening
The Iraq Civil Aviation Authority (ICAA) halted all flights from the country to Turkey on August 3 due to the… Read More »
IndiGo Airlines to raise $535mn through share sale
IndiGo Airlines (6E, Delhi Int’l) has announced in a stock market filing that the Board of Directors of parent holding… Read More »