Cash-strapped Air Namibia slashes wages
Almost half of Air Namibia’s 800 employees have had their salaries slashed in half as the airline battles a revenue… Read More »
Malaysia Airlines warns lessors about critical restructuring
As news emerged that Malaysia Aviation Group had told lessors it was unlikely to make payments after November unless it… Read More »
Tata Sons in talks to own entirety of AirAsia India – report
Tata Sons, which already has a 51% stake in AirAsia India (I5, Chennai), may buy the remaining 49% of the… Read More »
South Africa backtracks after Emirates cancels flights
The South African government has backtracked on visa obligations for certain travellers and has clarified health requirements for flight crews… Read More »
Bids open for Israir; Arkia suggests merger
IDB Development, the indebted holding group that owns Israir (6H, Tel Aviv Sde Dov), is hunting for investments to keep… Read More »
Estonia’s NyxAir wins Saaremaa PSO award, court rules
NyxAir (NYX, Tallinn Lennart Meri) has officially won a long-contested tender to operate an Estonian public service obligation route between… Read More »
Air Namibia faces liquidation over Challengair debt default
An old debt to Belgium’s bankrupt Challengair (1I, Brussels National) may eventually catch up with Air Namibia (SW, Windhoek Int’l)… Read More »
Avianca wins court approval for $2bn financing plan
The US Bankruptcy Court for the Southern District of New York has approved a proposed financing plan allowing Avianca Holdings… Read More »