The European Commission (EC) has opened an in-depth investigation to assess the proposed joint venture by Boeing and Embraer. Under the EU merger regulation, the commission is concerned that the tr...
Southwest Airlines pilots have filed a lawsuit against Boeing claiming that the planemaker of “deliberately misleading” them over the 737 MAX, which has been grounded for several months after two fat...
Boeing and Embraer's strategic partnership is set to be delayed until early 2020 due to The European Commission recently indicating it will open a Phase II assessment in its review of the transaction...
The U.S. government has announced an additional annual tariff on Airbus commercial aircraft, starting 18 October. Imposed tariffs by The World Trade Organization (WTO) will come into force on $7.5...
Ryanair Group CEO Michael O’Leary says the tour operator model was "dead" following the collapse of Thomas Cook. O'Leary, who appeared at a Reuters Newsmaker event in London, claimed that Thomas Co...
Aigle Azur has been put into liquidation after a French court ruled against the remaining rescue offers. Air France-KLM and EasyJet withdrew offers to acquire parts of Aigle Azur after missing a co...
Thomas Cook has been forced into compulsory liquidation this morning. At this time, the UK liquidators control: three A320-200s, 35 A321-200s and eight A330-200s under the UK brand – then under Tho...
Yesterday, Condor Flugdienst received a guarantee from the German government and the Hessian State Government for a six-month €380 million bridging loan by German Development Loan Corporation KfW. Th...
An extra £200 million in extra funding is needed otherwise Thomas Cook could fall into administration. The airline has been told by banks including RBS and Lloyds that new contingency funds are ra...
Over the weekend an attack took place on a Saudi Arabian oil facility removing around 5% of global supplies which has seen oil post its biggest ever intraday jump to more than $71 a barrel, Bloomberg...
Knighthood Capital Partners, headed by former Etihad president and CEO James Hogan, and Six West have formed a new partnership with the aim to explore and develop new growth opportunities for the air...
In a bid to generate cash, Norwegian Air Shuttle (NAS) requested extend the maturity dates of its two unsecured bonds in exchange of a security package backed by the take-off and landing slots at Lon...
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