Flyr has completed its private placement and has succeeded in raising gross proceeds of NOK 600 million through the allocation of 120,000,000 new shares at a price of NOK 5 per share. The new airline ...
United has placed an order for $1 billion of Archer’s aircraft, with an option for an additional $500 million of aircraft. A move that will advance accessible sustainable flight, and solidify Archer a...
American Airlines is expected to furlough more than 1,000 workers based out of Philadelphia International Airport. There will be 28 permanent layoffs beginning April 1 and 1,032 furloughs that will be...
Etihad Airways has become the first airline in the world with all its operating pilots and cabin crew vaccinated in full. ...
Singapore Airlines is swapping 14 Boeing 787-10s for 11 Boeing 777-9s. With this update, Singapore Airlines now has plans to have a total of 30 Boeing 787-10s (down from 44) and 31 Boeing 777-9s (up f...
Wizz Air Abu Dhabi has confirmed that Abu Dhabi to Alexandriaservices will start on 22nd February 2021. Kees Van Schaick, Managing Director of Wizz Air Abu Dhabi said: “Alexandria is an exciting dest...
SpiceJet’s lenders have expressed concerns over the airline’s decision to hive off its cargo business into a wholly-owned subsidiary. AT the AGM in December the airline proposed to its shareholders a ...
Air India posted losses of ₹7,982.83 crore (just over US$1bn) in 2019-20, ₹8,556.35 crore (US$1.17bn) in 2018-19, and ₹5,348.18 crore (US$670m) in 2017-18. Repoorts are circulating that Air India is s...
Easter Jet Airline based in Gangseo-gu, Seoul, has seen one of its senior financial officials indicted for embezzlement this week. The identity of the accused official has not been revealed by the pro...
Russia’s KrasAvia started operating its first two ATR 72-500 this week, the first ATR aircraft ever registered in Russia. Owned by the government of Krasnoyarsk Krai, KrasAvia is an airline based in K...
airBaltic in January 2021 carried 44,400 passengers or 86% less than the year before. On just 900 flights from 4,529 in January 2020 (81% down). Martin Gauss, Chief Executive Officer of airBaltic: “To...
Aer Lingus has secured a three-year €150m state loan via the Strategic Investment Fund’s (Isif) pandemic recovery scheme. Expect Ryanair to go mad and maybe challenge the legality of the loan and mayb...
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