Pegasus is adding a new route from Antalya, Turkey, with the launch of its direct flights to Moscow. The inaugural flight from Antalya to Moscow will take off on November 10, 2020. Pegasus Airlines ...
Virgin Atlantic will resume flights to the Caribbean islands of Antigua and Grenada from October 26 utilising its 787-9 aircraft. Two flights a week are planned for each island, joining the four weekl...
American Airlines is seeking to boost its liquidity further with a new $1bn equity issuance, led by underwriters Goldman Sachs, Credit Suisse, Deutsche Bank, Morgan Stanley and BNP Paribas. This is th...
In September 2020, China Southern Airlines Group passenger capacity (measured by available seat kilometres (ASK)) decreased by 23.67% as compared to the same period last year. Of which, passenger capa...
AirAsia X Bhd has run out of money and needs to raise up to 500 million ringgit ($120.60 million) to restart the airline, according to the words of deputy chairman Lim Kian Onn who commented in a Mala...
Pakistan International Airlines (PIA) is set to lay off 3,000 employees and sell its non-core assets to reduce its debt burden and restructure the airline. PIA debt stood at Rs360 billion (US$2.2 bill...
In a surprise move, London investment fund Kalrock Capital and Dubai-based tycoon Murari Lal Jalan’s proposed revival of Jet Airways some 18 months after it filed for bankruptcy, has been approved by ...
Cathay Pacific Group’s combined traffic figures for September 2020 reflect the airlines’ substantial capacity reductions in response to significantly reduced demand as well as travel restrictions and ...
Wizz Air Abu Dhabi, the new national airline of the United Arab Emirates, has officially received its Air Operator Certificate (AOC), from the UAE General Civil Aviation Authority (GCAA). Receiving th...
In his first public appearance since being named British Airways' new CEO last week, Sean Doyle set out plainly the impact of the pandemic on the airline by comparing its losses during the global fina...
Finnair has completed the co-operation process started in September on its plans to reduce up to 1,000 jobs, to make other structural changes and to implement additional temporary layoffs due to the i...
Virgin Australia chief executive Paul Scurrah's position is under question following the airline's takeover by American private equity firm Bain Capital. This follows a union’s concerns that the new o...
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