Falko in talks to buy Stobart Air
Infrastructure and aviation firm, Stobart Group is in talks to sell subsidiary, Stobart Air to aircraft lessor Falko, according to the Irish Independent. If the deal goes through it would be valued in...
Infrastructure and aviation firm, Stobart Group is in talks to sell subsidiary, Stobart Air to aircraft lessor Falko, according to the Irish Independent. If the deal goes through it would be valued in...
Norwegian’s traffic figures for August are heavily influenced by the COVID-19 outbreak and the subsequent travel restrictions and drop in demand. In August, capacity was 94% lower than last year, whil...
Major airlines want the US and British governments to launch a passenger testing trial for COVID 19 for flights between London and New York to pave the way for a resumption of more international trav...
Virgin Atlantic’s £1.2 billon restructuring programme has been given the green light by the UK’s High Court, with the deal set to complete by the end of the week. “In order to complete the private-onl...
Middle East carriers, Emirates and flydubai, announced earlier this week that they are restoring their codeshare agreement connecting services through Dubai. Following the restart of passenger flight...
Qantas has issued an AUD $500 10-year unsecured bond issue after holding talks with potential investors last week. The bonds were priced at 5.25%, lower than a number of other carriers which have rece...
Troubled LCC, Norwegian Air is looking to secure funding this year to see it through the next 18 months, it said after reporting H1 losses of $610 million. During the first half of 2020, 5.31 million ...
LCC Ryanair has the challenged state aid packages, such as the €1.2 billion secured by TAP ,and multi-billion euro deal given to Air France-KLM, in the European Court of Justice, according to Portugu...
Moves by US carriers to rethink their fleet strategies and route networks, and retiring more aircraft than usual, will likely accelerate fuel efficiency improvements, which Delta and Southwest are bes...
Air New Zealand has recorded a $338 million aircraft impairment charge related to grounding of the Boeing 777-200ER fleet “for the foreseeable future” as the carrier reported a loss of $87 million for...
American Airlines will furlough up to 19,000 employees on October 1, the airline said in a memo to staff on Tuesday, unless Congress extends the CARES Act's payroll support program. “Today is the hard...
UAE carriers, Emirates and Etihad Airways, have once more asked cabin crew to take voluntary unpaid leave as they look to manage the impact of the COVID 19 pandemic, according to internal memos seen b...
We're Social