Virgin Australia’s administrator Deloitte has shortlisted four candidates to take over the airline: Bain Capital, BGH Capital, Indigo Partners and Cyrus Capital Partners. Virgin Australia's appointed...
El Al is one of the Israeli economy's most significant corporate casualties from COVID 19 and will not survive without state assistance, says its chief executive Gonen Usishkin, as the firm announced ...
Ryanair used its annual results to launch a broadside against what it views as unlawful state aid to its European rivals as the Irish carrier plunged to a $200 million loss in the first quarter of 202...
The Thai government has changed its mind on providing $1.8 billion state aid for the country’s flag carrier and instead will let the firm go bankrupt, according to Reuters. Thailand’s State Enterprise...
As COVID 19 continues to impact the global air travel industry, the latest data from Skytra, the Airbus subsidiary, shows a rising average ticket prices across all major regions, with flights between ...
Alaska Air Group today reported a first quarter 2020 net loss of $232 million, compared to net income of $4 million for the same period in 2019. "In the face of one of the greatest challenges in the h...
The Federal Aviation Authority has issued an airworthiness directive in relation to GE90 engines following an incident on a Thai Airways Boeing 777 in October 2019. The FAA is adopting a new airworthi...
Delta plans to retire its 18 widebody Boeing 777s by the end of 2020 as a result of the COVID-19 pandemic. In a statement Delta said that the retirement will accelerate the its strategy to simplify an...
From 1 June, Lufthansa, Eurowings and SWISS will resume services from Manchester, Birmingham, Edinburgh and Dublin to Frankfurt, Zurich, Dusseldorf, Hamburg, Stuttgart and Cologne and will increase fr...
The Baltic countries of Estonia, Latvia and Lithuania have opened their borders to one another, creating a coronavirus "travel bubble". From midnight on Thursday, citizens and residents can move betwe...
After more than seven weeks of hibernation Brussels Airlines is planning to resume its operations as from 15 June. The Belgian flag carrier plans to start with a reduced flight offer that will be buil...
Ryanair said it has reduced its office headcount in Dublin, Stansted, Madrid and Wroclaw by over 250 through a combination of probation/fixed term contract ends, resignations and redundancies, as thes...
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