Finnair has reported first quarter revenues down 16% to €561.2 million and also announced a rights issue for €500 million. Finnair's current assumption is that it will operate the current minimum netw...
BA is splashed across the front pages today with the announcement yesterday that it plans to shed 12,000 jobs (see European, Airline News below). The unions are claiming that BA has “jumped the gun” a...
British Airways (BA), owned by parent International Airlines Group (IAG), has formally notified its unions of a proposed restructuring and redundancy programme, which could result in the redundancy of...
IATA has called on regulators to take urgent action to help civil aviation recover from COVID 19 by devising temporary measures to allow licenses and certificates to remain in-force, and then validate...
LCC Air Arabia Abu Dhabi has received its Air Operating Certificate (AOC), which allows it to start operating from Abu Dhabi as the fifth UAE national airline. Air Arabia Abu Dhabi will to work with t...
The Air France-KLM Group and Air France has agreed the details of a €7 billion state aid package for the airline following several weeks of discussions with the French state and banking institutions. ...
The Latvian airline AirBaltic has set-out a revised business plan in response to COVID 19 which includes a smaller fleer in the near future. The new business plan, titled Destination 2025 CLEAN, focus...
The German and the Hessian state government have given a guarantee for a loan with €550 million from the federal government's Corona Shield Programme. Condor will receive a loan of €294 million as cor...
The International Business Aviation Council (IBAC) has submitted a letter to the International Civil Aviation Organization recommending that the CORSIA baseline be adjusted now to take into account th...
The ERA has written to all European institutions and member states urging for liquidity support to maintain European connectivity and competition levels benefited from the EU’s Internal Market for Avi...
The development of a common approach in “COVID-compliant operational procedures” for airlines and airports are across all European States is vital in order to minimise the disruption and the cost of t...
Copa Airlines has reported a 11.4% decline in total revenue to $595.5 million for the first quarter of 2020, with an expected operating profit of $98.7 million and operating margin of approximately 16...
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