A total of eight Thai carriers are seeking loans worth 25 billion baht (US$770 million) from the government to support their businesses during the COVID 19 pandemic, according to the chairman of Thai ...
The South African government is not able to put cash into South African Airlines, following the SAA’s decision to go into voluntary administration, according to a statement from the country’s Ministry...
Stobart Group has reached agreement with EY, the administrators of Connect Airways Limited, to acquire Stobart Air and leasing firm Propius for £8.5 million. Propius is an aircraft leasing business t...
Ailing Nordic carrier Norwegian is negotiating a $1.2 billion debt-for-equity swap with its bondholders as it looks to meet requirements to access the state aid package. Norwegian is looking to covert...
Flag carrier Lufthansa is set to run out of cash unless it is successful in its negotiations with the German government over an a €10 billion aid package. The firm made its statement as it reported a...
Over the weekend Boeing ended its merger agreement with Embraer, leading to the Brazilian airframe manufacturer vociferously denying Boeing’s claims that it failed to meet its obligations. Litigation ...
JetBlue Airways Corporation has completed negotiations with the US treasury over the carrier’s $936 million CARES aid package. As a result on April 23 the US Treasury disbursed the full amount to Jet...
The latest estimates from the International Air Transport Association (IATA) indicate Airlines in Asia Pacific will see the largest revenue drop of US$113 billion in 2020 compared to 2019, up from mi...
As demand continues to grow to move essential goods around the world during the COVID-19 pandemic, Delta is set to increase its cargo capacity by utilizing storage areas in the passenger cabin. Delta ...
Alaska Airlines and Horizon Air finalized agreements today with the U.S. Treasury Department and accepted full disbursement of the agreed $992 through the Payroll Support Program (PSP) under the Coron...
United Airlines is bringing in social distancing measures for both the checking in procedure and inflight itself. In a post on the company’s website, United said that for now and the near future, the ...
In response to the COVID-19 pandemic, Emirates, is stepping up precautionary measures at airports and on board including use of PPE and social distancing measures. All cabin crew, boarding agents and ...
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