Aeroflot Group saw its passenger numbers fall by 34.3% year-on-year for March to 3 million, with flag carrier itself Aeroflot posting a 41.4% decrease as it saw 1.8 million fewer passengers than in 20...
Following yesterday’s release of the International Civil Aviation Organization’s (ICAO) air travel forecast projecting a 1.2 billion travellers drop and US$160bn to US$253bn in revenue losses for the ...
The impact of COVID 19 continues to be felt on the global aviation sector with Regional German carrier Luftfahrtgesellschaft Walter (LGW) and Air Mauritius both going bust, having filed for insolvenc...
Spirit Airways has increased a previously announced revolving credit facility from $110 million to $135 million, the carrier revealed in an SEC filing. On March 30, Spirit Airlines entered into a seni...
American Airlines has finalised the details of its aid package from the US Treasury for the payroll financial assistance program as part of the Coronavirus Aid, Relief and Economic Security (CARES) A...
Delta Airlines, 49% owner of struggling carrier Virgin Atlantic is not in a position to inject more funds into the Richard Branson owned firm, said its chief executive Ed Bastian. Billionaire Branson ...
Fitch Ratings has downgraded Virgin Australia Long-Term Foreign-Currency Issuer Default Rating to 'D' from 'CCC-', following the carrier's announcement it has entered voluntary administration. Virgin...
Qantas and Virgin Australia will get support from the Australian government to keep operating some domestic routes. Qantas said this will see the number of passenger flights it operates increase from ...
Air Asia will resume domestic flights in Malaysia, Thailand, the Philippines, India and Indonesia, the carrier said in a statement posted on its website. The airline said the flights are currently sub...
Ailing US airframe maker Boeing today a series of senior management organisational changes in what it said was an attempt to drive greater cross-company integration and preparing for the post-pandemic...
United Airlines made a more than $2 billion loss in the first quarter, more than half of its entire 2019 profit as the COVID 19 pandemic destroys nearly all air travel demand. The Chicago-based carrie...
Southwest Airlines announced has reached a final agreement with the United States Department of Treasury about the general terms expected on the Payroll Support Program under the Coronavirus Aid, Rel...
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