EL AL in advanced talks with government
El Al Airlines said it is in advanced talks with an Israeli bank to receive a loan that will be partly backed by government guarantees. The airline said it is in talks with the Finance Ministry regard...
El Al Airlines said it is in advanced talks with an Israeli bank to receive a loan that will be partly backed by government guarantees. The airline said it is in talks with the Finance Ministry regard...
Virgin Atlantic Cargo has become the first British airline to resume scheduled services to China, operating three flights a week from Heathrow Airport to Shanghai. The cargo capacity on two of the thr...
In a sign of both the industry’s cashflow pressures and expectation of when flight demand will rebound EasyJet has brought its Easter 2021 on sale date forward by five months by putting it on sale to...
The International Air Transport Association (IATA) called for governments to work with the industry on confidence-boosting measures in the face of an anticipated slow recovery in demand for air trav...
Austrian Airlines is now preparing to reorganise its fleet to reflect the COVID 19 fall in demand in demand, with 18 DHCs, all seven A319s and three older B767s to be taken out of service by 2022. Aus...
US start-up carrier Avatar Airlines, has written to the federal authorities to access the emergency financial assistance for passenger airlines, despite not planning to start operations until 2021 In ...
US benchmark futures prices for West Texas Intermediate (WTI) dropped to negative $37.63 a barrel before recovering yesterday, however this was due to technical factors rather than fundamentals and sh...
Central and Eastern European carrier Wizz Air Holdings has received confirmation that it is an eligible issuer under the UK Government's Covid Corporate Financing Facility (CCFF). Indicative issuing l...
As uncertainty persists over the future path of COVID 19 airlines with a mix of domestic and international reach, have greatest flexibility in how to respond, says aviation analysts Cirium in a repor...
Virgin Australia - The country's second-largest carrier - has confirmed it has entered voluntary administration. Last month Virgin cancelled all flights last month following wide-spread travel bans wh...
A group of US Senate Democrats called on airlines to release an estimated $10 billion in full cash refunds for flights cancelled by passengers owing to the COVID-19 pandemic. U.S. Transportation Depar...
Norwegian Air reported that four Swedish and Danish subsidiaries had filed for bankruptcy and said it had ended staffing contracts in Europe and the United States, putting some 4,700 jobs at risk. The...
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