Due to the continuing travel restrictions, Lufthansa will extend its repatriation flight schedule, which was originally scheduled to run until 19 April, to 3 May. This also means that all remaining fl...
The International Air Transport Association strengthened its call for urgent action from governments in Africa and the Middle East to provide financial relief to airlines as the latest IATA scenario f...
The European Commission (EC) has approved a French scheme allowing airlines to defer the payment of some taxes to help them weather the COVID-19 crisis by reducing pressure on their cash flows. The EC...
ANA Holdings, the parent of Japanese airline All Nippon Airways is looking into a roughly 100 billion yen ($920 million) syndicated loan from seven lenders as the carrier fortifies its balance sheet t...
Air New Zealand will have a $3 billion hit to revenues as a result of the Covid 19 crisis and will exit the pandemic as a much smaller operation, said chief executive Greg Foran in an email to staff. ...
In a statement to the Australian Stock Exchange (ASX) Virgin Australia acknowledged media reports that it was requesting financial support from the Australian Government in the order of $1.4bn as part...
Acro Aircraft Seating is pleased to announce the appointment of Neil Cairns as the company’s chief executive effective from March 9, 2020. Neil Cairns was most recently vice president and general mana...
Colibri Aero, an international supplier of aircraft parts and interior solutions, together with J&C Aero, an international aircraft design and production organization, have developed universal Cargo S...
Scope Ratings says the longer-term challenge for surviving airlines is that they will be operating in a much changed and less favourable economic environment than before the crisis: a smaller travel a...
The International Air Transport Association (IATA) published new analysis showing that airlines may burn through $61 billion of their cash reserves during the second quarter ending 30 June 2020, while...
The UK Airport Operators Association (AOA) called for the UK government to do more to support the country’s aviation industry, saying it was after it was falling behind other major economies in suppo...
Despite IATA warning that airlines globally are facing losses of $314 billion in 2020, a 55% decline compared to 2020, the US government’s $58 billion CARES package, is by-far largest aid deal so far...
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