Latvian airline AirBaltic continued its growth in 2019 and for the first time in the company’s history it has exceeded EUR 500 million revenue – a 23% increase over 2018. Martin Gauss, Chief Executive...
The Norwegian government has outlined a bailout package for the country’s airline sector of up to 6 billion Norwegian crowns ($537 million), with half of the cash allotted to Norwegian Air, which is ...
Finnair announced in its Stock Exchange Release on March 16 2020 that it is implementing a funding plan includes funding instruments such as available credit lines, sale and leasebacks of unencumbered...
Vietnam Airlines has become the latest airline to temporarily suspend all international flights within its network, due to the impact of Covid 19. Flights to south-east Asian countries, including Sing...
Air Canada said today that it will gradually suspend the majority of its international and U.S. transborder flights by March 31,2020 in response to decisions by national governments, including Canada ...
While the US aviation sector has called for bailout packages close to $120 billion this week, environmental lobby groups have said financial assistance programmes should be linked to environmental sus...
US carrier Hawaiian Airways drew down a $235 million revolving credit facility on March 16, according to an 8-K filing by the airline. Citibank was the administrative agent on the credit facility whi...
Willis Towers Watson has launched A Class, a community group dedicated to delivering data, knowledge and solutions to its business aviation clients. A Class focuses on data analytics and risk strateg...
Brussels Airlines has called for a €200 million government bailout following news the company will stop all flights from Saturday, and the losses sustained, while the 4,000 staff are paid, will amount...
The International Air Transport Association (IATA) and Airlines for Europe (A4E), issued a joint statement in which they described their “dismay” with the European Commission’s new guidelines on the a...
Brazil’s antitrust watchdog on Wednesday, CADE, dismissed allegations against a proposed takeover by Boeing of Embraer’s commercial plane division, maintaining its approval of the deal. CADE was alre...
AMS Aircraft Services and EastMerchant Capital have been jointly by AirAsiaX, as remarketing agents for the sale of two Airbus A330-300 passenger aircraft, MSN 1423 and 1433. T This appointment is the...
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