SAS signs a SEK 3.3 billion state aid deal
SAS has signed a SEK 3.3 billion three-year revolving credit facility agreement, 90% guaranteed by the Swedish and Danish states. Since the announcements from the Scandinavian governments on credit gu...
SAS has signed a SEK 3.3 billion three-year revolving credit facility agreement, 90% guaranteed by the Swedish and Danish states. Since the announcements from the Scandinavian governments on credit gu...
The runway and terminal infrastructure at Enontekiö Airport are at the end of its life cycle, and the Finnish airport company Finavia is looking at a potential sale of the asset. For the development o...
KLM Royal Dutch Airlines will gradually begin restoring its European network. The airline will resume daily service to seven extra destinations, which were suspended in compliance with Covid-19-relate...
In April 2020 Wizz Air operated at three percent of its capacity with load factors of 75% as the Central European LCC felt the full impact of COVID 19. In addition to its regular passenger traffic Wiz...
Fokker Techniek, a business of GKN Aerospace, has expanded its current operations with additional aircraft parking spaces during the current challenging period. The Completion and Maintenance facility...
Aero Norway, the independent engine MRO provider, has invested in five CFM56-3 engines which it will introduce into its refurbish and sell programme. The original plan was to undertake a total of six ...
The European Union’s competition watchdog approved French state aid worth €7bn for Air France-KLM. The carrier obtained a state guarantee and a subordinated shareholder loan, a financial lifeline exec...
Ailing LCC Norwegian Air has won support from shareholders, bondholders and aircraft lessors for a 10bn kroner ($1billion) debt-for-equity swap. At an emergency AGM today he airline’s shareholders vot...
Ryanair is planning to cut 3,000 jobs and reduce staff pay by up to a fifth in response to the Covid-19 crisis, which has grounded its fleet. The LCC said it was cutting 15% of its 20,000-strong workf...
AvAir, aninventory solutions provider for the aviation aftermarket, and Lufthansa Technik have signed a long-term aftermarket sales agreement. AvAir has purchased the majority of Lufthansa Technik's o...
KlasJet, a family member of Avia Solutions Group and a private and corporate jet charter company, has added cargo services to its portfolio by collaborating with cargo airline BlueBird Nordic. The lat...
In a sign of the large discrepancy between the aviation sector’s fixed costs and its current revenues, Heathrow Airport is currently paying more UK local government tax (business rates) than it is cur...
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