Virgin Australia’s administrators Deloitte have reduced the five prospective candidates for the airline to Bain Capital and Cyrus Capital Partners. Vaughan Strawbridge, joint administrator and restruc...
The Civil Aviation Administration of China (CAAC) is considering tripling the number of international flights allowed to depart the country from the start of June. The CAAC’s deputy director, Li Jian ...
Fiji Airways has secured sovereign guarantees worth $ 200 million to support urgent financing actions required to tide the company through the COVID-19 crisis, and the expected slow ramp up of travel ...
Preliminary April 2020 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed that international air passenger markets were battered by the effects of the COVID-19 pa...
Air New Zealand is planning to ground its entire Boeing 777-200 and 777-300 fleet until at least the end of calendar 2020, according to earnings update released to the domestic stock exchange. In the ...
China Aircraft Leasing Group Holdings (CALC) has announced the official signing of a strategic cooperation agreement with Moutai Financial Leasing and China Construction Bank Corporation (CCB). The th...
On May 18 a B737-800 was towed into GAMECO hangar, marking the inauguration of its first B737-800 PTF (passenger to freighter) conversion after half-year preparation. Nowadays, under the pandemic prev...
Virgin Australia’s administrator Deloitte has shortlisted four candidates to take over the airline: Bain Capital, BGH Capital, Indigo Partners and Cyrus Capital Partners. Virgin Australia's appointed...
The Thai government has changed its mind on providing $1.8 billion state aid for the country’s flag carrier and instead will let the firm go bankrupt, according to Reuters. Thailand’s State Enterprise...
Korean Air is looking to raise $1.8 billion in fresh capital from a combination of issuing new shares and government aid as it seeks to navigate the challenges of Covid-19. The carrier will issue 79 m...
Mitsubishi Heavy Industries May 11 decision to postponing its SpaceJet regional airliner program was due to the impact of COVID 19, according to Nicolas Jouan, Aerospace and Defense Analyst at Global...
Qantas Airways said today that it had advised Airbus and Boeing that it did not expect to take delivery of any new planes in the near term as it deals with the impact of COVID 19. The airline had expe...
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