Credit: Joe PriesAvianca Holdings, one of Latin America‘s largest airlines, has filed for chapter 11 bankruptcy in New York after failing to secure a government bailout before the deadline for a $66 million bond repayment due this month.
Credit: Joe PriesItaly plans to invest at least €3 billion ($3.2 billion) in relaunching newly renationalized Alitalia and is eyeing the long-haul market, according to economic development minister Stefano Patuanelli.
Credit: Nigel Howarth / Aviation WeekWelcome to Routes’ look at how the North American aviation market is responding to the COVID-19 pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together. Routes is part of the Aviation Week Network.
Credit: Joe Pries The UK’s plan to impose a 14-day quarantine on passengers arriving from abroad will force International Airlines Group to rethink its post-lockdown plans, its CEO said May 11, echoing criticisms from across the UK aviation industry.
Credit: Joe PriesThe Indonesian government is in the process of helping Garuda Indonesia draft a $1 billion financing proposal as the state-controlled airline has a $500 million Islamic bond (sukuk) due in June.
Credit: Frontier Airlines / FacebookFrontier Airlines became the first U.S. carrier to announce plans to screen temperatures at the gate, as calls for a uniform screening policy gather steam across the industry and on Capitol Hill.