Credit: Singapore AirlinesAhead of its full year financial report on May 14, Singapore Airlines (SIA) has put out a stock announcement saying it is expecting a net loss for fiscal 2019-2020, including a material operating loss for the last quarter between January and March.
Credit: BoeingLessors across the industry are dutifully managing requests for payment deferrals from a majority of customers, but other issues created by the global pandemic are proving more difficult to handle.
Credit: EgytpairStar Alliance member EgyptAir and hybrid LCC Air Cairo have signed an MOU to enhance their strategic positioning and integrate their network and fleet, in an effort to overcome the repercussions of the spread of COVID-19.
Credit: Rob FinlaysonFrontier Airlines has dropped an offer to charge passengers extra to keep the middle seat empty, following accusations of profiteering amid the COVID-19 pandemic by lawmakers in the U.S. House and Senate.
Credit: Delta Air LinesDelta Air Lines and LATAM Airlines Group signed their long-planned joint venture (JV) agreement between North and South America, an affirmation of their strategic partnership despite the near-total collapse in international travel owing to the global spread of COVID-19.
Credit: Rob FinlaysonSwiss International Air Lines (SWISS) must cut costs by 20% under a new business plan after Switzerland’s federal councils approved a CHF1.3 billion ($1.3 billion) commitment loan for SWISS and its leisure company Edelweiss Air.
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