The Swedish National Debt Office has rejected Norwegian Air Shuttle’s loan-guarantee application, putting further pressure on the cash-strapped carrier, while Scandinavian Airlines (SAS) has separately secured EU approval for its state-backed refinancing plan.
When the U.S. Transportation Security Administration (TSA) released its first “Insider Threat Roadmap” back in May, ramifications of the novel coronavirus pandemic did not figure prominently in the document’s development.
UK LCC easyJet is to close three UK bases at London Southend, London Stansted and Newcastle after ending redundancy consultations with pilots’ union BALPA, triggering further potential redundancies at airports operator and ground handling provider Stobart Group.
Icelandair has pushed back the time line for its planned ISK20-23 billion ($147–$169 million) share offering to September, as the carrier continues to finalize a state-backed credit facility and secure shareholder approval for the capital increase.
Boeing’s detailed instructions for modifying 737 MAXs as part of the FAA’s planned requirements call for more than 200 work hrs. per aircraft, with most of the effort needed for addressing non-compliant wiring.
Philippine carriers plan to begin ramping up domestic flights in the Manila market this week following the lifting of travel restrictions imposed over two weeks ago as COVID-19 cases spiked.
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