The European Commission (EC) has approved a state loan to another European flag-carrier as a result of the coronavirus pandemic wreaking havoc on airline finances.
A year after the coronavirus pandemic forced airlines to shut down much of their operations, governments have pumped $215 billion in financial support into the sector, according to IATA.
The UK government has launched a competition for up to £15 million ($20 million) in grant funding to spur the development of sustainable aviation fuel (SAF).
The European Commission (EC) has put forward a plan for a Digital Green Certificate to provide proof of a passenger’s COVID-19 health status, with the aim of facilitating a travel recovery within the EU.
Sustainable aviation fuel (SAF) made from food waste has the potential to reduce net carbon emissions by 165% compared to fossil jet fuel, according to researchers at the U.S. National Renewable Energy Laboratory (NREL).
U.S. airlines are seeing an elongation of the booking curve, a sign that air travel may finally be starting to return to something resembling normalcy.
LATAM Airlines Group aims to exit Chapter 11 bankruptcy by the end of 2021 and believes its restructuring process will improve the company’s competitive position going forward, particularly in key markets such as Colombia.
Despite the former CEO of Embraer Commercial Aviation saying the development of a new turboprop was contingent on forming a joint venture with Boeing, the Brazilian company has decided to go it alone.
The latest additions to the UK’s ever-changing list of “red list” nations that are deemed to have high rates of COVID-19 infections will have an unusually large effect.
France’s parliament has given the go-ahead for clauses aimed at limiting airport development and domestic flights on routes for which a rail alternative of 2.5 hours or under exists.
Privately owned Nigerian carrier Azman Air has suspended operations pending a safety audit, just as it was about to introduce its first Airbus A340-600.
Two months after Norwegian Air Shuttle ended transatlantic flying to focus on routes closer to home, a new Norway-based airline has unveiled plans to enter the low-cost long-haul market.
JetBlue Airways believes its new partnership with American Airlines will create flexibility to utilize more airport slots that were previously not available to the airline.
German transport-finance specialist DVB Bank has agreed to sell its entire aviation investment and asset management business to joint venture partners Strategic Value Partners Global (SVPGlobal) and EnTrust Global’s Blue Sky Aviation.
A host of U.S. airlines forecast improved bookings for spring and summer travel, driven by continued positive momentum in COVID-19 case counts and vaccinations.
Europe’s pilots and airlines have called for a ramp-up of sustainable aviation fuels (SAF) and for European policy to ensure the fuels’ sourcing makes them truly sustainable.
UK leisure carrier Jet2 and Irish LCC Ryanair are both planning to draw down funds under the Bank of England’s COVID Corporate Financing Facility (CCFF), which is set to close March 22.
The House of Commons transport committee has urged the UK government to release its travel restart plan on April 12 and to allow international travel to resume from May 17.
