SpeedNews

DHL

AVION EXPRESS, Lithuania launched financial restructuring process, which will include in-court protection from creditors.
Air Transport

TAP AIR PORTUGAL had €118.7m net loss for 3Q20 (vs €1.2m profit in 3Q19) on 81% lower revenues. It plans Dec 10 to submit restructuring plan to EC; it
Air Transport

LATAM AIRLINES GROUP plans to exit Chapter 11 in 2H21; it initiated voluntary reorganization and restructuring in May 2020.
Air Transport

JETBLUE AIRWAYS increased its projecting year-over-year capacity decline to 45-50% for 4Q20 due to volatile booking trends, resulting in an increased
Air Transport