SpeedNews

SAS

SAS secured 3-year, SEK3.3b revolving credit facility that is 90% guaranteed by Swedish and Danish states.
Air Transport

LUFTHANSA GROUP received shareholder approval to transfer €298m retained profits from 2019 to other revenue reserves.
Air Transport

COMAIR, South Africa entered business rescue to restructure, building on the turnaround plan that management was already implementing; it aims to
Air Transport

26th Annual Chi-Stat Reception, scheduled for June 10, 2020, has been canceled; it has scheduled its 2021 event for June 9.
Air Transport

QANTAS has officially placed Project Sunrise on hold, citing the impact of the COVID-19 pandemic on air travel.
Air Transport

VIRGIN ATLANTIC AIRWAYS announced it will be moving its flying program from London Gatwick to London Heathrow, with the intention of retaining its
Air Transport

VIRGIN ATLANTIC announced planned reduction of 3,150 jobs and says it will no longer use all of its seven 747-400s, with four A330-200s retiring in
Air Transport

BERKSHIRE HATHAWAY announced that it has sold all of its airline stocks.
Air Transport

AIRBUS and KONIKU, CA are co-developing disruptive biotechnology solution to detect, track and locate chemicals, explosives and (now) biological
Aerospace

KLM