Southwest Airlines completed a $1.8 billion debt offering on June 8, part of an effort to buttress its balance sheet during the extended industry downturn caused by the COVID-19 pandemic.

The French government has committed to supporting Airbus Helicopters’ plan to develop a successor to its best-selling H125 Ecureuil single-engine light helicopter.

Ryanair subsidiary Laudamotion will reopen its Vienna operations July 1 after over 90% of its pilots and some 66% of its cabin crew working out of the base voted to accept its new collective labor agreement (CLA).

Electric vertical-takeoff-and-landing startup Lilium has raised an additional $35 million from Baillie Gifford, a Scotland-based investment management partnership with investments in SpaceX, Tesla, Amazon and other technology companies.

The Hong Kong government will take a minority stake in the airline.

Russia’s S7 Airlines has unveiled bullish plans to resume fights across its entire domestic network in June, as well as launching five new routes in the coming weeks.

France will accelerate the introduction of new military aircraft and helicopter fleets as part of its €15 billion ($16.9 billion) support package for the country’s aerospace industry to help it through the novel coronavirus pandemic.

Austrian Airlines has reached a deal with the Austrian Government and parent Lufthansa for a €600 million ($677 million) coronavirus rescue package that comes with strict ecological requirements attached.