Coronavirus

After three hearings in August, Thailand’s central bankruptcy court has now approved Thai Airways’ rehabilitation request, allowing the airline to begin its restructuring.

The continued bleak outlook in the international market underlines the need for Cathay Pacific to undertake significant long-term changes, according to a senior executive at the airline.

Thousands of workers have taken voluntary buyouts, but thousands more face layoffs and furloughs come Oct. 1.

Delta Air Lines and Virgin Australia have officially paused their transpacific joint venture, while the latter regroups after the COVID-19 crisis forced it to seek voluntary administration.

UK supermarket chain Tesco said it will test grocery deliveries by drone in Ireland starting in October.

When Machinists union members at Textron Aviation cast their vote on a new labor contract Sept. 19, they will be voting on an agreement they call historic.

Vancouver Airport Authority, scaling back ambitious growth plans in light of the COVID-19 pandemic, has canceled a four-part infrastructure improvement project that targeted Vancouver International Airport’s (YVR) energy usage.

Air Transat will permanently lay off at least 2,000 employees after the COVID-19 pandemic forced it to completely shut down operations for nearly four months between April and late July.

Ask the Editors: The long time it takes to process tests is one of the biggest hurdles now. IATA hopes a test that meets this and other concerns will be available soon.

A deal for the takeover of South Korean carrier Asiana Airlines by a Hyundai Development Co. (HDC)-led consortium has collapsed, with both sides confirming that the sale agreement had been canceled.

ULCC Wizz Air has been forced to delay the operational launch of its new subsidiary Wizz Air Abu Dhabi by two weeks because of COVID-19-related travel restrictions.

Senior figures at the airline have previously talked about the need to make "very tough decisions" to adapt "to this new reality."

Lauda Europe—the new incarnation of Ryanair’s Austrian carrier Laudamotion, which is to relinquish its Austrian AOC—operated its first flight under its Maltese AOC on Sept. 11.

Engineering and Maintenance Organization turns attention from innovation to focus on controlling costs and preventing infection among workforce.

As industry ranks are decimated, OEMs and top-tier companies already are worried about losing too many talented workers.

Aerospace companies are mapping strategies to meet both employee and business needs in an uncertain future.

AIR CANADA plans to raise US$552.6m in an EETC to finance pool of 16 aircraft delivered in 2001-2019: nine A321-200s; four 777s; and three 787-9s. It

ALTA members flew 9.9b RPKs in July, down 88.1% vs July 2019; capacity dropped 83.3% to 15.8b ASKs. Pax fell 87.6%.

GOL says it plans in September to return 14 737NGs to service to increase operating fleet to 74 (it has 130 737s). It has to date returned nine 737NGs

JETBLUE AIRWAYS plans in 4Q20 to launch 24 new routes and will reactivate temporarily parked aircraft for support.

Americans are expected to fall in love with their cars again in the wake of COVID-19.

Monocle Acquisition Corp. and AerSale have agreed to a revised merger deal that is expected to see the combined, publicly traded company, AerSale Corp

The Swiss Parliament has approved a CHF 150 million ($165 million) equity contribution to support air navigation service provider (ANSP) Skyguide, which has experienced a “massive decline” in income because of the COVID-19 pandemic.

The COVID-19 pandemic has brought considerable challenges, but it can also provide businesses with an opportunity to reassess.

TRANSAT lost C$140m in third quarter ended July 31 (vs C$6.2m net income a year ago) on 99% lower revenues.