Coronavirus

Nordic Aviation Capital (NAC) has reported a $639 million loss for the fiscal year ended June 30, which included both the best and most difficult

The General Electric-Safran joint venture has developed a checklist to help customers with aircraft service reentry.

Taking the helm amid the aviation industry’s worst crisis, Slattery is likely to take a fresh look at structures and strategies.

Concern over the threat of rogue drones disrupting airport operations seems almost quaint now during the COVID-19 pandemic.

Concern over the threat of rogue drones disrupting airport operations seems almost quaint now during the COVID-19 pandemic.

There is never an easy time to launch an airline.

The Jetstar Group will have a smaller footprint outside Australia as it pulls out of one overseas joint venture (JV) and some of its other franchises shrink in size.

Starting Sept. 1, Singapore will allow general travel from Brunei and New Zealand, lifting quarantine requirements for arrivals from those two countries at the island-state.

BLUE AIR received European Commission approval, under EU State aid rules, for Romanian loan guarantee of up to €62m.

PIAGGIO AEROSPACE secured €30m in financing from Banca Ifis (in form of an advance on contracts and factoring operations) to enable company to

Brussels Airlines has received the green light from the European Commission for a €460 million ($542 million) bailout package part-funded by the Belgian state that is designed to help the flag-carrier survive the COVID-19 crisis and support its turnaround plan.

The UK has added Portugal to a safe list of “travel corridors,” exempting arrivals from a 14-day quarantine, but removed Austria and Croatia in the latest update to British COVID-19-related travel restrictions.

Epic Fuels, a global provider of fuels and services and a division of Signature Aviation, has launched the coast-to-coast U.S. tour to send a sign of positivity for business and general aviation.

Bratislava, Slovakia-based ACMI wet-lease specialist Go2Sky will end its activities by September 2020 as a result of COVID-19’s impact on the air transport market.

Ground handling company Swissport said creditors had committed to provide €300 million ($354 million) in interim liquidity to fund it through a restructuring plan.

Austrian aerospace parts and services provider FACC expects further challenges in the supplier business in the wake of COVID-19 as it revealed plans to lay off 700 of its 3,700 employees.

From swapping delivery positions to equity stakes, lessors are going beyond monthly payment adjustments to keep their customers flying.

SOUTHWEST AIRLINES decided not to take $2.8b loan from US Treasury under CARES Act as it has successfully bolstered liquidity (it has raised &18.7b

ALAFCO reached agreement with Airbus to defer delivery of undisclosed number of 52 A320neo Family aircraft on order to match post-COVID demand

ACUMEN, Ireland launched Static Aircraft Management (SAM) initiative, including CAMO/records management, for aircraft in short-/long-term storage and

NORDIC AVIATION CAPITAL earned US$686m for year ended June 30 on 2% higher lease revenues vs a year ago, ending year with owned/managed/committed

Delta Air Lines will continue blocking off its middle seats through the end of the year, while increasing the maximum number of passengers allowed on each flight.

Up to the outbreak of COVID-19 this spring, flight simulators and pilot training were some of the hottest side-hustles that legacy aerospace manufacturers could play as they rode the historic updraft in airliner traffic.

Lufthansa Cargo has opened its Munich Airport Pharma Hub and hopes to obtain CEIV pharma certification from IATA in the fall of 2020.

Eurocontrol may cut its air traffic outlook for September because of COVID-19 travel restrictions imposed across the European region.