International Airlines Group (IAG) is considering a €2.75 billion ($3.2 billion) rights issue to strengthen its finances as the coronavirus crisis continues.
The Belgian Federal Government and Lufthansa have negotiated an agreement that secures the near-term future of Brussels Airlines amid the COVID-19 pandemic.
Storage-related corrosion of Boeing-supplied valves on certain CFM56 engines has been linked to four engine shutdowns, prompting regulators to order inspections before the 1,140 aircraft are returned to service after extended downtime.
Chinese airlines on July 23 achieved their highest level of activity since the COVID-19 pandemic began, according to the Civil Aviation Administration of China (CAAC).
Dubai-based Emirates Airline is now offering passengers free insurance cover for COVID-19 medical expenses and quarantine costs in a bid to boost traveler confidence.
Philippine Airlines (PAL) has announced cost-control strategies after recording a PHP9.4 billion ($184 million) loss for the first quarter (Q1) of 2020.
Icelandair Group’s 2020 second quarter (Q2) operations were significantly affected by the COVID-19 pandemic, which included sweeping travel bans and a massive decrease in demand.
Dassault Aviation is pressing ahead with the development of new business jets and the modernization of its factories in a bid to be prepared for the hoped-for recovery after the COVID-19 pandemic-induced downturn.
Spirit Airlines reached an agreement with Airbus to defer delivery of a host of A320neos, in a bid to preserve cash amid the industry downturn caused by the COVID-19 pandemic.
As aircraft interior companies search for new designs to ensure passengers that flying is safe, many have begun partnerships to address all three major concerns in the COVID-19-era aircraft cabin—anti-microbial surfaces, physical separation and respiratory protection.
A pair of French lawmakers are proposing a radical stimulus package to help the French aerospace and defense industry weather the novel coronavirus pandemic and likely economic crisis.