Delta Air Lines plans to resume service between Seattle and Shanghai via Seoul Incheon on June 25, becoming the first U.S. airline to return to China since flights were suspended in early February as the COVID-19 outbreak escalated.
PARIS—French airline Corsair is negotiating a rescue plan which could involve new shareholders, a source has told Aviation Daily, confirming information initially reported by online publication La Tribune.
Lufthansa CEO Carsten Spohr said the airline has made ample preparations to avoid a grounding, in case an extraordinary general assembly rejects the company’s multi-billion bailout on June 25 and the airline is forced to file for insolvency proceedings.
The contest to select a new owner for Virgin Australia has entered the final stages, with the two remaining bidders presenting proposals that call for retaining the core parts of the airline’s operations.
Austria’s Ryanair subsidiary Laudamotion plans to become a wet-lease carrier; however, it will have to implement several survival measures deemed necessary to face post-COVID-19 competition.
Iberia is to retire its fleet of Airbus A340s this year, several years earlier than planned, as it seeks to right-size its fleet amid the COVID-19 pandemic.
Delta Air Lines plans to continue reshaping its network by adding 1,000 daily departures in August, building on a similarly sized expansion of July’s timetable, before “taking a pause” and evaluating fall demand trends, CEO Ed Bastian said.
Airports across Poland have convinced Prime Minister Mateusz Morawiecki to relax air travel restrictions put in place at the height of the COVID-19 crisis as of July 1.
Textron plans to lay off nearly 2,000 employees at its TRU Simulation + Training, Textron Aviation and Industrial divisions to cut operating expenses as it restructures in response to challenges from the COVID-19 pandemic, the company said in a Securities & Exchange filing June 18.