Richard Branson’s Virgin Group is considering selling up to 25,000,000 Virgin Galactic shares to raise funds for the group’s travel businesses, which have been hard-hit by COVID-19.
Fast-growing LCC Vietjet Air has posted its first quarterly loss since listing on the Ho Chi Minh stock exchange in February 2017, attributable to COVID-19 flight restrictions and passenger drop-off.
ULCC Ryanair plans a swift increase in its schedules over the summer with 40% of its usual flights set to operate from July 1, the carrier said May 12.
Lufthansa-owned Brussels Airlines plans to cut its 4,000-strong workforce by a quarter and reduce its fleet by 30%, an overhaul driven by the COVID-19 pandemic.
Welcome to Routes’ weekly look at how the Middle East and African aviation markets are responding to the COVID-19 pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
Delta Air Lines will consolidate service from 10 secondary airports into nearby metro hubs, as it looks to eliminate unprofitable flying while adhering to minimum service levels in the CARES Act stimulus law.
Changes in the global rankings of domestic air routes illustrate that Asia-Pacific markets are generally weathering the COVID-19 crisis better than those in other regions.
Gen. Charles Brown, President Donald Trump’s pick to be the next U.S. Air Force Chief of Staff, says he would continue many of the same modernization efforts as his predecessor, but recognizes the service must adjust its strategy and priorities because of the spread of the novel coronavirus.
Frontier Airlines became the first U.S. carrier to announce plans to screen temperatures at the gate, as calls for a uniform screening policy gather steam across the industry and on Capitol Hill.
There are many airlines and private-fleet operators that have grounded their fleets during the COVID-19 crisis, but only one company is doing so for the fourth time in as many years: Jet Linx.
Italy plans to invest at least €3 billion ($3.2 billion) in relaunching newly renationalized Alitalia and is eyeing the long-haul market, according to economic development minister Stefano Patuanelli.
The UK’s plan to impose a 14-day quarantine on passengers arriving from abroad will force International Airlines Group (IAG) to rethink its post-lockdown plans, its CEO said May 11, echoing criticisms from across the UK aviation industry.
Welcome to Routes’ look at how the North American aviation market is responding to the COVID-19 pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
