Air France-KLM CEO Ben Smith has reportedly called for the conditions Europe is expected to impose on the Franco-Dutch airline group’s recapitalization to be proportionate.
The Singapore Airlines (SIA) group reported a net loss of S$141.8 million for its fiscal 2020 third quarter (Q3), despite a 45% quarter-on-quarter improvement in passenger traffic.
China Eastern Airlines will issue 2.5 billion privates shares to its parent China Eastern Air Holdings, in a bid to raise CNY10.8 billion ($1.67 billion) and improve the company’s financial stability.
UK air navigation service provider (ANSP) NATS is planning to scale back the use of the transatlantic Organized Track Structure (OTS) as new technology enables aircraft to take their own more fuel-efficient route across the ocean.
Panama-based Copa Airlines will become the first carrier in the Americas to trial the IATA Travel Pass mobile health app, designed to facilitate air transport amid the pandemic.
Korean Air has managed to achieve an operating profit in 2020 despite the disruption of the COVID-19 crisis, and the South Korean carrier also succeeded in more than halving its annual net loss.
Allegiant Air continues to buck trends during the COVID-19 pandemic, with plans to slightly grow its Q1 capacity on 2019 levels while larger operators in the U.S. plan significant cuts through March.
Shortly after accepting a sizeable loan from Canada’s government, leisure carrier Sunwing Airlines has taken delivery of two new Boeing 737-8s from Air Lease Corporation (ALC).
Less than two full months remain until the U.S. Payroll Support Program (PSP) runs dry. And once again, airlines are warning staff of coming furloughs.
Inflight connectivity over the Asia-Pacific region is set to get a boost as a new extreme high throughput satellite (XTS)—APSTAR-6D—enters service over the next month.
