LCC Norwegian has completed a vital NOK12.7 billion ($1.27 billion) debt to equity conversion, unlocking a NOK3 billion Norwegian government loan guarantee, but CEO Jacob Schram warned of further challenges ahead.
Air France has definitively ended Airbus A380 operations, bringing forward an existing plan to phase out the superjumbo following the coronavirus outbreak.
BEIJING—The Civil Aviation Administration of China (CAAC) is requiring airlines, both Chinese and foreign, to apply for approval of their schedules for international flights from month to month.
Alitalia has said that from June 2 nonstop Rome-New York service will be resumed alongside direct flights to Barcelona and Madrid as it plans to operate 36% more flights in June than in May.
Rolls-Royce announced this morning that it will lose up to 9,000 jobs as it addresses the change in demand following the collapse of the aviation industry due to Covid-19
Airports Council International (ACI) World and the International Air Transport Association (IATA) have called on governments to ensure any new measures introduced for airports and airlines in the wake of COVID-19 are supported by scientific evidence and are consistent across the world.
Betting on a speedy recovery of its aviation sector, Vietnam is said to be going ahead with a VND11 trillion ($472 million) project to build a third terminal (T3) at Ho Chi Minh City’s Tan Son Nhat International Airport (SGN).
Russia’s largest airline operator, Aeroflot Group, has become the first beneficiary of financial aid from the government to help withstand the economic consequences of the COVID-19 lockdown.
Ethiopian Airlines is Africa‘s largest carrier and has been through many crises in its 75-year history, including the 2019 crash of one of its Boeing 737 MAXs. Tewolde Gebremariam describes how the airline is facing the global COVID-19 pandemic.
Aero-engine manufacturer Rolls-Royce is looking to cut 9,000 jobs from its 52,000-strong workforce as the company restructures in the face of the coronavirus crisis.
