Talks over an extension to the Payroll Support Program (PSP) look set to come down to the wire in September, after negotiations toward another U.S. coronavirus aid package broke down late last week.
For airlines, the COVID-19 crisis brings no silver lining. They were stripped almost overnight and worldwide of passengers and revenue while retaining much of their high cost base.
Inflight entertainment provider Gogo has begun talks to sell its commercial aviation (CA) business, president and CEO Oakleigh Thorne revealed on an Aug. 10 earnings call.
LCC Air Arabia slipped into the red in the first half (H1) of 2020, seeing a successful first quarter obliterated by the onset of the COVID-19 pandemic.
Ukraine International Airlines (UIA) is gradually resuming flying after a three-month shutdown, but its main hub operation at Kyiv Boryspil International has been mothballed until spring 2021.
Air Europa plans to accelerate the phaseout of its entire Airbus A330 fleet and defer delivery of additional Boeing 787s after the COVID-19 pandemic scuttled plans to restart long-haul flights.
With the return of demand for long-haul travel still unclear, Lufthansa is preparing fundamental cuts to the group’s long-haul fleet that are likely to see several types retired entirely.
Rolls-Royce has discovered cracks in the intermediate pressure (IP) compressor blades of higher-time Trent XWB-84 engines during scheduled overhaul but said early detection will enable the speedy development of a fix.
Runway ends at Kozhikode Calicut International Airport (CCJ), where Air India Express Boeing 737-800 was involved in a fatal runway excursion Aug. 7, were adjusted to create more runoff space for aircraft in 2019, an Airports Authority of India (AAI) document shows.
