Air Transport

STOBART GROUP agreed to reacquire STOBART AIR and PROPIUS (lessor) in deal valued at £8.55m; both were sold in 2019 as part of formation of Connect

NORWEGIAN AIR SHUTTLE plans NOK400m public equity offering as part of NOK2.7b restructuring plan due to COVID-19 crisis.

PORTER AIRLINES extended its temporary suspension of flight operations due to COVID-19 by another four weeks to June 29.

AIR FRANCE-KLM secured €7b in loans to preserve liquidity during COVID-19 crisis, including French state-backed loan of €4b from syndicate of six

SOUTH AFRICAN AIRWAYS reached agreements with Public Enterprises Minister and unions to defer potential liquidation.

AIRBALTIC modified its 5-year Destination 2025 CLEAN business plan by incorporating impact of COVID-19 crisis; new plan foresees reduced fleet for

DELTA CARGO received FAA approval to utilize overhead bin space of widebody aircraft to carry cargo; it is studying possibility of removing seats.

Virgin Group founder Richard Branson has rejected media reports that he plans to sell UK long-haul carrier Virgin Atlantic, but the search for further investment continues.

Airbus CEO Guillaume Faury gave a dramatic warning to employees that heralds potentially deeper production cuts than initially planned.

The Dutch government plans to provide €2-4 billion ($2.2-4.4 billion) in COVID-19 crisis-related financial assistance to KLM, following on France’s pledged €7 billion to help Air France and the Air France-KLM group.

Norwegian Air Shuttle said it expects to remain grounded until April 2021 as it set out a debt-for-equity conversion plan to avoid running out of cash by mid-May.

MOSCOW—Irkut Corporation has resumed the flight trials of its new MC-21 narrowbody aircraft in Zhukovsky, near Moscow. The flights were suspended on

Welcome to Routes’ look at how the North American aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.

Weekly profile of a major airport’s operations, carriers and destinations.

Wizz Air will restart operations from its Vienna base May 1 and is emerging from the crisis as a “structural winner,” according to the Central and Eastern European ULCC’s deputy CEO.

Virgin Australia, one of the first major airlines in voluntary administration due to COVID-19, hopes for quick relaunch under new owners.

Embraer and Boeing are entering into a bitter public fight over who is responsible for the end of the proposed commercial aircraft joint venture, Boeing Brasil Commercial.

Boeing has pulled out of its $4.2 partnership deal with Embraer which was planned to give the American manufacturer a bigger stake in the narrowbody regional jet market and develop new markets for the C-390 Millennium medium airlift and air mobility aircraft.

To list an event, send information in calendar format to Amy Hardcastle at [email protected] . For a complete list of Aviation Week Network’s

LONDON—Smaller European regional carriers that have government participation or serve niche markets are the airlines most likely to emerge from the

New LCC Air Arabia Abu Dhabi (AAAD), received its Air Operating Certificate (AOC) from the UAE’s General Civil Aviation Authority (GCAA) April 23, allowing it to start operating from the UAE capital.

Mexico City-based ULCC Volaris will cut capacity by 90% in May, as it braces for the COVID-19 pandemic to peak across Latin America in the coming weeks.

The French state will grant Air France-KLM a total of €7 billion ($7.6 billion) in loans to help it weather the COVID-19 crisis, and longer-term may consider increasing its stake, the Franco-Dutch airline group said April 24.