LONDON—UK-based lessor and asset management specialist Falko Regional Aircraft will add 11 Bombardier CRJ900 regional jets to its portfolio in a sale and leaseback deal with Delta Air Lines.
LYON, France—Airbus’ announcement June 30 that it would cut 15,000 positions in response to the current crisis has caused an uproar in France, where 5,000 cuts are planned.
Aeromexico became the latest Latin American airline to seek Chapter 11 bankruptcy protection in the U.S., as the region’s carriers struggle to remain solvent in in the absence of federal government support.
FRANKFURT—IATA warns that a recent rise in COVID-19 cases has already weakened bookings in the second half of June and could severely impact the expected recovery of air travel.
UK-based Virgin Atlantic said July 1 that it was continuing to work on “a comprehensive, solvent recapitalization of the airline” to ensure it could continue to provide “essential connectivity and competition” for consumers and businesses.
As the aviation industry searches for ways to make passengers feel safer in the COVID-19 environment, one innovation company is looking beyond cabin hygiene and new seat designs with barriers.
Acro Aircraft Seating CEO Neil Cairns joined the company March 9, just as the world was bracing for the impact of the COVID-19 pandemic. In the face of a rapidly changing industry, Acro is working to identify cost-effective and sustainable changes to seating design and development.
LONDON—UK ULCC easyJet plans to make more than 700 pilots redundant and close three of its British bases as it downsizes in the face of the novel coronavirus crisis.
When it comes to traveling on flights over eight hours, sleep is the “single most important thing” to a passenger, according to Zephyr Aerospace founder and CEO Jeff O’Neill.
Dubai Aerospace Enterprise (DAE) has granted lease-payment deferrals to a further four customers and is evaluating another 28 requests, taking the total number of approaches to at least 58.
Ryanair has resumed operating over 1,000 daily flights across Europe, about 40% of its normal July capacity, as it returned to flying July 1 following the COVID-19 crisis.