Qatar Airways and Standard Chartered bank announced April 14 that they have signed a deal for $850 million to help fund the purchase of seven Boeing 787-9s.
European nations have agreed to allow the Civil Air Navigation Services Organisation (CANSO), which represents air navigation service providers (ANSPs), to take out loans of up to €1.27 billion ($1.39 billion) to get its members through the COVID-19 crisis.
With the global recovery in air traffic demand expected to last up to several years, airlines that survive will likely emerge from the COVID-19 crisis as smaller businesses operating leaner and more efficient fleets.
Oneworld member Finnair and Star Alliance connecting partner Juneyao Air are looking to establish a joint venture (JV) between their two main hubs—Helsinki and Shanghai—strengthening their existing partnership.
The European Commission (EC) has given the go-ahead for the Swedish government’s plans to provide SEK5 billion ($500 million) of support to airlines affected by the COVID-19 pandemic.
Lufthansa and Turkish Airlines joint-venture airline SunExpress will switch 18 of its Boeing 737-800 passenger aircraft to freight operations while passenger flights remain suspended because of the COVID-19 pandemic.
The latest version of the Boeing 737 MAX master minimum equipment list (MMEL) corrects a conflict between the original MMEL’s allowances and pilot troubleshooting steps that allowed flights with no functioning autopilot, even as a checklist calls for autopilot engagement to correct flight-control issue.
Central and Eastern European LCC Wizz Air has announced 1,000 job redundancies and pay cuts that will last until March 2021, in preparation for the wider financial impact of COVID-19.
Updated Boeing commercial airliner figures for 2020 through March reveal dramatic order cancellations and reduced deliveries as the air transport market continues to nosedive in the wake of the coronavirus pandemic.
Kazakhstan airlines have lost KZT235 billion ($549 million) as a result of the COVID-19 pandemic so far, the country’s Ministry of Industry and Infrastructural Development said April 13.
PARIS—Air France-KLM is reportedly hoping to negotiate state-backed loans worth €10 billion ($11 billion) to help it survive the COVID-19 crisis that has cut its activity by around 90%.
Mitsubishi Aircraft is maintaining flight testing of a SpaceJet prototype at its Nagoya, Japan headquarters as pandemic-control measures prevent activity at its U.S. test base.
Welcome to Routes’ weekly look at how the Middle East and African aviation markets are responding to the COVID-19 pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
Encumbered by a poor fourth quarter, independent Chinese carrier Juneyao Airlines saw its 2019 total net profit slide 19.3% year-on-year (YOY) to CNY994.5 million ($142.3 million).
