Airlines & Lessors

South American operator Avianca Holdings has hit a stumbling block in its Chapter 11 restructuring after a Colombian court issued an injunction against a $370 million loan the country’s government has offered to the company.

Eastar Jet appears to be making progress in its talks to find a new purchaser that could see the heavily indebted South Korean LCC return to the skies.

China’s Spring Airlines took delivery of its first Airbus A321neo at the Airbus Tianjin Delivery Center on Sept. 18.

RwandAir will not take delivery of two Airbus A330neo or two 737 MAX 8 as had been planned any time soon as the Rwandan flag-carrier must first restore its network and simplify its fleet.

The collapse of Asiana and Eastar Jet acquisition deals signal restructuring for both airlines, while new LCCs face launch challenges.

Leasing companies are helping airlines raise cash and realign their fleets.

Southwest Airlines is correcting inaccurate weight data for 115 Boeing 737-800s after discovering a 75 lb. discrepancy between what its dispatch team had and the actual figures.

Southwest Airlines is taking an axe to its November schedule, despite observing moderately improved demand trends in recent weeks.

One of the unions representing British Airways (BA) cabin crew and ground staff has accused the airline’s CEO of misleading parliamentarians over whether staff will be subject to “fire and re-hire” tactics at the company.

International flights to and from South Africa will resume Oct. 1, the country’s president Cyril Ramaphosa has announced.

Elected leaders of the union representing United Airlines pilots unanimously approved a tentative deal that would take nearly 3,000 involuntary furloughs off the table through June 2021, substantially upping the likelihood that pilots will avoid mass furloughs planned across the company this fall.

AirAsia Japan plans to suspend all flights from the beginning of October as the impact of the COVID-19 crisis continues to dampen passenger demand.

A post-Labor Day wind-down, combined with a looming payroll support funding cliff, sets air transport sector up for an uncertain fall.

In a normal year, September marks the month when U.S. carriers enter their off-peak period. But 2020 has been anything but normal.

Shareholders at Russian carrier Aeroflot have approved plans to issue up to 1.7 billion new shares to help the company weather the COVID-19 crisis.

Icelandair Group is now anticipating a $363 million EBIT loss for 2020 and a further $43 million loss in 2021, before climbing back to profitability in 2022 and building to a $175 million positive EBIT by 2024.

József Váradi was one of the founders of Wizz Air in 2003. He previously worked at Procter & Gamble for 10 years and then Malév Hungarian Airlines. He

Italian CAA ENAC has called a meeting with Irish LCC Ryanair to discuss reports that the airline may not be fully complying with national COVID-19 mitigation measures.

Air New Zealand plans to make further significant cuts to its international flight attendant workforce as it switches more passenger flights to cargo-only.

South Korean start-up LCC Aero K plans to begin operations In October following significant delays caused by the COVID-19 pandemic.

Air Malta issued a local and international call on Sept. 14 for applications to fill its CEO vacancy.

Lufthansa CEO Carsten Spohr told employees to expect deeper cuts to staff levels and the group’s fleet as the recovery of air travel will take much longer than originally anticipated.

The former Iberia boss takes over at IAG during a critical moment for the group and the aviation industry.

With grim outlooks abounding that commercial aerospace will not see pre-pandemic growth levels until today’s kindergartners are maybe in junior high school, it is hard to find bullishness in the sector.

Delta Air Lines CEO Ed Bastian pledged that flight attendants and ground staff will completely avoid involuntary furloughs this fall, although cuts remain on the table for nearly 2,000 pilots.