The UK Civil Aviation Authority (CAA) has approved a request from Pakistan International Airlines (PIA) to reinstate flights to Birmingham (BHX) and Manchester (MAN) on board aircraft chartered from Hi Fly.
United Airlines is offering flight attendants the option to remain active employees while waiting for demand to return, in an effort to reduce the number of involuntary furloughs expected once CARES Act payroll support expires Oct. 1.
Icelandair has pushed back the time line for its planned ISK20-23 billion ($147–$169 million) share offering to September, as the carrier continues to finalize a state-backed credit facility and secure shareholder approval for the capital increase.
Ryanair plans to cut its flight capacity by 20% in September and October, citing waning forward bookings attributable to uncertainty over COVID-19 case rates in some EU countries.
UK LCC easyJet is to close three UK bases at London Southend, London Stansted and Newcastle after ending redundancy consultations with pilots’ union BALPA, triggering further potential redundancies at airports operator and ground handling provider Stobart Group.
International Airlines Group (IAG) has phased out the last of Iberia’s Airbus A340s and begun retiring British Airways’ (BA) entire Boeing 747-400 fleet, the group reported Aug. 17.
The Swedish National Debt Office has rejected Norwegian Air Shuttle’s loan-guarantee application, putting further pressure on the cash-strapped carrier, while Scandinavian Airlines (SAS) has separately secured EU approval for its state-backed refinancing plan.
Scandinavian Airlines (SAS) is aiming to complete its revised SEK14.25 billion ($1.64 billion) recapitalization by November, after providing fresh terms to appease commercial investors who balked at the company’s original proposal.
Ireland-based carrier CityJet is seeking new opportunities in the European regional market, following its exit last week from the country’s examinership process, the local equivalent of Chapter 11.
Japan’s two major airlines are continuing to trim down their domestic schedules as a second wave of COVID-19 cases dampens the country’s demand rebound.
UK LCC easyJet has raised £608 million ($796 million) from the sale and leaseback of 23 Airbus A320 family aircraft, increasing its fundraising total to over £2.4 billion since the COVID-19 crisis took hold.
The Singaporean government will support local airlines with another S$187 million ($136 million) in relief to tide over the aviation sector to March 2021 as the COVID-19 pandemic drags on.
Delta Air Lines is on track to test its entire workforce for COVID-19, as the carrier looks to reassure passengers about the safety of flying during the COVID-19 pandemic.
Despite positive signs for a recovery in domestic demand, Brazil’s Azul has reached a deal with its lessors for a significant reduction in payments for 2020 and plans to defer more than 80 aircraft deliveries to 2024 and beyond.
Alaska Airlines sees its 2020 third-quarter (Q3) capacity improving to half of its corresponding 2019 level, incrementally restoring flights while other U.S. carriers trim their schedules.
As Europe gets back to work after the traditional summer break, Air France-KLM CEO Ben Smith will be rolling up his sleeves for the next phase of plans to revamp Air France—plans which have become even more important since the COVID-19 crisis.
Trading of Thai Airways’ shares was suspended Aug. 14 after auditors declined to sign off on the carrier’s 2020 first half (H1) statements, citing “material uncertainty” from the lack of liquidity and mounting debts which may affect the value of assets and liabilities.
Cathay Pacific is the latest Asia-Pacific carrier to scale back its capacity recovery plans as COVID-19 infections spike in different parts of the region.
New Zealand’s airlines are cutting back domestic services after travel restrictions were extended because of a resurgence of coronavirus cases within the country.
