Hong Kong-based Cathay Pacific has revealed new details of significant aircraft delivery deferrals, although the carrier has so far not canceled any of its extensive order backlog.
Airlines continue to seek short-term relief from lessors, but the number of requests is dwindling, and most are meeting payment obligations, senior leasing executives report.
Sky Airline is pushing ahead with plans to expand its international network from Peru despite lower passenger demand as a result of the COVID-19 crisis.
German cabin crew union UFO is recommending its members accept a preliminary crisis deal reached with Lufthansa to avoid forced redundancies despite major uncertainties about the details.
With no finance minister helming the ministry, Thai AirAsia and six other airlines are hoping to go straight to the top and meet with Thai prime minister Prayut Chan-o-cha regarding government assistance.
Vietnam Airlines is in the process of securing a VND4 trillion ($171.8 million) government loan as well as another VND8 trillion in charter capital increases as the flag-carrier predicts a VND15.1 trillion loss for 2020.
Mesa Airlines managed to eke out a $3 million net profit in the 2020 second quarter (Q2), as fixed payments from major airline partners helped the carrier overcome a historic air travel slowdown caused by the COVID-19 pandemic.
Talks over an extension to the Payroll Support Program (PSP) look set to come down to the wire in September, after negotiations toward another U.S. coronavirus aid package broke down late last week.
LCC Air Arabia slipped into the red in the first half (H1) of 2020, seeing a successful first quarter obliterated by the onset of the COVID-19 pandemic.
Ukraine International Airlines (UIA) is gradually resuming flying after a three-month shutdown, but its main hub operation at Kyiv Boryspil International has been mothballed until spring 2021.
Air Europa plans to accelerate the phaseout of its entire Airbus A330 fleet and defer delivery of additional Boeing 787s after the COVID-19 pandemic scuttled plans to restart long-haul flights.
With the return of demand for long-haul travel still unclear, Lufthansa is preparing fundamental cuts to the group’s long-haul fleet that are likely to see several types retired entirely.
United Airlines is removing seats from a host of Embraer E175 regional jets, as the carrier looks to align its future fleet with pilot scope clause restrictions ahead of planned furloughs this fall.
Last-minute meetings between Asiana’s owner and prospective purchaser Hyundai Development Corp. (HDC) will likely determine whether the acquisition deal will proceed.
As airlines around the world ramp up their flight schedules after the coronavirus shutdown, many believe the fast progress being made on developing and improving different types of COVID-19 tests may help restore passenger confidence and drive air travel demand.
A new carrier, named Greater Bay Airlines, has reportedly applied for an air operator’s certificate in Hong Kong, to become the territory’s fifth airline.
Delta Air Lines urged at least 3,000 more flight attendants to participate in voluntary leave programs to stave off furloughs this fall, as airlines look to rein in labor costs following the end of federal payroll support on Sept. 30.
