The rebound in domestic travel in Japan has been one of the most impressive in the Asia-Pacific region, and the government is taking steps to try and keep the momentum going.
While Hawaiian Airlines is raising financing to ensure its survival in the short-term, it is also looking further ahead at what changes will be needed to adjust to the long-term industry outlook.
JetBlue has tapped Pratt & Whitney to maintain its newer IAE V2500 engines under a 13-year, fixed-price agreement, the last maintenance-related piece in a series of sweeping cost-reduction moves.
One of the main unions representing British Airways (BA) cabin crew has said it is “moving towards industrial action with immediate effect” as the airline continues with plans to cut its workforce.
JetBlue Airways is capitalizing on the worst downturn in air travel history to reinforce its New York and Los Angeles focus cities, part of a plan to emerge from the COVID-19 crisis with an enhanced competitive profile on both U.S. coasts.
Business rescue practitioners acting for South African Airways (SAA) have secured stakeholder clearance for a final element of their business rescue plan, leaving only a few administrative details outstanding.
Spanish LCC Volotea has agreed to a syndicated loan of €150 million ($176 million) to help meet its operational and financial needs following three months of “hibernation” caused by the COVID-19 pandemic.
Asia-Pacific carriers face a bleak second half of 2020 following a precipitous drop in international traffic in the second quarter, according to the region’s major airline industry group.
Chinese carriers OK Airways, Qingdao Airlines and Ruili Airlines have banded together to introduce an unlimited weekend travel pass that can be used across the three airlines.
Canadian airline Air Transat restarted commercial operations July 23, resuming a bare-bones schedule of six routes following a 112-day shutdown forced by the COVID-19 pandemic.
Etihad Airways plans to make possession of a negative COVID-19 certificate a compulsory part of passengers’ documentation when traveling to or from the company’s Abu Dhabi base.
Embattled African LCC fastjet is being forced to delist its shares as its funding troubles threaten to reach crisis point, and is facing a challenge over its stake in South African carrier FedAir.
ULCC Ryanair said it could not rule out further redundancies or pay cuts if the economic situation caused by the COVID-19 pandemic worsens this winter.
LONDON—A sudden upsurge in COVID-19 cases led the UK government to reimpose quarantine measures on travelers arriving from Spain, bringing fresh confusion to airlines and passengers.
Southwest Airlines will refrain from laying off workers or cutting pay rates and benefits through year end, despite persistently weak customer demand caused by the COVID-19 pandemic.
Regional aircraft lessor Nordic Aviation Capital (NAC) has used 236 aircraft as security for its $6 billion debt-restructuring program, which was approved by the Irish High Court July 21.
International Airlines Group (IAG) is considering a €2.75 billion ($3.2 billion) rights issue to strengthen its finances as the coronavirus crisis continues.
The Belgian Federal Government and Lufthansa have negotiated an agreement that secures the near-term future of Brussels Airlines amid the COVID-19 pandemic.
