Singapore has launched an inoculation plan for 20,000 frontline aviation workers, including airline crew, ground handlers and airport staff, as part of its Sea–Air Vaccination Exercise (SAVE).
Aircraft lessor Avolon and consultancy firm IBA have each issued 2021 forecasts and both predict a regionally fragmented recovery, depending on the pace of COVID-19 vaccine rollouts.
France and the Netherlands are holding discussions to resolve their differences over how they should approach a planned recapitalization for Air France-KLM to get through the COVID-19 crisis.
Canada’s Conair Group has bought 11 De Havilland Canada Dash 8-400 aircraft formerly operated by UK-based regional carrier Flybe for conversion to airtankers.
Central and Eastern European carrier Wizz Air is set to issue its first bonds, adding a further €500 million ($607.5 million) to its already strong liquidity position.
A new $1.5 billion leasing platform called KLA Aviation Finance is being formed, through a strategic partnership between opportunistic investor Kennedy Lewis and aircraft management specialist Arena Aviation Capital.
Spanish LCC Volotea ended commercial operations with its remaining eight Boeing 717-200 on Jan. 10 after nearly a decade of service with the Barcelona-based carrier.
South Korean LCC Eastar Jet has become the latest carrier to launch a rehabilitation process through the bankruptcy court in an effort to emerge with stronger financial backing.
A 51% stake in Tel Aviv-based Israir Airlines has been sold to BGI Investments, a firm controlled by supermarket tycoon Rami Levy and food trader Shalom Haim.
France has set out new stricter travel measures in an attempt to slow the spread of the coronavirus, requiring arrivals to the country from outside the EU to take a COVID-19 test both before departure and after a period of self-isolation on arrival.
Delta Air Lines sees profitability on the horizon this summer once market conditions respond to widespread vaccine distribution and growing consumer confidence in air travel.