Airlines & Lessors

By Victoria Moores
The European Commission has approved a €199 million ($236 million) grant from the Italian government to Alitalia, aimed at offsetting losses caused by the COVID-19 outbreak, although two earlier state-aid investigations are continuing.
Airlines & Lessors

By Adrian Schofield
Reopening borders will be the key to international recovery, but most countries are reluctant and criteria are uneven, airline CEOs say.
Airlines & Lessors

By Aaron Karp
Air Lease Corporation chairman Steven Udvar Házy is encouraging Boeing to publicly refer to the 737 MAX by its more formal numerical designations, such as the 737-8 and 737-9, calling the name “MAX” a “clear liability.”
Airlines & Lessors

By Ben Goldstein
United Airlines announced plans to operate 40% of its year-ago schedule in October, up from 34% in September, but still less than American Airlines and Delta Air Lines.
Airlines & Lessors

By Sean Broderick
De Havilland of Canada has secured Transport Canada (TC) extensions for its “simplified package freighter” conversion approvals and is working on getting permanent certification of a modification package, the company said.
Airlines & Lessors

By Alan Dron
ULCC Wizz Air plans to start domestic services in Italy.
Airlines & Lessors

By Victoria Moores
South African carrier Comair is aiming to resume flights in December if stakeholders approve a ZAR500 million ($30 million) equity injection in return for 99% ownership of the company.
Airlines & Lessors

By Victoria Moores
Icelandair Group will hold a shareholders’ meeting on Sept. 9 to secure the final go-ahead for an ISK20-23 billion ($143-165 million) capital increase, although the financial impact of COVID-19 has not been as severe as originally anticipated back in May.
Airlines & Lessors

By Chen Chuanren
To better manage operational costs and increase reliability of services, LCC Vietjet Air has started its own ground handling operations at Hanoi Noi Bai International Airport (HAN).
Airlines & Lessors

By Helen Massy-Beresford
While Virgin Atlantic has completed the financial and legal steps required to begin its COVID-19 recovery, the airline is moving forward with plans to cut a further 1,150 jobs.
Airlines & Lessors

By Ben Goldstein
The chief executive of the top U.S. airline lobby called on federal lawmakers to promptly approve more industry aid, telling reporters the situation facing carriers remains “dire” as the summer leisure travel season draws to a close.
Airlines & Lessors

By Victoria Moores
Irish LCC Ryanair has raised €400 million ($473 million) by issuing new shares and is on the lookout for chances to gain market share as rivals retrench or go out of business.
Airlines & Lessors

By Lori Ranson
JetSMART Chile plans to expand its operations by 25% this month compared with August, adding new routes as it works to craft an optimal network with the COVID-19 pandemic ongoing.
Airports & Networks

By Adrian Schofield
Virgin Australia’s creditors have voted to approve the airline’s sale to Bain Capital, clearing the way for the carrier to emerge from voluntary administration.
Airlines & Lessors

By David Casey
Airlines, airports and lobby groups have called on the U.S. and UK governments to start trialing COVID-19 testing programs at airports to help kickstart transatlantic traffic.
Airlines & Lessors

By Kurt Hofmann
Eurowings said it continues to face weak demand, especially since Germany announced Sept. 2 it was extending its Spanish travel warning to cover the Canary Islands.
Airlines & Lessors

By Ben Goldstein
Air Canada and the Greater Toronto Airports Authority have launched a voluntary COVID-19 testing study at Toronto-Pearson International Airport (YYZ) in a bid to convince the Canadian Government to adopt a more science-based approach to its 14-day quarantine requirement for international arrivals
Airlines & Lessors

By Helen Massy-Beresford
European airlines and airports have agreed on a set of conditions which they contend will allow for the waiver of the 80/20 slot rule to remain in place through the 2020-2021 winter season—part of a united effort to lobby the European Commission (EC) to decide on the extension.
Airlines & Lessors

By Ben Goldstein
Southwest Airlines will double its presence at Southern California’s Long Beach Airport (LGB), after receiving 17 new slots that were recently relinquished by JetBlue Airways.
Airlines & Lessors

By Kurt Hofmann
Scandinavian Airlines (SAS) bondholders have now approved the conversions of hybrid notes and bonds into equity, a key step in the airline’s recapitalization that it needs to close to ward off the threat of bankruptcy.
Airlines & Lessors

By Adrian Schofield
Air New Zealand senior executive Cam Wallace, effectively the carrier’s second-in-command, has announced his decision to leave the airline.
Airlines & Lessors

By Helen Massy-Beresford
Air France has tested all-electric ramp-handling equipment for the first time ahead of an Airbus A350 flight from Paris to Delhi as part of broader sustainability efforts, which include making its ground operations carbon neutral by 2030.
Airlines & Lessors

By Adrian Schofield
While Singapore has been a leader in reopening its borders to some international travel, most other Asia-Pacific nations are moving much more slowly, Scoot CEO Campbell Wilson said.
Airlines & Lessors

By Helen Massy-Beresford
The air cargo sector’s volumes and yields continued to close the gap with pre-pandemic performance in August, analysis by air cargo sector specialist CLIVE Data Services showed, after IATA said July data had also showed improvements.
Airlines & Lessors

By Kurt Hofmann
Turkish Airlines and the Turkish civil aviation union Hava-İş agreed to adapt the staff’s collective labor agreement resulting in temporary pay cuts between 30 to 50% for its employees, but will avoid layoffs.
Airlines & Lessors