Airlines & Lessors

By David Casey
LATAM Airlines Brasil has followed other parts of the Chilean airline group in entering Chapter 11 bankruptcy protection.
Airlines & Lessors

By Ben Goldstein
Since the passage of the CARES Act in late March, labor unions have fretted over the possibility of a mass wave of layoffs as soon as the law’s ban on involuntary payroll reductions expires Oct. 1.
Airlines & Lessors

By Victoria Moores
African countries are beginning to reopen their borders and allow airlines to resume flights, but carriers like Air Namibia, fastjet and South African Airways (SAA) are still facing stiff headwinds.
Airlines & Lessors

By Alan Dron
LONDON—Ireland-based ULCC Ryanair and cabin crew union Unite have agreed to temporary salary reductions in return for retaining jobs among the airline’s UK personnel.
Airlines & Lessors

By Alan Dron
European states are sowing confusion among travelers by failing to take a uniform approach to easing restrictions on pandemic-related air transport bans, warned representatives of the continent’s airlines and airports.
Airports & Networks

By Adrian Schofield
Hawaiian Airlines is preparing to return most of its Airbus A321neo fleet to active service as the carrier ramps up flights between Hawaii and the U.S. mainland.
Airlines & Lessors

By David Casey
The total number of scheduled seats offered by airlines around the world is on course to break the 50 million barrier next week—the first time the figure will have been achieved in more than three months.
Airlines & Lessors

By Victoria Moores
Finnair has raised €512 million ($578 million) through the issue of new shares, generating around €501 million in net proceeds after costs.
Airlines & Lessors

By Adrian Schofield
AirAsia has highlighted its efforts to raise new funds and cut costs as it seeks to reassure investors following an auditor’s report that questioned the carrier’s financial viability.
Airlines & Lessors

By Kurt Hofmann
International Airlines Group’s (IAG) long-haul LCC LEVEL France will cease operations and start consultations with staff representatives on July 15, just weeks after sister short-haul carrier LEVEL Europe announced insolvency June 19.
Airlines & Lessors

By Kurt Hofmann
Casablanca-based Royal Air Maroc will reduce its workforce by about one-third and shrink its fleet as it is reportedly losing MAD50 million ($5 million) every day because of the COVID-19 crisis.
Airlines & Lessors

By Lee Ann Shay
How WestJet is protecting aircraft from hail damage with hockey puck board and using its new operations control center to improve on-time performance.
MRO

By Ben Goldstein
Although American Airlines has been more bullish than its peers about U.S. domestic air travel recovery, that optimism does not apply to its international operations.
Airlines & Lessors

By David Casey
Jiangxi Air, the airline part-owned by Xiamen Airlines, has applied to the Civil Aviation Administration of China (CAAC) to start international operations.
Airlines & Lessors

By David Casey
A new Canadian airline is set to launch later this year that will operate scheduled passenger routes to tourist destinations in the Caribbean.
Airlines & Lessors

By Bill Carey
On April 17, Canadian Transport Minister Marc Garneau announced measures to limit the spread of the novel coronavirus that causes COVID-19, including a requirement that airline passengers wear face masks throughout their journeys.
Airlines & Lessors

By Ben Goldstein
United Airlines will notify 36,000 frontline employees this week about possible involuntary furloughs, setting the stage for a massive downsizing that could result in the loss of as much as 45% of its total workforce this fall.
Airlines & Lessors

By Alan Dron
The number of airline passengers willing to travel within months of the COVID-19 pandemic ending has fallen significantly compared to two months ago, according to an IATA survey.
Airlines & Lessors

By Kurt Hofmann
El Al Israel Airlines’ board of directors agreed to a state aid package on July 6, ending drawn-out discussions with the Ministry of Finance regarding an originally targeted $400 million state-guaranteed loan.
Airlines & Lessors

By Kurt Hofmann
Portuguese wetlease specialist Hi Fly has created extra cargo capacity by temporarily removing economy seats from the main deck of its Airbus A380 to meet higher demand for freight services amid the COVID-19 crisis.
Airlines & Lessors

By Chen Chuanren
Trading of AirAsia Group Berhad stock was temporarily halted on the morning of July 8 after auditor Ernst & Young (EY) questioned the LCC’s ability to shore up its funds to stay afloat.
Airlines & Lessors

By Alan Dron
The European Commission has given the go-ahead for the governments of Latvia and Austria to provide financial assistance to their respective flag-carriers in light of the COVID-19 pandemic.
Airlines & Lessors

By Maksim Pyadushkin
The Russian government plans to create a new airline that is expected to provide passenger services between remote regions in the country’s Far East.
Airlines & Lessors

By Alan Dron
Swiss regional carrier Helvetic Airways is deferring deliveries of its remaining seven on-order Embraer E190-E2s to 2021 and beyond, citing continuing doubts over the strength of the COVID-19 pandemic recovery.
Airlines & Lessors

Romanian LCC Blue Air has received permission from a Bucharest court to enter a form of protection from creditors as it restarts its flight schedule to European destinations.
Airlines & Lessors