Dart Group, the parent company of UK leisure airline Jet2, has been approved for a £300 million ($363 million) government-backed loan under the Bank of England’s COVID Corporate Financing Facility (CCFF).
Israeli carrier El Al has warned it may not be able to continue as a going concern if it fails to secure a state-guaranteed $400 million loan from its lenders.
Welcome to Routes’ look at how the North American aviation market is responding to the COVID-19 pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
BEIJING—Spring Airlines will set up a base at Xiamen, expanding its presence at the southeastern Chinese city and aiming at Northeast and Southeast Asian markets.
The continuing economic effects of the pandemic has led to ULCC Ryanair announcing more than 250 job losses in its head office in Dublin, together with its locations at London Stansted, Madrid and Wroclaw, Poland.
Delta Air Lines is resuming two passenger services to Frankfurt (FRA) and London Heathrow (LHR) from May 21 for the first time since flights were suspended because of the COVID-19 pandemic.
American Airlines continues to expand its all-cargo international flight schedule to move medical supplies, personal protective equipment (PPE), perishables and other time-sensitive freight around the world.
Korean Air predicts losses seen in the 2020 first quarter (Q1) will continue though the current quarter, although there are some positive signs for passenger demand emerging.
Brazil’s Azul Airlines intends to use the recent agreement it reached with Embraer to defer 52 E2s as a blueprint for discussions with other suppliers, including Airbus.
The COMAC ARJ21 regional jet will enter service with its third operator on May 16, following the handing over of one aircraft of the type to Jiangxi Air.
Cathay Pacific is accumulating huge losses as almost all of its flights remain suspended because of COVID-19, and the Hong Kong-based carrier sees little prospect of improvement in the near term.
Singapore Airlines (SIA) is not expecting its capacity to fully recover for the next 12-18 months and is readjusting its fleet expansion strategy accordingly.
Welcome to Routes’ look at how the Latin America aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
SkyWest Airlines will see its Delta Air Lines regional fleet reduced by 55 Bombardier CRJ-200s, as carriers look to downsize their regional operations amid the COVID-19 pandemic.
Emirates plans to resume scheduled flights to nine destinations next week, as well as offering connections for passengers traveling between the UK and Australia.
GOL Linhas Aéreas is to reopen bases in Brazil at Foz de Iguacu (IGU), Navegantes (NVT) and Maringa (MGF) in May as the carrier seeks to restore services that were suspended because of the COVID-19 pandemic.
U.S.-based lessor Aircastle has posed a $34.2 million 2020 first quarter (Q1) net loss, driven by $34.8 million in costs related to its acquisition by Japanese investor Marubeni Corp. and Mizuho Leasing, which closed in March.
Delta Air Lines will remove its Boeing 777s by year-end, further streamlining its fleet and bracing for a long recovery for long-haul passenger demand amid the COVID-19 pandemic.
The Russian government has provided RUB23.4 billion ($316.5 million) in subsidies to local airlines to cover COVID-19 losses, the country’s Federal Air Transport Agency Rosaviatsiya said May 14.
