All Nippon Airways (ANA) Holdings has significantly cut its estimated profit for its fiscal year that ended March 31, attributable to a decrease in revenue linked to the COVID-19 pandemic.
Icelandair Group is to issue new shares and press ahead with union and supplier negotiations as part of its financial restructuring triggered by the COVID-19 outbreak.
Emirates' latest COVID-19 safety measures give a shocking glimpse of what post-lockdown travel could look like, with ground and cabin crew wearing full protective clothing and a ban on large items of hand luggage.
The Securities Investors Association (Singapore) (SIAS) has submitted a list of queries to the board of Singapore Airlines (SIA) prior to the carrier’s emergency general meeting (EGM) on the S$15 billion ($10.5 billion) cash call proposal to raise funds for the airline amid the COVID-19 crisis.
Taiwan’s China Airlines has come to an agreement with its union to begin salary cuts for all employees starting from May 1 as its interim Q1 figures show revenue dipping amid the COVID-19 crisis.
As airlines and airports around the world respond to the challenges created by the COVID-19 pandemic, Routes looks at the current state of the global aviation market.
Welcome to Routes’ weekly look at how the Middle East and African aviation markets are responding to the COVID-19 pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.
The European Commission has approved a Danish state guarantee of up to €137 million ($149 million) for Scandinavian Airlines (SAS), ruling that the funding is in line with EU state-aid rules.
Virgin Australia has entered voluntary administration and the airline’s management is proposing to keep as much of the airline intact as possible when it reemerges under a new ownership structure.
The U.S. Transportation Department (DOT) granted Hawaiian Airlines a waiver to temporarily cease flying to eight mainland markets, agreeing that travel restrictions imposed by Hawaii’s governor make most service to the mainland unfeasible.
Norwegian Air Shuttle said its pilot and cabin crew subsidiaries in Sweden and Denmark were filing for bankruptcy, in the latest casualty of the COVID-19 crisis.
United Airlines warned of an estimated $2.1 billion pre-tax loss in the 2020 first quarter (Q1) and said it plans to seek up to $4.5 billion in additional loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Virgin Group chairman Richard Branson is saying Virgin Atlantic and Virgin Australia will need government support if they are to survive the COVID-19 crisis and keep competition alive in markets that would otherwise become effective monopolies.
National trade unions are protesting plans to lay off the entire South African Airways (SAA) workforce after the South African government declined to provide further financial support for the flag-carrier.
