Airlines & Lessors

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.

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.

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.

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.

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.

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.

Five more U.S. carriers agreed to tentative terms granting them access to an airline loan program set up by the U.S. Treasury as part of the CARES Act stimulus law.

Poland’s flag carrier LOT Polish Airlines has launched two routes from Budapest, Hungary, connecting it to two new markets for the airline.

U.S. Senator Jeff Merkley (D-Oregon) vowed to introduce a bill blocking the sale of middle seats on domestic flights during the COVID-19 pandemic, following a viral selfie snapped by the lawmaker on a packed American Airlines flight.

Air Arabia Abu Dhabi will start operations on July 14 with flights connecting the capital of the United Arab Emirates (UAE) with Alexandria and Sohag in Egypt.

The COVID-19 crisis has shaken up the whole of the air transport industry—and for some of the major domestic markets in Europe, the changes in landscape could be permanent.

Korean Air has selected a buyer for its inflight catering and duty-free business as part of measures to improve liquidity and meet debt obligations.

AirAsia Group has posted a net loss of MYR953.3 million ($223 million) for Q1 of 2020, the largest loss the company has recorded since its listing in 2004.

Most airlines in the region want to defer deliveries due this year, and early widebody retirements are also planned.

U.S. airlines are pushing ahead with plans to ramp up capacity this summer, as competition heats up over a modest rebound in domestic travel demand.

JetBlue Airways and its pilots struck an agreement that will remove the possibility of involuntary furloughs through May 1, 2021, the first deal of its kind at any U.S. airline during the COVID-19 crisis.

Flights between Sydney (SYD) and Melbourne (MEL), the world’s second busiest route in 2019 by number of departures, are to be scaled back following a spike in the number of novel coronavirus cases.

With the COVID-19 crisis putting massive financial pressure on airlines, several major Asia-Pacific carriers are deferring aircraft orders as one of

The UK government has published a list of countries from which international arrivals to England will not have to self-isolate, including France, Greece, Italy, Spain and other popular tourist destinations.

Korean Air has been cleared to seek additional financing from a new government assistance fund that should help the carrier stay afloat through the COVID-19 crisis.

Air France plans to cut 6,560 jobs by the end of 2022, with a further 1,020 to go from its regional subsidiary HOP! through fleet simplification and restructuring.

Portugal has become the latest European government to back its largest airline after increasing its existing stake in TAP Air Portugal from 50% to 72.5%.

The air transport industry welcomed a change in calculating emissions offsets; environmental campaigners are not convinced.

WASHINGTON—Five U.S. airlines have agreed to tentative terms that will net them access to a U.S. Treasury loan program set up to support business during the COVID-19 pandemic.

Alaska Airlines is steadily reducing its cash burn and is on track to be back in the black sometime in 2021, Alaska Air Group president and CEO Brad Tilden said.