Norwegian Air Shuttle has won shareholder approval to convert a large slab of debt to equity, a result that makes the ULCC eligible to receive more financial aid from the Norwegian government.
Welcome to Routes’ look at how the North American 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.
The European Commission has approved the French state’s €7 billion ($7.7 billion) package to help Air France-KLM withstand the COVID-19 crisis, saying the plans comply with EU state aid rules and praising the decision to link the funding to environmental targets.
SINGAPORE—The governments of Australia, Canada, New Zealand, Singapore and South Korea are developing guidelines for the resumption of “essential” air travel as well as maintaining smooth and open supply chains with each other.
The Thai State Enterprise Policy Committee (SEPC) has approved a THB58 billion ($1.8 billion) loan for Thai Airways as the debt laden flag-carrier grapples with prolonged travel disruption from the COVID-19 outbreak.
The U.S. major airlines are holding firm to their fleet modernization plans, reflecting a view that efficiency will be key in the recovery from the COVID-19 pandemic.
Ryanair Holdings is expecting a net loss of over €100 million ($110 million) for its fiscal first quarter (Q1), with further losses during the peak summer season—a direct effect of the precipitous decline in traffic caused by the COVID-19 pandemic.
The last McDonnell Douglas MD-88 and MD-90 jetliners will disappear from U.S. skies by summer, as Delta Air Lines prepares to retire both types in June.
Avianca has operated its first cargo flight between Colombia and China using a Boeing 787-8 passenger aircraft reconfigured to carry general cargo and medical supplies.
LONDON—British Airways (BA) could pull out of London Gatwick Airport (LGW) as part of plans to downsize operations once the COVID-19 pandemic subsides.
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.
COVID-19 has ended Spring Airlines’ year-long run of double-digit quarterly profit increases as China’s largest LCC recorded a CNY227 million ($32 million) loss for Q1 2020.
Troubled Hainan Airlines managed to get back into the black for fiscal 2019, posting a net profit of CNY543 million ($77 million) as it was kept afloat by a series of asset disposals.
American Airlines is seizing on the downturn posed by the COVID-19 pandemic to streamline its fleet structure, announcing plans to retire five separate fleet types spanning 99 airliners.
Three more U.S. carriers announced plans to require all passengers wear face coverings in the cabin, as calls in the U.S. Congress for a national policy gathered steam in light of the continued COVID-19 pandemic.
At least 20 entities are interested in bidding for Virgin Australia and the administrator for the airline expects the sale process to be completed by the end of June.
France’s economy minister has told Air France to drastically reduce its emissions in return for the €7 billion ($7.6 billion) in loans the French state has promised the Air France-KLM group to help it survive the COVID-19 crisis.
Lufthansa subsidiary Austrian Airlines said April 29 that it needs €767 million ($833 million) in financial assistance from the state to survive the COVID-19 crisis.
Welcome to Routes’ look at how the Asia-Pacific 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.
