Ethiopian extends solidarity to Africans amid global crisis, delivers emergency medical supplies
Ethiopian Airlines, the Pan-African carrier, has delivered medical supplies donated by Jack Ma, the founder of China’s e-commerce giant Alibaba, to 39 African Countries within…
BARIG appeals in Corona-crisis: Politics must widely support airlines’ efforts to secure liquidity
COVID-19-pandemic poses a high liquidity threat to the aviation industry; Reimbursement obligation must be temporarily suspended
EasyJet Grounds Fleet, Plans to Build Buffer Against Virus Blow
EasyJet Plc grounded its entire fleet after completing customer-repatriation flights, and said it’s in talks to build a cash cushion to see it through the…
Airlines Raise More Than $17 Billion From Banks in Weeks
Airlines worldwide raised more than $17 billion in bank loans in March to shore up their finances amid the coronavirus outbreak.
Thai Airlines to Seek $491 Million Government Bailout, Post Says
Seven airlines in Thailand are set to start talks with the Finance Ministry for a 16 billion baht ($491 million) bailout, the Bangkok Post reported.
CEO Doug Parker On What the CARES Act Would Mean for American
In a video shared with team members, American Airlines CEO Doug Parker discusses how the Coronavirus Aid, Relief, and Economic Security (CARES) Act is expected…
American Airlines adds more schedule suspensions in response to COVID-19
April and May capacity will be reduced, travel wavers for flight changes
Southwest Airlines Says It’s Losing ‘Big Money’ on Every Flight
Southwest Airlines Co. is losing “big money” on every flight, raising the risk of worker furloughs in the longer-term despite billions of dollars in immediate…
Singapore Air Drops on $6.2 Billion Capital Raise to Fight Virus
Singapore Airlines Ltd. shares fell after the carrier unveiled a plan to raise about S$8.8 billion ($6.2 billion) to contend with the devastating impact of…
Activist fund offers to buy Delta’s 15% stake in Hanjin Kal
The activist fund that’s become Hanjin Kal Corp.’s single largest shareholder said it proposed to buy all the South Korean company’s shares held by Delta…
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