Asian Airlines suffer 98% slump in June passenger traffic
Asian airlines carried only 724,000 international passengers in June, a 98% slump from a year earlier, as restrictions on movement suppressed air travel, the Association…
South African Airways administrators, State in guarantee impasse
The administrators of South African Airways, the state-owned airline that’s in bankruptcy protection, want the government to set aside 16.4 billion rand ($998 million) that…
Airlines pledge aircraft, loyalty programs in bid to tap funding
Global airlines are pledging their brands, loyalty programs and aircraft as collateral to secure more funds in the debt markets as the coronavirus pandemic continues…
Ryanair’s O’Leary sees school reopening as key to Europe airline recovery
Kids have only just started their summer break yet Ryanair Holdings Plc Chief Executive Officer Michael O’Leary is already counting the days until they go…
Spain quarantine pushes airlines back toward the abyss
As the new British travel quarantine on Spain shows, a tentative recovery in flight bookings could quickly be snuffed out.
Ryanair says second virus wave is worst fear as losses mount
Ryanair Holdings Plc issued a stark assessment of the threat to airlines as they seek to rebound from the coronavirus crisis, saying it’s concerned that…
Singapore Airlines braces for another record loss on virus
Singapore Airlines Ltd., consistently voted one of the world’s best airlines by Skytrax, is poised for another hefty quarterly loss after the coronavirus left it…
FAA Orders Emergency Inspections of 737s Idled in Outbreak
Boeing Co. 737s that have been put in storage during this year’s pandemic are at risk of losing power in both engines and must be…
Airbus alters jet subsidies in bid to halt WTO row, U.S. tariffs
Airbus SE said it agreed to make changes to the A350 jet’s repayable launch aid from France and Spain to resolve a 16-year trade dispute…
British Airways owner gets $955 million boost from AmEx deal
British Airways owner IAG SA renewed an air-miles deal with credit-card giant American Express Co., swelling the group’s coffers as the coronavirus crisis weighs on…
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