Air Freight News
Lufthansa’s $6.7 billion German recapitalization gets EU nod
Deutsche Lufthansa AG won European Union approval for Germany’s 6 billion-euro ($6.7 billion) recapitalization that Irish rival Ryanair Holdings Plc says it will sue to…
EasyJet bolsters liquidity by raising $520 million in share sale
EasyJet Plc raised about 419 million pounds ($520 million) in a share sale, padding its coffers for the gearing up of flights as the European…
Lufthansa’s 6 billion-Euro German recapitalization gets EU nod
Deutsche Lufthansa AG won European Union approval to receive a 6 billion-euro ($6.75 billion) recapitalization from the German government, hours before shareholders vote on the…
Qantas may actually benefit from the coronavirus
With its near monopoly in the domestic market, the carrier is in a good position as aviation recovers.
Qantas to raise $1.3 billion and cut 6,000 jobs to survive virus
Qantas Airways Ltd. will raise as much as A$1.9 billion ($1.3 billion) and cut at least 6,000 jobs as the coronavirus pandemic continues to keep…
American Airlines boosts junk bond again to $2.5 billion
American Airlines Group Inc. increased its junk bond offering for a second time raising it to $2.5 billion from $2 billion earlier, according to people…
Lufthansa’s biggest investor to back Government bailout deal
Deutsche Lufthansa AG’s biggest shareholder said he’d vote in favor of a 9 billion-euro ($10 billion) government bailout, giving the measure a shot of momentum…
American Air pilots want US to buy plane seats for spacing
American Airlines Group Inc.’s pilots called on the U.S. government to pay for enough jetliner seats to enable social distancing during the coronavirus pandemic, saying…
Digital innovation supports aviation partnerships and post COVID-19 industry recovery
Routes’ digital platform Route Exchange is helping to play an important role in the recovery of the aviation industry as airlines and airports around the…
American Airlines mulls boosting junk bond deal to $2 billion
American Airlines Group Inc. is considering increasing the size of its junk bond offering to $2 billion, up from the $1.5 billion initially discussed, according…