SAS raising $1.3 billion to fund carrier’s survival strategy
Scandinavian airline SAS AB will raise 12 billion kronor ($1.28 billion) from investors including Sweden and Denmark as it battles to survive a slump in…
Airbus braces for job cuts on prolonged virus downturn
Airbus SE is meeting with European labor unions this week as it prepares to slash thousands of jobs and scale back its planemaking operation for…
Summer flight-corridor plans spur rebound in airline capacity
Airlines this week added the most seats since the coronavirus outbreak began, spurred by expectations that demand will increase during the Northern Hemisphere summer and…
Ethiopian welcomes back business and leisure customers with emphasis on wellness
With the easing of travel restrictions across the globe, Ethiopian announced that it’s happy to welcome back business and leisure travelers with programs aimed at…
United Airlines resuming service between San Francisco and Shanghai
New flight will connect U.S. West Coast and more than 30 cities to Shanghai beginning July 8
South Africa wrangles with unions over airline overhaul plan
South Africa’s Department of Public Enterprises announced its withdrawal from a panel that was established to facilitate talks with the troubled national airline’s workers about…
U.S. FAA confirms Boeing 737 Max test flights set to begin
U.S. aviation regulators have approved a critical set of test flights on the Boeing Co. 737 Max to begin as soon as Monday after reviewing…
British Airways Reaches Deal to Cut 350 Pilots
British Airways, a unit of International Consolidated Airlines Group, will cut 350 pilots and put another 300 in a “pool” for re-hire when needed as…
U.S.-EU discord imperils rebound in prime Trans-Atlantic flights
A delay in opening up travel between the U.S. and the European Union would stunt a rebound in trans-Atlantic flights that are the industry’s biggest…
Air France-KLM’s $3.8 Billion Dutch Aid Comes With Strings
Air France-KLM’s Dutch arm will get a 3.4-billion-euro ($3.8 billion) bailout from the Netherlands, bringing the group’s state-aid total to 10.4 billion euros and tying…
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