World’s largest airlines lost $110bn in YTD revenue
The entire airline industry took a tremendous hit in 2020, with countries worldwide shutting down borders and limiting travel as a response to the COVID-19…
FlyDubai to start daily scheduled flights to Tel Aviv this month
FlyDubai will start scheduled flights between Dubai and Tel Aviv on Nov. 26 in line with strengthening ties between the United Arab Emirates and Israel…
Thai budget carrier Nok Air gets green light to restructure debt
Thai budget carrier Nok Airlines Pcl obtained court approval to proceed with a debt rehabilitation plan as it weathers a slump in passenger demand due…
Dutch back Air France-KLM bailout after pilots agree wage deal
The Netherlands has given final approval to a 3.4 billion-euro ($4 billion) bailout for the Dutch arm of Air France-KLM after pilots at the struggling…
Kuwait’s Jazeera Airways cuts jobs as virus slams travel demand
Kuwait’s Jazeera Airways Co. laid off another 200 employees in September as the coronavirus pandemic continued to hammer demand for air travel.
World’s best-performing airline stock is bankrupt Indian carrier
All airlines are feeling the coronavirus pinch but one that hasn’t flown since April 2019 after collapsing under a pile of debt is the world’s…
Garuda gets certified to carry coronavirus vaccines in Indonesia
PT Garuda Indonesia has been certified to transport coronavirus vaccines in Indonesia, the site of Southeast Asia’s largest outbreak.
Ryanair braces for deepening losses from new lockdowns
Ryanair Holdings Plc said losses are set to worsen this winter as a new wave of coronavirus lockdowns frustrates attempts to bring back flights at…
Abu Dhabi poured billions into Etihad Airways before pandemic
Abu Dhabi’s government has stumped up around $22 billion for Etihad Airways since it began flying in 2003, underscoring the ambition of the oil-rich emirate…
These are the airlines teetering on the brink of covid ruin
Having a home government with deep -- and open -- pockets is emerging as key in terms of whether an airline will make it through…
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