Air Freight News
Virgin Australia bondholders in talks with Hogan Lovells
International law firm Hogan Lovells is holding discussions with some bondholders of distressed airline carrier Virgin Australia, ahead of a first creditors meeting set for…
ANA reports quarterly loss, scraps dividend with traffic halted
ANA Holdings Inc. reported a quarterly operating loss of 59 billion yen ($551 million) as it struggles with the near-total shutdown in global aviation to…
JetBlue will require customers to cover their faces for travel
JetBlue Airways Corp. will require customers to wear face coverings during travel, a first for U.S. carriers in the age of the coronavirus pandemic.
Vietnam Airlines to provide 2 direct US flights for Americans
National carrier Vietnam Airlines JSC will provide flights to San Francisco and Washington D.C. for Americans in early May, according to a posting on the…
Boeing plans to restart South Carolina 787 operations next week
Boeing Co. will resume 787 Dreamliner production at its South Carolina factory next week, after reactivating its manufacturing in the Seattle area earlier this month.
Southwest in discussions to raise new equity, debt
Southwest Airlines Co. is in talks with lenders about raising billions of dollars in new equity and debt to bolster its balance sheet to weather…
Turkey seeks to restart economy with domestic flights in May
Turkey is deliberating whether to start reopening its economy with the resumption of some domestic flights as early as mid-May, officials with direct knowledge of…
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Norwegian Proposes Debt Restructuring That Will Wipe Out Owners
Norwegian Air Shuttle ASA, the low-cost carrier fighting for survival, presented a plan to restructure part of its heavy debt load that will largely wipe…
Europe Starts Stumping Up Billions for Cash-Strapped Airlines
Government bailouts for the European airline industry are taking shape after France and the Netherlands pledged as much as 11 billion euros ($11.9 billion) to…
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Richard Branson Seeking Buyer for Virgin Atlantic: Telegraph
Richard Branson is seeking a buyer for Virgin Atlantic Airways Ltd. as he struggles to secure a 500 million pound ($618 million) government bailout, the…