EasyJet explores fundraising options to ride out slump
EasyJet Plc is considering options including raising new debt and equity to provide a buffer against the coronavirus pandemic that’s forced the discount airline to…
Ethics of airline bailouts in spotlight with Virgin-Qantas feud
An ugly feud is escalating between Qantas Airways Ltd. and its closest Australian competitor over the ethics of state aid, just as airlines facing collapse…
JetBlue slashes April flying 70%; Deeper cuts likely in New York
JetBlue Airways Corp. expects to slash flights 70% next month and deeper cuts are likely in the carrier’s home base in New York, as the…
Southwest Airlines to offer cargo only flights
At Southwest Airlines, today and every day we face adversity with a Warrior Spirit—a mantra that’s kept Southwest flying through the good and rough periods…
Bailed-out airlines may be allowed to cut even more flights
U.S. passenger airlines would be required to maintain minimum service levels to American cities in exchange for taxpayer financial support, but could dramatically cut their…
Airlines seen burning $61 billion in roughest stretch of crisis
Airlines will burn through as much as $61 billion worldwide in the second quarter, industry group IATA predicted, warning that carriers could run out of…
French airline tax deferrals during virus crisis win EU approval
France’s tax deferrals for airlines won European Union approval, the first state subsidies for carriers to be cleared under looser EU rules to help companies…
Dubai moves to shield prized Emirates Airline from virus fallout
Dubai will grant financial aid to Emirates in order to shield its most valuable asset from the coronavirus fallout, which has forced airlines around the…
Airlines in Philippines seek credit aid as they fight to survive
Airlines in the Philippines are asking for credit relief and a longer reprieve from fees, saying government intervention is needed as the industry faces an…
Half of world’s airline capacity grounded by virus, OAG says
The global airline industry is operating with less than half the capacity it had in mid-January after slashing another 20 million seats from scheduled services…
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