Portugal seeks CEO to bring flagship carrier back from brink
Portugal’s decision to oust the chief executive officer of TAP after a rescue of the nation’s leading airline has created an urgent vacancy to fill…
Ethiopian to Resume Flights to Cameroon
Ethiopian Airlines, Africa’s largest airline is resuming service to Duala and Yaoundé as of July 13, 2020.
Cathay shareholders approve $5 billion plan to avoid collapse
Cathay Pacific Airways Ltd.’s shareholders approved a plan to raise HK$39 billion ($5 billion) in a government-backed rescue that includes the sale of preference shares…
Fake Pilot Scandal Prompts U.S. to Block Pakistan’s Flag Carrier
Pakistan’s national airline has been barred from flying to the U.S. as a result of a scandal in which almost one-third of the nation’s pilots…
Top Buyer Emirates Expects Boeing 777X to Miss 2021 Debut Target
Boeing Co.’s new 777X jet is likely to miss its planned debut next year, according to the aircraft’s top customer Emirates, which doesn’t expect to…
JetBlue Spurns Long Beach to Expand at LAX in West Coast Shift
JetBlue Airways Corp. will make Los Angeles International its primary base in Southern California, abandoning Long Beach Airport after years of tension.
Bombardier confirms support for commitments announced by Alstom as part of Bombardier Transportation acquisition
Bombardier has confirmed its support of the commitments announced by Alstom earlier today to address potential concerns raised by the European Commission in relation to…
LATAM formalizes second tranche of DIP financing and announces LATAM Airlines Brazil’s Chapter 11 incorporation
LATAM Airlines Group S.A. (‘LATAM’) today presented the second tranche (Tranche A) of its DIP (debtor-in-possession) financing proposal to the Court of the Southern District…
United, American extend suspension of Hong Kong flights
United Airlines Inc. extended its suspension of flights to and from Hong Kong, citing new coronavirus testing protocols for crew arriving in the Asian financial…
Rolls-Royce experiences a unique kind of hell
The jet-engine maker has plenty of cash and liquidity, but its liabilities are sky high.
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