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…
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…
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…
Pivotal Lufthansa Bailout Snared in Government Tangle
Deutsche Lufthansa AG spent the last two decades forging a business empire that stretched across the wealthiest countries of continental Europe. Forced into retreat by…
Air France-KLM to Get State Rescue of as Much as $12 Billion
Air France-KLM became the latest carrier to get a state-backed bailout, with the French and Dutch government shareholders pledging as much as 11 billion euros…
Ryanair Chief Rules Out Boeing Max Arrival Until Next Summer
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said he won’t take delivery of Boeing Co.’s 737 Max jetliner until summer 2021 as air travel…
Aeroflot Group Announces Operating Results for March 2020
Aeroflot PJSC announced the operating results for Aeroflot Group (“the Group”) and Aeroflot – Russian Airlines (“the Company”) for March and 3M 2020.
A record-breaking shipment bound for American soil
American Airlines ships more than 115,000 pounds of seeds to US farmers for a busy planting season
With ‘Virtually Zero’ Air Travel, Southwest Warns of Pay Risk
Southwest Airlines Co. has to prepare for the risk of becoming a “drastically smaller” company, and Chief Executive Officer Gary Kelly told employees he’d prefer…
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