Thai Airways International and Asiana Airlines, both undergoing restructuring, have disclosed details about selling off non-core subsidiaries. Thai Airways International and Asiana Airlines, both undergoing restructuring, have disclosed details about selling off non-core subsidiaries. Thai Airways completed on 19 January the sale of a...
Norway’s government has signalled that it is prepared to offer financial support to budget carrier Norwegian, to assist with the restructuring airline’s recovery, but has laid out a number of conditions. The government is stressing that it has no intention...
Malaysia Airlines’ parent company has been given the green light by the UK courts to commence a “major component” of its restructuring programme, which it hopes to wrap up by the end of the first quarter of this year. Malaysia...
Singapore’s Changi Airport reported a staggering 83% year-on-year plunge in passenger movement in 2020, amid a pandemic-driven collapse in international travel demand. Singapore’s Changi Airport reported a staggering 83% year-on-year plunge in passenger movement in 2020, amid a pandemic-driven collapse...
Aircraft movements in European airspace are collapsing towards the low levels seen during the first wave of the pandemic in April, as more travel restrictions hit demand for airline operations, according to Eurocontrol. Aircraft movements in European airspace are collapsing towards...
Boeing’s maintenance hangar at London Gatwick airport is handling a “steady flow” of customer aircraft despite “much reduced” flying activity amid the pandemic, the airframer tells Cirium. Boeing’s maintenance hangar at London Gatwick airport is handling a “steady flow” of customer aircraft despite “much...
Airbus is still intending to increase monthly A320 production, but at a slower rate than the originally-expected figure of 47 aircraft. It will raise A320-family monthly output from the current 40 aircraft to 43 in the third quarter, and 45...
Reunion-based carrier Air Austral’s first Airbus A220-300 has rolled out of the paintshop sporting the airline’s distinctive livery. The airline ordered three of the twinjet type in October 2019. Airbus has shown off the first of the Pratt & Whitney...
Lufthansa Group is today losing €1 million ($1.2 million) every two hours amid the Covid-19 crisis – an improvement from losing the same amount every hour at points last year. Lufthansa Group is today losing €1 million ($1.2 million) every two...
Dutch carrier KLM is to cut up to 1,000 more jobs as a result of the later then expected recovery in travel demand from the pandemic. Dutch carrier KLM is to cut up to 1,000 more jobs as a result...