KLM chief executive Pieter Elbers says the carrier is continuing discussions with the Dutch government over the approval of its bailout deal, amid reports that the airline’s proposals have been rejected. KLM chief executive Pieter Elbers insists the carrier is continuing discussions with the Dutch...
IAG is turning to attention to securing personnel agreements with British Airways’ freight-handling operation, in order to round off its cost-saving and restructuring measures. Chief executive Luis Gallego, speaking during a third-quarter briefing, said that the company had achieved substantial...
Comair’s efforts to resume operations have been bolstered after competition regulators backed a consortium’s proposed bid to acquire the South African carrier from business rescue. Comair’s efforts to resume operations have been bolstered after competition regulators backed a consortium’s proposed bid to...
Safran is hopeful that deliveries of CFM International Leap engines can return to 2019 levels by 2024, although it stresses that this hinges on the ramp-up of the Boeing 737 Max. Safran is hopeful that deliveries of CFM International Leap...
The new lockdown imposed by the French government amid rising cases of coronavirus across the region will weigh on Air France-KLM’s performance through the fourth quarter of this year. The new lockdown imposed by the French government amid rising cases...
Belgian aerostructures manufacturer will transition dual-powered concept into production-ready aircraft, says start-up. Belgian aerostructures manufacturer Sonaca is to develop and build the airframe for VoltAero’s Cassio hybrid-electric aircraft. Under the terms of an agreement with the French start-up announced today,...
The Indian government has changed the rules for the Air India bidding process and again extended the timeline, hoping to garner more interest in a sale of the carrier. The government is now inviting bids at enterprise value, on an...
Japan Airlines will retire up to 24 of its Boeing 777 aircraft over the next three years, as it battles the coronavirus crisis that saw it rack up significant losses for its half-yearly results. Elaborating on its future fleet plans,...
IndiGo will continue to honour all of its lease rental payments to lessors and has not been delaying any payments, the carrier’s chief financial officer said in a 29 October earnings call. “We are current on all our lease costs...
IndiGo has posted a loss from operations before exceptional items and tax of Rs11.9 billion ($160 million) for the second quarter of the 2021 fiscal year ended 30 September as it focuses on managing the Covid-19 crisis and looks towards...