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Poland’s national airline LOT will need state aid – minister

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April 3, 2020 Polish national airline LOT is working on a rescue plan and will likely need state aid as air traffic has been suspended due to coronavirus, Jacek Sasin, Minister of State Assets said on Friday. “I am constantly in touch with LOT chief executive, who is working on a rescue plan as the […]

Airline industry braces for lengthy recovery from coronavirus crisis

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April 3, 2020 International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic. Carriers including United Airlines Holdings Inc. and Air New Zealand Ltd. have warned they are likely to […]

U.S. airlines face deadline to apply for U.S. payroll grants

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April 3, 2020 U.S. airlines and contractors faced a deadline of 5 p.m. on Friday to tap the federal government for up to $32 billion in payroll grants to help them ride out a dramatic drop in air travel demand due to the new coronavirus outbreak. The U.S. Treasury set that deadline for the airline […]

IAG cancels its 2019 proposed final dividen

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March 2, 2020 As a result of the impact of the situation created by COVID-19, the Board of Directors of International Consolidated Airlines Group, S.A. (IAG) has resolved to withdraw the proposal to the next Annual Shareholders’ Meeting to pay a final dividend of 0.17 euros per share and, instead, to propose the allocation of […]

The retired American Airlines 767s are being turned into cargo planes

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April 1, 2020 The Boeing 767s that American Airlines is retiring early because of the coronavirus pandemic won’t be grounded for long. They’re getting a new lease on life as all-cargo jets. The first is on its way to Israel today to be converted from passenger to freighter. Flight-tracking site Flightradar24 showed on Tuesday that […]

Tui to furlough thousands of workers

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April 1, 2020 The Hanover-based travel and holiday operator Tui announced that almost 11,000 staff have been laid off. Almost 4,500 travel agency staff and more than 6,500 pilots, cabin crew and head office workers have been furloughed, it was announced on Tuesday, using the UK government scheme that ensures 80 per cent of the workers’ […]

ATSG wins US postal service contract for new sort centre

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April 1, 2020 Air Transport Services Group has announced that its subsidiary LGSTX Services has been awarded a contract with the US Postal Service to design, install and operate a Surface Transfer Centre, in Aurora, Illinois. LGSTX Services will be responsible for organizing and managing the operation of the facility, within which they plan to […]

Qatar Cargo increases frequencies to The Netherlands

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April 1, 2020 Qatar Airways Cargo has increased its freighter frequency to The Netherlands from nine weekly flights to 34 flights a week, making cargo capacity over 7,500 tonnes. Pharmaceuticals and perishables form the majority of exports, whilst imports mainly consist of medical equipment, vegetables, fruits and flowers. “In these tough and trying times, it’s […]

Virgin Atlantic asks UK government for financial helpe

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March 30, 2020 Virgin Atlantic has asked the UK government for emergency financial help in addition to the coronavirus package made available to all British companies, said a source familiar with the situation. Virgin Atlantic, which is based in the UK and is 51% owned by Richard Branson’s Virgin group and 49% owned by U.S. […]

Israel offers desert airport Ramon as parking for foreign planes

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March 30, 2020 Israel is offering its second-biggest airport as a place for foreign carriers to park planes grounded by the coronavirus outbreak, an Israeli official said on Monday. The number of planes in storage has doubled to more than 5,000 since the start of the year, according to date provider Cirium, with more expected […]