Norwegian finalizes recapitalization and secures state aid

Posted By Tony Sanchez / Airlines / 0 Comments

May 20, 2020 Norwegian confirms that the restructuring is completed and that the state loan guarantee of in total NOK 3 billion has been approved. The company has now converted NOK 12.7 billion of debt to equity and laid a solid foundation for the future, although the next months will remain challenging. “I want to […]

British Airways set to take delivery of first Boeing 787-10 this week

Posted By Tony Sanchez / Aircraft Manufacture, Airlines / 0 Comments

May 18, 2020 British Airways is adding a new member to its fleet. This week, British Airways will take delivery of its first Boeing 787-10 aircraft. The newest variant in the Dreamliner family, the -10, will join the ranks of the 787-8 and 787-9 aircraft that are already part of BA’s fleet. As reported by […]

Thai Airways lurches towards bankruptcy as coronavirus keeps flights grounded

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May 18, 2020 Thailand’s state-owned carrier Thai Airways appears a step closer to a bankruptcy reorganization as the airline remains grounded amid the coronavirus pandemic. The government body overseeing state-run companies, the State Enterprise Policy Committee, agreed on Monday that the airline should reorganize, according to numerous reports. The plan would see the carrier reorganize […]

Cargo demand drives return of Delta passenger services to Germany and UK

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May 18, 2020 Demand for air cargo is driving the return of Delta’s passenger services from the United States to Germany and the UK for the first time since the COVID-19 pandemic closed borders. Beginning May 21, 2020, flights to Frankfurt and London will operate three times weekly from Atlanta and Detroit, respectively. The flights […]

Emirates SkyCargo’s global network grows to 75 destinations

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May 15, 2020 Emirates SkyCargo has expanded its weekly scheduled cargo flight operations to cover 75 destinations across six continents. Through its wider reach, Emirates SkyCargo is able to transport essential commodities and other urgently needed cargo more rapidly across the world, allowing exporters and importers across markets to benefit from direct access to widebody […]

Lufthansa schedules start to rebound in June amid hopeful signs in Europe

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May 15, 2020 This summer could see the aviation industry inching back to recovery, at based on news coming out of Europe during the past week. Lufthansa said on Thursday that it would begin flying a much larger chunk of its regular schedule in June. Combined with the other Lufthansa Group partners (Swiss, Eurowings, Brussels […]

IAG’s Chief Willie Walsh Says British Government is Holding Back Travel Recovery

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May 15, 2020 Willie Walsh is saying what a lot of people are thinking right now: the British government’s confused messaging is harming the sector. Britain’s quarantine plans and a minister’s comment that big foreign holidays were unlikely this year are seriously hindering any travel recovery, said Willie Walsh the boss of British Airways parent […]

Brussels Airlines plans to resume its flight operations as from 15 June

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May 15, 2020 After more than seven weeks of hibernation mode, Brussels Airlines is planning to resume its operations as from 15 June. The Belgian home carrier plans to start with a reduced flight offer that will be built up in a phased approach according to the market demand and to the travel restrictions. While […]

El Al Pleads With Israeli PM – Calls Loan Conditions ‘Impossible’

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May 14, 2020 El Al has issued stern words to its Prime Minister in response to the state-backed aid package approved on 10th May. On Wednesday, the airline penned its scathing comeback in which it insinuated that the government would be responsible for the collapse of El Al if conditions weren’t changed. The government is […]

airBaltic Starts Strong with Several Routes from Tallinn

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May 14, 2020 After receiving all of the necessary permissions, on May 18 airBaltic will resume direct flights from Tallinn to Amsterdam, Copenhagen, Oslo and as of May 25 to Vilnius. airBaltic is ready to resume operations from Riga International Airport once permissions form authorities are granted. Martin Gauss, CEO of airBaltic: “Until the crisis began, we were the strongest […]