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Search results for Another government bailout for South African Airways?
Clement Charpentreau
Another government bailout for South African Airways?

The South African government is ready to inject more cash into South African Airways, a leaked draft plan revealed. $1.8 billion could be allocated as part of a “final” restructuring plan....

Rytis Beresnevicius
Cost of the crisis? Lufthansa burning $896 million per month

Despite its best efforts to reduce costs, Lufthansa is still on a pretty impressive cash-burning campaign, as it announced its latest results for Q1 2020....

AeroTime Team
Qatar CEO advises Airbus & Boeing to defer aircraft deliveries

As Qatar Airways is negotiating deferrals of aircraft orders with Airbus and Boeing, the airline’s CEO Akbar Al Baker had a word of “advice” for the plane manufacturers: they should start accepting postponement of aircraft deliveries until 2022 or risk losing clients permanently.  ...