Lufthansa confirmed a new deal with trade union Verdi to cut €200 million in expenses for employment protection....
With Emirates battling the current crisis and finishing the first half of the year with a multi-billion loss, the Dubai...
After the news on vaccine effectiveness broke, airlines’ shares surge globally....
The government of Netherlands froze €3.4 billion-worth of financial aid to KLM Royal Dutch Airlines (KLM), after th...
The US presidential election will take place on November 3, 2020. It is arguably one of the most important elections at...
Trends and findings from Oxford Economics forecasts of the global travel sector and possible pathways of its recovery.&n...
Airbus suffers €767 million loss in Q3 of 2020. Despite that, Airbus CEO Guillaume Faury says the comp...
A lessor seemingly became fed up with Saudi Arabian Airlines, as the former sued the airline in London over unpaid fees,...
A British low-cost airline EasyJet raised total cash proceeds of $398.6 million after completing the sale and leaseback...
AirAsia Group, a Malaysia-based investment holding company, secured a $72 million loan from Sabah Development Bank Berha...
American Airlines Group, the holding company of American Airlines (AA), announced a $2.4 billion loss in Q3 2020, compar...
International Consolidated Airlines Group (IAG), a holding company of British Airways (BA), reported preliminary financi...
Deutsche Lufthansa, the largest German airline, reported an operating loss of €1.26 billion in the third quarter of...
Ricky Isla, the CEO of AirAsia Philippines, the Philippine affiliate air carrier of AirAsia Group, announced that the ai...
Nordica, the national air carrier of Estonia, received approval for governmental support which would include a state-gua...
Vistara commenced its flight operations back in 2015, for this reason we can call this airline a newcomer in the world o...
The World Trade Organization (WTO) has authorized the European Union to impose tariffs on the United States (U.S.) goods...
The Malaysian Ministry of Finance denied a media report claiming that the government of the country has granted a $242 m...
BOC Aviation and Wilmington Trust Services, two Ireland-based companies, sued SpiceJet, an Indian budget airline, for mo...
China Eastern Airlines will receive a financial injection of $4.6 billion (¥31 billion) from four different state-ow...
British Airways Chief Executive Officer Alex Cruz is stepping down with immediate effect. He will be replaced by Sean Do...
Qatar Airways CEO Akbar Al Baker seems less-than-optimistic for the airline sector as he expects more bailouts and bankr...
AirAsia X, a long-haul subsidiary of AirAsia Group, announced its $15.3 billion debt restructuring scheme as a measure t...
On October 1, 2020, CARES act expired, and U.S. airlines - including American Airlines, Delta Air Lines and United Airli...
Even though governments across the globe lent a helping hand towards airlines, the aviation industry is looking at an im...
The Colombian airline Avianca announced that the U.S Bankruptcy Court approved its financing plan for over $2 billion, w...
The European (EU) Commission has approved the state aid of €19.3 million (RON94 million) for TAROM, the Romanian ai...