Korean Air to become Asiana’s top shareholder
The flag carrier of South Korea, Korean Air, is set to spend $1.62 billion to become the top…
Airlines
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Despite governmental aid, Air Europa to follow Norwegian’s fate?
After receiving €475 million rescue package from the government, Spanish carrier Air Europa might face a discontinuation of…
Singapore Airlines strengthens position, raises $632M
Singapore Airlines (SIA1) (SINGY) (SIA) raised $632 million after placing a convertible bond issue for institutional investors. The…
Eurowings new ‘family and home visit’ flights to Beirut and Erbil
In December 2020, Eurowings will start flying passengers for the first time to Beirut, Lebanon and Erbil, Iraq.Lufthansa…
Korean Air to purchase Asiana Airlines?
Korean Air, the flag carrier of South Korea, seeks to purchase another Korean carrier Asiana Airlines in cooperation…
Aeroflot manager arrested on British espionage suspicion
Dmitry Fedotkin, Aeroflot’s station manager in the United Kingdom, was arrested by the Russian authorities on suspicion of…
New Uber-inspired South African airline to fly in December 2020
A new low-cost South African airline is set to launch on December 10, 2020 ‒ just in time…
Etihad Airways to lay-off more cabin crew
Etihad Airways informed cabin crew that due to slow recovery in air travel demand, there would be more…
Qatar Airways revives flights to seven worldwide destinations
Qatar Airways is reviving flights to seven destinations and is planning the launch of two new ones in…
Bain Capital steps further into takeover of Virgin Australia
Bain Capital, an American private investment firm, made a step further in the saga of Virgin Australia Airlines…
Hello again: United Airlines to restart JFK flights after 5 years
United Airlines plans to relaunch its regular operations to Los Angeles and San Francisco from John F. Kennedy…
Starlux ready to expand horizons in North America
Taiwan-based Starlux Airlines plans to expand its activities in North America despite the economic difficulties caused by COVID-19…
After third straight quarterly loss Air Canada cuts flights
Air Canada (ADH2) reported a loss of $526 million in its third-quarter financial results. Plans to reduce costs…
Lufthansa expects to gain proceeds in €525 million bonds offering
A German airline Lufthansa (LHAB) (LHA) announced the launch of €525 million senior unsecured convertible bonds offering. The…
Without life support, Norwegian Air Shuttle reveals drastic cuts
After Norway’s government rejected the plea for financial support, Norwegian Air announced lay-offs and a possible run-out of…
Sunwing Airlines relaunches operations after 230-day-long-break
Sunwing Airlines, a Canadian low-cost airline, made its first takeoff from Toronto Pearson International Airport (YYZ) after almost…
Wizz Air continues service agreement with CEO Varadi
Wizz Air announced that it reached an agreement with its current chief executive officer (CEO) József Váradi to…
New carrier Ecuatoriana Airlines gets operating license
Ecuatoriana Airlines reported to have obtained its operating permit for domestic flights in Ecuador. The carrier is planning…