Southwest Airlines among three carriers with investment grade rating: S&P Global
(Reuters) – Southwest Airlines Co (LUV.N), Ryanair Holdings Plc (RYA.I) and easyJet Plc (EZJ.L) are the only three airlines whose bonds are still [...]
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Lufthansa posts 1.5 billion-euro loss, steps up measures to cut costs
FRANKFURT (BLOOMBERG) – Deutsche Lufthansa warned that compulsory dismissals are likely in Germany amid slow progress in talks with unions, stiffening its tone [...]
Frontier Airlines plans to furlough nearly 400 Denver workers in early October
Frontier Airlines has notified nearly 1,500 flight attendants and pilots they might be furloughed in October, a tally that includes 398 employees working [...]
Virgin Atlantic files for bankruptcy protection, becoming Richard Branson's second Covid-19 casualty
WASHINGTON (BLOOMBERG, REUTERS) – Virgin Atlantic Airways has become billionaire Richard Branson’s second airline to file for Chapter 15 bankruptcy in the US [...]
Dutch airline KLM says to shed up to 5,000 jobs due to virus
THE HAGUE (AFP) – Dutch airline KLM said on Friday (July 31) it would shed up to 5,000 jobs due to a “crisis [...]
Majority of U.S. House backs new bailout for U.S. passenger airlines
WASHINGTON/CHICAGO (Reuters) – A majority U.S. House of Representatives lawmakers signed a letter made public on Monday calling for a six-month extension of [...]
China requires negative Covid-19 tests for arriving air passengers
BEIJING (REUTERS) – Passengers of China-bound flights must provide negative Covid-19 test results before boarding, China’s aviation authority said on Tuesday (July 21), [...]
India slowly resuming global flights with air bubble deals
India has cautiously opened up limited air travel with a clutch of countries including the US and United Arab Emirates (UAE). American carrier [...]
American, JetBlue team up to boost New York flying and drive recovery
CHICAGO (Reuters) – American Airlines (AAL.O) and JetBlue Airways (JBLU.O) said on Thursday they were forming a strategic partnership to boost flying options [...]
LATAM Airlines adds $1.3 billion to bankruptcy financing proposal, Brazil unit seeks protection
SANTIAGO (Reuters) – LATAM Airlines, the largest airline group in Latin America, said Thursday it had secured an additional $1.3 billion for its [...]