South African Airways has had yet another business rescue plan approved by creditors. The new plan requires at least 10 billion rands funding ($596 million) of government funding to sustain the airline. This was approved during a creditors meeting held on Tuesday, July 14 by 86% of voters, as reported by FlightGlobal. At the meeting, […]
Qatar Airways has announced today that it will be flying between Doha and Toronto as of July 4. Flights will operate four times a week using the airline’s Airbus A350-900s. In a statement, Qatar Airways CEO said: “Qatar Airways has never stopped operating to Canada throughout this crisis and we are pleased to be able […]
South American carrier LATAM has suspended ticket sales on 23 routes across its network, including several domestic routes within Chile and international routes from Brazil, Chile and Peru. At the same time, the Santiago-headquartered carrier has made the bold move to suspend international destinations from five Argentinean destinations to the carrier’s hubs in Santiago, Lima […]
Norwegian announced that it is ready to re-open operations from the UK on July 1 after being suspended for three months. The Oslo-based carrier will operate a few flights from Gatwick and Edinburgh to select destinations in Scandinavia. In a statement, Norwegian’s CEO Jacob Schram said, “Feedback from our customers has shown that they are […]
TAP Air Portugal seems to have found a mechanism to receive a much-needed cash injection to mitigate the effects of the COVID-19 crisis. For this, the European Commission has granted the Portuguese government a €1.2 billion ($1.36 billion) rescue package to be distributed to its flag carrier. Due to TAP’s predeceasing financial difficulties, the European […]
Air New Zealand has announced it will be pushing back the restart of international operations. Though the carrier had previously stated its plans to resume international flights by June 30, this has now been pushed back until August as demand levels remain low. From August 30, the Auckland-based carrier will resume a reduced international schedule […]
easyJet has admitted to suffering a security breach earlier this year where hackers gained access to personal information of nine million customers, including the credit card information of over 2,000 individuals. The budget carrier reportedly became aware of this in January and begun contacting passengers whose credit card information had been compromised in April. The […]
The International Air Transport Association (IATA) forecasts that the social and economic immobility caused by COVID-19, plunging passenger levels across the world, will take longer to recover than what was originally expected. During its weekly update meeting held today, IATA revealed that traffic will only recover to 2019 levels by 2023 at the earliest. IATA […]
Over the last few weeks, Lufthansa Group has been negotiating with German, Austrian and Belgian governments over rescue packages after the group made a $1.3 billion loss during the first quarter of the year amid the COVID-19 crisis. Reports by Bloomberg revealed that Lufthansa was negotiating a 10 billion euro ($10.3 billion) bailout from the […]
American, Delta and Frontier join JetBlue in making wearing face masks compulsory for passengers traveling as of next week. This is part of a wider set of sanitary measures that different stakeholders are putting in place as the world prepares to slowly reintroduce economic activity as the COVID-19 outbreak continues. Regarding these new additional safety […]
