May 6, 2020 3:40 pm ET
News
May 4, 2020 4:09 pm ET -
Air France Slated to Receive 7 Billion Euro Bailout Package
The European Union on Monday approved a French state aid of €7 Billion consisting of state loans and state-guaranteed bank loans to aid Air-France in its urgent liquidity in the face of the coronavirus pandemic. The European competition watchdog exercised…
May 2, 2020 7:17 pm ET -
Azul To Resume Service at Two Cities With Codeshared Cessna…
Brazil's third-largest airline, Azul Brazilian Airlines, surprised the market in January when it announced an agreement by which it acquired Two Táxi Aéreo, a commuter airline with operations throughout Brazil. Branded TwoFlex, the company currently has a fleet of two…
May 1, 2020 4:28 am ET -
U.S. Airlines to Make Wearing Face Masks Compulsory
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…
April 30, 2020 3:44 pm ET -
Looking At the Second Half of Major U.S. Airlines’ Earnings
Last week, the first two of the four major U.S. airlines reported their first-quarter earnings. Atlanta-based Delta Air Lines announced a loss of $607 million and United Airlines announced a whopping $2.1 billion loss for the same time period. Originally,…
April 29, 2020 2:51 pm ET -
South African Airways Liquidation Unlikely for Now
The immediate liquidation threat of South African Airways (SAA) may be averted for now as announced by the Department of Public Enterprises (DPE) on Saturday. The new deadline for the proposed employment agreement has also been extended to May 1,…