News

Virgin Atlantic has today won the support of its creditors over a 1.2 billion-pound ($1.58 billion) rescue package deal. The capital, only 400 million pounds of which is “new money,” is supposed to keep the airline afloat for at least the next 18 months. Shareholders and suppliers to whom the airline previously owed money have […]

In Australia, Qantas Airways and its low-cost subsidiary, Jetstar have announced plans to ax 2,500 jobs following the announcement of the carrier’s second-largest financial loss in a century. In June, the flag carrier has announced 6,000 of its workforce would be cut. The struggling airline is proposing to outsource its bus services for customers and […]

Delta Air Lines’ Chief Operating Officer Gil West announced his plans to retire from the company. The announcement was made public in an internal memo to employees from CEO Ed Bastian on Aug. 25. Considered the architect of the carrier’s operating performance excellence, West joined Delta in 2008 as the Senior Vice President of Airport […]

Kenya Airways, Kenya’s flag carrier, is moving to slash half of its pilot workforce. The move is in line with cost saving measures deemed necessary due to the toll the COVID-19 crisis that has taken, Business Daily reports. Kenya Airways is looking to cut up to 207 of its 414 pilot jobs, which account for […]

The EU Commission has officially given Brussels Airlines permission to restructure and finance its future plans through its approved stabilization package, which was originally proposed on July 24. The stabilization package was approved by the EU Commission on Aug. 21 after the German Economic Stabilization Fund authorized the package on Aug. 17, as Lufthansa, the […]

The collapse of demand for air travel that has invested the airline industry following the outbreak of the COVID-19 pandemic has two main drivers: the restrictions to international mobility imposed by governments to curb the spread of the disease and the natural fear of prospective travelers to spend many hours in a confined space in […]

Sydney-based Qantas announced its consolidated fiscal year results marking the depth of the crisis caused by the ongoing COVID-19 pandemic. Australia’s flag carrier posted a statutory loss of 2.7 billion Australian dollars ($1.9 billion) for the fiscal year ended June 30, which is the second-highest loss in Qantas’s century-long history. In 2014, the airline had […]

In a move that may become increasingly common among airlines seeking to avoid layoffs, EasyJet will be offering pilots an alternative to being made redundant. The plan will offer pilots seasonal contracts, working for parts of the year and taking the rest of the year off. The offer comes as airlines across the globe are […]

UPS has announced that it will expand its ramp space at the Kansas City International Airport in Kansas City, Missouri. after the City Council of Kansas City approved an extended lease agreement for the shipping giant’s air gateway. The cargo operator leases its facility at Kansas City International from Aeroterm. The extended lease agreement is […]

Venezuelan carrier Turpial Airlines has updated the first of three Boeing 737-400s implementing the ADS-B system as part of its objective to provide the best quality, safety and technology to its passengers. According to Aviacionaldia, Turpial Airlines is the first Venezuelan airline to comply with this requirement, having successfully completed and evaluated the installation of […]