August 23, 2020 6:00 am ET
August 12, 2020 5:00 am ET -
Vietnam Airlines Expects $655 Million Yearly Loss
As a result of the COVID-19 pandemic, Vietnam Airlines posted a $284 million loss in the first half of 2020 and expects its loss could reach $655 million by the end of the year. The airline recorded a remarkable year…
August 11, 2020 1:57 pm ET -
The Buenos Aires Aeroparque Slots Saga
Argentina's commercial aviation market is impacted by a myriad of factors that have little, if anything, to do with commercial aviation. One of the best examples of this is the story of two companies – or three, or four –…
August 7, 2020 2:01 am ET -
American Airlines and Pilot Union Reach Furlough Agreement
American Airlines and their pilot union, Allied Pilots Association, have reached an agreement to reduce the number of redundancies this fall. According to the Chicago Tribune, the two sides have reached an agreement allowing some pilots to alternate months of…
August 6, 2020 9:00 am ET -
Virgin Australia Reveals Major Restructuring Plan for the Future
On Wednesday Virgin Australia announced its restructuring plan after filing for voluntary administration in April, the airline revealed in a press release. The carrier is resetting itself to meet the drop in demand both in Australia and around the world.…
August 4, 2020 5:48 pm ET -
Virgin Atlantic Declares Bankruptcy as Part of Restructuring
Virgin Atlantic filed for Chapter 15 bankruptcy in New York on Tuesday, becoming the latest airline — and the second from Virgin Group — to file for bankruptcy protection, Business Insider reports. Virgin Australia filed for voluntary administration in April.…