October 26, 2021 4:00 am ET
July 17, 2021 4:43 am ET
May 31, 2021 6:01 am ET -
Airbus Seeking Financial Compensation from Czech Airlines
In 2019, Czech Airlines had placed an order with Toulouse-based aircraft manufacturing giant Airbus for four Airbus A220-300 aircraft and even chose for additional range by upgrading a previous order for three A320neo to the A321XLR. The plan was for…
May 20, 2021 5:00 am ET -
Thai Airways Approved for Restructuring Plan
Thai Airways International managed to get its creditors' approval on May 19 for a proposed restructuring plan that would help the airline refinance its debt in an effort to stay afloat and remain financially viable long-term, Nikkei reported. In order…
March 5, 2021 3:06 pm ET -
Future of Alitalia Reaches ‘Crucial’ Stage with European Regulators
Talks between the Italian government and the European Commission (EC) on the future of Alitalia are at a ‘crucial’ stage, according to Bloomberg. The Italian carrier went bankrupt in 2017, and the consortium created to oversee its future strategy, Italia…
January 18, 2021 6:00 am ET -
European Commission Requests Clarifications On Alitalia Rescue Plan
Ailing Italian flag carrier Alitalia has hit another bump in the process that was set to see the newly-formed state-owned company Italia Trasporto Aereo (ITA) take over Alitalia's main assets and flight operations and then receive a 3 billion euro…
January 7, 2021 7:00 am ET -
Norwegian Returns Planes to Lessors
Norwegian Air Shuttle has begun moving aircraft to Ireland’s Shannon Airport as it plans to return the planes to lessors in accordance with its restructuring. Most of the planes Norwegian will lose are Boeing 787 Dreamliners, which the carrier has…