Israeli flag carrier El Al, which has been crippled by the COVID-19 pandemic, is seeking state-guaranteed bank loans of up to $400 million after finding itself in a serious cash flow crisis leading to a halt in its passenger operations. The company has already taken various measures to tackle the crisis to improve its liquidity by sharply reducing its expenses, suspending its investments and reducing its workforce. “El Al is one of the Israeli economy’s most significant corporate casualties from…
As a result of the continued issues facing Rolls-Royce's Trent 1000 engines, Air New Zealand has announced dozens of flights will be canceled in December and January. Rolls-Royce is requiring the airline, which has 10 787-9 Dreamliner aircraft fitted with the Trent 1000 engines, to implement additional maintenance due to…
The 2019 Dubai Airshow got off to a slow start on Sunday as only two aircraft sales were announced by the major manufacturers Boeing and Airbus. Boeing could claim a small victory by announcing a deal for two 787-9 Dreamliners to Biman Bangladesh Airlines worth $585 million. The two competitors…
Virgin Atlantic announced it will enhance its services from Manchester Airport, one of its secondary hubs in Northern England. The airline will increase frequencies on the Manchester-New York route by 65 percent and launch a three times weekly service to Barbados this winter. Nearly 30,000 additional seats will be offered…
Air Tahiti Nui has retired its last Airbus A340-300, once the flagship of its fleet, and is now an all-Boeing 787 Dreamliner airline. The French Polynesian carrier started its transition less than a year ago, taking delivery of its first Boeing 787-9 Dreamliner from Boeing’s North Charleston facility in October…
Qantas is looking back on another strong year financially while also looking to the future with a new experiment on the way in 2020. The airline posted record revenues over the last fiscal calendar year but failed to turn that into a record profit due to changes in fuel pricing…
Qantas is looking back on another strong year financially while also looking to the future with a new experiment on the way in 2020. The airline posted record revenues over the last fiscal calendar year but failed to turn that into a record profit due to changes in fuel pricing…
Korean Air and Boeing have signed a Memorandum of Understanding (MOI) for the airline to purchase 20 widebody aircraft. The deal included 20 Boeing 787 Dreamliners split evenly between the Dash 9 and Dash 10 variants, valued at $6.3 billion at current list price. In addition to the 10 from…
EgyptAir is expanding its service to North America, planning service to Washington, D.C. beginning this summer. According to RoutesOnline and reported by sources within EgyptAir to AirlineGeeks, EgyptAir will launch the service on June 3 on a three-times-weekly basis. Currently, EgyptAir serves two North American cities, New York and Toronto,…
Over the past few years, Air Europa has been strengthening its route network between its hub in Madrid and Latin America, with flights to Guayaquil, Ecuador; San Pedro de Sula, Honduras and Cordoba, Argentina via Asuncion Paraguay, having been added in the last two years. The airline now flies to…
