May 25, 2021 5:30 am ET
May 23, 2021 9:03 am ET -
Italy’s New Revamped Airline Prepares for September Launch
After years of financial trouble and being on the verge of bankruptcy dating back since May 2017, Italian national carrier Alitalia was put under emergency administration by the Italian government after the majority of its over 11,000 employees had voted…
May 22, 2021 11:32 am ET -
Qantas Forecasts Declining Financial Year, Additional Measures for Recovery
Qantas made an announcement on Thursday, May 20, suggesting that the airline is forecasting to lose at least A$2 billion ($1.54 billion) this financial year and also foresees its total revenue dropping to a big loss at A$16 billion (US$12.4…
May 20, 2021 6:00 am ET -
Delta Mandates Vaccinations for New Employees
Delta Air Lines announced it will be requiring all new hires joining the airline in the U.S to be vaccinated as it aims to achieve employee immunity as soon as possible to operate safely. In an interview with CNN, Delta…
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…
May 15, 2021 12:03 pm ET -
India’s GoAir Rebranded as GoFirst
Wadia Group-controlled budget carrier GoAir has filed for an initial public offering to raise 36 billion rupees ($491 million) and reinvented itself as GoFirst, after fifteen years of flying. This move comes as airlines try to boost finances to cope…