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Virgin Atlantic Wins Support of Creditors for Restructuring Plan

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 […]

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IATA Medical Advisor Reports Studies Concluding Air Travel Is Still Safe

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 […]

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Mobile Announces Commercial Passenger Flight Shift

The Mobile Airport Authority released a new 20-year master plan that includes a new $160 million dollar terminal at the Mobile Downtown Airport. This masterplan is a major change from how the Alabama city’s airports currently operate, with commercial flights currently using Mobile Regional Airport. Both airports are owned and operated by the Mobile Airport […]

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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 flying till May, or take leave while still receiving training. It is not known the […]

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Chilean Flight Restrictions May End After September

On July 24, the International Air Transport Association (IATA) organized a web conference titled “Chile: Listos para Despegar.” One of the participants was Chilean Minister of Transport and Telecommunications Gloria Hutt, who stated that she believes it’s possible that flight operations restrictions may be revoked before September. According to Hutt, the decision to cancel the […]

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Singapore Airlines Group Announces Financial Results

Singapore’s-national carrier, Singapore Airlines, announced significant losses during the company’s second-quarter financial results. On July 29, the airline announced that the second quarter, which ended on June 30 and was the first of the carrier’s 2020 fiscal year, resulted in a 1.123 billion Singapore dollar ($816 million) loss. These losses come on the back of […]

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Investigation Blames Pilot Error For Smartwings Engine Shutdown Incident

The Czech Civil Aviation Authority (CAA) has released the final report on an accident that occurred on Aug. 22, 2019, involving a Smartwings Boeing 737-800 aircraft — registration OK-TVO — that had an engine shutdown in flight while it was flying from Samos, Greece to Prague, Czech Republic operating flight QS1125. The report released by […]

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Alaska Airlines Announces Second Quarter Results, Oneworld Invite

The Alaska Air Group reported their second-quarter results and an official invitation to join the Oneworld alliance. As with all airlines, the Seattle-based airline reported significant losses due to the COVID-19 pandemic. Alaska’s reported net loss was $214 million under Generally Accepted Accounting Principles (GAAP). When compared to other airlines, these losses do not seem […]

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