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A Brussels Airlines Airbus A330-300 departing Toronto. (Photo: Martin Kulcsar [CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)])

How the EU Commission’s Stabilization Package Approval Will Shape Brussels Airlines’ Future

The EU Commission has officially given Brussels Airlines permission to restructure and finance its future plans through its approved stabilization package, which was originally proposed on July 24. The stabilization package was approved by the EU Commission on Aug. 21 after the German Economic Stabilization Fund authorized the package on Aug. 17, as Lufthansa, the airline's major shareholder and Germany's largest air carrier, plays a pivotal role in the Belgian flag carrier’s future.  “Thanks to the support and trust we…

American Plans to Shrink Management Staff by 30%

Amidst COVID-19 and its effects on many industries in the economy during this time period, around the world, the aviation industry has been one of the top sectors that are deeply affected by the global pandemic. Many major U.S. airlines are attempting to rebound, through modified cleaning procedures, more flexible…