- Norwegian Air Shares Plummet As Survival Hinges on Creditors[Apr. 14, 2020]
Norwegian Air shares plummeted again on Tuesday, and are now trading down around 97% from their 2015 peak, with the airline's survival depending on creditors accepting a rescue plan proposed last week.
- Boeing 737 MAX Cancellations Pile Up During Production Halt[Apr. 14, 2020]
Boeing Co on Tuesday reported another 75 cancellations for its 737 MAX jetliner in March, as the coronavirus crisis worsened disruptions from the grounding of its best-selling jet.
- Delta Working with Airbus on Order Book after Deferring A350 Orders Linked to Latam[Apr. 14, 2020]
Delta Air Lines Inc confirmed on Tuesday it had taken over an order for 10 Airbus A350 jets from Latam Airlines Group, but said it had deferred several of the near-term deliveries and was working with Airbus on options across its entire order book.
- Lufthansa's Belgian Carrier to Receive State Aid - Media[Apr. 10, 2020]
Brussels Airlines, a Lufthansa subsidiary, will receive state aid, its president Etienne Davignon told Belgian newspaper La Libre Belgique as airlines around the world face their biggest peacetime crisis due to the coronavirus pandemic.
- UAE's Flydubai Says Will Resume Operations When Time Is Right[Apr. 09, 2020]
United Arab Emirates airline flydubai will resume regular operations when the time is right and for the time being will continue to operate flights for repatriation purposes, its chief commercial officer said on Thursday.
- Airbus's Landmark Jet Output Cut Faces Crucial Test[Apr. 10, 2020]
Airbus's decision to cut output of its best-selling jet by a third amid coronavirus marks a huge shift for the European planemaker, which has enjoyed virtually unbroken growth since it began competing toe-to-toe with Boeing almost 20 years ago.
- EasyJet to Defer Delivery of 24 Airbus Planes, Hold Shareholder Meeting[Apr. 10, 2020]
British airline easyJet on Thursday said it would defer the delivery of 24 Airbus jets and hold a shareholder meeting after the airline's founder Stelios Haji-Ioannou stepped up a disagreement over the airline's expansion plans.
- Emirates Announces First Passenger Flights Post Suspension[Apr. 03, 2020]
Emirates has received approvals to carry passengers on certain flights. Effective Monday 6 April, initial flights will commence from Dubai to London Heathrow, Frankfurt, Paris, Brussels and Zurich, with 4 flights a week to London Heathrow, and 3 flights a week to the other cities.
- In Times of Corona Crisis: InstaFreight Offers Fast China-Europe Overland Transports[Apr. 06, 2020]
As of now, InstaFreight offers their customers stable overland transport for the supply chains from China to Europe and conversely, which both have been strongly affected by the Coronavirus. With this newly added service, InstaFreight upholds the supply chain and ensures that important commodities quickly make their way to Europe. InstaFreight is thus expanding its service portfolio for the period of crisis and is supplementing the succinct air and rail transports on this relation with trucks.
- Changi Airport to Consolidate Terminal Operations from 1 May 2020[Apr. 06, 2020]
Changi Airport Group (CAG) announced today that in view of the steep decline in passenger traffic and the likelihood that air travel demand will not return to pre-Covid-19 levels in the near term, terminal operations at Changi Airport will be consolidated. This move will enable CAG and its airport partners to save on running costs such as utilities and cleaning as well as to optimise resources across the airport's terminals to better match the low travel demand and airlines' flight operations.