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02 NOV 2020
Delta reaches deal with pilots union to avert furloughs Delta reaches deal with pilots union to avert furloughs
Delta Air Lines reached a preliminary agreement with its pilots union to avert furloughs through January 2022, the company and union said Friday.The agreement ... Continue Reading
22 OCT 2020
American Airlines reports $2.4 billion loss in the third quarter American Airlines reports $2.4 billion loss in the third quarter
American Airlines announced Thursday that its earnings plunged 73 percent in the third quarter amid the collapse in air travel during the coronavirus pandemic, ... Continue Reading
22 OCT 2020
IAG flies into a 1.3 billion euros loss in the third quarter IAG flies into a 1.3 billion euros loss in the third quarter
IAG, the owner of British Airways and Spanish carrier Iberia, dived into a loss totalling 1.3 billion euros ($1.52 billion) in the third quarter ... Continue Reading
22 OCT 2020
Cathay Pacific to cut workforce by nearly a quarter Cathay Pacific to cut workforce by nearly a quarter
Cathay Pacific announced plans Wednesday to cut its workforce by nearly a quarter and close one of its short-haul airlines in an effort to ... Continue Reading
22 OCT 2020
Lufthansa loses 1.26 billion euros in third quarter
German airline Lufthansa on Tuesday reported a loss of 1.26 billion euros ($1.49 billion) in the third quarter of 2020 as it struggles to bounce back from crippling coronavirus lockdowns.The sobering figure is a ... Continue Reading
12 OCT 2020
British Airways announces shock CEO departure British Airways announces shock CEO departure
British Airways, which is slashing thousands of jobs as coronavirus decimates demand for air travel, announced Monday that CEO Alex Cruz is stepping down ... Continue Reading
08 OCT 2020
KLM virus bailout to go to court in November: Greenpeace
KLM could have its wings clipped after Greenpeace said Wednesday a court would hear its lawsuit next month against the government's multi-billion-euro bailout package for the Dutch airline.The Netherlands in June said it would ... Continue Reading
08 OCT 2020
EasyJet flies into first annual loss
EasyJet expects a pre-tax loss of up to £845 million for its fiscal year just ended as coronavirus travel restrictions slam passenger demand, the British no-frills airline said Thursday.It forecast a loss for the ... Continue Reading
08 OCT 2020
Heathrow takes third runway challenge to Supreme Court Heathrow takes third runway challenge to Supreme Court
London Heathrow airport headed to Britain's highest court Wednesday to challenge a ruling made earlier this year to block a third runway at Europe's ... Continue Reading
06 OCT 2020
Philippine Airlines to slash jobs as virus curbs bite
Philippine Airlines will cut around a third of its workforce by the end of this year as part of an overhaul triggered by crippling coronavirus travel restrictions. The pandemic has devastated the global ... Continue Reading
04 OCT 2020
Pelosi urges US airlines to stop layoffs, backs aid Pelosi urges US airlines to stop layoffs, backs aid
Airline workers at risk of layoffs were given hope of a possible reprieve after House Speaker Nancy Pelosi backed another round of aid for ... Continue Reading
24 SEP 2020
Dutch say Air France-KLM cash boost might be needed
Dutch Finance Minister Wopke Hoekstra said Wednesday the government was willing to discuss another cash injection for Air France-KLM should a multi-billion bailout fail to keep the troubled airline flying.Hoekstra's comments come as airline ... Continue Reading
09 DEC 2021
The world's first Airbus A320 freighter takes off
09 DEC 2021
NYCO signs a major strategic agreement with Air France to develop sustainable aircraft lubricants
09 DEC 2021
New long-term agreement between Safran and SIAEC on CFM International's LEAP engines
09 DEC 2021
Boeing to add two 737-800BCF conversion lines at STAECO's facility in China
09 DEC 2021
Sabena Aerospace to take over several maintenance activities from Lufthansa Technik
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