17,988 news found
AirlinesAsiana Airlines: will the carrier sold soon to creditors?
It is ready a $ 1.4 billion rescue plan
To avoid liquidity problems to the carrier Asiana Airlines Hong Nam-ki, South Korea's Minister of Finance, announced -speaking to the local press- that a $ 1.4 billion (1.6 trillion won) support plan... more
AirlinesAlitalia: the crucial week for the future begins
With no progress in the negotiations, the date of April 30 could not be postponed
Will the deadline for Ferrovie dello Stato (FS) to present the final offer to the Alitalia special commissioners be extended further? A hypothesis that would be taking more and more feet in government... more
AirlinesSpiceJet. Priority to Jet Airways employees in hiring
About 600 outgoing workers have already been hired
Speaking to the press, SpiceJet president and CEO Ajay Singh said he had already offered work "to more than 100 pilots, 200 flight attendants and 300 technicians from Jet Airways". An intervention by the... more
AirlinesAir Italy answers to the "allegations" of Delta, United and AA carriers
"We are proud to serve the US market with a new brand and a new livery"
Air Italy replies to Delta, United and American Airlines, Delta and United allegations with this declaration that we receive and publish it:"American Airlines, Delta and United have waged a years’ long w... more
AirlinesAvianca Brasil: Azul will not present offers for the carrier
Despite the preliminary agreement signed in March
Speaking at a press conference yesterday, the managing director of Azul John Rodgerson said that the air carrier has decided not to present any offer for the purchase of certain assets of Avianca Brasil,... more
AirlinesAlitalia: will not expire the return of the bridge loan?
Norm contained in the draft of the "decreto legge Crescita"
After three extensions granted to the Alitalia carrier for the return of the 900 million Euro bridge loan (plus interest) granted by the Ministry of Economy and Finance (MEF) following the commissioner,... more
AirlinesJet Airways: airport slots will be temporarily assigned
Move to avoid creating an unmanageable situation
To avoid chaos in the aircraft transport sector due to the cessation of all Jet Airways activities, the Indian government will in the next few days form a commission of experts to temporarily assign to... more
AirlinesJet Airways: all the aircraft fleet grounded
Without an investor, soon the end of the company
Jet Airways aircraft will remain grounded from today until it will be found an investor to take over the majority of the shares of the Indian airline, capable also to inject new funds into the cash necessary... more
AirlinesJet Airways: all aircraft grounded from tomorrow
Flight operations will be suspended
According to what was reported by the Indian press the credit institutions would have rejected the request of the air carrier Jet Airways for a new loan, which will probably cause the company to stop all... more
AirlinesEtihad Airways: Chief Financial Officer Mark Powers resigns
New problems for the carrier?
For Etihad Airways there are not only problems related to the economic situation, since yesterday the Chief Financial Officer (CFO) Mark Powers resigned after about a year of work in the Abu Dhabi carrier.... more
AirlinesAviation report (2). Ryanair welcomes EC Group recommendations on reform of European ATC
The note issued by the Irish low-cost carrier
The Irish low-cost carrier Ryanair issued the following note regarding the publication of the recommendations by the EC:"Ryanair welcomed yesterday (April 15) the publication of the 10 recommendations... more
AirlinesAsiana Airlines: soon the sale of the low-cost Air Busan and Air Seoul?
It could be a prerequisite for new financing
Asiana Airlines' creditors are evaluating a plan to maintain financial support for the Korean carrier, which due to the debts accumulated in recent years is about to face a period of corporate restructuring... more
AirlinesJet Airways: proposal to suspend all operations
Block to intercontinental flights extended to Thursday
The management of Jet Airways during yesterday's board meeting -according to "ET Now"- proposed to suspend all operations of the air carrier until a buyer is found for the majority of the shares. Furthermore,... more
AirlinesAvianca Brasil: 179 flights cancelled due to lack of aircraft
First victory of a leasing company in court
The problems continue for Avianca Brasil which on Friday announced the cancellation of 179 connections scheduled until Wednesday. A decision taken after a judge from San Paolo rejected the airline's... more
AirlinesAsiana Airlines: will the Kumho Group sell a third of the shares?
Possible sale for 315 million dollars
Attempts by Kumho Asiana Group to save the South Korean carrier Asiana Airlines, which in recent years has recorded an excessive increase in expenses, increasing its debt almost uncontrollably, continue.... more
AirlinesJet Airways: meeting between banks today for a new loan
From tomorrow there may be no more cash on hand
More than a thousand of Jet Airways pilots who have not received their salaries in the last three months should have been on strike today, in a move that would have caused a total blockage of the airline's... more
AirlinesJet Airways (2): an urgent meeting called by the Indian Prime Minister
Is it ready a new attempt to save the carrier?
The office of the Prime Minister of India has called -according to the local press- an urgent meeting with the State Bank of India (SBI), with the minister of Transportation and the once of the Economy... more
AirlinesHong Kong Airlines: shareholders ask to see the last balance sheet
Condition for the financing of flight operations
Hong Kong Airlines shareholders asked to the HNA Group to present the 2018 balance sheet as a basic condition to obtain a $ 255 million loan, necessary to allow the company to remain operational and not... more
AirlinesJet Airways: all international flights temporarily cancelled
Aircraft fleet reduced by almost 80%
The number of Jet Airways aircraft that are grounded by leasing companies continues to increase, so much so that the size of the fleet has been reduced by 80% and should be below the 20 usable planes.... more
AirlinesAlitalia. Jacobs: "Ryanair always interested in a feeder"
"In the future? In Europe there will be only 5 carriers"
"Alitalia cannot survive alone and will need a partner in the future, we as Ryanair remain interested in a collaboration for the federation of domestic flights", so the Chief Marketing Officer of the low-cost... more
AirlinesJetBlue Airways: first connections to London from 2021
The low-cost will convert the order to Airbus in A-321LR
On intercontinental flights between the United States and Europe, the low-cost JetBlue Airways will also enter by 2021 aiming to open the New York-London and Boston-London flights, offering low-cost fares... more
AirlinesUnited announces additional service from Washington
Flights will be launched in fall 2019
Washington-Dulles International Airport (IAD) announced Wednesday that United Airlines will add two daily non-stop flights to Fort Myers and Sarasota, Florida, beginning October 27, 2019, providing new... more
AirlinesNorwegian Air: delivery of Airbus aircraft delayed
Decision taken to save capital in 2019
Norwegian Air has agreed with Airbus -via Irish leasing company Arctic Aviation Assets- to postpone deliveries of the A-320neo and A-321LR aircraft to next year in order to save about 570 million dollars... more
AirlinesAsiana Airlines: 3 years to restructure the carrier
A € 390 million loan is requested
If Asiana Airlines will fail to complete its restructuring plan over the next three years, which would allow it to return to positive operations, the main shareholder of the carrier -Kumho Asiana Group-... more
AirlinesRolls-Royce: new inspections on all Trent 1000 TEN engines
An improved version should be presented by 2020
After Singapore Airlines grounded two Boeing B-787/10 Dreamliner aircraft powered by Rolls-Royce Trent 1000 TEN engines, on which it was verified that the turbine blades were consuming faster than expected,... more
AirlinesEtihad Airways: Dreamliner plane on the Abu Dhabi-Milan route
It will replace the obsolete A-330s used so far
Short from the world. Etihad Airways will introduce the B-787/9 Dreamliner aircraft to operate flights between Abu Dhabi and Milan starting from next September 1, 2019. The new planes will replace the... more
AirlinesEtihad: seeks lenders for 600 million dollars
Required annual loans to pay for ordered aircraft
Etihad Airways is trying to find a loan of around 600 million dollars to allow the management to proceed with the payment of the ordered aircraft, and to do this -according to the local press- it would... more
AirlinesJet Airways: 2 days to submit offers for the majority
Does the Delhi government study Plan B?
The future of Jet Airways will be decided by April 10, the deadline set by the State Bank of India (SBI) to present initial offers to take 75% of the airline's shares in poor financial conditions.... more
AirlinesKorean Air: the president and CEO Cho Yang-ho passed away
Two weeks ago he was disheartened by the board of directors
After a long lung disease, the owner, president and CEO of Korean Air Cho Yang-ho passed away today, after a few weeks of struggles with the shareholders who had managed to end his mandate on the board... more
AirlinesTap Air Portugal receives the first A-321LR aircraft
The aircraft will be operated on the Lisbon-Tel Aviv route
Lisbon-based TAP Air Portugal has taken delivery of its first of twelve A-321LRs on order, becoming one of the first airlines to operate a combined A-330neo and A-321LR fleet. The A-321LR is the large... more