Is there a future for Virgin Australia? That’s the question now that the company has filed for voluntary administration on April 21 and is seeking investors who are confident enough to continue with the 20-year-old airline. For the moment, the…
Norwegian has filed for bankruptcy for four of its crew subsidiaries in Denmark and Sweden, it announced on April 20. The low-cost airline has also canceled crew provision agreements with OSM Aviation for crew based outside Scandinavia. In total, 4.705…
The global coronavirus crisis has decimated traffic and impacted airline traffic worldwide. Aircraft have been grounded worldwide, but some aircraft types will be more negatively impacted than others. Several older and less efficient aircraft will find values essentially at scrap…
Commercial How coronavirus brought aerospace down to earth – FT CDB Financial scraps purchase of 29 737 MAX – Yahoo First Production Viking CL-415EAF – VikingAir Business JetSuite grounds planes and furloughs staff – DallasMonringNews Airlines Air NZ sees a…
A blunder or at least a serious misjudgment: that’s the proposed bonus increase for KLM CEO Pieter Elbers. It was on next Thursday’s annual general meeting for KLM’s shareholders but after a storm of criticism has been withdrawn by the…
News: The coronavirus has already taken its first airline victim, Germanwings, a part of Lufthansa Group. While this airline was already in trouble, the coronavirus and travel bans were the impetus to finally push it over the edge. While its…