Tuesday, June 2. June is on the calendar, which means airlines have targeted a slow but progressive return to flying after two months of almost no activity. They include airlines in Europe but Singapore Airlines has planned a progressive return to…
Embraer reported a $-292 million net loss attributable to shareholders for the first three months of 2020. This compares to -42.5 million in the same period last year, the Brazilian OEM said on June 1. Adjusted net loss was $-104…
SAS is in advanced discussions with the Swedish and Danish governments about a recapitalization plan that could result in the two major shareholders increasing their share. The aim is to give the Scandinavian airline adequate levels of funding and liquidity,…
Thursday, May 28. Airlines in Europe keep announcing a return some form of flying again from June. But this comes at a price: at the same time some have confirmed more job reductions as they enter a new phase in…
Lessor AerCap has agreed with OEMs to defer deliveries of over 100 aircraft to 2023 and beyond, it announced on May 26. “We have taken these steps to better align our delivery schedule with the needs of our airline customers…
Major South-American airline group LATAM is doing ‘an Avianca’. Like its competitor, it has filed for Chapter 11 bankruptcy protection with the US Bankruptcy Court in the Southern District of New York to reorganize the company, it announced in the…