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…
After weeks of tough negotiations, Lufthansa has concluded a financial aid package with the German government, represented by the Wirtschaftsstabilisierungsfonds (WSF) or Economic Stabilization Fund (ESF). This will give the government a silent share of 20 percent, 23 years after…
Lufthansa and the European Commission have reached a compromise on the terms of the German state aid-package, the airline has confirmed on May 30. The agreement opens the door to final approval from the supervisory board and shareholders, which was…
At what price do you run a low-cost airline? And who will pay the price for a cheap ticket? Questions like this spring to mind when you follow the news around Ryanair’s Austrian subsidiary Laudamotion last week.In a fight not…
Friday, May 22. In recent days, airlines have been announcing a gradual return to flying again. The picture is diffuse, with some offering limited services from the second half of May and others extending their suspensions. So we update our…
News: Delta announced yesterday that it will retire its fleet of Boeing 777 aircraft permanently after its grounding for the COVID-19 crisis. Delta currently has 18 Boeing 777s, including 10 777-200LR models used on ultra-long-haul routes. The 777 first joined…