easyjet sees no ability to cancel an order for 107 Airbus A320neo-family aircraft without having to compensate the airframer and exposing itself to other additional costs, the airline said in its HY1 2020 results statement. Over recent weeks, a public…
Air France-KLM confirms it is in in-depth discussions with the French and Dutch governments and financial institutions about strengthening its liquidity position, the Group said on April 9. The airlines are implementing additional cost-cutting measures but without additional financing, Air…
Lufthansa Group will significantly reduce its fleet as it prepares for the post-Covid 19 return to service, the airline said on April 7. The reduction and reorganization will include all airlines and result in a yet to be confirmed number…
The European Regions Airlines Association (ERA) and seven stakeholder organizations are calling on European governments to provide immediate relief measures including direct or public cash injections, they said in a statement on April 3. The association of 58 regional airlines…
[UPDATED 2] The industry shutdown has been a series of hard bumps. As airlines saw their bookings drop off a cliff, they cut back service on a day to day basis. Bookings were so abruptly cut, that airlines were caught…
The US airline industry has followed a path previously walked by the auto industry – cap in hand to Washington for help. This does make sense, given the massive disruption that hit within the past three weeks. So what are…