All News

Azul announced on Friday that they have sold their six percent equity stake in TAP Air Portugal, valued at R$65 million, to the Portuguese..

Alaska Airlines announced on Thursday that they have raised nearly $1.2 billion in private funding, bolstering the carrier’s liquidity...

The Virgin Australia Group announced today that the carrier’s Administrators have entered into an agreement with Bain Capital who are to...

KLM announced on Friday that they have secured €3.4 billion in new financing to secure their future as the weather the global COVID-19...

The Qantas Group announced on Thursday a comprehensive recovery plan for a stronger future in the post-pandemic environment. The carrier...

American Airlines announced on Sunday a proposal to raise an additional $3.5 billion through an offering of senior secured notes, a new...

United Airlines announced on Monday that they will secure $5 billion in new financing using their MileagePlus loyalty program as collateral.

Air Transat announced on Thursday a second quarter net loss of $179.6 million or $4.76 per diluted share on a 36.3 percent revenue decline..

Austrian Airlines announced on Monday that they have received financial aid from the Federal Government and Lufthansa, as well as loans...

Cathay Pacific announced on Tuesday a plan to raise HK$39 billion in recapitalization financing. The Hong Kong-based carrier’s plan is...

Singapore Airlines announced on Monday that they have secured S$10 billion in fresh liquidity through a recent Rights issue as well as...

TUI announced on Wednesday that it had reached a comprehensive agreement with Boeing over the grounding of the 737 MAX. TUI will be...

Lufthansa reported on Wednesday a first quarter net loss of €2.1 billion on an 18 percent revenue decline to €6.4 billion. In a separate...

Air Canada announced on Tuesday the closing of their previously announced share and convertible senior notes offering, raising gross...

AEGEAN announced on Wednesday that they will be restarting direct flights from Thessaloniki to six international destinations from June...

LATAM Airlines Group S.A. announced on Tuesday that the company and its affiliates in Chile, Peru, Colombia, Ecuador and the United States..

Deutsche Lufthansa AG announced on Monday that their stabilization package has been approved by the Economic Stabilization Fund (WSF) of...

Finnair announced on Wednesday that the Finnish Government has approved a guarantee of the carrier’s pension premium loan up to €540...

Norwegian Air announced on Wednesday that they have finalized their recapitalization plan, including the approval of NOK 2 billion in...

Thai Airways International announced on Tuesday that although the Thai Cabinet approved the carrier’s reform plan under the auspices of...