Spanish regional carrier Air Nostrum has been forced to ask for loans from a fund managed by state holding company SEPI, requesting €103 million ($124 million) which the company plans to repay in seven years.

U.S. start-up carrier Breeze Airways plans to keep a dual fleet of Embraer E190/195s and Airbus A220s to utilize on secondary short-haul markets and long thin routes. 

Milan-based airline Neos has received tentative approval from the U.S. Transportation Department (DOT) for exemption authority and an amended foreign air carrier permit.

ExpressJet, a U.S. regional carrier which ceased flying last September, is seeking permission to begin scheduled commercial operations under its own brand.

Greek carrier Aegean Airlines has decided to divert funds that were originally allocated to a new training center into working capital.

Air France-KLM is hoping to operate 50% of its normal capacity across the airline group’s entire network during the summer season, CEO Ben Smith said.

Philippine carrier Cebu Pacific has received a $250 million cash injection in the form of convertible bonds from International Finance Corporation (IFC), IFC Emerging Asia Fund and Indigo Philippines LLC, a subsidiary of serial US airline investor Indigo Partners. 

The CEO of start-up Avelo Airlines believes there is opportunity for new entrants amid the carnage wrought on incumbent carriers by the pandemic.