Scandinavian Airlines (SAS) is aiming to complete its revised SEK14.25 billion ($1.64 billion) recapitalization by November, after providing fresh terms to appease commercial investors who balked at the company’s original proposal.
Ireland-based carrier CityJet is seeking new opportunities in the European regional market, following its exit last week from the country’s examinership process, the local equivalent of Chapter 11.
Japan’s two major airlines are continuing to trim down their domestic schedules as a second wave of COVID-19 cases dampens the country’s demand rebound.
The Singaporean government will support local airlines with another S$187 million ($136 million) in relief to tide over the aviation sector to March 2021 as the COVID-19 pandemic drags on.
Delta Air Lines is on track to test its entire workforce for COVID-19, as the carrier looks to reassure passengers about the safety of flying during the COVID-19 pandemic.
Despite positive signs for a recovery in domestic demand, Brazil’s Azul has reached a deal with its lessors for a significant reduction in payments for 2020 and plans to defer more than 80 aircraft deliveries to 2024 and beyond.
As Europe gets back to work after the traditional summer break, Air France-KLM CEO Ben Smith will be rolling up his sleeves for the next phase of plans to revamp Air France—plans which have become even more important since the COVID-19 crisis.
Etihad Airways believes its restructuring measures, which had been implemented before the COVID-19 pandemic hit earlier this year, will help the Abu Dhabi-based carrier return to full operations faster.
Blanket quarantines of passengers flying between countries should be replaced by risk-based testing protocols backed by health certificates and other tactics that reassure the traveling public amid the COVID-19 pandemic, Airports Council International (ACI) World said Aug. 14.
Cathay Pacific is the latest Asia-Pacific carrier to scale back its capacity recovery plans as COVID-19 infections spike in different parts of the region.
Worldwide turboprop utilization in July reached its highest levels so far in 2020, with 85,574 multi-engine flight hours and 61,510 single-engine flight hours, according to Aviation Week Intelligence Network flight tracking data.
New Zealand’s airlines are cutting back domestic services after travel restrictions were extended because of a resurgence of coronavirus cases within the country.
General aviation operations at Chicago Executive Airport reached a five-year record for traffic in July, following a drop in the spring from the effects of the COVID-19 pandemic.
New analysis from Airlines for America (A4A) found that New York and New Jersey—two U.S. states hit hardest by the COVID-19 pandemic—also lost the most commercial airline service in the U.S. in July.
By William Garvey, Jessica A. Salerno, Molly McMillin
The COVID-19 pandemic that forced the NBAA to cancel its 2020 Business Aviation Conference and Exhibition is the latest event termination this year for the organization.