Airbus has announced it's acquired a new €15 billion credit facility and will withdraw its 2020 dividend proposal, which has a cash value of €1.4 billion.
Sinagapore has banned anyone from using its airports to transit, despite Changi Airport being one of the world's most popular layover hubs.
Singapore Airlines announced on Monday morning it will cut 96 per cent of its capacity until the end of April.
Boeing is set to lay off staff and cut its dividend in the wake of a collapse in aircraft orders, The Wall Street Journal has reported.
Several North American regional carriers have cut or ceased operations as the COVID-19 pandemic continues to batter the global aviation industry
Richard Branson is facing a mounting backlash in his home country over his decision to order Virgin Atlantic staff to take eight weeks of unpaid leave and then ask for a government bailout.
