Ethiopian Airlines, the largest airline in Africa, has stated it is ready to rescue other airlines within the continent including the failing South African Airways. This comes despite Ethiopian having its own difficulties due to the COVID-19 pandemic. Chief executive Tewolde GebreMariam has also stated he wants to rescue Air Mauritius, which has gone into
Brazilian aircraft manufacturer Embraer has sought advisory assistance in an move towards formally requesting Brazilian government support after a deal with Boeing fell through. Embraer has hired an investment bank, Itau BBA, to advise in talks with the Brazilian Development Bank (BNDES) for government support. The plane manufacturer is seeking credit lines of between $1
Many airlines are in a rush to convert their passenger planes to freighters since the demand for air travel plummeted drastically due to the coronavirus pandemic.
In an effort to survive the ongoing coronavirus pandemic, Virgin Atlantic is cutting over 3000 staff, a third of its workforce, and will cease using London's Gatwick airport in yet more cost cutting measures.
West London-based Factorydesign is pushing the concept of privacy screens as airlines look for innovative solutions.
Alaska Airlines has announced a huge Q1 loss of $102 million, with its capacity plunging by 80 per cent in April.
