The World of Aviation

Following weeks of speculation from media and industry sources, Virgin Atlantic has confirmed that it has closed a £1.2 billion rescue deal. On Tuesday, the beleaguered British carrier announced that it had settled on a privately-funded recapitalisation package – one that largely mirrors leaked reports. New York-based hedge fund Davidson Kempner (DK) will provide about

British Airways has confirmed that it is poised to auction off 17 pieces of artwork from its corporate collection on 28 July, in a bid to raise much-needed cash. First to go under the hammer at Sotheby’s “Rembrandt to Richter” event will be Bridget Riley’s “Cool Edge” (pictured below). Demoted from pride of place at

The UN’s top court has effectively ruled that a three-year-long ‘blockade’ of Qatar aircraft by Bahrain, Egypt, Saudi Arabia and the UAE is illegitimate.

Boeing has released its delivery figures, which reported just 20 deliveries of commercial aircraft over the last three months. 

An Air France Boeing 777-300 made an emergency landing at its departure airport on Reunion Island after the crew saw smoke in the cockpit.

With border closures changing by the minute, the team discuss whether airlines were preemptive in committing to getting planes back in the sky?