Norwegian Air shareholders have approved radical restructuring to the budget airline's business profile, as senior executives look to steer the company through the Covid-19 downturn.
The European Commission has approved the French government's €7bn bailout of Air France-KLM to help it survive the COVID-19 pandemic.
The French government has tacked a number of environmental requirements to a multibillion-euro rescue package offered to the national carrier. Last week, Finance Minister Bruno Le Maire told the French Parliament that support for the airline would not come in the form of a “blank cheque”. Moreover, funding will be contingent on Air France’s willingness
Boeing has released its much-awaited Q1 figures in a virtual meeting broadcast to partners and shareholders.
China's domestic traffic is now just 33 per cent lower than pre-outbreak levels, according to new data from consultancy and analytics agency Cirium.
Lufthansa is reportedly on the brink of bankruptcy as negotiations continue with the German government for a €9bn bailout.
