Lufthansa accepts $9.8 bn rescue deal from Berlin
With that, Berlin's government would become a shareholder with a 20% stake in the airline...
Tag : aviation
Airline debt to increase by 28% this year to $550 bn: IATA
The figure represents an increase of $120 bn in total debt, of which $67 bn comes from government loans...
Thai Airways to let go more than 6000 employees
Cabinet decides to restructure the carrier as per the bankruptcy act...
Dnata, Etihad Airways partner to promote Abu Dhabi
The new partnership will enable Dnata to gain a competitive advantage and develop an extensive portfolio of brands...
British Airways to take delivery of its first Boeing 787-10
The new Dreamliner variant will join the existing 787-8 and 787-9 aircraft that are already part of the carrier’s fleet...
EgyptAir to receive $127.39 mn to weather coronavirus crisis
The government will support the carrier until it returns to 80% of its 2019 operation...
DXB passenger traffic drops 19.8% in Q1 2020
A total of 17.8 mn passengers passed through through the DXB gates between January and March 2020...
Qatar Airways in talks to postpone aircraft purchase
The carrier is in talks with Boeing and Airbus to defer orders for several years...
IATA: Average airfare in Middle East to jump by 50%
This is mainly due to the social distancing measures adopted to fight the virus...
Colombian airlines Avianca files for bankruptcy
More than 80% of Avianca's income has been affected by the pandemic...