Thai Airways seeks $1.8 bn loan to deal with coronavirus crisis
The carrier plans to raise 77.04 bn baht in capital by issuing new shares later this year...
Tag : IATA
IATA: Oman’s airlines to suffer revenue losses of $724 mn in 2020
Oman's aviation industry could see 4.3 million fewer passengers in 2020...
Ethiopian Airlines launches cargo services to Hyderabad, India
Ethiopian Airlines will be operating Boeing 777-300 aircraft with a capacity of 50 metric tons per flight...
Covid-19 could result in 400,000 jobs losses in UAE’s aviation industry
IATA believes job losses in the UAE’s aviation industry will be the highest compared to other Gulf nations...
Thai Airways awaits bailout package; nearing bankruptcy
The carrier has requested for a ฿70 billion bailout package from the Thai government...
Etihad announces special flights to Europe and Japan
The airline will fly to Brussels, Dublin, London, Tokyo and Zurich between April 14 and 22...
Airlines in UAE could lose $5.36 bn in revenue due to coronavirus
IATA reports that around 287,863 jobs could be cut in the UAE aviation sector...
Singapore Airlines raises S$19 bn to survive the coronavirus crisis
The airlines’ biggest shareholder Temasek will underwrite the sale of shares and convertible bonds for up to S$15 bn...
72 airlines cut capacity by 100% amid Coronavirus outbreak
85% of the global airlines have made capacity cuts of 60% or more as Covid-19 spreads...
India is the fastest growing domestic aviation market in 2017
The country holds the leading position in aviation for three straight years...