Virgin Australia’s Administrators have shortlisted 4 potential buyers for the airline. The list was whittled down from at least 8 non-binding bids that were received on Friday. ABC News reports the shortlisted buyers are US private investment firm Bain Capital, Australian private equity firm BGH Capital, US airline investor Indigo Partners and global investor Cyrus…
Today (May 19, 2020), the Thai Cabinet approved the reform plan for THAI which will be implemented through the business reorganization chapter under the auspices of the Central Bankruptcy Court of Thailand and the Bankruptcy Act. In the meantime, THAI is able to operate flights and run its business as usual. Although THAI’ s reform…
Emirates to permanently decommission 40% of its Airbus A380 fleet. Emirates is said to be drawing up plans to permanently decommission 40 per cent of its Airbus A380 superjumbo fleet. The airline is by far the world’s largest operator of the superjumbo and still awaiting for several deliveries. Emirates grounded its A380 fleet on March…
TARMAC Aerosave specialises in the storage and maintenance of aircraft, and business at its Teruel Airport facility. Demand has boomed since coronavirus lockdowns globally forced airlines across Europe to ground fleets for several weeks. No end is in sight for many. Planes showing the markings of commercial airlines including British Airways, Lufthansa and Air France…
The Calgary Zoo is shipping two giant pandas back to China years ahead of schedule due to difficulty obtaining bamboo amid the COVID-19 pandemic. Zoo staff have struggled to import enough bamboo to feed giant pandas Er Shun and Da Mao — who are on loan to Canada from China until 2023 — due to…
British Airways pilots could be seconded to the Royal Air Force under plans being considered by the military. Initial discussions between the RAF and British Airways & the British Airline Pilots Association (BALPA) have begun about the possibility of personnel being seconded to the RAF. Those with previous military service will be able to request…
Passengers travelling with Ryanair will have to ask permission to use the toilet under new rules laid out by the airline. Ryanair prepares to restart 40% of flights in July in the hope that government restrictions on travel in Europe will be lifted. Europe’s biggest airline intends to run almost 1,000 flights a day from…
Delta Air Lines said Thursday it may have 7,000 too many pilots this fall and announced it will retire its fleet of Boeing 777s, a sign the airline expects a lengthy downturn in long-haul international travel as the coronavirus batters demand. The Atlanta-based airline said it has halved its daily cash burn to $50 million a day this month, as…
Qatar Airways to retire around 50 aircraft and almost a fifth of its staff in the wake of the coronavirus pandemic. “Unfortunately, we will have to cut nearly 20% of our workforce – nearly equal to the amount of aeroplanes we will never fly again, over the next three years,” Qatar Airways group chief executive…
Lufthansa Group airlines are expanding June flight schedule significantly. More than 1,800 weekly connections to over 106 German and European destinations and over 20 long-haul destinations will soon be back on offer. With the June flight schedule, the airlines of the Lufthansa Group are significantly expanding their services compared with the previous weeks operation. Lufthansa,…
Delta plans to retire its 18 widebody Boeing 777s by the end of 2020 as a result of the COVID-19 pandemic. The retirement will accelerate the airline’s strategy to simplify and modernize its fleet, while continuing to operate newer, more cost-efficient aircraft. The Boeing 777-200 first entered the fleet in 1999 and grew to 18…
European holidaymakers hoping to catch a plane this summer will have to wear masks and travel light under guidelines set out by the European Commission on Wednesday. The Commission unveiled sweeping proposals aimed at ensuring people can start travelling safely across the continent again as governments try to revive tourism and airline industries brought to…
