LOT Polish Airlines resume long-haul flights after 3 months of suspension

LOT Polish Airlines has resumed its first international flights since the suspension of passenger flights in mid-March. As of this month, LOT’s route network will include the first long-haul flights to Canada, South Korea and Japan, as well as flights to the UK, Albania, Montenegro and Ukraine. The first passengers flew on-board LOT planes toRead More

Emirates processes nearly 650,000 refund requests in 2 months

In the past two months, Emirates has processed nearly 650,000 refund requests, returning over AED 1.9 billion to its customers and making good on its promise to expedite refunds after the COVID-19 pandemic disrupted travel plans for millions of customers around the world. In April, Emirates had announced that it would ramp up its refundsRead More

Emirates plans to reduce more staff as Covid-19 takes a serious toll

Emirates plans to cut an unspecified number of jobs as the coronavirus pandemic takes its toll on the Gulf carrier. The Dubai-based airline said on 31 May that it has come to the conclusion that “we unfortunately have to say goodbye to a few of the wonderful people that worked for us”. All possible scenariosRead More

ANA to undertake debt financing from Japan

All Nippon Airways’ parent company has decided to undertake a fresh round of debt financing from the Development Bank of Japan, amounting to Y350 billion ($3.3 billion). The agreement is subject to a 29 June borrowing deadline and the debt financing will be repaid over the long term, “determined by negotiation with the lender”, ANARead More

Norway extends state loan guarantee scheme for airlines

Norway’s government plans to extend its state loan guarantee scheme for airlines until the end of October saying the crisis is lasting longer than envisaged when the program was initially launched. The government launched the scheme in March, under which NKr6 billion ($533 million) was directed at three carriers – Norwegian, SAS and Wideroe. HalfRead More

85% airlines could go bankrupt before year-end, says experts

The aviation industry, which supports 65.5 million jobs around the world, including 10.5 million people employed at airports and by airlines, and contributes $2.7 trillion in world economic activity, will take three years to return to operational levels seen just before the Covid-19 pandemic broke out, global aviation bodies and leading airlines said. While twoRead More

Norwegian plans relaunch with smaller fleet and fewer destinations from 2021

Norwegian’s shareholders have voted in favor of its plan to convert debt to equity and relaunch operations with a smaller fleet and fewer destinations from 2021. The airline should now be able to access the rest of its NKr3 billion ($288 million) bailout package from Norway’s government, which is conditional upon cutting its debt-to-equity ratio.Read More

United cuts 85% of international flights

United Airlines Holdings Inc. will slash international flights by 85% in April, the most among major US carriers, as the coronavirus outbreak kills demand for air travel. The carrier will also reduce flights across the US and Canada by 42%, and is monitoring changes in local rules and government restrictions before further adjusting its schedule,Read More

Thai carriers temporarily suspend international flights

Thai low-cost carriers have announced temporary suspensions of international services. Thai AirAsia says its suspension of international flights began on 22 March and will end on 25 April, and that the decision was taken “in accordance with travel restrictions being enforced by various governments and relevant health authorities”. Domestic flights will continue. Cirium schedules dataRead More

Lufthansa Group extends repatriation flight schedule until May

Due to the continuing travel restrictions, Lufthansa today decided to extend its repatriation flight schedule, which was originally scheduled to run until 19 April, until 3 May. This also means that all remaining flights of the original flight schedule between 25 April and 3 May will be cancelled. Flights which were planned to operate untilRead More