Sky News is reporting British airline Virgin Atlantic has hired Alvarez & Marsal to advise on a potential administration, while it battles to secure a government bailout.
Starting in June, Lufthansa, Eurowings and SWISS will be offering monthly restart schedules to significantly more destinations in Germany and Europe than in the past few weeks. The repatriation schedules will thus end on 31 May.
As of this week, Delta is sanitizing every flight at every Delta airport using electrostatic sprayers, an important achievement on our quest to raise the standards for airline cleanliness.
Lufthansa is negotiating a stabilisation package to the tune of 9 billion euros from the Federal Economic Stabilization Fund to finance the Lufthansa Group
Yesterday, aircraft manufacturer General Electric Co confirmed it was planning on global job cuts, which could hit its aviation division by as much as 25% equating to around 13,000 jobs including both voluntary and involuntary layoffs
Dagens Naeringsliv and public broadcaster NRK are reporting about 95% of Norwegian Air shareholders back rescue plan, converting debt to equity and seen as critical to Norwegian surviving beyond mid-May.