3 July 2020

Five American airlines agree deal on government loans with U.S. Treasury

Under a US$25 billion emergency loan program, five American airlines have confirmed they have successfully concluded negotiated loan deals with the U.S. Treasury. Unlike previous financial assistance in the form of payroll assistance which did not have to be repaid, this new financial aid will be in the form of a repayable loan, though the […]

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ACI and IATA call for governments to bear costs of public health measures

Airports Council International (ACI) World and the International Air Transport Association (IATA) have urged that costs related to public health measures aimed at mitigating the spread of communicable diseases should be borne by governments. The COVID-19 pandemic’s effect on the industry and broader economy has halted aviation at global level, leading to multi-billion losses in

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Ryanair and U.K. pilot union BALPA agree on pay cuts

The British Airline Pilots Association (BALPA) has accepted a four-year agreement for Ryanair’s U.K. pilots, which includes a 20% pay reduction restored over four years, along with productivity improvements on rosters, flexible working patterns and annual leave to minimize U.K. pilot job losses. The BALPA agreement was accepted by 96% of Ryanair’s U.K. pilots on

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Tor-Arne Fosser joins Norwegian as Executive Vice President Airline Ecosystem

Tor-Arne Fosser will join Air Shuttle ASA, trading as Norwegian, as Executive Vice President (EVP) Airline Ecosystem from October 1, 2020. He is currently the Chief Marketing Officer for Telenor Denmark. Fosser has worked over 16 years for Telenor, where he was also Senior Vice President for Marketing in the Telenor Group. He is now

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Helvetic Airways takes delivery of Embraer’s 1,600th E-Jet

Embraer has delivered its 1,600th E-Jet, an E190-E2 to Helvetic Airways of Switzerland. Airlines and leasing companies from some 50 countries have added Embraer E-Jets to their fleets since the first-generation jets entered revenue service in 2004. The new, highly fuel-efficient second-generation E-Jets family, the E2s, started flying with airlines in 2018. Helvetic Airways is

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