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Luis Gallego officially takes over the helm at IAG

International Airlines Group (IAG) has confirmed that Luis Gallego, the former chairman of Iberia, one of the Group’s carriers, has officially taken over from Willie Walsh as Chief Executive, effective Tuesday September 8, immediately after the Group’s Annual General Meeting. Commenting on his new position, Gallego said: “It’s an honour to become IAG’s chief executive,

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Norwegian pins hope on second round of funding as passenger numbers drop 91%

Norwegian Air Shuttle (Norwegian), Norway’s flag-carrying airline, posted passenger numbers for August 2020 which reveal a 91% drop compared to the same period last year, 313,316 as opposed to 3.5 million, respectively, while the majority of its fleet remains grounded. Currently the airline has plans to operate between 25 and 30 of its planes, leaving

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Embraer

Embraer to cut workforce as it deals with pandemic and Boeing U-turn

Embraer has announced it is to shed approximately 900 jobs, approximately 4.5% of its current workforce in a restructuring move. The Brazilian planemaker is struggling to deal with the dual setbacks of the COVID-19 pandemic and Boeing’s cancellation of its deal with the commercial aviation arm of the company. Deliveries of commercial jets have fallen

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Turkish Airlines Pilots agree to 50% pay cut

To cope with the financial devastation caused to airlines by the COVID-19 pandemic, Turkey’s President Recep Tayyip Erdogan has helped broker a deal between trade unions and Turkish Airlines pilots, together with additional workers, that will see wages cut for the coming year by up to 50%. The Hava-Is union represents approximately 75% of the

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