Aeroflot
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Russia's Aeroflot can receive $107 million in COVID-19 state aid - document
Russia's Aeroflot can receive $107 million in COVID-19 state aid - document
Russia's Aeroflot Group can receive up to 7.9 billion roubles ($106.8 million) in state aid as part of a package to support the country's aviation industry during the pandemic, a government document and Reuters calculations showed.In the document published late[…]
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Created on: May 14, 2020 | 08:19 am
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Russian airlines' March passenger traffic falls 26.6% - Rosaviatsiya
Russian airlines' March passenger traffic falls 26.6% - Rosaviatsiya
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Created on: Apr 8, 2020 | 07:00 am
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We Think Aeroflot - Russian Airlines (MCX:AFLT) Is Taking Some Risk With Its Debt
We Think Aeroflot - Russian Airlines (MCX:AFLT) Is Taking Some Risk With Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
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Created on: Mar 27, 2020 | 02:54 am
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Russia suspends flights to Italy, Germany, France and Spain due to coronavirus
Russia suspends flights to Italy, Germany, France and Spain due to coronavirus
Russia's coronavirus crisis center said on Wednesday that Russia will suspend most flights to and from Italy, Germany, France and Spain over the coronavirus outbreak, starting from Friday.Russia will stop issuing tourist visas to Italian citizens to prevent a spread[…]
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Created on: Mar 11, 2020 | 12:40 pm
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Russia's Aeroflot to suspend Hong Kong flights amid coronavirus fears -Ifax
Russia's Aeroflot to suspend Hong Kong flights amid coronavirus fears -Ifax
Russia's state carrier Aeroflot said on Thursday it would suspend its flights to and from Hong Kong amid fears over coronavirus.The route will continue flying from Moscow to Hong Kong until March 7 and from Hong Kong to Moscow until[…]
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Created on: Mar 5, 2020 | 09:33 am
Air France
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Hedge funds target France as short-selling bans lifted
Hedge funds target France as short-selling bans lifted
A cluster of big name hedge funds have started betting against French companies, moving in after the lifting of a short-selling ban imposed earlier this year to calm financial markets, an analysis of regulatory filings showed.France joined Italy, Spain, Belgium,[…]
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Created on: May 26, 2020 | 07:51 am
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SAS Denmark-Norway-Sweden -- Moody's downgrades SAS' CFR to Caa1, ratings remain on review for downgrade
SAS Denmark-Norway-Sweden -- Moody's downgrades SAS' CFR to Caa1, ratings remain on review for downgrade
Moody's Investors Service, ("Moody's") has today downgraded the corporate family rating of SAS AB (SAS) to Caa1 and its probability of default rating to Caa2-PD.Concurrently Moody's has downgraded the senior unsecured ratings to (P)Caa2 and the subordinated ratings to Caa3[…]
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Created on: May 25, 2020 | 13:29 pm
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Air France must slash domestic traffic in exchange for state guarantees -minister
Air France must slash domestic traffic in exchange for state guarantees -minister
Air France will have to "drastically" reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth Borne said on Sunday.Domestic routes were served by alternatives in the form of high-speed trains, she noted in an[…]
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Created on: May 24, 2020 | 07:41 am
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Air France-KLM bids adieu to A380 jumbo jet
Air France-KLM bids adieu to A380 jumbo jet
Air France-KLM Group (FP: AF) said it has permanently eliminated double-deck Airbus A380 aircraft from its fleet, joining other airlines that also are rationalizing fleets to contain costs amid a dramatic downturn in business caused by the coronavirus pandemic.The current[…]
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Created on: May 22, 2020 | 16:16 pm
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Air France axes A380, Emirates seen cutting deliveries
Air France axes A380, Emirates seen cutting deliveries
The world's largest airliner, the Airbus A380, took a step closer to the aviation archives on Wednesday as Air France said it would permanently axe its grounded fleet and sources said Emirates was in talks to reduce remaining deliveries.The superjumbo[…]
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Created on: May 20, 2020 | 14:40 pm
British Air.
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GLOBAL MARKETS-Europe's travel sector soars, S&P 500 to break 3000 barrier
GLOBAL MARKETS-Europe's travel sector soars, S&P 500 to break 3000 barrier
World shares forged ahead on Tuesday and commodity markets drove higher as well, as investors shrugged off Sino-U.S. tensions to focus on more stimulus in China and a re-opening world economy.Britain's FTSE and Japan's Nikkei led their regions with 1.2%[…]
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Created on: May 26, 2020 | 08:08 am
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TUI surges in London as airline stocks rally on summer tourist season hopes
TUI surges in London as airline stocks rally on summer tourist season hopes
Shares of U.K.-listed, German-headquartered travel operator TUI surged nearly 40% on hopes for summer tourist activity.
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Created on: May 26, 2020 | 07:47 am
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Travel companies lead European stocks higher as global markets rally
Travel companies lead European stocks higher as global markets rally
Travel stocks rallied in Europe on Tuesday as stocks climbed for a second day on optimism over a slowly recovering world economy.
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Created on: May 26, 2020 | 05:40 am
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Air bridges not for now but should not rule out in future -UK interior minister
Air bridges not for now but should not rule out in future -UK interior minister
Britain should not rule out the idea of so-called air bridges with countries who have low infection rates of COVID-19 in the future, interior minister Priti Patel said on Friday.The British government said it would bring in a 14-day quarantine[…]
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Created on: May 22, 2020 | 12:38 pm
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BA chief hits out at unions over redundancy consultation
BA chief hits out at unions over redundancy consultation
The chief executive of British Airways has hit out at two big unions for failing to attend any of its consultation meetings over the airline’s plans to cut up to 30 per cent of its 42,000-strong workforce.In a letter to[…]
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Created on: May 22, 2020 | 00:56 am
China Southern
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An $85 Billion Airline Rescue May Only Prolong the Pain
An $85 Billion Airline Rescue May Only Prolong the Pain
(Bloomberg) -- Governments have devoted more than $85 billion to propping up airlines after the coronavirus pandemic wiped out travel demand and grounded jetliner fleets. But with job cuts racking up, a debate is raging over whether opening the spigot will[…]
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Created on: May 10, 2020 | 07:00 am
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China Southern Airlines Company Limited Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next
China Southern Airlines Company Limited Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next
As you might know, China Southern Airlines Company Limited (HKG:1055) last week released its latest quarterly, and...
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Created on: May 6, 2020 | 18:05 pm
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China Southern Airlines Company Limited Files 2019 Annual Report on Form 20-F
China Southern Airlines Company Limited Files 2019 Annual Report on Form 20-F
China Southern Airlines Company Limited ("ZNH" or the "Company") (NYSE: ZNH) The Company's annual report on Form 20-F for the fiscal year ended December 31, 2019 has been filed with the U.S. Securities and Exchange Commission ("SEC"), which can be[…]
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Created on: Apr 28, 2020 | 07:15 am
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5 Industrial Companies Boosting Book Value
5 Industrial Companies Boosting Book Value
Norfolk Southern makes the list Continue reading...
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Created on: Apr 21, 2020 | 16:10 pm
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China Southern Airlines Company Limited Just Missed Earnings And Its EPS Looked Sad - But Analysts Have Updated Their Models
China Southern Airlines Company Limited Just Missed Earnings And Its EPS Looked Sad - But Analysts Have Updated Their Models
Last week, you might have seen that China Southern Airlines Company Limited (HKG:1055) released its full-year result...
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Created on: Apr 2, 2020 | 18:02 pm
