Aeroflot
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Exclusive: Russia plans cash injection for Aeroflot via new share issue - sources
Exclusive: Russia plans cash injection for Aeroflot via new share issue - sources
Russia has drafted a support plan for Aeroflot where the government and state bank VTB would buy into a new share issue by the country's biggest airline, which has been hit by the coronavirus crisis, two sources with direct knowledge[…]
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Created on: Jun 17, 2020 | 11:05 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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Declaration of number of voting rights
Declaration of number of voting rights
Declaration of number of voting rightsInformation relating to the total number of voting rights and shares as required by L.233-8 II of the code of commerce and article 223-16 of the general rulesof the French market authority (AMF).DateNumber of sharesTotal number[…]
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Created on: Oct 2, 2020 | 12:00 pm
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Flight staff of Dutch airline KLM agree on wage cuts, trade union says
Flight staff of Dutch airline KLM agree on wage cuts, trade union says
KLM, the Dutch arm of Air France-KLM SA , has reached an agreement with its flight staff, excluding pilots, over cost cuts needed in return for state aid, trade union FNV said on Thursday.The union had agreed to temporary wage[…]
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Created on: Oct 1, 2020 | 02:15 am
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Air France's revenue fell 70% in August: CEO to paper
Air France's revenue fell 70% in August: CEO to paper
Air France suffered a 70% fall in revenue in August as its international network operated at around 30% of full capacity, its chief executive told Italian newspaper Corriere della Sera.The carrier, part of Air France-KLM group , is still burning[…]
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Created on: Sep 30, 2020 | 05:19 am
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Air France leads tax pushback in climate vs recovery fight
Air France leads tax pushback in climate vs recovery fight
Air France-KLM is battling new green taxes on top of the coronavirus crisis - in a test of growing policy tensions between righting Europe's crippled airlines and delivering on climate goals.The Franco-Dutch group, sustained by 10.4 billion euros ($12.2 billion)[…]
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Created on: Sep 28, 2020 | 03:58 am
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Air France-KLM discussing capital raising: CEO
Air France-KLM discussing capital raising: CEO
Air France-KLM is discussing plans to raise more capital with its main shareholders, the French and Dutch governments, CEO Ben Smith said in an interview.Air France has announced 7,500 job cuts in response to the coronavirus crisis, while KLM expects[…]
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Created on: Sep 21, 2020 | 03:48 am
British Air.
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Coronavirus: Canary Islands added to UK's safe travel list
Coronavirus: Canary Islands added to UK's safe travel list
UK tourists will also no longer need to quarantine after visiting Mykonos, the Maldives and Denmark.
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Created on: Oct 22, 2020 | 16:10 pm
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British Airways Owner Cuts Flight Schedules Again, Warning That the Travel Slump Isn’t Over
British Airways Owner Cuts Flight Schedules Again, Warning That the Travel Slump Isn’t Over
(IAG) owner(IAG)cut its flight schedule for the remainder of 2020, as it flew to a loss and warned that the coronavirus-related travel slump had deepened more than expected.Shares in the airline fell nearly 2% in London trading.IAG, which runs airlines[…]
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Created on: Oct 22, 2020 | 08:10 am
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British Airways jumbo saved from scrap heap by film deal
British Airways jumbo saved from scrap heap by film deal
A British Airways jumbo jet has found a new role as a film set, saving it from the scrap heap where dozens of BA's other retired jumbos have ended up.British Airways said that one of its 747s will fly to[…]
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Created on: Oct 22, 2020 | 06:17 am
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British Airways owner IAG cuts flight numbers again
British Airways owner IAG cuts flight numbers again
Airline group IAG is reducing capacity further as it reports a hefty loss for the past three months.
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Created on: Oct 22, 2020 | 05:48 am
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British Airways Parent Cuts Flight Schedule to 30% of Last Year
British Airways Parent Cuts Flight Schedule to 30% of Last Year
(Bloomberg) -- IAG SA, the owner of British Airways, slashed fourth-quarter capacity and no longer expects to break even during the period as fresh travel restrictions and virus infections keep would-be travelers at home.The airline group, which also includes Spain’s[…]
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Created on: Oct 22, 2020 | 03:29 am
China Southern
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China's largest carrier is back buying aircraft as Southern Airlines sells bonds to fund its order of Airbus' narrow-body jets
China's largest carrier is back buying aircraft as Southern Airlines sells bonds to fund its order of Airbus' narrow-body jets
China Southern Airlines, operator of the country's biggest aircraft fleet, is back in the market buying new planes and engines, resuming its expansion mode after putting six months of an air travel slump behind it.The carrier is issuing up to[…]
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Created on: Oct 14, 2020 | 05:30 am
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Cheap seats give Chinese airlines a much-needed passenger bounce
Cheap seats give Chinese airlines a much-needed passenger bounce
Looking to travel from Beijing to Hangzhou in eastern China?Led by China Eastern Airlines Corp's June offer of unlimited weekend flights until Dec. 31 for 3,322 yuan($485), domestic carriers have fallen over themselves to woo passengers back with bargain-basement fares.At[…]
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Created on: Sep 7, 2020 | 04:14 am
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Oil Prices Face a Chill Autumn Wind
Oil Prices Face a Chill Autumn Wind
(Bloomberg Opinion) -- As the summer driving season fades in the rearview mirror, oil markets are taking on a distinctly chilly air.The recovery in demand has officially stalled, just as the OPEC+ countries are starting to taper their record output cuts. With[…]
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Created on: Sep 6, 2020 | 01:00 am
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The World’s Jumbo Jets Are Heading for the Boneyard
The World’s Jumbo Jets Are Heading for the Boneyard
(Bloomberg Opinion) -- The queens of the skies have fallen on hard times.As Covid-19 has frozen the international travel on which they once thrived, double-decker, four-engine planes like the Airbus SE A380 and Boeing Co. 747 are more likely to be[…]
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Created on: Jul 31, 2020 | 20:00 pm
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In China, airlines plug 'all you can fly' deals to pierce coronavirus clouds
In China, airlines plug 'all you can fly' deals to pierce coronavirus clouds
China Southern Airlines on Tuesday rolled out an 'all you can fly' pass, becoming the latest in a fleet of cash-strapped carriers to join a promotional craze that analysts say has helped revive a coronavirus-ravaged air travel market.At least eight[…]
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Created on: Jul 28, 2020 | 00:48 am
