Berlin government, Lufthansa pursue rescue deal: Sources
BERLIN: Lufthansa (LHAG.DE) and the Berlin government are pursuing a 9 billion euro ($9.76 billion) rescue package for the airline, company and government sources said on...
Airline SAS cuts up to 5,000 jobs due to pandemic
STOCKHOLM: Scandinavian airline SAS (SAS.ST) said on Tuesday it could reduce about half its workforce as it struggles to survive the coronavirus outbreak. Big airlines...
No decision yet on state aid for Germany’s Lufthansa
BERLIN: Berlin will decide on state support for Lufthansa once the country’s largest airline applies for aid and all facts are on the table, the...
Airbus warns staff on jobs with its ‘survival at stake’
PARIS: European planemaker Airbus (AIR.PA) issued a bleak assessment of the impact of the coronavirus crisis, telling the company’s 135,000 employees to brace for potentially...
Norwegian Air’s debt plan sharply dilutes stake of current owners
OSLO: Norwegian Air’s (NWC.OL) proposed financial rescue plan could leave current shareholders with a combined ownership stake of just 5.2%, details of its proposed debt-to-equity...
Israel’s El Al extends passenger flight suspension until May 9
TEL AVIV:El Al Israel Airlines (ELAL.TA) on Sunday extended its suspension of scheduled passenger flights by a week until May 9 but said it will...
Low-cost airline Wizz to resume some flights from Luton airport
LONDON: Low-cost airline Wizz Air (WIZZ.L) said on Saturday it would restart some flights from London’s Luton Airport on May 1, becoming one of the...
Mumbai Airport announces safety measures for post-lockdown period
NEW DELHI: AAI-GVK group-run Mumbai airport on Saturday announced a slew of safety measures for resumption of commercial air passenger services in the post-lockdown period....
Airbus achieves world’s first fully automatic refuelling contacts
NEW DELHI: Airbus has achieved the first ever fully automatic air-to-air refuelling (A3R) operation with a boom system. The flight test campaign, conducted earlier in...
Boeing’s F-15 Qatar advanced Jet completes successful first flight
NEW DELHI: Boeing successfully completed the first flight of the F-15QA fighter, the most advanced version of the jet ever manufactured. Developed for the Qatar...