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FILE PHOTO: EasyJet planes parked at Luton airport after the airline grounded its entire fleet LONDON (Reuters) - EasyJet can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and…
OSLO (Reuters) - The shares of Norwegian Air plunged by more than 60% on Tuesday as they resumed trade after the airline proposed a financial rescue package on April 8 that would significantly dilute existing…
FILE PHOTO: Easyjet founder Stelios Haji-Ioannou speaks at a media event to celebrate 20 years in business at Luton Airport (Reuters) - Stelios Haji-Ioannou, the founder of easyJet Plc <EZJ.L>, has warned that he will…
PRNewswire/ -- Volaris (NYSE: VLRS), the ultra-low-cost airline serving Mexico, the United States and Central America, announces that pursuant to a decree published in the Official Gazette of the Federation, the Government of the United Mexican States, acting through the…
SEOUL, April 2 (Reuters) - South Korean budget airline Eastar Jet plans to lay off about 700 out of some 1,600 employees due to operational difficulties from the coronavirus outbreak, the carrier's spokesman said on…
Norwegian is pleased to announce that two Nordic banks have obtained credit committee approval to provide a guarantee for the required 10 percent for the first tranche of 300 million Norwegian kroner (NOK). Norwegian will…
PARIS (Reuters) - Airbus <EADSY> said in a stock market filing on Monday that customers could seek to cancel or postpone delivery of airliners and helicopters as the coronavirus crisis continues to escalate. It issued…
- Government extends restrictions to all of Italy Ryanair today (Tues 10 Mar) announced the suspension of its full flight schedule to/from and within Italy, following the decision of the Italian Government to “lock down”…
Allegiant Travel Company (NASDAQ: ALGT) today announced plans to establish a base of operations at Concord-Padgett Regional Airport (USA). The Las Vegas-based company will invest $50 million to establish the new base in Concord, creating at least 66 high-wage jobs and…
Written by Adam Thorn Virgin Australia’s share price dipped below 10 cents on Monday – days after credit rating agency Standard & Poor’s downgraded its outlook to negative. The drop represents an enormous fall from a…
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