Airline news

Norwegian Subsidiaries Declare Bankruptcy

Norwegian, one of Europe’s largest low-cost airlines has today announced that it plans to lay off 4700 staff. As the struggling airline declares four of its subsidiaries bankrupt. Norwegian were one of the weakest carriers to enter these unprecedented times of uncertainty, as COVID-19 continues to spread. Norwegians rising debts [read more]

Virgin Atlantic (Image: Max Thrust Digital)
Aviation engineering and leasing news

Airbus lobbies government to help Virgin Atlantic

Airbus has lobbied the UK Government to provide a bailout for Virgin Atlantic (VS/VIR) as the airline struggles to survive. Sources close to the airline have said several companies have directly contacted the Government setting out the harm it could do. Those companies are understood to also include Heathrow Airport. [read more]

Virgin Atlantic (Image: Max Thrust Digital)
Airline news

Virgin Atlantic to seek a government bailout

Virgin Atlantic (VS/VIR) is set to ask the UK Government for a bailout totalling around 300 million according to sources close to the airline. The news comes just days after Chancellor Rishi Sunak warned airlines that taxpayers help would be the last resort and they should seek commercial arrangements and [read more]

Eastern Airways Jetstream 41 G-MAJA
News

Eastern is latest airline to suspend flights

Eastern Airways (T3/EZE) has become the latest airline to suspend flights due to the Coronavirus (COVID-19) outbreak as it cancels all but one flight for at least 24 days. The airline announced today that is was suspending all its passenger services with the exception of the Aberdeen to Humberside flight [read more]