London City Airport (LCY/EGLC) recommenced commercial operations today when Loganair’s flight LM3287 landed from the Isle of Man. The flight was expected to land at 18:10 but touched down at 17:33 ending a near 3-month period for the Airport where it only saw military traffic using it for training and [read more]
Defunct UK Regional Airline Flybe (BE/BEE) has been given a small glimmer of hope yesterday after Cyrus Capital advisor Jonathan Peachley told an australian newspaper that “It’s definitely not the case that we have abandoned Flybe,” Flybe collapsed earlier this year when the airline failed to raise the cash needed [read more]
London Southend Airport (IATA: SEN, ICAO: EGMC) is located around 35 miles from central London and until the 1970s was the 3rd busiest London airport, losing its crown to Stansted. The airport is a base for Low-cost carriers Easyjet (U2/EZY) and Ryanair (FR/RYR) as well as seeing operations from Wizz [read more]
Loganair (LM/LOG) and Stobart Air (RE/STK) are two airlines seeking help to weather the Coronivirus (COVID-19) Pandemic. Ireland-based Stobart Air is seeking protection from creditors, bankruptcy protection, from the Irish courts in a bid to prevent the airline being wound up while Scottish airline Loganair is seeking a bailout from [read more]
Last week saw the launch of Project Wingman which brings airline crews from across UK airlines together to help support the well-being of frontline NHS staff dealing with the Coronavirus pandemic. The project recreates the atmosphere of an airline lounge to help Doctors, Nurses and Health Professionals unwind and get [read more]
Leading low-cost carrier Easyjet (U2/EZY) has said that it is grounding its entire fleet due to the travel restrictions in place as a result of the Coronavirus (COVID-19) Pandemic. The airline had been operating a restricted number of flights in order to get Britons back to the UK but now [read more]
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]
Loganair (LM/LOG) is suspending all flights from Carlisle Lake District Airport from the 27th March in response to the Coronavirus pandemic. The airline, which is the airports only commercial operator, has already suspended its Dublin service but now London Southend and Belfast City will join the suspension leaving the airport [read more]
Loss-making Cardiff Airport (CWL/EGFF) is seeking a £6.8m extension to the existing loan from the Welsh Government just 12 months after recieving a £21.2m loan facility. Senior Members of the Cardiff Airport board will meet with Ministers in Cardiff Bay today to discuss the fiancial state of the airport which [read more]
The Government is considering cutting Air Passenger Duty (APD) on domestic flights in a bid to save regional airline Flybe (BE/BEE). It is understood that Flybe currently owes around £100m in unpaid Air Passenger Duty but deferring it would be seen as state-aid under EU regulations meaning the only viable [read more]
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