Monthly Archives: May 2021

Travel restrictions continue to impact Norwegian operations in April

Norwegian’s traffic figures for April are impacted by government travel restrictions and therefore low demand. In April 59431 customers flew with Norwegian, an increase of approximately 18000 compared to the same period last year. The capacity (ASK) was down 7 percent, and the total passenger traffic (RPK) was up by 115 percent. The load factor […]

Finnair expands home dining options

Finnair has made its range of inflight meals more widely available enabling customers to buy and eat them from the comfort of their own homes – without taking a flight. Customers are now able to purchase the popular meals in Helsinki via the Foodora online food delivery service. Finnair has seen a strong appetite for […]

Air-France-KLM reports €1.2bn loss for first quarter

Air France-KLM has reported a €1.2 billion loss for the first quarter of 2021. As government lockdowns to control Covid-19 continued across Europe, the group flew 4.8 million passengers during the quarter. The figure represents a fall of 73 per cent year-on-year. In a statement the carrier added: “Due to the stricter lockdown in France […]

IAG to offer €800m in new bonds as travel shutdown continues

International Airlines Group (IAG) is launching an €800 million bond issue as the shutdown of international travel in response to Covid-19 continues. The group, which owns British Airways, Iberia and Aer Lingus, will offer the bonds on May 18th, with repayment due in 2028. The offering is being issued by IAG under the powers delegated […]

Boeing Launches $10 Million Emergency Assistance Package to Support India’s COVID-19 Response

Boeing has announced a $10 million emergency assistance package for India to support the country’s response to the current surge in COVID-19 cases. The assistance from Boeing will be directed to organizations providing relief, including medical supplies and emergency healthcare for communities and families battling COVID-19. The Boeing team in India totals 3,000 employees, in […]

Singapore Airlines raises S$2 billion from sale-and-leaseback transactions

Singapore Airlines (SIA) has completed sale-and-leaseback transactions for 11 aircraft, comprising seven Airbus A350-900s and four Boeing 787-10s, raising approximately S$2.0 billion in total. The transactions were arranged by four different parties, as follows: Lease Arranger Aircraft Aergo Capital Limited 1 Airbus A350-900 1 Boeing 787-10 Altavair 4 Airbus A350-900s EastMerchant / Crianza Aviation 1 […]

American Airlines reopens more Admiral lounges

As American Airlines continues welcoming customers back to the skies, the airline is reopening additional Admirals Club lounges and adding enhancements to give customers more peace of mind when traveling. Lounges reopening in May include the Phoenix Sky Harbor Airport (PHX) Admirals Club at gate B7 and the Miami International Airport (MIA) lounge at gate […]

High Court rejects Ryanair compensation claims

Ryanair has been ordered to pay compensation to passengers who saw flights cancelled as the result of industrial action in 2018. The High Court said the thousands of people affected by cancellations or delays during strike action by pilots and cabin crew in 2018 should be compensated. The low-cost carrier claimed that “extraordinary circumstances” applied, […]