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The European Commission yesterday approved part of the Latvian government's € 45 million investment in the airline's equity in accordance with EU state aid rules. This injection of funds is necessary to make up for the losses
The decision has been made: the federal government will contribute to the air traffic control costs at Mönchengladbach Airport (MGL). The control zone with instrument flight operations is thus secured in the long term. “The federal government's financial commitment is an important sign for the
The US airline United Airlines has already had to use the red pencil six times due to the ongoing stresses caused by the Corona crisis. But this time there is also good news. United Airlines, like the rest of the industry, is suffering from the consequences of the pandemic.
The British low-cost airline would like to increase its capacities for the summer in view of the growing number of passengers. In the months of July to September, the offered capacity should reach up to 60 percent of the level from 2019,
Seraph Aviation Group, an aviation asset manager headquartered in Dublin, announced after the completion of an open tender process that it has successfully placed two A320-200s with Pakistan International Airlines. The carrier originally had eight narrow-body aircraft
A few weeks ago, the Irish regional airline Stobart Air was sold to the Isle of Man-based Ettyl Ltd. proclaimed. This deal is apparently in jeopardy because the current owner was Esken
The last year ended with a record loss for the Irish low-coster. This year the tide should turn again: Ryanair sees the aviation industry back in the fast lane. Below the fraction line was for the twelve months
The airport operator Fraport has to pull out the red pencil. Because of the effects of the pandemic, the group will have to accept a significant loss. With a decline in sales by more than half, the previous year resulted in a net loss of
Due to the corona pandemic, the existence of two airports in the greater Stockholm area is in acute danger. The government wants to close the inner-city Bromma Airport, which has been known for a long time. Now goes to the one used by low-cost airlines
Dortmund Airport had to record a 55 percent decrease to 1,2 million travelers in the previous year. This is also reflected in the financial data significant because, according to media statement by the "corona damage" is around eleven million euros. presented on Friday
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