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Lufthansa agrees to rescue Brussels Airlines
Belgian authorities have reached an agreement with Brussels Airlines (SN) and its parent company Lufthansa (LH) regarding the rescue of the Belgian flag carrier. The agreement for the airline to obtain a €290m loan in exchange for sufficient guarantees is still pending the approval of both the Belgian government and the Euro… read more
Hotel industry releases top 5 requirements to travel safely
The American Hotel & Lodging Association (AHLA) released the “Safe Stay Guest Checklist” for guests on how to travel safely while also creating a standardized safety experience nationwide. This checklist is part of AHLA’s Safe Stay guidelines, an industry-wide, enhanced set of health and safety protocols designed to provide a safe and… read more
ElAl: Flight suspension extended
El Al Israel Airlines (LY) has today extended its suspension of flights to the end of August and said it reached cost-cutting agreements with the country’s main labor union, facilitating a government bailout.
On July 7, LY decided to accept a rescue package from the Israeli government after its first rejection of the measure.… read more
Aeroflot will operate only long-haul routes
The CEO of Aeroflot, Vitaly Savelyev, has presented to the Prime Minister of the Russian Federation, Mikhail Mishustin, a new strategy for the Group until 2028. The airline’s CEO also said that Aeroflot wants to become a 5-star Skytrax airline.
“The strategy was developed in December 2019, but it is now very relevant. The strategy i… read more
Air traffic in Europe on the rise again
Air traffic in Europe is on the rise again after very difficult months due to the coronavirus crisis. Eurocontrol counted 90,549 flights last week, or 36.6% of the number of flights made in the same week last year, according to a tweet posted on Monday by the Director-General of Eurocontrol Eamonn Brennan (see hereunder).
On … read more
Qantas stops international service until 2021
Throughout the entire COVID-19 pandemic, Qantas (QF) has been known to react extremely early, and with today’s news, that point has been driven home. In the past few days, QF has removed inventory on all international flights [aside from New Zealand] through March 28, 2021.
While the flights have not yet been formally canceled, a removal o… read more
Istanbul; Hagia Sophia to be converted into a mosque
Dating back to the 6th century, the Hagia Sophia is one of the most visited cultural sites in Turkey, as well as a UNESCO World Heritage Site.
UNESCO has expressed concern over Erdogan’s vision for the historic structure, noting in a statement on Friday that the building has a“strong symbolic and universal value.” It called on Turke… read more
Portugal re-nationalises TAP Air Portugal
The Portuguese government announced Thursday the renationalisation of its flagship airline TAP Air Portugal. The state will acquire 72.5% of the capital to prevent a collapse of the airline due to the coronavirus crisis.
The government already owns 50% of the shares and will invest 55 million euros to increase its equity to 72.5% in… read more
US air travel rebounds
ForwardKeys, the travel analytics company, has revealed that a rebound is underway in domestic aviation in the United States and the high spot is the upcoming long weekend to mark American Independence Day.
An analysis of new flight tickets issued between the start of the year and mid-June shows that the bottom of the market was dur… read more
El Al Suspends Operations Indefinitely
Israeli flag carrier El Al Israel Airlines (LY) has announced all flights and other operations have been suspended. The announcement comes in a turbulent time for the airline, with Q1 cash loss and workforce union disputes. El Al CEO Gonen Usiskhin ordered all aircraft to return to Israel, and the airline is reportedly refusing to rebook … read more
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