On Watch: Aeromexico among five fresh airline casualties

Only two weeks in, July has seen five more carriers enter bankruptcy proceedings or cease operations, bringing the total to 21 airlines or airline groups in forms of insolvency since April 2020.

Transaction Economics
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Covid-19 bailouts: Brussels Airlines aid takes Lufthansa's total to $12bn

The Belgian government and Lufthansa agreed on a stabilisation package to rescue Brussels Airlines. The latest $335 million in state aid takes Lufthansa Group’s tally to $12 billion. more


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On Watch: Aeromexico and SAA cut aircraft as Jeju ditches Eastar

South Korean LCC Eastar Jet has joined Ishka’s On Watch list after peer airline, Jeju Air, announced it had scrapped plans to purchase of 51% of the carrier. more


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Covid-19 bailouts: US majors support ‘clean’ CARES Act aid extension

Major US airlines will only support a “clean” extension of the payroll support beyond September without “extraneous conditions,” a major trade association has said. more


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