07/08/2020

Covid-19 bailouts: Trump backs further $25bn for US airlines

The political momentum behind a proposed extension to the US CARES Act payroll support program makes its continuation likely, but the terms and size are yet to be negotiated.


Transaction Economics
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Wizz Air CEO: ‘We’ve been hit, but our competitors have been hit harder’

Wizz Air CEO Jozsef Varadi has reaffirmed the airline’s expansion plans as many of its competitors are “contracting in a big way and creating a market vacuum behind them” due to the effects of Covid-19, creating an opportunity for the low-cost airline. more

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On Watch: Curtain call for AirAsia Japan as Malaysia Airlines issues bankruptcy warning

AirAsia Japan will close its doors on 5th December, the first Japanese carrier to crumble due to coronavirus and under strain from its parent company, AirAsia Group. more

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Covid-19 bailouts: Govt support for Malaysia Airlines dims as owner hints at liquidation

The confirmed state aid tally grew by nearly $5 billion since the last update, with the vast majority attributable to state investments in China Eastern Airlines. more

15/10/2020

in Airline Profiles , Aircraft Finance Market

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