Page 95 - Comair News Today

Flag carrier Garuda Indonesia (GIAA.JK) will return two Boeing B737-800 jets to one of its lessors before their lease term ends as part of its efforts to improve its finances, the airline said in a statement on Monday.

European airlines said on Thursday they will seek to weaken passenger compensation and refund rights in the wake of the COVID-19 pandemic, which left the industry struggling to reimburse billions of euros in fares for grounded flights.

Wall Street stocks ended firmer on Thursday, with the S&P 500 (.SPX) hitting a record closing high, as economic data appeared to support the Federal Reserve's assertion that the current wave of heightened inflation will be temporary.

Investors only have until 30 June, 2021, to take advantage of the generous tax deductions available by investing in a Section 12J Fund.

The head of Qatar Airways on Thursday urged the board of Airbus (AIR.PA) to intervene in a dispute between the two companies, telling Reuters that failure to find a solution would risk "industrial repercussions" for the European planemaker.

Boeing’s (BA.N) crown as the world’s biggest plane-maker looks increasingly lopsided. Punchy new production targets from Airbus (AIR.PA) and Boeing’s lingering woes over the ill-fated 737 MAX point to the European manufacturer turning in the higher-flying performance. Assuming Chief Executive Guillaume Faury delivers, Airbus’s days in Boeing’s valuation slipstream may be numbered.

1/2 The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker//File Photo Read More Qatar Airways is weighing a multibillion-dollar investment with a potential order for 30 or more freighters, attracting interest from Boeing Co (BA.N), which has begun offering a freighter version of its future 777X jetliner, the airlines chief executive said. In April, the Gulf carrier said i...

By Graham Dunn2021-06-02T09:21:00+01:00 It has been more than a year since the Covid crisis first brought the shutters down on international air travel, with many markets remaining that way for much of the time since. There has been no escape, even for the most successful of operators, from collapsing revenues and the need to quickly bolster liquidity as airlines have been forced to dig in for the duration. Source: Jon Hemmerdinger / FlightGlobal David Neeleman opens a bottle of champagne ahe...

Few airline markets have been as challenging as South Africa, even before the Covid crisis hit. Yet the tough climate did not deter South African carrier Lift from joining the fray in December last year. Indeed, in many ways, it helped its entry.

Opinion: The process of business rescue, offered by Chapter 6 of the 2008 Companies Act, is not necessarily a bad thing.