Search found 2037 matches

by Inquirer
22 Mar 2020, 12:03
Forum: Latest aviation news
Topic: [Coronavirus] State aid for (European) airlines ?
Replies: 37
Views: 2869

Re: [Coronavirus] State aid for (European) airlines ?

Indeed, let's keep the head cool. The Belgian government and the national bank have just concluded an agreement with our private banks to provide businesses in Belgium with additional liquidity to bridge the current crisis. The risks are to be shared between private banks and our government for this...
by Inquirer
20 Mar 2020, 18:33
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus crisis on aviation

Nearly all ground staff at Virgin Atlantic Airways agreed to take 8 weeks of unpaid leave as the coronavirus outbreak batters the industry, according to Chief Executive Officer Shai Weiss. Pilots and cabin crew agreed to “multiple savings” through their unions, Weiss said Thursday in a staff memo se...
by Inquirer
20 Mar 2020, 18:28
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus crisis on aviation

EasyJet will ground the majority of its fleet from Tuesday 24 March, the airline has announced. It will conclude rescue flights to repatriate customers by Monday, and will at most continue to run “a minimal schedule” of essential, mainly domestic routes in the U.K. The airline has asked all staff to...
by Inquirer
18 Mar 2020, 16:54
Forum: Latest aviation news
Topic: [Coronavirus] State aid for (European) airlines ?
Replies: 37
Views: 2869

Re: Brussels Airlines in 2020

https://centreforaviation.com/analysis/reports/wizz-air--ryanair-lead-europe-on-liquidity-for-covid-19-517608 Interesting overview, but there's quite a meaningful error in their analysis, in that they seem to always use the annual turn over of the airline groups as base reference. Whereas this is n...
by Inquirer
18 Mar 2020, 16:27
Forum: Latest aviation news
Topic: [Coronavirus] State aid for (European) airlines ?
Replies: 37
Views: 2869

Re: Brussels Airlines in 2020

But the value of that fleet has just been decimated, no leasing company is going to buy it from you for a descent price. The value of the 380s has been reduced to the value of the aluminium. LH Will have to book enormous losses on their fleet. If you'd sell them now, yes, you'd have to book the cur...
by Inquirer
18 Mar 2020, 11:40
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 242
Views: 39104

Re: Brussels Airlines in 2020

Not really related to B.air itself, but rather Belgian aviation as a whole:

According to de Live newsfeed of De Tijd, a formal demand for public financial support has also been made by 2 other passenger airlines of our country, TUIfly and Air Belgium.
No news about Air Antwerp (yet).
by Inquirer
17 Mar 2020, 13:31
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 242
Views: 39104

Re: Brussels Airlines in 2020

Belga reports that Brussels Airlines will halt all its flights as from Friday till (at least) April 20th.
by Inquirer
17 Mar 2020, 12:17
Forum: Latest aviation news
Topic: Alitalia near bankruptcy. Can it be saved?
Replies: 647
Views: 212488

Re: Alitalia near bankruptcy. Can it be saved?

It is official in the meantime: Italian government to take control of Alitalia: draft decree Pretty much as expected; France is also contemplating stepping in AF, btw. it's within the boundries of realism now that most national carriers will be receiving massive government aid in one way or another...
by Inquirer
16 Mar 2020, 09:57
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus crisis on aviation

AF-KLM to all but stop flying for the next 2 months. https://nos.nl/artikel/2327248-air-france-klm-stopt-bijna-helemaal-met-vliegen-vanwege-coronavirus.html KLM plans to ground almost its entire fleet as it expects capacity cuts of 70 - 90% to be implemented soon. The Dutch government has pledged 't...
by Inquirer
14 Mar 2020, 17:44
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus crisis on aviation

USA has just annonced to extend the travel ban to people from the U.K. and the Republic of Ireland...
by Inquirer
14 Mar 2020, 08:01
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus crisis on aviation

LOT to halt all flying as from tonight.
by Inquirer
13 Mar 2020, 20:57
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus crisis on aviation

latest report is that Bolsonaro does not have Corona President Trump will make an announcement at 03:00 PM Washington time, I guess that will be 21:00 (UTC +1) No, 20:00 our time (UTC+1). US already has daylight saving time (EDT UTC-4). Well he partied with Bolsonaro in Mar-A-Lago this weekend, who ...
by Inquirer
12 Mar 2020, 14:34
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus crisis on aviation

I think the measures taken by Mr Trump indeed haven't been thought through very much, if at all even, beyond just the fact that it will show him decisive in the face of this crisis. The man clearly is in full panic mode now, not listening to any scientific advice and obviously fearing the only thing...
by Inquirer
06 Mar 2020, 08:59
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus on aviation

Belgian government will approve fiscal measures to help Belgian companies suffering from the corona virus crisis. Amongst the measures to be approved today is a delay/cut in social contributions for this year, as well as a delay in the disembursement of TVA collected by those companies. https://www....
by Inquirer
05 Mar 2020, 15:51
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 242
Views: 39104

Re: Brussels Airlines in 2020

I think he simply means that if your position wasn't already the strongest, the Corona story definitely will not help neither Exactly, just as with humans, the virus can be lethal for the weak ones whilst the strong ones just go through a difficult moment but recover quickly. Flybe is, unfortunatel...
by Inquirer
05 Mar 2020, 14:32
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 242
Views: 39104

Re: Brussels Airlines in 2020

For a reminder: Brussels Airlines is an integral part of the Lufthansa group, which isn't exactly a weak company financially, to say the least. Lufthansa knows too this virus and the over-the-top reaction to it by the flying public (spurred by all too much media attention?) is not something which wi...
by Inquirer
05 Mar 2020, 08:13
Forum: Latest aviation news
Topic: Brussels Airlines in 2020
Replies: 242
Views: 39104

Re: Brussels Airlines in 2020

Former Governor of the National Bank of Belgium Jan Smets is to replace Etienne Davignon as Chairman of Brussels Airlines in May. https://www.tijd.be/ondernemen/luchtvaart/smets-en-foerster-nieuwe-covoorzitters-brussels-airlines/10212494.html Simultaneously, Christina Foerster also takes up the co-c...
by Inquirer
04 Mar 2020, 14:15
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus on aviation

British Airways launches ‘book with confidence’ customer policy https://www.aviation24.be/miscellaneous/covid-19/coronavirus-british-airways-launches-book-with-confidence-customer-policy/ BA also have a temporary APU air on whenever passengers are on board policy. (Regardless of airport regulations...
by Inquirer
29 Feb 2020, 22:01
Forum: Latest aviation news
Topic: Impact of the coronavirus crisis on aviation
Replies: 422
Views: 40181

Re: Impact of the coronavirus on aviation

It is now confirmed that HNA will be taken over by the government of the Hainan province. There will be a few options with 2 possible important once: 1. They will rescue them and let them stay independent 2. They will let them merge in one of the several big ones Let's hope that we will not lose th...
by Inquirer
24 Feb 2020, 11:21
Forum: Latest aviation news
Topic: BRU Summer 2020: news, new routes, airlines
Replies: 328
Views: 175613

Re: BRU Summer 2020: news, new routes, airlines

3 brands all right, but isn't Air Transat part of Air Canada too now? In that case, it's pretty much irrelevant who you'd fly with as these flights all fall unter the A++ joint venture, sharing all costs and revenues as if they were one single airlines? or is Air Transat's purchase not completed yet...