Stuart Hatcher, IBA’s COO, says the impact of Covid-19 on airline and lessor finances will lead to a decline in aircraft values of over 10% for newer aircraft types and up to 30% for older aircraft in the short term. .read more ...
Good afternoon from Geneva. Brian Pearce, our Chief Economist has explained the current situation that the global air transport industry finds itself in. .read more ...
Worst hit industries: aviation, oil & gas, tourism & leisure, restaurants, retail Brand Finance has measured levels of business impact categorised by: limited impact, moderate and worst hit .read more ...
20 March 2020: Fiji Airways, Fiji’s National Airline, has today announced that it will suspend all international flights until the end of May, with the exception of twice-weekly services between Singapore and Nadi. .read more ...
Sabre Corporation (NASDAQ: SABR), the leading software and technology company that powers the global travel industry, announced today that it is taking significant measures to strengthen its financial position in response to the current industry conditions. .read more ...
Delta Air Lines today announced it has entered into a $2.6 billion secured credit facility, enhancing the company’s liquidity as it manages through an unprecedented decline in air travel demand due to the COVID-19 outbreak. .read more ...
