Aviation

Condor will receive a state-guaranteed loan of 550 million euros as Covid-19 aid and to fully refinance the bridging loan it received following the insolvency of Thomas Cook.

Air France and Transavia have operated more than 1,800 flights from 132 airports, enabling the repatriation of more than 270,000 passengers since March 14.

The Covid-19 health crisis is forecast at leading to a 52 percent decline in the number of passengers to Greece this year, according to IATA.

The Air France – KLM Group has secured at least 9 billion euros in government aid dedicated to Air France and KLM following talks with the French and Dutch governments.

Emirates is stepping up precautionary measures at the airport and on board to ensure the health and safety of its employees and customers.

Lufthansa Group is in intensive negotiations with the governments of its home countries regarding various financing instruments to sustainably secure its solvency in the near future.

International air passenger totals could drop by as many as 1.2 billion travelers by September 2020 due to the Covid-19 pandemic, according to the UN’s civil aviation agency ICAO.

Qatar Airways and Standard Chartered have signed a US$850 million financing deal for seven Boeing 787-9 aircraft.

Airline companies may soon be implementing mandatory mask-wearing on flights as a response to the coronavirus pandemic.

Etihad plans to operate a reduced network of scheduled passenger services from May 1 to June 30, with the aim of gradually returning to a fuller schedule as and when the global situation improves.