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Delta Pilots Accept Pay Cuts For No Furloughs Until 2022

Delta Pilots Accept Pay Cuts For No Furloughs Until 2022

The pilots of Delta Air Lines will avoid furloughs for the next year, thanks to a vote in favour of pay cuts. The agreement allows the airline to lower their hours by a maximum of 5%. The Airline Pilots Association (ALPA), representing almost 13,000 Delta pilots,...
Norwegian Air Attempts Debt Restructuring in High Court

Norwegian Air Attempts Debt Restructuring in High Court

In an attempt to avoid collapse, Norwegian Air has turned to the Irish High Court, to restructure its debt and get access to liquidity. The company is thus seeking bankruptcy protection. Months ago, the troubled airline received federal aid from the Norwegian...
British Airways Lockdown Measures

British Airways Lockdown Measures

The British government’s announcement of a second lockdown due to the pandemic, forces British Airways to restrict its operations dramatically, and quickly. The airline has detailed information on its website, to assist passengers whose bookings may need changing....
KLM Bailout At Risk Due to Rejected Wage Freeze

KLM Bailout At Risk Due to Rejected Wage Freeze

On Saturday the Netherlands government decided to freeze a planned bailout worth € 3.4 billion, as KLM pilots refuse a wage freeze until 2025. The pilots have already agreed a freeze to 2022 for previous bailouts. On Friday, KLM had called on its unions to agree to...
easyJet Sells And Leases Back Another Nine Aircraft

easyJet Sells And Leases Back Another Nine Aircraft

With a second wave of the pandemic on the rise in Europe and after reported losses, easyJet takes more measures to protect its cash reserves. The low-cost carrier is currently flying only a quarter of its normally scheduled flights. This isn’t the first sale and...