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The Jakarta Post
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aviation

German government moves to rescue Lufthansa bailout
Business 3 months ago

German government moves to rescue Lufthansa bailout

Lufthansa was plunged into crisis after efforts to contain the coronavirus pandemic brought air trav...
American Airlines seeks $3.5 billion in new financing
Business 4 months ago

American Airlines seeks $3.5 billion in new financing

American Airlines Group Inc said on Sunday it plans to secure US$3.5 billion in new financing, to im...
Airlines seek to assuage passenger concerns with new health protocol
Business 4 months ago

Airlines seek to assuage passenger concerns with new health protocol

Airlines are seeking to regain passengers' confidence to fly through the enforcement of health p...
Bondholders approve Garuda Indonesia’s sukuk extension
Business 4 months ago

Bondholders approve Garuda Indonesia’s sukuk extension

Garuda president director Irfan Setiaputra said 90.88 percent of the bondholders, accounting for $45...
Lufthansa says up to 26,000 employees at risk of losing jobs
Business 4 months ago

Lufthansa says up to 26,000 employees at risk of losing jobs

Lufthansa admitted on Wednesday that the positions of up to 26,000 employees are surplus to requirem...
Garuda may increase fares as capacity cap hits revenue
Business 4 months ago

Garuda may increase fares as capacity cap hits revenue

Garuda flight traffic has dipped 83 percent year-on-year as of April. 
Air Canada raises $1.2b to keep flying in pandemic
Business 4 months ago

Air Canada raises $1.2b to keep flying in pandemic

Air Canada raised nearly Can$1.6 billion (US$1.2 billion) from the issue of new stocks and debt in o...
UN agency recommends health guidelines for airlines
World 4 months ago

UN agency recommends health guidelines for airlines

Mask wearing, temperature controls, disinfection of aircraft: the International Civil Aviation Organ...
Boeing set to announce significant US job cuts this week: Union
Business 4 months ago

Boeing set to announce significant US job cuts this week: Union

In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to low...
Russia's Aeroflot reports 95% April passenger drop
Business 4 months ago

Russia's Aeroflot reports 95% April passenger drop

The Aeroflot Group carried 11.4 million passengers in the first four months of 2020, which is 34.7 p...
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