Norwegian requests extensions for two bond issues valued at 346 million

Norwegian Air Shuttle (NAS) has requested extensions of two of its bond issues (NAS07 and NAS08) before the Oslo Stock Exchange, valued at 380 million dollars (346 million euros) until November 2021 and February 2022 , respectively, so it will offer holders of these unsecured issues a guarantee package backed by its portfolio of ‘slots’ […]

Air China does not plan to buy the Hong Kong airline Cathay Pacific

The airline Air China Ltd does not plan to buy the Hong Kong company Cathay Pacific Airways Ltd, as confirmed by a director of the Chinese state airline to the newspaper ‘South China Morning Post’. “Based on what I know, I don’t think that is anywhere on the agenda,” Air China director Stanley Hui told […]

Ryanair Spanish pilots massively support going on strike

Ryanair pilots have massively supported the adoption of legal measures, including the strike, as a measure of protest over the announced closure of the bases of Tenerife South, Las Palmas de Gran Canaria and, possibly, Gerona, some closures that “will mean dismissal of more than 100 pilots throughout Spain, “according to the Sepla union. More […]

Ryanair starts an ERE for 512 employees after confirming the closure of the bases of Las Palmas, Tenerife, Girona and Lanzarote

Ryanair has initiated a process of collective dismissal that could affect about 512 cabin crew and pilots after confirming the closure of the bases of Las Palmas and Tenerife South, which also add Lanzarote and Girona, for next January 8 , as reported by USO in a statement. Specifically, the workforce adjustment would affect 512 […]