In France, there is even debate to partly nationalize Air France-KLM in order to secure the future. Talks between Air France-KLM CEO Ben Smith and French finance minister Bruno Le Maire are fueling the rumors, the FD writes. On Sunday, Dutch Finance Minister Wopke Hoekstra (CDA) promised during the Buitenhof television program that the Dutch … Read more
Not only since the Thomas Cook bankruptcy, the aviation industry has been increasingly in crisis. But with the outbreak of the corona pandemic, some airlines are threatened existentially. Because several countries have already imposed entry stops and as a result more and more flights are canceled worldwide. The industry is hitting the measure decided by … Read more
Norwegian Air’s measures may seem drastic, but it highlights the scale of the problems facing the sector as the coronavirus emergency deepens. The airline hopes to be able to redirect most of its customers to the United States through its routes from London. Photo: AAS ERLEND / AFP / Getty Images – The airline stocks … Read more
In view of the corona virus, Lufthansa is breaking demand. For this reason, shareholders should not receive a distribution for the past financial year. The group wants to remain liquid in the crisis. Deutsche Lufthansa plans to forego a dividend for the past financial year due to the corona virus crisis. In addition, the airline, … Read more
The novel lung disease “Covid-19” is spreading rapidly across the globe. More than 128,000 infections with the corona virus have now been confirmed worldwide. More than 4700 people have already died. The developments in the news blog. Governments worldwide are trying to curb the coronavirus pandemic. The Number of dead and infected increases daily. The … Read more
Airlines are also increasingly reacting to the rapid spread of the corona virus. Easyjet cancels flights and presents a savings program. A region is particularly affected by the restriction of flight plans. Because of the spread of the novel coronavirus The British airline Easyjet is canceling flights and is also presenting a savings program. Connections … Read more
Saturday February 22, 2020 China’s standstill is contagious Here the virus has hit the economy fully By Diana Dittmer – The effects of the corona epidemic can no longer be overlooked. In China, hardly anyone buys a car, container trips are canceled, airlines predict losses in the billions. Is there a global recession looming? Is … Read more
economy billions in losses Fear of corona virus causes air traffic to collapse dramatically – – As of February 20, 2020 | Reading time: 2 minutes – – – – Coronavirus affects Adidas business in China – – The corona virus is affecting the business of the sporting goods manufacturer Adidas in China. A significant … Read more
Stig Kjos-Mathisen, CEO of the Norwegian Block Exchange (NBX) cryptocurrency exchange, said the platform has created a payment infrastructure that will allow Norwegian Air Shuttle customers to purchase tickets for digital assets. It is reported by CoinDesk. A new option may be presented in the coming spring, but will be available only to residents of … Read more
Recordings from the control tower and data from Flightradar24, which has analyzed Aviation news media partner NH News, show that the Ryanair-Boeing 737-800 was 50 meters above Zwanenburgbaan when the pilots were ordered to continue. Sixteen aircraft would have already landed on the runway that had not yet been released by Schiphol. After the restart, … Read more