Three local banks are set to loan Vietnam Airlines VND4 trillion ($174 million), while separately plans have been revealed for Vietnam's first dedicated cargo carrier.

Singapore-headquartered lessor Avation has renegotiated its order for eight ATR 72-600s, canceling firm orders for six aircraft and changing delivery dates for the remaining two.

Norwegian Group has rejected media speculation that it plans to close Irish subsidiary Norwegian Air International (NAI), however a greater focus on simplicity could ultimately lead to some consolidation among its five air operator’s certificates (AOCs).

The lessor has acquired 10 mid-life narrowbodies from BOC Aviation, as a first step toward its target of having 100 aircraft on its books in the next three years.

Flights canceled by the Fort Worth-based carrier account for approximately 1% of its daily operation in July, the company said, adding that it has “ramped up quickly to meet the surge in demand for air travel this summer.” 

Lagos-based Green Africa has temporarily suspended bookings to mitigate against any further disruption.

European airports, which did not receive government aid to the same extent as airlines, are looking to recoup their losses, but carriers are urging them not to undermine the nascent recovery.

The State-Owned Enterprise Ministry of Indonesia (BUMN) is reportedly deliberating whether to save or shut down its national airline, Garuda Indonesia, after the carrier defaulted on a $500 million Islamic bond.