Korean Air has decided on a substantial issue of new shares as part of its efforts to raise KRW2.2 trillion ($1.8 billion) in funds to boost liquidity during the COVID-19 crisis.

Cathay Pacific shareholder Qatar Airways is willing to invest more in the Hong Kong airline, which is currently working on a restructuring plan to survive the COVID-19 crisis.

Welcome to Routes’ weekly look at how Europe's aviation market is responding to the COVID-19 coronavirus pandemic, helping you understand the schedule changes and manage the impact so we can navigate through this crisis together.

Israel´s government will grant El Al Airlines loan guarantees for 80% of a $400 million loan to help it survive the COVID-19 crisis on condition that the nation’s flag-carrier lays off a third of its 6,000-strong workforce as part of a restructuring.

In accordance with an updated NOTAM from the UAE General Civil Aviation Authority (GCAA), flydubai must keep its passenger operations suspended through June 4 as part of the government’s precautionary measures implemented in response to COVID-19.

United Airlines selected current EVP and chief administrative officer Brett Hart as the company’s next president, part of a leadership transition…

Some U.S. airlines have discovered a workaround to the CARES Act’s prohibition on employee pay cuts, and their unions are not having any of it. 

There are now at least 19 entities expressing interest in buying Virgin Australia during the airline’s administration proceedings, according to court documents.