Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Casablanca-based Royal Air Maroc will reduce its workforce by about one-third and shrink its fleet as it is reportedly losing MAD50 million ($5 million) every day because of the COVID-19 crisis.
El Al Israel Airlines’ board of directors agreed to a state aid package on July 6, ending drawn-out discussions with the Ministry of Finance regarding an originally targeted $400 million state-guaranteed loan.
Portuguese wetlease specialist Hi Fly has created extra cargo capacity by temporarily removing economy seats from the main deck of its Airbus A380 to meet higher demand for freight services amid the COVID-19 crisis.
