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.
Star Alliance member EgyptAir and hybrid LCC Air Cairo have signed an MOU to enhance their strategic positioning and integrate their network and fleet, in an effort to overcome the repercussions of the spread of COVID-19.
Swiss International Air Lines (SWISS) must cut costs by 20% under a new business plan after Switzerland’s federal councils approved a CHF1.3 billion ($1.3 billion) commitment loan for SWISS and its leisure company Edelweiss Air.
Icelandair is planning a new share issuance to boost its liquidity and ensure connectivity to the Northern Atlantic island, while discussions are ongoing regarding a possible government-backed credit line.
