The International Air Transport Association (IATA) estimated that the airlines could lose $84.3bn this year and the French Government planned to unveil an emergency fund worth up to €10bn for the aerospace industry. Aerospace-technology.com wraps up top news stories of June 2020.
French flag carrier Air France is reportedly planning to cut 7,500 jobs from its sister company Air France Hop.
US carrier Alaska Airlines has announced that it raised approximately $1.2bn in debt financing amid the coronavirus (Covid-19) pandemic.
The Council of the International Civil Aviation Organization (ICAO) has taken a decision on the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
US low-cost carrier JetBlue has entered an agreement with the Air Line Pilots Association (ALPA) to avoid involuntary furloughs.
Gloabl carrier Aeromexico and some of its affiliates have filed voluntary Chapter 11 petitions in the US.
Air navigation service provider Airservices Australia has further extended the maintenance and support agreement with software products and services provider Rimini Street for its mission-critical SAP platform.
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