Latvia’s Riga airport prepares for the resumption of flights

Latvia’s Riga airport prepares for the resumption of flights

The number of passengers passing through the Baltic’s largest hub by the end of the year could be 1.6 million instead of the planned eight million[...]
Aeroflot’s net loss reached US$215 million in the first quarter of 2020

Aeroflot’s net loss reached US$215 million in the first quarter of 2020

Russia’s largest airline group is also predicting a significant degradation in its financial position in the second quarter[...]
Ukraine’s SkyUp targets the air cargo business after the quarantine is over

Ukraine’s SkyUp targets the air cargo business after the quarantine is over

The private leisure airline is turning to a new line of business[...]
LCC Wizz Air to set up another base in Ukraine

LCC Wizz Air to set up another base in Ukraine

The Hungarian low-cost carrier is to stage another aircraft and launch seven new routes from the country in July[...]
Kazakhstan to cautiously re-launch its air transport industry

Kazakhstan to cautiously re-launch its air transport industry

The country’s domestic air travel market has been in full lockdown for more than a month[...]
Aeroflot to increase its domestic flights in May

Aeroflot to increase its domestic flights in May

Russia’s flag carrier operated fewer domestic flights in April than its private rival S7 Airlines[...]
S7 Technics gains EASA Part-21 G approval for aircraft cabin carpets production

S7 Technics gains EASA Part-21 G approval for aircraft cabin carpets production

Which gives it an ability to speed up the replacement process of aircraft cabin carpets[...]
Utair suggests a new debt restructuring plan

Utair suggests a new debt restructuring plan

The debt-stricken Russian airline is asking creditors to partially write off debts and extend grace periods[...]
Russia’s airlines will need US$5 billion in state support, says owner of S7 Airlines

Russia’s airlines will need US$5 billion in state support, says owner of S7 Airlines

Vladislav Filev insists that a level playing field for all industry participants should take priority over direct state support[...]
CargoLogicAir’s UK licences are re-established

CargoLogicAir’s UK licences are re-established

Russia’s Volga-Dnepr Group freighter affiliate takes off again to support current urgent medical missions[...]
Fitch revises Russia’s largest leasing company's outlook to stable, at 'BB+'

Fitch revises Russia’s largest leasing company's outlook to stable, at 'BB+'

GTLK’s revision reflects the significant impact of the COVID-19 pandemic on the Russian economy[...]
Estonia’s Magnetic MRO expands its engine workshop capabilities

Estonia’s Magnetic MRO expands its engine workshop capabilities

The aircraft maintenance company is preparing for increased demand for lighter and cheaper technical care services[...]
As Utair’s passenger numbers collapse 10-fold, the Russian airline is moving into cargo

As Utair’s passenger numbers collapse 10-fold, the Russian airline is moving into cargo

After the grounding of half of its fleet, the carrier’s daily flights schedule has been reduced five-fold[...]
New board chairwoman appointed at Baltic’s largest airport, extraordinary saving measures to be introduced

New board chairwoman appointed at Baltic’s largest airport, extraordinary saving measures to be introduced

Laila Odiņa has replaced Ilona Līce as the new chairperson of Riga Airport board[...]
Aeroflot given 300 million roubles to sustain its air connections with Kaliningrad

Aeroflot given 300 million roubles to sustain its air connections with Kaliningrad

Market suspicions that the Russian government will exclusively support the state-owned flag carrier through the COVID-19 crisis appear to be materialising[...]


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