COVID-19: Air Canada Memo Spells New Troubles

Air Canada Merger

CTV News reported today that in a memo to employees today, Air Canada asked staff to consider leaving the company. As there are growing debts in the airline industry, the longer planes are on the ground, the more staff will be lost. Today, the union for Air Canada’s flight attendants asked its employees to consider … Read more COVID-19: Air Canada Memo Spells New Troubles

COVID-19: Avianca in Bankruptcy Protection

Some big airlines have fallen victim to this pandemic. First, it was South African Airways. Then came Virgin Australia. After that, Air Mauritius. Many other airlines also hang in the balance. Now, it’s Avianca. Reuters reported earlier today that the airline has filed for Chapter 11. The second largest airline in South America and a … Read more COVID-19: Avianca in Bankruptcy Protection

COVID19 Claims its first Airline: South African Airways

COVID19 Airline

Re: Airlines and COVID19: Who will weather the storm? Looks like our theory is holding up. Government support is a big player in the industry during these trying times. That’s why, after the South African government pulled it’s funding, South African Airways’ story seems to be coming to an end. Lets see what happened to … Read more COVID19 Claims its first Airline: South African Airways