European Low Fares Airline Association

British Airways

Retrieved on: 
Friday, October 16, 2020

The Information Commissioner’s Office (ICO) has fined British Airways (BA) £20m for failing to protect the personal and financial details of more than 400,000 of its customers.

Key Points: 

The Information Commissioner’s Office (ICO) has fined British Airways (BA) £20m for failing to protect the personal and financial details of more than 400,000 of its customers.

Airinmar selected by Wizz Air for warranty management services

Retrieved on: 
Wednesday, October 14, 2020

BERKSHIRE, England, Oct. 14, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, the top global independent provider of component repair cycle management and aircraft warranty solutions, signed a new services agreement with European low-fare carrier Wizz Air.

Key Points: 
  • BERKSHIRE, England, Oct. 14, 2020 (GLOBE NEWSWIRE) -- AAR (NYSE: AIR) subsidiary Airinmar, the top global independent provider of component repair cycle management and aircraft warranty solutions, signed a new services agreement with European low-fare carrier Wizz Air.
  • Airinmar will provide a full suite of warranty management services covering airframe, engines and components.
  • These services will integrate with Wizz Airs current materials management activities and focus on maximizing the recovery of Wizz Airs warranty entitlements and reducing the cost of aircraft maintenance.
  • We are delighted to expand our services with Wizz Air, Central and Eastern Europes largest ultra-low-cost carrier said Matt Davies, Airinmar General Manager.

CDB Aviation Agrees to Lease Additional Six A321neos to Wizz Air

Retrieved on: 
Tuesday, October 6, 2020

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today an extension of the companys relationship with Wizz Air Holdings Plc (Wizz Air; WIZZ.L) with an additional sale and leaseback transaction for a batch of six Airbus A321neo aircraft.

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today an extension of the companys relationship with Wizz Air Holdings Plc (Wizz Air; WIZZ.L) with an additional sale and leaseback transaction for a batch of six Airbus A321neo aircraft.
  • Wizz Air is expected to receive four A321neos in the fourth quarter of 2021, with the remaining two slated for the second quarter of 2022.
  • We are delighted to have signed just another deal with CDB Aviation, said Andrs Sebk, Chief Supply Chain Officer of Wizz Air.
  • Wizz Air, the largest low-cost airline in Central and Eastern Europe, operates a fleet of 133 Airbus A320 and A321 aircraft.

DGAP-News: One Square Advisory Services GmbH: Air Berlin PLC - Fourth status report in the insolvency proceedings of Air Berlin PLC available

Retrieved on: 
Monday, September 14, 2020

One Square Advisory Services GmbH: Air Berlin PLC - Fourth status report in the insolvency proceedings of Air Berlin PLC available

Key Points: 
  • One Square Advisory Services GmbH: Air Berlin PLC - Fourth status report in the insolvency proceedings of Air Berlin PLC available
    The issuer is solely responsible for the content of this announcement.
  • Munich, 14 September 2020 - The insolvency administrator of Air Berlin PLC provided KEOS GbR ("KEOS"), in its capacity as joint representative of the EUR 225 million, 2011/2018, 8.250% bonds issued by Air Berlin PLC (the "Bond", ISIN: DE000AB100B4 / WKN: AB100B), with a report on the progress of the insolvency proceedings concerning the assets of Air Berlin PLC.
  • It should be noted that the insolvency proceedings concerning the assets of Air Berlin PLC are non-public proceedings.
  • Bondholders, who have not yet registered with us, are kindly asked to register on our homepage at https://onesquareadvisors.com/bonds/airberlin/ for future updates on the Air Berlin PLC insolvency proceedings.

2020 Analysis of Airline Brands & the COVID-19 Pandemic: Benchmarking 66 Major Airline Brands and their Responses to COVID-19

Retrieved on: 
Friday, September 4, 2020

DUBLIN, Sept. 4, 2020 /PRNewswire/ -- The "Airline Brands & the Pandemic: Benchmarking COVID-19 Policies & Communications" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 4, 2020 /PRNewswire/ -- The "Airline Brands & the Pandemic: Benchmarking COVID-19 Policies & Communications" report has been added to ResearchAndMarkets.com's offering.
  • Airline Brands & the Pandemic evaluates 66 major airline brands and their responses to COVID-19.
  • It focuses on two primary areas of an airline brand's response to the pandemic: its health and safety policy, and the effectiveness of its corporate communications during the crisis.
  • The study assesses the airline industry by analyzing 66 brands and their health, safety, and cancellation policies in response to COVID-19.

CDB Aviation and Wizz Air Agree Sale-Leaseback for Four New A321neos

Retrieved on: 
Wednesday, August 26, 2020

Jourik Hooghe, Executive Vice President & Group Chief Financial Officer of Wizz Air, said: "We are delighted today to be signing a deal with CDB Aviation.

Key Points: 
  • Jourik Hooghe, Executive Vice President & Group Chief Financial Officer of Wizz Air, said: "We are delighted today to be signing a deal with CDB Aviation.
  • Todays operating environment is fraught with significant challenges facing both the airlines and lessors, explained CDB Aviation Chief Executive Officer Patrick Hannigan.
  • Wizz Air, the largest low-cost airline in Central and Eastern Europe, operates a fleet of 127 Airbus A320 and A321 aircraft.
  • Wizz Air is listed on the London Stock Exchange under the ticker WIZZ.

British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee

Retrieved on: 
Wednesday, August 5, 2020

British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee

Key Points: 
  • British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee
    The Chairman and CEO of British Airways, Alex Cruz, will appear at the Transport Committee on Wednesday 16 September at 9.30am.
  • The session will be an opportunity for the Committee to receive an update on the current challenges facing the aviation sector and British Airways staffing plans.
  • The committees June 2020 report, The impact of the coronavirus pandemic on the aviation sector , explored the gravity of the crisis facing the aviation sector.
  • Among recommendations on quarantines and the Governments recovery strategy, MPs condemned the behaviour of British Airways and its parent company towards its employees.

British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee

Retrieved on: 
Wednesday, August 5, 2020

British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee

Key Points: 
  • British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee
    The Chairman and CEO of British Airways, Alex Cruz, will appear at the Transport Committee on Wednesday 16 September at 9.30am.
  • The session will be an opportunity for the Committee to receive an update on the current challenges facing the aviation sector and British Airways staffing plans.
  • The committees June 2020 report, The impact of the coronavirus pandemic on the aviation sector , explored the gravity of the crisis facing the aviation sector.
  • Among recommendations on quarantines and the Governments recovery strategy, MPs condemned the behaviour of British Airways and its parent company towards its employees.

British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee

Retrieved on: 
Wednesday, August 5, 2020

British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee

Key Points: 
  • British Airways Chairman and CEO, Alex Cruz, to appear at Transport Select Committee
    The Chairman and CEO of British Airways, Alex Cruz, will appear at the Transport Committee on Wednesday 16 September at 9.30am.
  • The session will be an opportunity for the Committee to receive an update on the current challenges facing the aviation sector and British Airways staffing plans.
  • The committees June 2020 report, The impact of the coronavirus pandemic on the aviation sector , explored the gravity of the crisis facing the aviation sector.
  • Among recommendations on quarantines and the Governments recovery strategy, MPs condemned the behaviour of British Airways and its parent company towards its employees.

Fareportal Teams Up with British Airways to Bring Customers a Better Booking Experience

Retrieved on: 
Monday, July 27, 2020

NEW YORK, July 27, 2020 /PRNewswire/ -- Fareportal, the travel technology company that powers CheapOair and OneTravel has joined forces with British Airways to launch a New Distribution Capability that will bring customers a personalized travel experience.

Key Points: 
  • NEW YORK, July 27, 2020 /PRNewswire/ -- Fareportal, the travel technology company that powers CheapOair and OneTravel has joined forces with British Airways to launch a New Distribution Capability that will bring customers a personalized travel experience.
  • "Our partnership with British Airways marks an exciting time for the Fareportal team.
  • We're constantly striving to bring our customers new and innovative ways to book flights and now with British Airways we'll be able to continue to provide a seamless experience," remarked Sam S. Jain, Founder and CEO of Fareportal.
  • "Fareportal has been at the forefront of innovation which is what this partnership with British Airways represents.