FNNNF News and Press, Finnair Oyj From 05/28/21

Global airline body International Air Transport Association is pushing for more aggressive environmental targets for the airline industry as it throws its voice into the pushback against oil majors being generated by activists and shareholders.IATA thinks the backlash against Exxon, Chev...

Cowen forecasts a slow recovery for the European airline sector."We believe Europe is 4 to 6 months behind the Americas, and that although we saw a big increase in summer bookings when the UK’s Prime Minister indicated he will be reopening in mid-May, we believe those bookings are regi...

Bank of America points to weakening trends in the European airline sector amid a tightening of COVID-19 restrictions. "Systemwide net sales for flights booked in Europe fell to -88% yoy for the week ending 10 January, a deterioration vs. -83% the prior week. International net sales were down ...

A group representing major U.S. airlines is reportedly supporting a proposal by public health officials to start requiring negative tests before most international air passengers return to the U.S. under a global testing program. The effort is being led by Airlines for America, which rep...

COVID-19 measures adopted today in Europe fall short of what is needed to boost demand, according to groups representing airlines and airports.The IATA says the biggest complaint is that the measures fail to propose the replacement of quarantine requirements with coronavirus tests and won't s...

Deutsche Bank explains some of the headwinds for the European airline industry as COVID cases accelerate in certain areas. The analysis could dampen some of the enthusiasm over the ramping up of testing capabilities by airline companies. "Rising COVID-19 infections in numerous EU countries ha...

Investment thesis AerCap Holdings ( NYSE: AER ) is the l argest owner of commercial airplanes in the world with a portfolio of 939 units with a net book value of $35.9 billion as of the end of 2019. With the coronavirus spreading across the globe, the a viation industry is a ...

The capacity cuts keep pouring in from international airlines. More news on: LATAM Airlines Group S.A., Azul S.A., International Consolidated Airlines Group, S.A., Consumer stocks news, Stocks on the move Read more ...

"Without a lifeline from governments we will have a sectoral financial crisis," according to the International Air Transport Association, which called for extending lines of credit to airlines, reducing infrastructure costs and cutting taxes. More news on: JetBlue Airways Corporation, Am...

An unprecedented 30-day ban on foreigners arriving from most of Europe is set to further roil the travel industry, especially ahead of the peak spring and summer travel season. More news on: American Airlines Group Inc., United Airlines Holdings, Inc., Delta Air Lines, Inc., Top stock mark...