Tag: government funding

London Luton Airport welcomes funding for airspace upgrade

London Luton Airport welcomes funding for airspace upgrade

London Luton Airport (LLA) has welcomed an announcement by the Department for Transport (DfT) that the Government is to provide funding to get the UK’s airspace modernisation programme back on track. £5.5m has been made available to ensure LLA, along with 20 other UK airports, can continue to ...

Norwegian appreciates support from the Norwegian Government

Norwegian has announced that the government of Norway has decided to support and contribute to the airline’s funding of new capital, pending certain conditions. This move significantly increases Norwegian’s chances of working through the crisis caused by the pandemic and to position itself as a ...

Norwegian forced to furlough an additional 1,600 employees following the government’s decision not to give further support

Norwegian is forced to furlough employees and reduce capacity considerably following the government’s decision to not support the company financially to get through the corona crisis while simultaneously imposing travel restrictions that actively discourage passengers from travelling. The conseque...

South African Airways Operations Suspended Until Funding Found

By James Field airwaysmag.com The administrators in charge of South African Airways (SA) have suspended the airline’s operations until the government injects the funding it has promised. They say the state-owned airline is being put under “care and maintenance” until funding for the R10bn (US...

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