A new $1.5 billion leasing platform called KLA Aviation Finance is being formed, through a strategic partnership between opportunistic investor Kennedy Lewis and aircraft management specialist Arena Aviation Capital.

France has set out new stricter travel measures in an attempt to slow the spread of the coronavirus, requiring arrivals to the country from outside the EU to take a COVID-19 test both before departure and after a period of self-isolation on arrival.

Austria’s Innsbruck Airport (INN) is set to close in September for four weeks to allow a major renovation of its 2,000-m (6,562-ft.) runway.

The small African nation of Lesotho has banned all flights, both domestic and international, as a precautionary measure to combat the COVID-19 pandemic.

Responding to a newly imposed additional layer of Canadian COVID-19 restrictions, Air Canada said it will reduce 25% of its planned capacity for the balance of the 2021 first quarter.

The two carriers contend that resuming Japan-Australia routes will be more viable if they are allowed to cooperate closely.

Boeing handed over 24 737 MAXs from its stored inventory in December 2020 but lost customers for nearly as many already-built aircraft, an Aviation Week analysis shows.

The U.S. Centers for Disease Control and Prevention has issued new testing requirements for COVID-19 that apply to private aviation as well as airline passengers arriving in the U.S. from foreign countries.