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Aero Time 10/22/2020 11:26
International Consolidated Airlines Group (IAG), a holding company of British Airways (BA), reported preliminary financial results for the third quarter of 2020. The company counted that due to the COVID-19 related travel restrictions it would suffer a €1.3 billion loss in the third quarter of 2020. IAG announced it was forced to complete further cuts of British Airways capacity.
Aero Time 10/21/2020 11:04
Ten of Aeroflot Airlines crew were accused in the United States Court for allegedly smuggling a $50 million worth electronic devices, particularly Apple products such as Apple iPhones, iPads and Watches to Russia. According to the statement released by the United States Attorney Office for the Eastern District of New York, while eight of the Aeroflot crew were arrested, two of the defendants were deemed as fugitives.

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