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Month: October 2020

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UK SFO reaches deferred prosecution agreement with air services

A UK judge has approved a deferred lawsuit agreement between commercial aircraft interior renovator Airline Services Ltd. and the UK’s Serious Fraud Office to resolve allegations that the company failed…

Airline Services Ltd Due To Pay $ 3.9 Million, Accepts DPA In Corruption Case | Item

Airline Services Limited (ASL) has entered into a deferred prosecution agreement (DPA) with the SFO on Friday in which it accepted responsibility for failing to prevent corruption regarding contracts with…

Airline Services Limited – Serious Fraud Office

On October 30, the SFO entered into a Deferred Prosecution Agreement (DPA) with Airline Services Limited (ASL) after receiving final approval from Madam Justice May.…

Are triangular routes the airline industry’s response to the pandemic?

It’s a phrase that probably doesn’t need to be said, but we’ll say it anyway: Times are tough for the aviation industry. With much lower levels of passenger demand due…

Nigerian airline plans to offer direct commercial flights to Jamaica

Airlines’ round-trip flights between Nigeria and Jamaica will be tested in December 2020 and January 2021, according to Janet Olisa, Nigeria’s outgoing high commissioner to Jamaica. Olisa said trips from…

Airline industry still in the red, losing $300,000 per minute: Association

The airline industry will burn $77 billion in cash (nearly $13 billion per month or $300,000 per minute) in the second half of 2020 despite resuming operations after most countries…