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A Virgin Australia 777-300 rests at LAX before its next flight. As part of its restructuring, the airline is retiring its 777 fleet and halting long-haul routes.(Photo: AirlineGeeks | William Derrickson)

Virgin Australia Reveals Major Restructuring Plan for the Future

On Wednesday Virgin Australia announced its restructuring plan after filing for voluntary administration in April, the airline revealed in a press release. The carrier is resetting itself to meet the drop in demand both in Australia and around the world. Through its review, the airline has anchored its recovery plan around six key points: overhauling the cost-based and simplifying operations; focusing on customer value; harnessing culture; investing in new digital and data technologies; building a strong balance sheet and focusing…

Air Mauritius Files for Voluntary Administration to Avoid Bankruptcy

The board of directors of Air Mauritius Limited met this Wednesday to disclose the state of the company's finances due to the COVID-19 pandemic. Then, it was reported that the operational disruptions related to the coronavirus make it impossible for the airline to meet its financial obligations "in the foreseeable…

Monarch Airlines Ceases Operations, Begins Administration Process

Monarch Airlines has confirmed that it is ceasing operations and going into administration immediately, leaving 110,000 customers overseas causing the cancellation of over 300,000 future bookings. "This is the update I hoped I would never have to write. Despite our best efforts, today Monarch Airlines Limited and Monarch Travel Group…