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A Thai Airways Airbus A380 taxis at London's Heathrow Airport. (Photo: AirlineGeeks | William Derrickson)

Thai Airways Gets Approval for Restructuring of $12.9 Billion Debt

The Covid-19 pandemic has forced several international airlines to file for bankruptcy and enter administration in order to not only stay afloat but also as a way to pay off continuously-piling debts as the severe decrease in passenger numbers and highly-restrictive border closures have resulted in decreasing revenues earned for these airlines. Thai Airways has been no exception, having gone into administration in 2020 and just recently, having gotten the majority of its creditors onboard for a rehabilitation plan last…

Vietjet to Trial IATA Travel Pass for International Flights

Having just restarted international flights that connected Vietnam with major hubs, such as Bangkok, Seoul, Tokyo and Taipei, Vietjet is now looking to adapt towards innovative solutions to bring the best experiences to its passengers. This includes passengers' safety, which is why Vietjet has announced on Thursday that it would…

AirAsia Group Announces Major Fleet Groundings, Looks Towards Freight Operations

Malaysia's AirAsia Group Berhad announced on Wednesday its decision to ground approximately 90% of its fleet, which currently consists of more than 200 aircraft across Asia, including slightly over 100 aircraft in Malaysia. This decision had to be made due to an ongoing wave of Covid-19 infections in Malaysia, where…

Aeroflot Adds New A320neo, Works Toward Further Domestic Recovery

Russian national carrier Aeroflot announced on Tuesday it had welcomed its first Airbus A320neo to its young fleet, becoming the first airline to operate the aircraft type in Russia. The new aircraft — registered in the airline's home country as VP-BPQ and bearing the name of Anatoly Dobrynin, a Russian…

IndiGo Chooses CFM for Next Round of Engines for Airbus…

India's biggest low-cost carrier, IndiGo, announced on May 21 that it had opted to buy approximately 620 new LEAP-1A engines from CFM International to power its massive Airbus A320neo family fleet, which consists of the A320neo, A321neo and A321XLR aircraft. Although the airline did not reveal the value of the…

Italy’s New Revamped Airline Prepares for September Launch

After years of financial trouble and being on the verge of bankruptcy dating back since May 2017, Italian national carrier Alitalia was put under emergency administration by the Italian government after the majority of its over 11,000 employees had voted against job and salary cuts as a rescue plan. The…

Thai Airways Approved for Restructuring Plan

Thai Airways International managed to get its creditors' approval on May 19 for a proposed restructuring plan that would help the airline refinance its debt in an effort to stay afloat and remain financially viable long-term, Nikkei reported. In order for the seal of approval to be given, the restructuring…

South African Airways Set to Resume Flights This Summer

South African Airways (SAA) is hoping to resume flights in July or August, but the restart date will depend on how the Covid-19 pandemic progresses and whether the airline can resolve a pilot dispute, its chief executive said on Friday. The state-owned airline was put into administration in December 2019…

Cebu Air Bleeds In First Quarter Net-Loss

Cebu Air, the listed operator of budget carrier Cebu Pacific, posted a net loss of P7.3 billion (US$152.6 million) in the first quarter of 2021, as the Philippines struggles to contain COVID-19 infection cases, Business World reports. Cebu Air's net loss is 516% higher than the US$25.1 million net loss…

HK Express Completes CommonPass Trial

HK Express announced on Monday that it has completed its first flight trial using CommonPass. By securely validating and storing Covid-19 tests and vaccine records, the digital health passport application will enable passengers to easily comply with health-related entry requirements globally, while still simultaneously streamlining the HK Express pre-departure experience.…