AirAsia Group has announced a planned financial restructuring of its Thai businesses, which would include a capital infusion and a reorganization of its 45%-owned Thai AirAsia Co Ltd's holdings (TAA). The move is hardly surprising, given AirAsia had previously said that its affiliates will seek financial assistance from the nations…
Qatar Airways joins Air New Zealand and Emirates in announcing that it will halt flights to Argentina. The three airlines confirmed that operations will not be resumed to the South American country even after the restrictions for commercial flights ends. On April 24 earlier this year Air New Zealand was…
Qatar Airways has decided to keep its fleet of 10 Airbus A380s grounded, citing the aircraft's vast commercial and environmental footprint. “Due to COVID-19’s impact on travel demand, the airline has taken the decision to ground its fleet of Airbus A380s as it is not commercially or environmentally justifiable to…
The current crisis that is heavily affecting all carriers around the world could profoundly change the landscape of the airline industry for the years to come. According to the Dutch financial newspaper Financieele Dagblad, Air France and KLM may return to operate as independent carriers. The two airlines merged in…
As airlines deal with a sharp decline in air travel demand and closed borders, they are becoming creative in finding new ways to keep their aircraft flying. On March 26, Aegean Airlines temporarily suspended its international network until April 30 in an effort to preserve the sustainability of its operations.…
