Business Aviation
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A Philippines AirAsia A320 aircraft (Photo: aeroprints.com [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)])

Cash-Strapped AirAsia Still Needs to Support Affiliates

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 in which they operate. In a nutshell, the Thai reorganization aims to generate 6.3 billion baht ($190 million) in new capital, out of a total of 14 billion baht declared.…

StarLux Airlines Receives Initial Route Approvals, Moves One Step Closer…

Following years of preparation, StarLux Airlines, a brand new Taipei-based airline was granted permission to operate service to Japan and Thailand. Taiwan’s Civil Aeronautics Administration (CAA) has approved 13 new routes, including to the Japanese destinations of Okinawa, Osaka, Fukuoka, Sendai, Sapporo, Hakodate, Nagoya and Tokyo. The airline will operate…

Thailand’s Kom Airlines Signs Intent to Acquire Six Sukhoi Superjets

Thai start-up carrier, Kom Airlines, signed a letter of intent Thursday to acquire six Superjet 100 jets (SSJ100s) from Russian aircraft manufacturer Sukhoi Civil Aircraft Company as part of a Russia-Thailand economy panel. According to the agreement, Sukhoi will deliver the aircraft during the 2019-2020 period once the agreement is turned…