Government prepares contingency plan to save Garuda Indonesia
The carrier could be taken over by Pelita Air Service if it enters liquidation...
Tag : Southeast Asia aviation
Embattled carrier Thai Airways to retire all A380, A330 and 747
The carrier will also lay off 395 pilots as part of its restructuring and rehabilitation plan...
Thai Air Asia furloughs 75% of its employees
Employees have been asked to take leave without pay for four months at least...
Around 50% of AirAsia’s revenue to come from non-aviation sources: CEO
The carrier wants to transform into a lifestyle brand and also diverse in other dimensions...
AirAsia’s stake in Indian subsidiary to reduce to 13%
Tata Sons will increase its stake from 75% to 87%...
Avatar Airlines offers to buy Thai Airways’ Boeing 747 fleet
The carrier plans to fly the Boeing 747 aircraft domestically...
Japan mulls merging ANA and Japan Airlines
Reportedly, the merger idea comes from Heizo Takenaka, a former minister and advisor to Prime Minister Yoshihide Suga...
AirAsia X proposes debt restructuring to survive Covid-19 crisis
The carrier proposed restructuring $15.3 bn of debt...
Singapore Airlines to let go 20% of its workforce as pandemic takes toll
Around 4300 employees are expected to lose their job...
Singapore Airlines raises $542 mn by securing its aircraft
The carrier has raised long-term loans by securing some Airbus A350-900s and Boeing 787-10s...