LATAM Airlines Files for Chapter 11 Bankruptcy
LATAM Airlines has filed for Chapter 11 bankruptcy as the company continues to hemorrhage money due to the reduced demand… Read More »
Thai government approves national airline bankruptcy proceedings
Thai Airways had been suffering due to competition from budget airlines and bloated costs before the coronavirus crisis. Thailand’s cabinet… Read More »
What happens to your voucher, travel miles and credit card if the airlines goes bankrupt?
The financial horizon looks uncertain for the airline industry, several are on the brink of running out of cash, loaded… Read More »
Singapore Airlines sets aside $2.3 Billion for new aircraft payments
Singapore Airlines made a big splash raising nearly $13 billion over the last few months to shore itself against the… Read More »
Can the global aviation industry weather the coronavirus storm?
The aviation industry has been reeling from the impact of global travel bans in the wake of the coronavirus pandemic…. Read More »
Air Baltic is throttling up as most airlines scrap jet orders
Airlines are doing everything they can to scrap or delay jetliner deliveries amid an unprecedented collapse in air travel. Not… Read More »
Battered consumer confidence to slow airlines’ recovery
Faltering consumer confidence will slow the recovery of air travel once coronavirus restrictions end, the sector’s main global body IATA… Read More »
Airlines hunt for storage space as pandemic idles jets
As airlines idle thousands of aircraft for which there are no passengers, they are hitting an unprecedented problem: finding a… Read More »