Airline bankruptcies, ceased operations, restructurations

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globetrotter
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by globetrotter »

TLspotting wrote:
12 Dec 2019, 13:56
Another one bites the dust...
But next day he said it will continue flying.

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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by TLspotting »

AtlasGlobal should fly again from tomorrow or from 21 December. It is not yet clear since I don't speak Turkish, I can find any good info but it seems that AtlasGlobal told the employees the good news.
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sn26567
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by sn26567 »

Hong Kong Airlines has seven aircraft impounded at Hong Kong International Airport by a major creditor. The planes have been grounded for months.
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by TLspotting »

sn26567 wrote:
16 Dec 2019, 21:11
Hong Kong Airlines has seven aircraft impounded at Hong Kong International Airport by a major creditor. The planes have been grounded for months.
For unpaid parking fees.
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by TLspotting »

AtlasGlobal back in the air on 21st December :P
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cathay belgium
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by cathay belgium »

Hi,

TAROM Will get a 40 milion state funds and 110 million next year...
The new europe... Alitalia Will get support ;) haha
Skyteam !!!

CXB
New types flown 2020 : A321neo,B781
New types planned : E140-E190E2

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Re: Future of airlines: bankrupt, ceased operations, restructurations

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André
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TLspotting
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by TLspotting »

The Slovenian State gives up on new national airline.
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by TLspotting »

Avianca Brasil lost its last two planes, as they were repossessed by Airbus Financial Services.

South African Airways has a reasonable chance of being saved, according to turnaround specialist Les Matuson, who was appointed to try and pull the state-run carrier back from the brink of collapse.
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by sn26567 »

TLspotting wrote:
12 Dec 2019, 13:56
Another one bites the dust...
Far Eastern Air Transport filed a request with the CAA to resume its operations. The carrier expects new funding. But it could lose its license if it does not improve its operations, says the government.

Meanwhile, the airline has suspended a plan to take delivery of two AT72-600s until CAA gives it permission to resume services.

To make things even more difficult, Taiwan will ban all commercial aircraft older than 26 years, according to new regulations that will go into force on 01 January 2020. All four jets are MD80s owned by Far Eastern Air Transport.
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Re: Future of airlines: bankrupt, ceased operations, restructurations

Post by TLspotting »

TLspotting wrote:
17 Dec 2019, 17:36
AtlasGlobal back in the air on 21st December :P
On Sunday, the Ukrainian subsidiary is going to fly again as well.
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lumumba
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Re: Airline bankruptcies, ceased operations, restructurations

Post by lumumba »

Looks like Asiana found a buyer with Hyundai and Daewoo!
Hasta la victoria siempre.

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Re: Airline bankruptcies, ceased operations, restructurations

Post by TLspotting »

Adria Airways receiver Janez Pustaticnik to auction off the carrier’s AOC, as well as other licenses and permits, in mid-January 2020.
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Re: Airline bankruptcies, ceased operations, restructurations

Post by sn26567 »

The Italian civil aviation authority (Ente Nazionale per l'Aviazione Civile - ENAC) has announced it will suspend Ernest Airlines' Operating Licence (OL) in early 2020.

https://www.aviation24.be/airlines/erne ... perations/
https://t.co/WbEdwCLDFc?amp=1
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Re: Airline bankruptcies, ceased operations, restructurations

Post by TLspotting »

sn26567 wrote:
29 Dec 2019, 16:08
The Italian civil aviation authority (Ente Nazionale per l'Aviazione Civile - ENAC) has announced it will suspend Ernest Airlines' Operating Licence (OL) in early 2020.

https://www.aviation24.be/airlines/erne ... perations/
https://t.co/WbEdwCLDFc?amp=1
They have stopped on 11 January.

According to Sky News, flybe is near to collapse, but the airline denies.
https://www.aviation24.be/airlines/flyb ... eculation/
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Re: Airline bankruptcies, ceased operations, restructurations

Post by TLspotting »

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Poiu
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Re: Airline bankruptcies, ceased operations, restructurations

Post by Poiu »

TLspotting wrote:
13 Jan 2020, 14:06
According to Sky News, flybe is near to collapse, but the airline denies.
Not at all, the airline refuses to react, which is very different from denying! :roll:

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Re: Airline bankruptcies, ceased operations, restructurations

Post by Passenger »

Flybe: saved by the bell (saved by government intervention):
https://www.bbc.com/news/business-51117885

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Re: Airline bankruptcies, ceased operations, restructurations

Post by sn26567 »

Passenger wrote:
16 Jan 2020, 14:00
Flybe: saved by the bell (saved by government intervention):
https://www.bbc.com/news/business-51117885
...against the objections of IAG chief Willie Walsh, who calls on the EU to intervene, two weeks before Brexit.
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Re: Airline bankruptcies, ceased operations, restructurations

Post by sn26567 »

sn26567 wrote:
16 Jan 2020, 18:44
Passenger wrote:
16 Jan 2020, 14:00
Flybe: saved by the bell (saved by government intervention):
https://www.bbc.com/news/business-51117885
...against the objections of IAG chief Willie Walsh, who calls on the EU to intervene, two weeks before Brexit.
After IAG, Ryanair:

Ryanair wrote to Chancellor of the Exchequer, Sajid Javid MP, calling on him to extend the APD eco tax given to Flybe to all of its UK airline competitors, as otherwise this government subsidy will be in breach of Competition law and State Aid rules.

https://www.aviation24.be/airlines/flyb ... mpetitors/
André
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