Airline bankruptcies, ceased operations, restructurations

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sn26567
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Re: Airline bankruptcies, ceased operations, restructurations

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Tonga’s government has secured help from Australia to revive the state-owned airline Lulutai Airlines, following the grounding of the airline’s main aircraft, a Saab 340.
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Re: Airline bankruptcies, ceased operations, restructurations

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fcw wrote: 28 Jan 2023, 08:46 Flybe cancelled all flights and has ceased trading.
https://www.flybe.com/en
Flybe administrators have applied for a temporary operating license, announced the UK CAA. If approved, it would allow the administrators to start the process of restructuring the business.

Loganair has requested seven ex-Flybe London Heathrow slots pairs as it aims to improve UK connectivity.
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Re: Airline bankruptcies, ceased operations, restructurations

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South African airline Mango's business rescue practitioner is turning to the courts to try to force Minister of Public Enterprises Pravin Gordhan to decide on a proposed sale of the low-cost airline.
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Re: Airline bankruptcies, ceased operations, restructurations

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Thai and Thai Smile are to re-merge, no timeframe given and no idea if Smile brand will continue afterwards like it did originally as TG inhouse LCC, before going independant under own certificate.

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Re: Airline bankruptcies, ceased operations, restructurations

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AirAsia India was renamed AIX Connect some months back, AIX being Air India Express, AAI branding remains in use till November, as a new one is being worked on for merger of all four airlines to new Air India.

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Re: Airline bankruptcies, ceased operations, restructurations

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Another Indian carrier may merge, this time Go First into Indigo.

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Re: Airline bankruptcies, ceased operations, restructurations

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globetrotter wrote: 17 Jun 2023, 13:33 Another Indian carrier may merge, this time Go First into Indigo.
That's probably the only way to save Go First, which is almost bankrupt.
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Re: Airline bankruptcies, ceased operations, restructurations

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globetrotter wrote: 05 Jun 2023, 11:15 Thai and Thai Smile are to re-merge, no timeframe given and no idea if Smile brand will continue afterwards like it did originally as TG inhouse LCC, before going independant under own certificate.
Merger begun as first A320 has been transeffered to TG with Smile title removed,, so the brand will not remain.

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Re: Airline bankruptcies, ceased operations, restructurations

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Asiana Cargo is to be sold off and wont merge with Korean Air.

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Re: Airline bankruptcies, ceased operations, restructurations

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globetrotter wrote: 17 Jun 2023, 13:33 Another Indian carrier may merge, this time Go First into Indigo.
Go First suspended ops since May, could be permanent.

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Re: Airline bankruptcies, ceased operations, restructurations

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flightlover wrote: 05 Jul 2022, 02:05
sn26567 wrote: 04 Jul 2022, 18:59 ECAir (Congo) has completed its restructuring a few months before its relaunch. Does it mean that its aircraft stuck in Brussels will eventually go back to Africa?
At least one will not fly again. It is standing scavenged for parts in front of the ex-LH technics hangar.
A journalist from Brazzanews reports that "a source" told him that ECair's HB-JJE (Privatair 757-200) will soon take the sky:

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Re: Airline bankruptcies, ceased operations, restructurations

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I highly doubt HB-JJE will ever take to the sky again. Seen the state it’s in, and the notification circulating on social media that it is to be broken up at EBBR quite soon. Perhaps they are talking about the other 757 (former HB-JJD)? As far as I can tell it should be stored at Brazzaville, but I can not find any info about the condition it’s in.
Honestly, getting HB-JJE airworthy again would be nothing short of a miracle, it would be a LOT cheaper to go out and buy a brand new aircraft.
Thomas

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Re: Airline bankruptcies, ceased operations, restructurations

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Passenger wrote: 20 Feb 2024, 13:14A journalist from Brazzanews reports that "a source" told him that ECair's HB-JJE (Privatair 757-200) will soon take the sky:
I call that rumor "BS": the aircraft mentioned is certainly NOT the HB-JJE, as they would need to fly in those engines from Brazzaville to Brussels (and then do loads of overdue maintenance). I doubt that it will be feasible for anyone to make that old bird flyworthy ever again. I heard rumors that it will leave its parking position at EBBR - but only to be scrapped within the premises of the airport. Sad end for a 757 - but that's the hard economic reality.
Best regards,
Viktor

(Budapest-born, Vienna-raised, Brussels-based)

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