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Murky path towards post-pandemic recovery for some SEA airlines

Murky path towards post-pandemic recovery for some SEA airlines
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Murky path towards post-pandemic recovery for some Southeast Asian airlines

From headcount cuts to restructuring and rebranding, regional carriers are trying all they can to stay viable. But when will things return to normal? ....

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Creditors vote Wednesday on THAI rehab plan

If Thai Airways International Plc (THAI) were to go under on decision day, which is Wednesday, creditors would only be paid 12.9% of what is owed to them, a source at the airline warned. ....

Apichit Jinakul , Central Bankruptcy Court , Apichit Jinakul Thai Airways , Legal Execution Department , Thai Airways , Thai Airways International Plc , Central Bankruptcy , Finance Ministry , மைய திவால்நிலை நீதிமன்றம் , சட்டப்பூர்வமானது மரணதண்டனை துறை , தாய் வானெறிக்குழுப்பெயர் , தாய் வானெறிக்குழுப்பெயர் சர்வதேச ப்ல் , மைய திவால்நிலை , நிதி அமைச்சகம் ,

Thailand's third wave complicates restructuring plans | Analysis

By Cirium2021-05-12T03:22:00+01:00
Two major Thai airlines, Thai Airways International and Nok Air, are at different stages of putting together business reorganisation plans outlining how they will restructure their businesses under court protection and emerge stronger from the Covid-19 pandemic.
But a recent surge in virus cases in the Kingdom looks likely to scupper the country’s plans to reopen to tourists this year – something airlines had been banking on to lead them out of the downturn.
Moreover, a huge viral surge in India has put paid to hopes of being able to accept visitors from that key tourism market, while China’s conservative approach to reopening borders could largely seal off a second major tourism market for many months to come. ....

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Recovery of global aviation market hinges on cooperative success

Recovery of global aviation market hinges on cooperative success
09:00 | 07/05/2021
Passenger traffic at Vietnamese airlines is expected to rebound faster than in other countries of Southeast Asia, due to the countryâs low numbers of pandemic cases. But airlinesâ recovery and success can only be achieved when all countries succeed in tackling the coronavirus.
By John Frangos - Partner, Tilleke & Gibbins
The COVID-19 pandemic has caused the aviation industry to face arguably the most challenging time in its history. Airlines across the world, including in Southeast Asia, have been deeply affected by the prolonged and universal halt to international air travel. ....

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