Breaking: Cathay Pacific to Axe Cathay Dragon Subsidiary
Cathay Pacific will axe their regional subsidiary Cathay Dragon, as the coronavirus wreaks havoc on the airline. Additionally,...
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Virgin Atlantic Files for Bankruptcy
Virgin Atlantic has filed for Chapter 15 bankruptcy protection, as the airline warns that they are running out...
What is the Future of the New Virgin Australia?
Boston-based Bain Capital has won the bid for Virgin Australia; following the withdrawal of Cyrus Capital’s competing offer....
Virgin Australia Administrator Picks Final Two Bids For Relaunch
Virgin Australia’s administrator, Deloitte, has shortlisted the final two bids for the now collapsed airline. The two parties...
Thai Airways To Restructure in Bankruptcy Court
Update For latest development, please see this post below: Thai Airways has issued a statement contradicting reports of...
Avianca Files For Chapter 11 Bankruptcy Protection
Avianca Holdings has filed for bankruptcy, in this the airline hopes to restructure their assets and preserve the...
South African Airways To Be Replaced With A New National Airline
The South African Government has officially moved to shut down South African Airways and form a new national...
Virgin Atlantic Could Face Imminent Collapse Without Government Loan
Virgin Atlantic‘s founder, Sir Richard Branson, has revealed that the airline could be facing imminent collapse, unless a...
South African Airways Nears Collapse, Plan to Lay-Off All Staff
South African Airways has failed to reach an agreement for more government funding, threatening to send the airline...