Air France is increasing the number of frequencies and destinations

Between now and the end of June and subject to travel restrictions being lifted, Air France plans to gradually resume its flights. The airline will increase the number of frequencies and destinations, especially to/from metropolitan France, the French Overseas Departments, and Europe. This flight schedule will be equivalent to 15% of the capacities usually deployed…

Finnair to resume flights to 40 destinations from July 1st

From July, Finnair will gradually add frequencies and routes back to its network. Finnair will review its schedule on a monthly basis and will update it as travel restrictions are removed and demand starts to recover. Finnair will flexibly add flights as demand develops. The flight schedule will also take into account the changes in…

Reports: Virgin Australia buyers shortlisted to four

Virgin Australia’s Administrators have shortlisted 4 potential buyers for the airline. The list was whittled down from at least 8 non-binding bids that were received on Friday. ABC News reports the shortlisted buyers are US private investment firm Bain Capital, Australian private equity firm BGH Capital, US airline investor Indigo Partners and global investor Cyrus…

Thai Airways to restructure via a bankruptcy court

Today (May 19, 2020), the Thai Cabinet approved the reform plan for THAI which will be implemented through the business reorganization chapter under the auspices of the Central Bankruptcy Court of Thailand and the Bankruptcy Act. In the meantime, THAI is able to operate flights and run its business as usual. Although THAI’ s reform…