Category: Airlines

Massive restructure, possible bankruptcy for JAL
Airlines

Japan Airlines will slash a third of its workforce, will reject billion dollar cash offers from American Airlines and Delta, and may file for bankruptcy as it seeks to turn itself around, according to Japanese media. The Kyodo News reports the airline will slash 15,600 jobs over the next three years and will take on

Vietnam holds two Jetstar Execs over fuel hedging losses
Airlines

The Vietnamese government has prevented two Australian executives of Jetstar Pacific, COO Daniela Marsilli and CFO Tristan Freeman, from leaving the country and is holding former CEO Luong Hoai Nam in custody as it investigates fuel hedging losses at the airline. Marsilli (a former managing director of National Jet, now Cobham Aviation Services Australia) and

Indonesia’s Wings Air takes first ATR 72-500s
Airlines

The first three of up to 30 ATR 72-500 turboprops have been delivered to Indonesian regional carrier Wings Air. Wings Air, a subsidiary of fast growing Lion Air, has ordered 15 ATR 72-500s and holds options on a further 15 72-600s. This content is available exclusively to Australian Aviation members. Login Become a Member To

Mesa Air files for Chapter 11
Airlines

US regional airline Mesa Air Group has filed for Chapter 11 bankruptcy protection while it undergoes a financial restructure. Chapter 11 will allow the airline to continue to trade while it restructures. Mesa operates 130 aircraft, most on regional or thinner routes on behalf of or on codeshare agreements with United, US Air and Delta,

Air NZ to fly Sydney-Rarotonga direct
Airlines

Air New Zealand announced in late December that it will commence direct services between Sydney and Rarotonga in the Cook Islands from July. The flights will initially operate once a week during a four month trial period over the late winter peak using 223-seat 767-300s, after which a decision on the longer term future of

Jetstar and AirAsia form alliance
Airlines

The Qantas and AirAsia groups have announced an alliance between AirAsia and Jetstar aimed at reducing fleet acquisition, operating, fuel and spare parts costs for both low cost airlines. The announcement, made in Sydney by Qantas CEO Alan Joyce, AirAsia CEO Tony Fernandes, and Jetstar CEO Bruce Buchanan on January 6, aims to pool the

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