Vietnam Airlines Struggling To Sell Aircraft
Vietnam Airlines, which is trying to sell some assets to raise cash and improve its balance sheet, has been facing difficulty selling several of its aircraft. The national carrier says in a shareholder meeting it has yet to sell the…
Vietnam Airlines To Sell Down Pacific Airlines Stake To Raise Cash
Loss-making national carrier Vietnam Airlines, which is trying to improve its balance sheet, says it is seeking investors for its low-cost carrier Pacific Airlines now that it has acquired near full ownership of the business. Vietnam Airlines says in a…
Philippine Airlines Expanding Services In Mindanao Region
Philippine Airlines (PAL) is launching scheduled flights next month between Cotabato and Tawi-Tawi, pioneering a connecting flight within the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). The flag carrier says a statement it is in the midst of expanding air…
Creditors Withdraw Petition Against Air Seychelles
Air Seychelles, which entered administration last year, has avoided liquidation now that creditors have withdrawn their petition. Representatives of the noteholder committee of the bondholders have withdrawn their earlier petition, which called for the financially-troubled carrier to be wound up….
Philippines’ Cebu Pacific Boosting Capacity On Some ATR Routes Using A320s
Cebu Pacific Air has now restored its domestic passenger capacity to pre-COVID levels and is increasing capacity even further by putting Airbus A320s on some routes traditionally served by its ATR fleet. “[Cebu Pacific] has now restored 100% of its…
Jetstar Asia CEO Sees Asia Travel Market On Cusp Of Strong Recovery
Singapore-based low-cost carrier Jetstar Asia is hopeful that the air travel market in Asia is on the cusp of very strong recovery. The Asia region has been lagging behind the US and European travel markets, where vaccination rates are higher…
