ANALYSIS: Lion Group’s Wings Air Has Lion’s Share Of Indonesia’s Regional Aviation Market
The withdrawal of some airlines from Indonesia’s regional aviation market and Garuda Indonesia substantially downsizing its regional aircraft fleet, has left Lion Group’s Wings Air as the dominant carrier in this market segment. Prior to the pandemic, Wings Air accounted…
Garuda Indonesia Reveals Restructuring Fleet Plans
Garuda Indonesia has outlined how many aircraft it and its low-cost subsidiary Citilink plan to have by the end of next year, now that the Indonesian court has approved its restructuring plan with creditors. Garuda Indonesia director of human capital,…
Vietnam Airlines To Wet-Lease Two ATR 72s
Flag carrier Vietnam Airlines is seeking to wet-lease two ATR 72-500s for a half year period, starting this March. The airline has issued a statement inviting interested parties to respond to its tender for a six-month wet-lease on two ATR…
ANALYSIS: Garuda Indonesia’s Fall From Grace
There is usually no single cause for an air crash, but rather it is a combination of different contributing factors, built up over time, that leads to disaster. Garuda Indonesia today is a corporate disaster but – like in the…
China Express Profits By Focusing On Underserved Domestic Routes
China’s regional airline China Express earned 2.3 billion yuan (US$360 million) revenue in the first half of its 2021 financial year, a year-on-year increase of 17%, through its focus on domestic regional flights. In China Express’ latest financial report, the…
Dispute Between Nordic Aviation Capital And Garuda Indonesia Escalates
Aircraft lessor Nordic Aviation Capital (NAC) has responded to Garuda Indonesia’s announcement, that it has grounded and is returning its 12 Bombardier CRJ1000s to NAC before the leases have expired, by arguing it has received no termination notice and the national…
