#Restructuring
Thai Airways To Double Fleet By 2029 As It Exits Debt-Restructuring
This expansion plan comes as the Thai national airline gradually emerges from the debt restructuring process it entered ...
SriLankan Airlines Won't Be Privatized: Government U-Turns On Sale Of 49% Stake
According to local officials, no viable suitors put forth their bids for the airline, with minimal interest from foreign...
Los Angeles International Airport Is Renaming Its Terminals And Gates
Only a few terminals will be renamed.
Government Provides Additional $47 Million Towards Kenya Airways' Debt
The government has settled approximately 50% of the guaranteed debt.
Egyptian Parliament Calls For EgyptAir To Be Restructured
Egyptair was not ranked among the world's top 100 airlines in 2023.
Madagascar Airlines Needs $100 Million To Get Back In The Skies
Madagascar Airlines is implementing a new turnaround strategy to help it return to profitability.
SAS Receives $1.2 Billion Investment From Air France-KLM Backed Consortium
SAS filed for Chapter 11 bankruptcy protection last July.
Vietnam's Bamboo Airways Set For Fleet Restructuring In October
The airline currently operates a total of 30 aircraft.
Air Belgium To Halt All Passenger Services For Restructuring
The airline will cease all passenger operations.
Cash Shortage Forces LAM Mozambique Subsidiary To Halt Flights
Mex operated its last Embraer 145 flight between Harare and Maputo on August 30.
Pakistan's Government Wants PIA's Restructure Expedited
Can a swift restructuring save the struggling Pakistani flag carrier?
6,000 Jobs Under Threat At SriLankan Airlines Without Restructuring
In the last 15 years, the carrier has reportedly been unable to generate a profit.
Azul Reaches $1.1 Billion Restructuring Deal With Lessors
The airline's capital structure was harshly threatened by the effects of the pandemic.
Air Moldova Suspends Flights Awaiting Court Restructuring Approval
Air Moldova submitted an application to the court and halted operations pending its approval.
American Airlines Laying Off Corporate Travel Personnel
The airline said the restructuring will allow it to better adapt to the evolving marketplace.
South African Airways Will Get Another $55 Million Bailout
This is nowhere near what is needed to cover the historic debt of the airline.
Hans Airways COO Takes Over As CEO
The shift in positions was necessary for the airline's subtle restructuring plan.
Thai Airways Is Searching For A New CEO On LinkedIn
Thai Airways posted a job opening on LinkedIn for its most lucrative position.
It's Official: Court Approves $700 Million SAS Financing
A bankruptcy court in New York has approved the deal with Apollo Global Management, which was announced last month.
Norway To Convert Debt Holding Into SAS Equity
Norway's government won't remain a shareholder in the long term.