Caribbean airline LIAT is on the brink of liquidation, according to Antigua and Barbuda Prime Minister Gaston Browne. Flights are suspended through at least 15 July 2020 and that could be enough to kill the carrier.
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Curing Catering Concerns: The Weekly Wrap–19 June 2020
Can small changes to the catering process make the current inflight environment a bit safer and bring back some of the comforts passengers have previously enjoyed? We’re also talking about routes returning and new ideas to protect passengers in the cabin on this edition of the Weekly Wrap.
LATAM Argentina, LEVEL Europe face bankruptcy
Another pair of airlines will halt operations, with the financial impact of COVID-19 the tipping point. LATAM Argentina and LEVEL Europe are both poised to shutter, though the larger parent operations of each will continue services.
LATAM seeks US bankruptcy protection, plans to continue operations
South America’s LATAM Airlines Group filed for Chapter 11 bankruptcy reorganization in the US courts on Tuesday morning, seeking to restructure debt while continuing regular operations. Or, at least, operations as close to regular as possible given the current global aviation environment.
Avianca declares bankruptcy, seeks protection in restructuring
Colombia’s Avianca became the latest and largest carrier to seek financial protections as the coronavirus pandemic stretches on, grounding airlines and flummoxing their balance sheets
Flybe halts operations, enters Administration
Wednesday evening marked the end for embattled British regional airline Flybe. The carrier entered administration (a UK version of bankruptcy protection) and ceased operations. All future flights are canceled, leaving passengers, airports and employees across the United Kingdom to wonder what the future holds.
South African Airways secures funding, cuts lightly loaded flights
Nearly $240 million in bridge funding should help South African Airways continue its operations. But even with that funding the carrier continues to trim some frequencies from its operations.
The clock is ticking on Hong Kong Airlines’ demise
For Hong Kong Airlines the death watch clock is officially running. The beleaguered company has just five days to raise significant fresh capital. Failure to reach that goal will likely see the airline’s operating certificate revoked.
IFE out as Hong Kong Airlines continues its finances collapse
For Hong Kong Airlines the future is very, very uncertain. Cuts continue it is unlikely they will be enough to keep the carrier afloat too much longer barring a significant cash infusion and restructuring of the business. This week it is the inflight entertainment system that disappeared.
Thomas Cook halts operations, moves to liquidation
Airlines come and airlines go. Especially in the low cost arena. It is hard to get too excited or broken up as it happens. This is not even the first to go this month. But with Thomas Cook the story is somewhat different.