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  3. ISLAMABAD (Jan 15): A Pakistan International Airlines plane has been held back by Malaysian authorities over a British court case, the airline said on Friday, adding that it would pursue the matter through diplomatic channels. The Boeing 777 aircraft was seized after a court order, an airline spokesman said, and alternative arrangements were being made for passengers due to fly back to Pakistan. "A PIA aircraft has been held back by a local court in Malaysia taking a one-sided decision pertaining to a legal dispute between PIA and another party pending in a UK court," a PIA spokesman said in a statement. The national carrier in a statement described the situation as "unacceptable" and said it had asked for support from Pakistan's government to raise the matter diplomatically. https://www.theedgemarkets.com/article/pakistan-international-airlines-plane-held-back-msian-authorities-over-uk-court-case-— https://www.flightradar24.com/data/aircraft/ap-bmh Aircraft is B777-2Q8ER, AP-BMH. 15 years old vintage from Vietnam Airlines VN-A150 https://www.planespotters.net/airframe/boeing-777-200-ap-bmh-pia-pakistan-international-airlines/e54vwv
  4. Norwegian Ends Plans to Fly Longhaul Norwegian has announced it will no longer fly long-haul routes, even after the pandemic, bringing an end to its low-cost, long-haul vision and spelling the loss of about 1,100 jobs based at Gatwick airport. https://www.theguardian.com/business/2021/jan/14/norwegian-axes-long-haul-flights-and-cuts-1100-gatwick-jobs#:~:text=Norwegian has announced it will,jobs based at Gatwick airport.
  5. AirAsia X shows court creditors' support for restructuring plan KUALA LUMPUR (Jan 14): Most of AirAsia X Bhd's (AAX) lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show. In emails attached to the court filings, supportive lessors said they wanted to continue discussions with the budget airline and potential new investors, seeking more equitable terms and new commercial arrangements. More: https://www.theedgemarkets.com/article/airasia-x-shows-court-creditors-support-restructuring-plan
  6. The aircraft is now registered as N926PN, registered to a dummy company based at Florida, USA. Last spotted in UK.
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  8. The only way moving forward is AirAsia X would be: Drop X brand, consolidate crew A320/A321/A330 and operation Sell off off or returned all A330ceo, Malaysia operation at least. Switch to A321XLR for Malaysia operation with approximately 10 A339neo. Grow from there again. Cut 78 A339neo order to approximately 25, allocate most to Thai operation, small fleet for Malaysia. Switch one-to-one basis A330ceo to A330neo for Thai operation. Move upwards to more premium market for flight above four hours. Concentrate on high load route within Asia Pacific, optimising capacity between China- Aus/New Zealand Build a hub at BKI to East Asia and Australasia (depends on regulatory approval
  9. Considering how AAx restructuring will likely be shoved up manufacturer A's nether region, it's really not too difficult to imagine them being 'joined at hip' 😆
  10. AirAsia Group "joined at hip" with Airbus despite cancellations https://www.reuters.com/article/us-airasia-strategy/airasia-group-not-switching-to-boeing-despite-airbus-cancellations-idUSKBN29G0VE
  11. Airasia X has cancelled its order for 10 A350s in the Airbus Orders and Deliveries report for Dec 2020. https://www.airbus.com/aircraft/market/orders-deliveries.html
  12. Not that spaces are limited in KUL. Plenty of ample bays for long term parking.
  13. Looks like those stored planes should be sent either to Alice Springs or Dubai for storage
  14. I think you are 100% correct. It will be business as usual - there will be no major changes. Same old inefficient, incompetent and overpaid management. Wait for the next "turnaround" plan in 2 or 3 years.
  15. Either plan a or b, creditors will loss and the management remain unchanged. old wine in new bottle.
  16. Malaysia Airlines seeks UK court to complete debt restructuring by 1Q https://www.theedgemarkets.com/article/malaysia-airlines-seeks-uk-court-complete-debt-restructuring-1q
  17. COVID-19 forces major change across Asia-Pacific airline industry Airlines in the Asia-Pacific region have two priorities at the moment – short term survival, and figuring out how they need to adjust to the post-COVID-19 industry landscape. The first is obviously the most pressing issue for now, but airlines also cannot lose sight of the longer-term picture. With many aircraft parked and international traffic in the doldrums, airlines are scrambling to negotiate new financing and are looking to defer as many short term aircraft deliveries as possible. The traffic and demand growth assumptions that have formed the basis of airline plans have been rendered obsolete by the pandemic, forcing them to launch business reviews as they recognise the need to streamline their operations. Across the Asia-Pacific region, some business models and markets are faring better than others. In many cases, governments are providing a vital lifeline. But despite encouraging signs in specific markets, the real disruption to the airline industry could play out over the next few years. More here: https://centreforaviation.com/analysis/reports/covid-19-forces-major-change-across-asia-pacific-airline-industry-534197
  18. AirAsia Sells Stake in India Venture to Tata for $38 Million https://www.bloomberg.com/news/articles/2020-12-29/airasia-sells-stake-in-india-venture-to-tata-for-38-million
  19. 9M-MTX from KUL as MAS2536. 3/10/2020
  20. Nice catch! I Wonder where it will go next after domestic since My Jet Xpress is really expanding at a rapid pace.
  21. AirAsia to cut India stake to 13%, Tata mulls mega carrier AirAsia Group plans to cut its stake in AirAsia India (I5, Bangalore Int'l) from 49% to just 13%, unnamed sources have told The Times of India, giving joint venture partner Tata Sons a significantly greater hold over the airline. However, the low-cost carrier will continue to use the AirAsia brand for some time, together with other arrangements such as aircraft maintenance and ticketing and accounting software. While the Malaysian group continues to run a common website for its operations in different countries, Tata Sons has started setting up a separate website for AirAsia India, according to the newspaper. The Indian conglomerate’s information technology subsidiary Tata Consultancy Services is also reportedly developing pilot and crew management software. “It is not going to be an instant divorce but a prolonged one,” a source said. https://www.ch-aviation.com/portal/news/98617-airasia-to-cut-india-stake-to-13-tata-mulls-mega-carrier
  22. Norwegian mulls end to long-haul, lessors impatient - report Although Norwegian (DY, Oslo Gardermoen) shareholders backed the troubled carrier’s restructuring plans last week, its creditors have said they are not happy with the legal process's pace. The airline’s executives have given themselves one month to complete the plans, including deciding the fate of its long-haul operations. As previously reported, Norwegian has obtained the support of its shareholders in an extraordinary general meeting for its restructuring plan, including the issuance of new shares and debt conversion. https://www.ch-aviation.com/portal/news/98621
  23. The big questions is, how do they know things will get better ? AirAsia X has never "sold" itself as a medium haul carrier, with most of the ASEAN routes served by various AK joint ventures. Just like announcements from major hospitality chains, I'm learning to take these sort of "forward looking" news with plenty of salt. COVID19 has thrown a major spanner into what was already an uncertain world.
  24. Floored by Covid-19, can SIA soar again? Fate of S’pore’s aviation hub rests on it Read more at https://www.todayonline.com/big-read/big-read-floored-covid-19-can-sia-soar-again-fate-spores-aviation-hub-rests-it
  25. Airbus to lose over $5 billion in orders under AirAsia X's proposed restructuring https://www.reuters.com/article/airasia-x-lawsuit-airbus-exclusive-idUSKBN28W0JK
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