Jump to content
MalaysianWings - Malaysia's Premier Aviation Portal

flee

Platinum Member
  • Content Count

    12,242
  • Joined

  • Days Won

    2

Everything posted by flee

  1. Sorry to hear you are having problems, Josh. D7 appears to be quite inconsistent with the handling of cancellations and refunds - sounds to me that your case depends on who handles your request and whether you are prepared to accept credit account as the mode for refund. I also note that some travel insurance policies will cover your costs is a pandemic is declared. Anyway, D7 will probably need to liquidate because their situation is too hopeless.
  2. AirAsia X posts larger loss as revenue hit by virus curbs https://www.malaymail.com/news/money/2020/11/19/airasia-x-posts-larger-loss-as-revenue-hit-by-virus-curbs/1924262
  3. Malaysia's AirAsia Group reviewing India investment, hints at possible exit https://www.reuters.com/article/idUSL1N2I30O9
  4. flee

    Boeing 737 MAX

    Boeing 737 MAX can return to the skies, FAA says https://www.seattletimes.com/business/boeing-aerospace/boeing-737-max-can-return-to-the-skies-says-faa/ Boeing Responds to FAA Approval to Resume 737 MAX Operations https://boeing.mediaroom.com/2020-11-18-Boeing-Responds-to-FAA-Approval-to-Resume-737-MAX-Operations
  5. Vietnam Airlines to get bailout funds after pandemic impacts https://e.vnexpress.net/news/business/companies/vietnam-airlines-to-get-bailout-funds-after-pandemic-impacts-4193255.html
  6. Filing Of Bankruptcy Proceeding For AirAsia Japan Co., Ltd. https://ir.airasia.com/news.html/id/808667
  7. Malaysia says aviation firms may need three years to recover from Covid-19 https://www.theedgemarkets.com/article/airlines-malaysia-may-need-three-years-recover-says transport-ministry
  8. The two killed were in the helicopter that crashed. The two survivors were the ones in the helicopter that made an emergency landing near the school field.
  9. AirAsia X classifies MAHB as secured creditor in revised debt revamp scheme, but says 'will not be intimidated' https://www.theedgemarkets.com/article/airasia-x-revises-revamp-scheme-and-puts-mahb-secured-creditor-says-will-not-be-intimidated
  10. The slot rules are largely suspended for Winter 20/21. https://www.iata.org/en/policy/slots/covid-19-slots/
  11. A more sustainable solution might be for Airasia Group to do the medium haul routes with the A321XLR and maybe take 2 or 3 A330-900 for long haul routes. That way, they eliminate the fixed costs of D7 as the medium and long haul routes are just an extension of AK.
  12. I think that the best course of action for Airasia X is to liquidate, if creditors are going to object. However, much will depend on what Airbus and Rolls Royce decides.
  13. Unfortunately, the creditors (especially aircraft lessors) are facing the same issues worldwide - all airlines are requesting some concession or another. So, it really depends on how important your account is to them and also what your business prospects are for the future. MAB has been flying around aimlessly the past few years and does not seem to have a viable plan for the future. I think many creditors will not agree to their plan.
  14. More hurdles loom over AirAsia X’s debt restructuring plan https://www.theedgemarkets.com/article/newsbreak-more-hurdles-loom-over-airasia-xs-debt-restructuring-plan
  15. AirAsia X to revise RM64b debt reform plan to expedite talks with creditors, say sources https://www.malaymail.com/news/money/2020/10/29/airasia-x-to-revise-rm64b-debt-reform-plan-to-expedite-talks-with-creditors/1917513
  16. Malindo Air survives with only 10pct pre-pandemic monthly revenue https://www.nst.com.my/business/2020/11/637252/malindo-air-survives-only-10pct-pre-pandemic-monthly-revenue
  17. Hawaiian Airlines Defers First Boeing 787-9 Delivery to 2022 https://airwaysmag.com/airlines/hawaiian-airlines-defers-first-boeing-787-9-dreamliner-delivery-to-2022/
  18. Elbe Flugzeugwerke (EFW), the joint venture created by Airbus and ST Engineering has achieved key milestones in the A321 passenger-to-freighter (P2F) conversion programme with the delivery and entry-into-service on 2th October of the first converted aircraft to Qantas. This new P2F version is being leased by aircraft asset manager Vallair to Qantas, to operate services on behalf of Australia Post. Last month, following its flight tests, the newly completed aircraft had been delivered by EFW to Vallair. https://www.airbus.com/newsroom/news/en/2020/10/first-a321p2f-enters-into-service-with-qantas.html
  19. AirAsia Group Berhad Preliminary Operating Statistics - For the 3rd Quarter of 2020 https://newsroom.airasia.com/news/2020/10/26/aagb-3q20-preliminary-ops-stats
  20. AAX confirms BOC intervention application relating to debt restructuring scheme https://www.theedgemarkets.com/article/aax-confirms-boc-intervention-application-relating-debt-restructuring-scheme
  21. AirAsia Group lowers Malaysia market recovery expectations https://www.theedgemarkets.com/article/airasia-group-lowers-malaysia-market-recovery-expectations
  22. AirAsia X explains Malaysia Airports' RM78mil debt owed https://www.nst.com.my/business/2020/10/635366/airasia-x-explains-malaysia-airports-rm78mil-debt-owed
  23. ‘Solve overcapacity conundrum or shut down MAS for good’ https://www.theedgemarkets.com/article/solve-overcapacity-conundrum-or-shut-down-mas-good
  24. Japan's ANA to cut 3,500 jobs in 3 years as it anticipates prolonged virus woes https://www.reuters.com/article/idUSKBN27A029
  25. MAHB sets record straight over lawsuit against AirAsia X KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) today clarified that its filing of a RM78 million lawsuit against AirAsia X will not derail the latter’s debt restructuring scheme. “Malaysia Airports is pursuing its legal rights to recover the debt from AirAsia X which is critical for the upkeep and maintenance of the airports,” it said in response to a local media news report on Oct 24 headlined, ‘MAHB checkmates AirAsiaX’. https://www.thesundaily.my/local/mahb-sets-record-straight-over-lawsuit-against-airasia-x-HG4796900
×
×
  • Create New...