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Covid-19: Airlines seek emergency aid as coronavirus brings industry to near-halt

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Goodbye Cathay Dragon?

CX to reduce workforce by 25% and retire Cathay Dragon sister airline brand. Unconfirmed reports but announcement might come on Wednesday:https://www.theedgemarkets.com/article/cathay-pacific-cut-6000-jobs-axe-cathay-dragon-brand-amid-pandemic-scmp

Would KA suffers the fate as MI?? Both are great brands KA-MI though overall experience might differs.

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Cathay Pacific Boeing 777-9 deliveries pushed back to "beyond 2025"
The airline's new flagship, along with its new first class suites and business class seats, are now at least five years away...

https://www.executivetraveller.com/news/cathay-pacific-boeing-777x-delivery-delayed

 

Cathay Pacific to add Airbus A321neo jets to its fleet
The Oneworld member will bolster its fleet with scores of single-aisle Airbus A320-series jets, including the latest A321neo.

https://www.executivetraveller.com/news/cathay-pacific-airbus-a321neo-business-class

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2 hours ago, flee said:

Cathay Pacific Group announces corporate restructuring

Group will cease Cathay Dragon operations, and reduce workforce and passenger capacity as it adapts to the new travel reality

https://news.cathaypacific.com/cathay-pacific-group-announces-corporate-restructuring

Will we see CX back in KUL, or will UO be taking over that route? Wonder what will happen to PEN too.

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10 hours ago, CX B. said:

Will we see CX back in KUL, or will UO be taking over that route? Wonder what will happen to PEN too.

I'm sure KUL will revert to CX. There's too much traffic for UO.

PEN might be a toss-up but there's a reasonable chance CX will return. There's decent cargo demand and passenger traffic. Perhaps a mixture of the two with narrowbodies? Regardless, probably a long way off before PEN is even restarted.

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Info from my indonesian friend is that Lion air is seeking bankruptcy soon. Currently the board and upper management is seeking to apply another newer AOC to transfer some of the assets over. Due to this no funding will be given to Thai Lionair and Malindo.This might've hasten in Malindo in terminating 2k staffs yesterday. Original downsizing fleet to just 13 atrs and 12 737ng might be scrapped as well to an even smaller fleet. Not sure how much Batik Indonesia is affected.


Rumors out also that co founder Pak Rusdi Kirana of Lion Air might be facing cbt charges just so after another Indonesian Tycoon Benny Tjokrosaputro was jailed for life from stock manipulation charges. 

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1 hour ago, jahur said:

Info from my indonesian friend is that Lion air is seeking bankruptcy soon. Currently the board and upper management is seeking to apply another newer AOC to transfer some of the assets over. Due to this no funding will be given to Thai Lionair and Malindo.This might've hasten in Malindo in terminating 2k staffs yesterday. Original downsizing fleet to just 13 atrs and 12 737ng might be scrapped as well to an even smaller fleet. Not sure how much Batik Indonesia is affected.


Rumors out also that co founder Pak Rusdi Kirana of Lion Air might be facing cbt charges just so after another Indonesian Tycoon Benny Tjokrosaputro was jailed for life from stock manipulation charges. 

Thai Lion Air is dying too, both narrowbody and widebody services....laying off staff, banks are seizing whatever assets they can.

There seems to be some true wat your friend have said JT Group is being sued now over unpaid debt in Indonesia and Rusdi is now trying to attain new AOC to wash his hands off from JT Group 

https://www.ch-aviation.com/portal/news/96789-lion-air-sued-in-indonesia-over-alleged-unpaid-debts (behind paywall)

https://www.ch-aviation.com/portal/news/95860-founders-of-indonesias-lion-air-mull-new-airline

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On 10/31/2020 at 4:44 PM, jahur said:

Info from my indonesian friend is that Lion air is seeking bankruptcy soon. Currently the board and upper management is seeking to apply another newer AOC to transfer some of the assets over. Due to this no funding will be given to Thai Lionair and Malindo.This might've hasten in Malindo in terminating 2k staffs yesterday. Original downsizing fleet to just 13 atrs and 12 737ng might be scrapped as well to an even smaller fleet. Not sure how much Batik Indonesia is affected.


Rumors out also that co founder Pak Rusdi Kirana of Lion Air might be facing cbt charges just so after another Indonesian Tycoon Benny Tjokrosaputro was jailed for life from stock manipulation charges. 

 

any idea if this affects the ATR service operated by Malindo for Royal Brunei Airlines ?

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1 hour ago, Timothy said:

 

any idea if this affects the ATR service operated by Malindo for Royal Brunei Airlines ?

Atr services in Peninsula to continue but with a very small fleet. RBLink though is dead.

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12 hours ago, BC Tam said:

Korean Air to take over Asiana Airlines for $1.6b

https://www.dailyexpress.com.my/news/161713/korean-air-to-take-over-asiana-airlines-for-1-6b/

Another brand goes the way of the dodo ..... 😪

or rebrand the takeover as Koreana

or KA logo will adopt that of Asiana, like what happen to AA-US, CO-UA merger.

oh wait, this is takeover, not merger...

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4 hours ago, Alif A. F. said:

or rebrand the takeover as Koreana

or KA KE logo will adopt that of Asiana .....

Cathay Dragon / Dragonair logo and branding gonna go way of the dodo too 😆

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On 11/18/2020 at 8:38 AM, Chris Tan said:

This is a real loss to *A. It was one of the better carriers, with a pretty decent FFP.

I selfishly hope it doesn't go through...

Yes indeed.

We have a booking with them for Dec this year. I emailed them in September asking for what option could I have. They replied my flights were still with confirmed status at that time. In order for me to get full refund without any penalty, they advised me to email them again in November that they may have the latest flight schedule for Dec/Jan by then, which I did.

I emailed them a few days ago and four days later the full refund amount appears in my credit card statement, no drama. Very impressive especially they are deep in financial problem now 👍

 

 

Edited by Kee Hooi Yen

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