Montenegro airlines now halted.
Montenegro Airlines ceased its operations on Saturday after the small country's new government refused to continue financing the indebted national carrier.www.traveller.com.au
Small Balkan country of about 630K and on the back of a recent election win for a conservative party.
Could JAL and ANA merge?
That won’t help the proposed Qantas JAL alliance. How will the ACCC view
Malaysia fate will soon be known
Malaysia Airlines may have to fold if its lessors decide not to back its latest restructuring plan, the airlines' group chief executive was quoted as saying in a report on Saturday.in.reuters.com
AirAsiaX with massive debt restructuring proposal
AirAsia Group Bhd.’s long-haul arm proposed a sweeping restructuring plan that would wipe out almost 63.5 billion ringgit ($15.3 billion) in debt and save the Malaysian carrier from being dragged under by aviation’s worst-ever crisis.www.bloomberg.com
Looks like a massive haircut
I guess the airlines will spin out, but HNA Group has commenced bankruptcy proceedings
HNA Group’s acquisition spree came to an end in 2017 when China’s financial regulators, fearful of risks to the banking industry, cracked down on the debt-fed binge.www.scmp.com
(Hainan Airlines, Hong Kong Airlines, Beijing Capital, and others.)