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'Survival Team' set up for Thai Airways
A so-called "Survival Team" has been formed to work out a business plan for Thai Airways International (THAI) to support the debt rehabilitation of the carrier, according to a source at the airline.www.bangkokpost.com
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Malaysia Airlines parent company says group is running out of cash
SINGAPORE (REUTERS) - Malaysia Aviation Group, the holding company for Malaysia Airlines Bhd, said in a letter to lessors the group is unlikely to be able to make payments owed after November unless it receives more funding from state fund Khazanah. Read more at straitstimes.com.www.straitstimes.com
Talk that the Cathay Dragon brand is to be retired
Cathay Pacific to cut 6,000 jobs, axe Cathay Dragon brand: SCMP
Hong Kong's Cathay Pacific Airways Ltd will cut around 6,000 jobs, or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the South China Morning Post reported on Tuesday, citing sources.www.reuters.com
Tigerair and now Dragonair - Crouching Tiger Hidden Dragon...Oh Now that is an airline I will be sad to see go. Lot's of fond memories of Dragonair.