Browsing Tag
restructuring
27 articles
Boeing restructures defense divisions, splits Phantom Works
Boeing Defense, Space and Security announced that it will restructure its defense unit following substantial losses incurred by…
Thai Airways searching for a ‘highly adaptable’ and ‘ethical’ CEO on LinkedIn
Thai Airways is looking for its next Chief Executive Officer (CEO), and is turning to professional networking site…
Will the Indian aviation market be the growth story of the next decade?
Commercial aviation in India is undergoing a major shake-up this year. IndiGo continues to lead the market as…
Garuda Indonesia files for US Chapter 15 bankruptcy procedure: Reuters
After settling an agreement with creditors to halve its debt to around $5 billion, flag carrier Garuda Indonesia…
Creditors approve Garuda Indonesia restructuring plan
Garuda Indonesia has received the green light from its creditors to move forward with its restructuring plan, according…
Denmark agrees to invest in SAS as pilot strikes loom at the carrier
The Danish government and opposing political parties have agreed to invest in SAS as pilot strikes loom at…
SAS says travel demand improving but restructuring progress is limited
Scandinavian airline SAS is benefitting from improving travel demand, but has sounded a note of caution on efforts…
Thai AirAsia X files for business restructuring
Low-cost long haul carrier Thai AirAsia X has filed for business rehabilitation, becoming the latest Thai airline to…
SAS sounds warning after pilots walk out of cost-cutting talks
SAS has sounded a warning after negotiations with pilot unions over cost cuts broke down. The Scandinavian airline…
US court approves Aeromexico restructuring plan
The United States Bankruptcy Court for the Southern District of New York approved Aeromexico’s restructuring plan on January…