LATAM submits its restructuring plan
Latin America’s largest carrier, LATAM Airlines Group has submitted its business restructuring plan. In a press statement dated November 26, 2021, LATAM Airlines…
restructuring
29 articles
Topics related to the restructuring of companies in the aviation industry, often in response to financial difficulties or changing market conditions.
Air Mauritius exits voluntary administration, secures funding
Air Mauritius has exited voluntary administration, after successfully securing funding from the country’s government. The government of Mauritius…
Lufthansa pushes forward with group airlines closures in Q2 2021
With the global roll out of vaccination programs and progressive easing of travel restrictions, the Lufthansa Group projects…
Garuda Indonesia to return two Boeing 737-800s to lessor
Indonesia’s flag-carrier Garuda Indonesia is reportedly planning to return two of its Boeing 737 aircraft to the lessor.…
Could SAA be on the verge of securing a crucial investor?
The narrative of South Africa Airways is one that has been dominated by an ill-management of airline resources…
New CEO takes the helm, amidst SAA’s ongoing revival
A new interim CEO was appointed as part of the ongoing efforts to revive South African Airways since…
Romania’s national carrier TAROM to cut its fleet by half
The Romanian national carrier TAROM has put up for sale 14 of the 29 aircraft in its fleet,…
Approved restructuring – lifeline for Malaysia Airlines
On February 22, 2021, Malaysia Aviation Group received approval from a court in the United Kingdom allowing it…
Goodbye, hello: Italy to create Alitalia vol.2
The transport minister of Italy signed the decree under which the government approved the establishment of a new…
SAA’s restructuring plan backfires as unions begin strike
Earlier in November, South African Airways (SAA) announced a new restructuring plan in hopes to break years-long string…
Malaysia Airlines turns to Morgan Stanley in recovery scramble
Malaysia’s sovereign wealth fund has hired Morgan Stanley to explore strategic options for Malaysia Airlines, including a potential…