Thai Airways International managed to reduce its operating loss for the first nine months of 2021, despite a decline in revenue due to new COVID-19 outbreaks in Thailand, coupled with ongoing international travel restrictions related to the pandemic. Operating loss…
AirAsia Group is renaming the holding company of its airlines as part of the group’s plans to create a clear distinction between the airline and digital operations. This has resulted in the holding company, AirAsia Investment, being rebranded as AirAsia…
The Airbus A380 is set for a revival. Just when many thought that Covid had done for the biggest passenger airplane in the world, a number of airlines have planned to reintroduce the type into service. British Airways confirmed today that…
Another airline is going to say goodbye to the Airbus A380. Korean Air will dispose of its ten double-deckers within five years, while the carrier will take another five more years to also phase out its ten Boeing 747-8Is, CEO Walter…
Mainly thanks to cost-cutting measures and debt restructuring, Thai Airways has reduced its losses during the first six months and even reported a Baht 11.125 billion profit again. The carrier hopes to further improve its results in Q3 as it tries…
The parent company of Philippine Airlines, PAL Holdings, booked a record 73 billion pesos (US$1.51 billion) loss in 2020 as the COVID-19 pandemic severely impacted the global aviation sector. The company said its management and stakeholders are working on the…