The Civil Aviation Administration of China (CAAC) plans to establish a temporary “green channel” for airlines – both local and foreign – to fast track approvals to operate international passenger charter flights. The CAAC said in a website statement the original time limit for requesting approval no later than seven working days in advance had been reduced to three working days.Read More »
Thai AirAsia executive chairman, Tassapon Bijleveld, has told The Bangkok Post newspaper in an interview published today a merger with another airline in Thailand was "possible if aviation in Thailand resumes with the same old fiery price wars, as now we have more limited revenue sources" amid the coronavirus pandemic. Bijleveld, who also is executive chairman of Thai AirAsia's majority shareholder, Asia Aviation Plc, told the newspaper he has had conversations with other airlines about a merger but no deals were being discussed.
Thailand’s flag carrier, Thai Airways International (THAI), said in a regulatory filing to the Stock Exchange of Thailand on Wednesday the Central Bankruptcy Court had accepted its petition for rehabilitation of the company, with the first hearing set down for August 17. THAI said one of its recently appointed directors, Pailin Chuchottaworn, had resigned from the board, with media reports saying he stepped down due to legal issues.
Indonesia-based airline group, Lion Air, said yesterday it had suspended all domestic flights until June 1 because of passengers' lack of understanding about requirements for obtaining necessary pre-flight documents before travelling. The five-day suspension, which applied to Lion Air, Wings Air and Batik Air according to a statement on the Lion Air website, comes less than a month after the airline group resumed domestic flights in line with an easing of the government's restriction of movement rules.
Figures from the Association of Asia Pacific Airlines (AAPA), published on Wednesday, reported the region’s carriers suffered a 98.8% drop in international traffic in April, with passenger numbers tumbling to 368,000 in the month, from 31.9 million a year ago. The figures highlighted the devastating impact of the coronavirus pandemic on global air travel, but AAPA director general, Subhas Menon, said there were encouraging signs in the market as some carriers were gradually restoring domestic flights and other airlines were planning to ramp up international services as border restrictions were progressively relaxed.
Cathay Pacific Group said in a regulatory filing to the Stock Exchange of Hong Kong yesterday its financial results for the six months to June 30, 2020 would be released to the market on Wednesday, August 12.