Thai AirAsia X files for bankruptcy

Sunday, May 22, 2022 0

Thai AirAsia X has filed for bankruptcy after more than two years without any international flights. The Thailand based long haul unit says a rehabilitation plan will be drawn up and it could take 8-12 months to exit the bankruptcy process.

The airline has already downsized its fleet from 12 wide-body aircraft to eight.

It is the third airline in Thailand to file for bankruptcy during the Covid-19 era after flag carrier Thai Airways and Nok Air.

Malaysia’s Airasia X recently completed its own debt restructuring.

Read Full Story

Related News Stories :   Heathrow Airport praises passenger cap effect as delays ease     San Bernardino Airport launches first-ever commercial flight     Holland America sued over deadly floatplane crash     Air India adds 24 domestic flights     UK and China agree to allow resumption of direct flights     Ryanair launches Cardiff rescue fares to accommodate Wizz Air fliers  


Ray Monty

Most Read

Nominated for a BritishTravel Award? Here is how to help your chances of winning.

Want something different with a tour of Rome? Then have a look at CarpeDiem Rome...

ITA Airways are expanding, Andrew Bunn UKI and Nordics Manager explains

Pierfrancesco Carino VP International Sales of ITA Airways explains the strategy for the airline

Antigua and Barbuda Update on What’s New in the Hotel Sector

Get a sneak peak at the Antigua and Barbuda’s Vision 2032

Diversity within DMO’s and the European influence - We speak to Destinations International

Western Australia is open for business and we speak to Roger Cook Deputy PM of the state and MOT

Buy Now Pay Later Travel Customers Are Demanding It

Dana Young of Visit Florida turns the tables on Graham as they discuss visiting the Sunshine State

Buy Now Pay Later Travel: Customers are Demanding it

Thailand is now fully opened: Learn all about it from Markland Blaiklock, head of Centara Hotels

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari