Which Airlines may be next to Fold?

[ozfflyer]

thomas cook gone

jet airways india gone

cobalt gone

numerous otheer EU operators gone

JQ NZ domestic goning

Condor next ?

Norwegian ?

 

[kamchatsky]

Talk that the Cathay Dragon brand is to be retired

Cathay Pacific to cut 6,000 jobs, axe Cathay Dragon brand: SCMP

Hong Kong's Cathay Pacific Airways Ltd will cut around 6,000 jobs, or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the South China Morning Post reported on Tuesday, citing sources.

www.reuters.com

Confirmed unfortunately. KA is no more.

Nearly all Cathay Dragon staff to go as part of airline’s 5,900 job cuts

Cathay Pacific Airways chairman calls decision ‘heart-wrenching’ and says focus must be on creating ‘world-leading’ brand with Cathay Pacific. Around 4,000 cabin crew, 600 pilots, and 700 ground and office staff to lose jobs.

www.scmp.com

 

[drron]

Interjet Mexico looks like it is on it's last legs.Cancelling flights because they can't pay for fuel.

Interjet Cancels Flights Because It Can't Pay For Fuel: Is This The End?

Mexico's Interjet has canceled flights for two days in a row, as it has been unable to pay for fuel. Now the airline has gone silent.

onemileatatime.com

 

[JohnM]

Interjet Mexico looks like it is on it's last legs.Cancelling flights because they can't pay for fuel.

Interjet Cancels Flights Because It Can't Pay For Fuel: Is This The End?

Mexico's Interjet has canceled flights for two days in a row, as it has been unable to pay for fuel. Now the airline has gone silent.

onemileatatime.com

Sad. I was impressed with them when I flew to Cuba and back. Best whY I've had in my thankfully limited experience of whY in the last 20 years.

Oh well, I was unlikely to use them again, anyway. But still...

 

[drron]

More on Thai and AF/KLM.

Near 5,000 THAI staff to retire early

Almost 5,000 Thai Airways International employees have signed up for the company's early retirement programme, as concerns mount over the airline's ability to reduce its operating costs to match falling revenues.

www.bangkokpost.com

Dutch Government Holds Back 3.4 Billion Euro Aid Package As Pilots Refuse 5Y Freeze On Pay Raises

KLM on thin ice as pilots refuse long term pay freeze.

loyaltylobby.com

 

[drron]

Norwegian gets closer to the brink.

Norwegian Faces Uncertain Future – Government Refuses To Provide More Funds

Norwegian faces an uncertain future as the country's government refuses to provide more support to the airline.

loyaltylobby.com

 

[drron]

Asiana may disappear.

Korean Air In Talks To Takeover Asiana

Korean Air is in talks to acquire Asiana.

loyaltylobby.com

 

[jakeseven7]

Asiana may disappear.

Korean Air In Talks To Takeover Asiana

Korean Air is in talks to acquire Asiana.

loyaltylobby.com

Damn they were much better product than Korean air if you forgive their non ability to land sometimes...

 

[moa999]

Norwegian gets closer to the brink.

Norwegian Faces Uncertain Future – Government Refuses To Provide More Funds

Norwegian faces an uncertain future as the country's government refuses to provide more support to the airline.

loyaltylobby.com

When one bailout isn't enough.
They've already had a massive debt to equity conversion with the lessors including BOC now having control.

 

[AIRwin]

Asiana may disappear.

Korean Air In Talks To Takeover Asiana

Korean Air is in talks to acquire Asiana.

loyaltylobby.com

Korean Air to take over Asiana

Wow, very interesting development for Korean aviation! Not sure this is in the best interests of the consumer, but when has that ever stopped the chaebols!! https://www.executivetraveller.com/news/korean-air-buys-asiana-airlines 1605496815 Another article from Reuters here...

www.australianfrequentflyer.com.au

 

[oz_mark]

Air Asia Japan

AirAsia Japan files for bankruptcy, leaving 23,000 flyers without refunds

Budget carrier becomes Japanese skies' first casualty of the pandemic

asia.nikkei.com

 

[drron]

And another step in the Norwegian saga.

Norwegian Files For Examinership In Ireland (Bankruptcy Protection/Reorganization)

Norwegian, with its subsidiaries, has filed for examinership in Ireland.

loyaltylobby.com

 

[jakeseven7]

I guess and just for the record and archives of this thread, VA1 formally folded on Tuesday, dissolved and becoming a fully owned subsidiary of Bain.

Any news on what is happening to Virgin Atlantic by the way?

 

[drron]

One out of left field.Could JAL and ANA merge?

Uh Oh: Could Japan's ANA & JAL Merge?

The Japanese government is suggesting that a merger between All Nippon Airways and Japan Airlines makes sense. Could this happen?

onemileatatime.com

 

[MEL_Traveller]

One out of left field.Could JAL and ANA merge?

Uh Oh: Could Japan's ANA & JAL Merge?

The Japanese government is suggesting that a merger between All Nippon Airways and Japan Airlines makes sense. Could this happen?

onemileatatime.com

It would certainly make for a top notch airline! best seats in economy. Best services for premium economy (automatic lounge access, no status required), excellent business class seating across both carriers, both top-10 first classes.

 

[HappyFlyerFamily]

With all these potential mergers, are we going to end up with 2 global alliances?

 

[I love to travel]

It would certainly make for a top notch airline! best seats in economy. Best services for premium economy (automatic lounge access, no status required), excellent business class seating across both carriers, both top-10 first classes.

If it is ANA that goes Star Alliance is looking much weaker given Asian seems to be exiting

 

[drron]

Same for OW if it is JAL that goes.CX has major problems now with KA gone and the early takeover of HKG by China,MH not much and may fold and UL a bit peripheral for Australia-Asia travel.Would leave QF as the major Asian presence in OW for Australians so they would need to add more destinations.

 

[HappyFlyerFamily]

Same for OW if it is JAL that goes.CX has major problems now with KA gone and the early takeover of HKG by China,MH not much and may fold and UL a bit peripheral for Australia-Asia travel.Would leave QF as the major Asian presence in OW for Australians so they would need to add more destinations.

Yes Qantas may need to add destinations, so that OW have a strong Asian presence but they already have routes to Japan, Hong Kong and Malaysia/Singapore.

 

[dajop]

With all these potential mergers, are we going to end up with 2 global alliances?

Remember the alliances are playthings of US and European carriers, where there are 3 dominant legacy carriers (US) and 3 dominant legacy carrier groupings (Europe). So unless there's mergers in those geographies, it's difficult to see it reducing to just 2 global alliances.

But maybe we'll more relationships between individual carriers cross-alliance (like QF have with EK, MU, KL/AF).

 

[astrosly]

Montenegro airlines now halted.

Montenegro Airlines ceases operations after government refuses bailout

Montenegro Airlines ceased its operations on Saturday after the small country's new government refused to continue financing the indebted national carrier.

www.traveller.com.au

Small Balkan country of about 630K and on the back of a recent election win for a conservative party.