Author Topic: Airlines down the drain due to Virus (Read 3673 times)

KSMH · « **on:** March 05, 2020, 12:38:38 AM »

https://www.godsavethepoints.com/breaking-flybe-administration/

chff · « **Reply #1 on:** March 07, 2020, 11:56:49 PM »

Quote from: KSMH on March 05, 2020, 12:38:38 AM

https://www.godsavethepoints.com/breaking-flybe-administration/

The virus was maybe the last nail to the coffin, but it did not cause their problems

avromie7 · « **Reply #2 on:** March 08, 2020, 09:52:29 AM »

Quote from: chff on March 07, 2020, 11:56:49 PM

The virus was maybe the last nail to the coffin, but it did not cause their problems

just like most of the people who does from it.

chff · « **Reply #3 on:** March 08, 2020, 12:45:19 PM »

Quote from: avromie7 on March 08, 2020, 09:52:29 AM

just like most of the people who does from it.

Many people if not the for COVID-19 nothing would have happened and they would be going on regularly with their life's (not taking about the home in Seattle, talking in general). Flybe was going to close either way in just a few months, most they would have lasted was till after the summer

ExGingi · « **Reply #4 on:** March 08, 2020, 02:39:17 PM »

Quote from: chff on March 08, 2020, 12:45:19 PM

Many people if not the for COVID-19 nothing would have happened and they would be going on regularly with their life's (not taking about the home in Seattle, talking in general). Flybe was going to close either way in just a few months, most they would have lasted was till after the summer

Wasn't Virgin supposedly going to throw them a lifeline?

chff · « **Reply #5 on:** March 08, 2020, 08:34:25 PM »

Quote from: ExGingi on March 08, 2020, 02:39:17 PM

Wasn't Virgin supposedly going to throw them a lifeline?

Quote

Virgin Atlantic, along with Stobart Group and Cyrus Capital Partners, formed the Connect Airways consortium which intervened in 2019 to prevent the collapse of Flybe and keep Europe’s largest regional airline flying. With customers and staff at the front of our minds, over the past 14 months the consortium has invested more than £135m to keep the airline flying for an extra year, maintaining 2,400 people in employment and ensuring customers could keep travelling. This amount includes approximately £25 million of the £30 million committed in January 2020, alongside a Time to Pay arrangement with HM Treasury for Air Passenger Duty to the value of £3.8 million.

https://onemileatatime.com/flybe-ceases-operations/

chff · « **Reply #6 on:** April 20, 2020, 10:43:28 AM »

Virgin Australia went into voluntary administration
https://onemileatatime.com/virgin-australia-administration/
https://viewfromthewing.com/virgin-australia-enters-their-countrys-version-of-bankruptcy/

chff · « **Reply #7 on:** April 20, 2020, 10:43:58 AM »

Norwegian Air Declares Four Subsidiaries Bankrupt
https://viewfromthewing.com/norwegian-air-declares-four-subsidiaries-bankrupt/
https://onemileatatime.com/norwegian-air-subsidiary-bankruptcy/

Yehudaa · « **Reply #8 on:** April 20, 2020, 10:47:53 AM »

Quote from: Yehudaa on April 20, 2020, 08:50:32 AM

SA Airways to lay off its entire staff; looking to sell assets.

https://www.bloomberg.com/news/articles/2020-04-18/south-african-airways-nears-collapse-with-plan-to-fire-workforce

AsherO · « **Reply #9 on:** April 20, 2020, 11:14:03 AM »

Quote from: chff on April 20, 2020, 10:43:58 AM

Norwegian Air Declares Four Subsidiaries Bankrupt
https://viewfromthewing.com/norwegian-air-declares-four-subsidiaries-bankrupt/
https://onemileatatime.com/norwegian-air-subsidiary-bankruptcy/

These are just pilot-employing subsidiaries. Waiting for the next shoe to drop...

AsherO · « **Reply #10 on:** April 20, 2020, 11:14:49 AM »

Also:

Quote from: Yehudaa on April 20, 2020, 08:50:32 AM

SA Airways to lay off its entire staff; looking to sell assets.

https://www.bloomberg.com/news/articles/2020-04-18/south-african-airways-nears-collapse-with-plan-to-fire-workforce

Yosel · « **Reply #11 on:** April 20, 2020, 11:23:17 AM »

and EL AL does not exist anymore either

moish · « **Reply #12 on:** April 20, 2020, 12:52:26 PM »

Quote from: Yosel on April 20, 2020, 11:23:17 AM

and EL AL does not exist anymore either

They dont?? Pretty sure they do

ari3 · « **Reply #13 on:** April 20, 2020, 01:56:52 PM »

Quote from: moish on April 20, 2020, 12:52:26 PM

They dont?? Pretty sure they do

It depends what you consider existing. They aren't flying but they are negotiating a bailout.

https://www.jpost.com/Jpost-Tech/Business-and-Innovation/Navigating-the-crisis-How-does-El-Als-anticipated-bailout-stack-up-624878

aygart · « **Reply #14 on:** April 20, 2020, 02:22:36 PM »

Quote from: ari3 on April 20, 2020, 01:56:52 PM

they are negotiating a bailout.

Isn't that the main operation of an airline these days?

moish · « **Reply #15 on:** April 21, 2020, 03:27:13 PM »

Quote from: ari3 on April 20, 2020, 01:56:52 PM

It depends what you consider existing. They aren't flying but they are negotiating a bailout.

https://www.jpost.com/Jpost-Tech/Business-and-Innovation/Navigating-the-crisis-How-does-El-Als-anticipated-bailout-stack-up-624878

They're flying cargo

Yehudaa · « **Reply #16 on:** April 22, 2020, 11:19:20 AM »

Air Mauritius

https://onemileatatime.com/air-mauritius-administration/

https://samchui.com/2020/04/22/air-mauritius-enters-voluntary-administration/#.XqBgI2hKiUk

KSMH · « **Reply #17 on:** May 10, 2020, 02:44:13 PM »

Miami air
https://airwaysmag.com/airlines/miami-air-end-operations-after-29-years/

ari3 · « **Reply #18 on:** May 10, 2020, 04:01:59 PM »

Avianca

https://www.dansdeals.com/points-travel/airlines/airline-news/avianca-files-chapter-11-bankruptcy-us/

but they will probably reorganize or get bailed out and continue flying.

Yehudaa · « **Reply #19 on:** May 15, 2020, 06:12:48 PM »

Not down the drain, but an internal bulletin to members from the Canadian Union of Public Employees says Air Canada will ask workers to slash their schedules, go on leave for up to two years or resign with travel privileges.