COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19 - Wings900 Discussion Forums Wings900 - Model News

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Old 04-23-2020, 02:26 AM   #1
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Thumbs down COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

It will be like post 9/11 again.

Following per what I see and read

1. Flybe - 05.03.2020 - insolvent
2. SAA South African Airways - 18.04.2020 effective 30.04.2020
3. Virgin Australia - 21.03.2020 - voluntary administration
4. Air Mauritius 22.04.2020 - voluntary administration
5. LGW - 22.04.2020 - insolvent
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Old 04-23-2020, 04:07 PM   #2
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Air Italy - 11/02/2020 - liquidation
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Old 04-23-2020, 04:11 PM   #3
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Quote:
Originally Posted by Charter View Post
Air Italy - 11/02/2020 - liquidation
due to the Coronavirus outbreak?
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Old 04-23-2020, 04:15 PM   #4
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Quote:
Originally Posted by LeoMuse747 View Post
due to the Cronavirus outbreak?
One of the many causes even if not the main.
Not only: due to Air Italy demise there are 5.000 less seats for USA and, along with Covid-19 pandemic, Milan MXP airport is declining in a dangerous way.
Just today there is a proposal, merge Air Italy with Alitalia!
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Last edited by Charter; 04-23-2020 at 04:23 PM.
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Old 04-24-2020, 04:26 AM   #5
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

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Originally Posted by Charter View Post
One of the many causes even if not the main.
Weren’t they already in big trouble before the outbreak?
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Old 04-24-2020, 07:09 AM   #6
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

CityJet and Interjet are also in serious trouble.
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Old 04-24-2020, 07:58 AM   #7
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Quote:
Originally Posted by Wingslover View Post
Weren’t they already in big trouble before the outbreak?
Yes, like SAA and FlyBe.
The real problems of Air Italy were these:
1) a "war" among Meridiana-Eurofly and previous Air Italy employees (including pilots and cabin crews)
2) some long haul flights towards USA
3) uncertainty about flights to/from Sardinia
4) activity moved from Olbia (including maintaining) to Milan Malpensa
5) sudden illness of a great number of employees since the end of January (now we know they were already infected by Covid-19, like thousand of people in Italy having pneumonia since the end of December!)
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Old 04-25-2020, 03:06 AM   #8
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

And now if the press is to be believed, Thai Airways looks in trouble as well.
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Old 04-28-2020, 07:48 AM   #9
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

This pandemic sure has brought major changes in our lifestyle.
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Old 04-28-2020, 09:28 AM   #10
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Quote:
Originally Posted by margotti View Post
This pandemic sure has brought major changes in our lifestyle.
Ciao, welcome to Wings900 and thanks for sharing your comment.
Yes, i can't imagine how flying will be in the next months/year.
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Old 05-11-2020, 07:03 PM   #11
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B-HUF is flying under the radar
Avianca is also in trouble...
https://www.reuters.com/article/us-a...-idUSKBN22M0N1

And there have been rumours that Cathay Pacific Group is looking into restructuring plans, while a key move would be to ditch Cathay Dragon and transfer all short haul flights to HKExpress (which would be renamed as "Cathay Express").

Gosh...the aviation world is really tearing apart. I wonder how many airlines will survive!
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Old 05-12-2020, 12:19 AM   #12
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Miami Air ceased
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Old 05-12-2020, 12:21 AM   #13
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Quote:
Originally Posted by B-HUF View Post
Avianca is also in trouble...
https://www.reuters.com/article/us-a...-idUSKBN22M0N1

And there have been rumours that Cathay Pacific Group is looking into restructuring plans, while a key move would be to ditch Cathay Dragon and transfer all short haul flights to HKExpress (which would be renamed as "Cathay Express").

Gosh...the aviation world is really tearing apart. I wonder how many airlines will survive!
More airlines will go bust in restart phase when the find themselves out of cash and government support. The grounding phase is still safe
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Old 05-12-2020, 06:37 AM   #14
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Branson will sell his stock in Virgin Galactic to fund Virgin Atlantic.. But without any government support they'll likely go bust too..
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Old 05-13-2020, 03:05 PM   #15
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Re: COVID-19: Airlines in administration, liquidation, bankrupcty etc due to COVID-19

Aviance Peru (formerly TACA Peru) in liquidation
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