United Kingdom
United States
Asia Pacific
Thai AirAsia X files for bankruptcy
Wednesday, 22 May, 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 StoryRelated News Stories:
Ray Monty
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Protestors now targeting Amsterdam cruise calls
Unexpected wave rocks cruise ship