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Next Bankruptcies...

All about Airlines and Airliners.
 

miamiair (netAirspace FAA) 23 Jun 20, 09:20Post
Pulmantur(Wamos) filed
Air Europa about to go...
Iberia is asking for bail outs
And let's get one thing straight. There's a big difference between a pilot and an aviator. One is a technician; the other is an artist in love with flight. — E. B. Jeppesen
JLAmber (netAirspace ATC & Founding Member) 23 Jun 20, 17:34Post
miamiair wrote:Pulmantur(Wamos) filed


The excess capacity in the industry is going to kill ACMI Leasing operators for a while. Ironically, they will probably be in great demand when things pick up and the industry needs time to catch up. Hopefully most manage to tough it out until then.
A million great ideas...
Fumanchewd 23 Jun 20, 18:04Post
I would be very surprised if some US majors don't file, as they will have to restructure their debt for the long run anyway. I do think that Southwest and AA should make it through though.

One big US major in particular isn't paying their past due invoices with us and told us flat out that they won't for some time.
You don't need a weatherman to know which way the wind blows.
airtrainer 23 Jun 20, 19:34Post
LATAM Argentina ceased ops last week...
Grounded...
PA110 (Founding Member) 23 Jun 20, 21:32Post
airtrainer wrote:LATAM Argentina ceased ops last week...


Understandable, but a bit of a bummer. Aerolineas is such a basket case. 4M was much more dependable operationally.
Look, it's been swell, but the swelling's gone down.
airtrainer 23 Jun 20, 22:01Post
SunExpress Deutschland is next {cry}

Link
Grounded...
ShanwickOceanic (netAirspace FAA) 23 Jun 20, 23:33Post
On the bright side, Whale Tails and the alliance achievements will get easier... {boxed}
Let him that hath understanding count the number of the beast:
For it is the number of a man; and its number is One hundred threescore and twelve.
airtrainer 24 Jun 20, 17:48Post
ShanwickOceanic wrote:On the bright side, Whale Tails and the alliance achievements will get easier... {boxed}

Indeed, no more AF A380 and probably others {tired}
Grounded...
airtrainer 29 Jun 20, 22:12Post
NokScoot joined the list...
Grounded...
JLAmber (netAirspace ATC & Founding Member) 29 Jun 20, 22:43Post
airtrainer wrote:NokScoot joined the list...


Like many of the others, NokScoot isn't really a bankruptcy, more it was sacrificed by a larger owner who had knowingly positioned a weaker subsidiary as a lightning rod in the event of a downturn, much as LH & IAG have done.
A million great ideas...
miamiair (netAirspace FAA) 01 Jul 20, 11:36Post
AeroMexico

Link
And let's get one thing straight. There's a big difference between a pilot and an aviator. One is a technician; the other is an artist in love with flight. — E. B. Jeppesen
ShanwickOceanic (netAirspace FAA) 01 Jul 20, 12:18Post
El Al announced a $140m loss in 1Q 2020, and everything is grounded "until further notice". Looking for $400m bailout.

https://simpleflying.com/el-al-flights-cancelled
Let him that hath understanding count the number of the beast:
For it is the number of a man; and its number is One hundred threescore and twelve.
 

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