restructuring

Thailand’s embattled flag carrier Thai Airways International has set the course to recovery as its creditors have accepted the carrier’s revised rehabilitation plan The airline...

Indonesia’s national carrier Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations with creditors, according to a...

Indonesia’s national airline Garuda Indonesia will have to pay its creditors a total of 120.5 trillion rupiah ($8.3 billion) if it wants to carry...

Indonesia’s parliament on April 22 approved the government’s plan to raise the capital of flagship carrier Garuda Indonesia by 7.5 trillion rupiah ($518.31 million)...

Creditors of Indonesia’s struggling flagship airline Garuda Indonesia are seeking about 198 trillion rupiah ($13.9 billion) in claims as part of the carrier’s debt...

Philippine Airlines in a statement released on December 31 said it has emerged from bankruptcy after a US court approved its plan to slash...

The Thailand-based arm of Malaysian discount carrier AirAsia Group, Thai AirAsia, has announced mass layoffs and extended forced holidays for staff as it keeps...

Indonesia’s national airline Garuda Indonesia is planning for a major restructuring as it strives to survive the...

Thailand’s struggling national carrier Thai Airways is seeking a capital infusion of as much as 50 billion...

Game over for Thai Airways? Thai Airways in a sparse filing to the Thai stock exchange on February...

Malaysia Airlines will have to shut down if its creditors decide not to back its latest restructuring...

Malaysian budget airline AirAsia Group is pulling out of the Japanese market “with immediate effect” as the...

Back in January there were talks of the possibility of Thailand's national carrier Thai Airways International going bankrupt, but now things seemed to have...

The Malaysian government on September 1 has given the go-ahead for a rebranded national airline after a series of disasters and public relations incidents....