With no finance minister helming the ministry, Thai AirAsia and six other airlines are hoping to go straight to the top and meet with Thai prime minister Prayut Chan-o-cha regarding government assistance.
Vietnam Airlines is in the process of securing a VND4 trillion ($171.8 million) government loan as well as another VND8 trillion in charter capital increases as the flag-carrier predicts a VND15.1 trillion loss for 2020.
Mesa Airlines managed to eke out a $3 million net profit in the 2020 second quarter (Q2), as fixed payments from major airline partners helped the carrier overcome a historic air travel slowdown caused by the COVID-19 pandemic.
Icelandair said it has completed agreements with all its creditors and reached a final settlement with Boeing on the impact of the grounding of the Boeing 737 MAX.
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