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AirAsia X Seeks $15B+ Debt Wipeout Or Collapse Awaits

AirAsia X, a Kuala Lumpur-based chronically shedding widebody provider, this week requested its debtors to relinquish 99.7% of their excellent obligations of MYR 63.5 billion. Shareholders’ fairness is unfavourable and the corporate’s present liabilities of MYR 3.38 billion are greater than double that of its present belongings. The corporate, in essence, is bancrupt. AirAsia X …

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Threat of coronavirus on planes lower than getting struck by lightning, airline group says

Vacationers involved about contracting the coronavirus on a flight can breathe at the very least a small sigh of reduction after new proof that there’s a very low danger of contracting COVID-19 on board an airplane. The Worldwide Air Transport Affiliation (IATA) has discovered solely 44 confirmed instances of COVID-19 caught on a flight among …

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Holland America rethinking itineraries in wake of downsizing

Holland America’s fleet discount associated to the coronavirus pandemic in current months will have an effect on the model’s itinerary alignment, its chief govt mentioned Wednesday. “It’s going to imply a setback when it comes to lengthy voyages, when it comes to unique itineraries,” mentioned Holland America President Gus Antorcha throughout a press occasion at …

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Alternative Privileges Purchase Factors Thriller Low cost Sale Till November 6, 2020

Alternative Privileges has launched a brand new Thriller Level sale for purchases made by way of November 6, 2020. Now you can buy as much as 180,000 factors every calendar yr (beforehand restricted to 120,000), and a few members have their buy restrict elevated to 250,000 throughout these gross sales. You’ll be able to entry …

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Shangri-La Golden Circle Extends Factors Expiry Till December 31, 2021

The Shangri-La Golden Circle was one of many first applications to routinely lengthen all membership ranges till December 31, 2021. Now, Golden Circle extends factors expiring on the finish of 2020 for 12 months till December 31, 2021. Can entry Shangri-La Golden Circle here. Right here is the e-mail that Golden Circle sends: conclusion This …

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Microsoft Flight Simulator: Simpler to Get Flying Than You Would possibly Suppose!

Whereas some individuals might look Microsoft Flight Simulator (MSFS) and name it a online game, it’s rather more than that for a lot of individuals. It is there within the title: “simulator”. I do know of a handful of longtime aviation fanatics who can attribute their fascination with flights to Microsoft Flight Simulator. When Microsoft …

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Marriott Loses 122 Motels In America Due To Failure To Pay Precedence Returns

Service Properties Belief (SVC), which simply eliminated greater than 100 accommodations from IHG to Sonesta (learn extra right here) as a result of IHG did not ahead precedence proprietor returns, is doing the identical with Marriott. Marriott did not make the agreed-upon proprietor precedence return funds to SVC, which now terminates the affiliation of 122 …

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