Negotiations between Thai Airways International and one of its lessors Amedeo Air Four Plus (AA4) over the future of four Airbus A350-900s are reaching a “critical phase” as the airline is due to finalise its restructuring plan next month.
China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020 as the coronavirus outbreak impacted travel demand, particularly in their international networks.
After months of negotiations, Malaysia Airlines has secured near-unanimous in-principle agreement from lessors and other creditors for its planned restructuring, three people close to the process tell Cirium.
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