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42 VICTIMS OF PANDEMIC: WHAT AIRLINES HAVE BEEN DRIVEN INTO BANKRUPTCY

Aviation has undoubtedly been one of the main victims of the COVID-19 pandemic. Only the sector of tourism can boast of comparable data on the amount of financial damage. However, as evidenced by the data presented by the specialists ... ... were 46 of them). The reason for this, according to experts, was the measures of state regulation and moratoriums imposed on bankruptcy in different countries of the world. At the same time, as experts emphasize, the terms of bans on bankruptcy in a ...

Modified: 02.24.2021
airlines , bankruptcy , pandemic , coronavirus , coronacrisis , tourism
Path: РусБанкрот - СМИ

THAI AIRWAYS LAYS OFF EMPLOYEES TO AVOID BANKRUPTCY

Thai Airways, Thailand's national carrier, filed for bankruptcy in May last year. The procedure provides for protection from creditors and ... .... The company has been facing financial difficulties since 2012, but the COVID-19 pandemic has made the situation even worse. Thai Airways, like many air carriers around... ... company employs about 21 thousand people and continues to be an important link in the tourism industry of Thailand.

Modified: 02.20.2021
bankruptcy , Thailand , airline , Thai Airways , layoffs , coronavirus , pandemic , tourism , coronacrisis
Path: РусБанкрот - СМИ
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