Air Berlin files for bankruptcy
August 31, 2017
German carrier, Air Berlin, announced it has filed for bankruptcy with the district court of Berlin Charlottenburg. The airline has sustained a number of severe financial losses over the past decade and will now enter a period of extensive restructuring. The German Federal Government has provided a EUR150 Million bridging loan, which will allow the airline to continue limited flight operations til November. Despite the continuation of services, reports indicate the airline has already moved to discontinue the majority of flights to the United States with further international services expected to be terminated in the coming months.
Scoot Tigerair merger
August 31, 2017
On the 23rd July 2017, Singapore Airlines, the owner of both Tigerair Singapore (Originally Tiger Airways TR/TGW) and Scoot, announced that the two airlines will be consolidated into a single carrier under the Scoot name and branding. As a result, Tigerair aircraft will be repainted in Scoot livery and colours, a process that is not expected to be completed by 2018. However the TR flight code will replace Scoot’s TZ code. The merger was completed at the end of July, with both airlines set to utilise a single reservation, ticketing and scheduling system. Tigerair Taiwan and Tigerair Australia will continue to operate under their respective brands.
SPOTLIGHT REVIEW: Yemenia
July 31, 2017
Yemenia (Yemen Airways) is the flag carrier of Yemen, and operates domestic and international services from its home bases at Sana’a International Airport and Aden International Airport. The airline commenced operations in 1962. The current name, Yemenia, was adopted in 1978, following the joint establishment of the Government of Yemen and the Government of Saudi Arabia. Both governments still jointly own the airline.
In 2011, Yemenia commenced the process of renewing its fleet when it took delivery of its first of ten Airbus A320 aircraft. Additionally, the airline had also placed orders for an additional ten Airbus A350 aircraft. However, by late 2014, the airline had only taken delivery of a total of two aircraft out of the original ten that had been ordered. Furthermore, the airline has also reduced its fleet to just three operational aircraft from mid-2012 to mid 2017. While this had allowed the airline to reduce its average overall fleet age by approximately eight years, it also indicated that the airline was likely experiencing significant constraints as a result of the deteriorating security environment within Yemen.
In mid 2016 it was observed that Yemenia no longer featured on the IOSA Registry, however, remained listed as an IATA member. In late 2016, the airline's IATA membership was also removed. As a result, the airline's adherence to internationally recognised safety standards could not be wholly verified.