Taiwanese carrier, TransAsia Airways, announced on the 22nd of November that it would be ceasing operations immediately. Airline officials reportedly stated that following the two fatal accidents in 2014 and 2015, the airline has since been unable to financially recover. Whilst the airline had recorded modest profits since 2009, recent financial data shows that the airline has sustained a NT2.09 Billion net loss since the beginning of 2016. As a result, the airline will begin the liquidation of its assets; however this action will need to be approved by shareholders.

The United States Federal Aviation Administration (FAA) has extended its ban of the airspace above the Simferopol and Dnipropetrovsk areas of Ukriane. Following the downing of Malaysia Airlines Flight MH-17 in 2014, the FAA placed an immediate restriction on airspace surrounding the Crimean region. The ban was originally slated to end in October 2016, however in November 2016 the FAA announced it would be extending this ban for an additional two years after the security situation within the area continued to be assessed as hazardous.

Sri Lankan carrier, Mihin Lanka, announced it would be ceasing operations at the end of October 2016. Following extended talks with the Sri Lankan government, it was reported that Mihin Lanka had sustained severe losses for a number of financial periods and due to this continued poor financial performance and decreasing load factors, the airline’s fleet, route network and operations would be absorbed by its sister airline; SriLankan Airlines. Reports of this amalgamation first surfaced in early 2015, however did not eventuate until late October 2016.