Island Air filed (16-Oct-2017) for chapter 11 bankruptcy protection in an effort to continue normal operations while navigating through legal challenges recently presented by the lessors of its aircraft. The bankruptcy filing was caused by "threats of legal action to ground the aircraft and strand hundreds of passengers". Island Air expects to operate scheduled routes as normal and honour all previously purchased tickets and confirmed reservations. The carrier advised it was "very surprised" when lessors served them with notices of lease termination and demands to surrender its aircraft, whilst in the process of negotiating the leases. Island Air president and CEO David Uchiyama stated: "Once we have completed the reorganisation process, Island Air expects to emerge as a stronger airline with a solid financial structure that will allow us to continue to meet the demands of Hawai'i's dynamic interisland market, while positioning us for future growth and expansion". [more - original PR]
AirAsia Japan announced (16-Oct-017) plans to commence operations with twice daily Nagoya Chubu-Sapporo Chitose service on 29-Oct-2017. Fares will go on sale from 17-Oct-2017, with the carrier offering three fare categories. The carrier is offering promotional fares at JPY5 (USD0.05) and normal fares from JPY4190 (USD38.1). [more - original PR][more - original PR - Japanese]
easyJet submitted (16-Oct-2017) an expression of interest in certain assets of a restructured Alitalia, "consistent with easyJet's existing strategy for Italy". easyJet stated the content of the expression of interest is subject to confidentiality and there is no certainty that any transaction will proceed. [more - original PR]
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