S. KOREAN LCC UNDER HEAVY DEBT FROM HUGE DEIFICTS DUE TO PANDEMIC

Highlights –

• S. Korean LCC under heavy debt from huge deficits due to pandemic.
• Jeju Air Co., Jin Air Co. and T'way Air Co. debt-to-equity ratio ranged from 430% to 517% in 2020.
• Jeju Air Co. had 218.4 billion won in equity capita...

INTERNATIONAL FLIGHTS FOR BUSINESS TRAVELERS PARTIALLY RESUMED BY JAPAN

HIGHLIGHTS

• Japan has partially resumed international flights but only for business, not for tourism.
• Three charted flights have been planned to take off from Japan with first flight already gone.

Japan has partially resumed internati...

COMMERCIAL INTERNATIONAL FLIGHTS MIGHT START IN JULY

Highlights

• According to Union Civil Aviation Minister Hardeep Singh Puri, in order to resume commercial international flights, the Central Government will have to consider various factors including the global pandemic scenario

• Union Minister also stated that the ...

CHINA CUTS BACK SMOOTH RUN OF INTERNATIONAL FLIGHTS AND DISTANCES ITSELF FROM FOREIGN RESIDENTS

• China shuns foreign nationals
• China cuts down on International flights

China has already become action-ready and intends stopping the influx of visitors to the country and drastically cut-down its international flights in the hope of curtailin...

NIPPON AIRLINES UPDATES ITS BEVERAGES MENU

Highlights:

• The All Nippon Airways has updated the beverage menu for its business and first-class passengers
• They have added a new collection of sake to the menu

The updated menu will be applicable from March. It is available to the ...