Garuda Indonesia’s management has a plan for it to continue operating as a going concern, but most of the steps taken are not yet realised, its auditors say in a 15 July report.
#garudaindonesia#airlines#southeastasia#restructuring
https://t.co/UDgOeTAOM0
ICYMI: updates fr Down Under, a market tt has become interesting despite the pandemic’s challenges.
#NewSouthWales#Victoria#Australia
Sydney Airport rejects ‘undervalued’ takeover bid
https://t.co/kON9ArugCY
Covid-19 resurgence batters MEL-SYD traffic
https://t.co/vl6yFaqCSt
Airlines have raised long-term debt to cover short-term obligations. Are they simply kicking the can down the road?
#APAC#airlines#COVID19#debt#liquidity
There is no rulebook on how to come out of this pandemic but early action may have given Asia-Pacific an edge on other regions
#APAC#airlines#Covid19#recovery#SARS2003