We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookies Policy
Accept
AsolicaAsolicaAsolica
  • Home
  • Business
  • Crypto
  • Finance
  • Marketing
  • Startup
Reading: Two low-cost airways lose licenses, all flights off
Share
Font ResizerAa
AsolicaAsolica
Font ResizerAa
  • Home
  • Business
  • Crypto
  • Finance
  • Marketing
  • Startup
Follow US
© 2025 Asolica News Network. All Rights Reserved.
Asolica > Blog > Finance > Two low-cost airways lose licenses, all flights off
Finance

Two low-cost airways lose licenses, all flights off

Admin
Last updated: February 20, 2026 6:59 pm
Admin
5 hours ago
Share
Two low-cost airways lose licenses, all flights off
SHARE

Essentially the most important license that an airline wants so as to launch and promote tickets for industrial flights to passengers is the Air Operator’s Certificates (AOC).

Contents
  • AirThailand and Actually Cool Airways now not have AOCs: Report
  • What occurs when an airline loses an AOC
    • Some regional airways to just lately file for chapter:

Handed out by the aviation regulatory authority in a given nation, the AOC is granted as soon as the airline proves that it has the required planes, workers, security programs and monetary assets to function.

An AOC will also be revoked over a failed security audit whereas if a service is in a state of insolvency, it has a set time period to show that it has a viable restructuring plan. Within the absence of 1, the airline can obtain a suspension or full revocation that may shut it down even when it had not deliberate to do that.

AirThailand and Actually Cool Airways now not have AOCs: Report

Airways that misplaced their AOCs over the previous few months embrace Estonia-based SmartLynx Airways, Austria-based Mali Air and Swedish constitution service H-Chicken. The latter airline had run into deep debt from a enterprise mannequin that focused rich vacationers who e book constitution flights however not bringing in sufficient of them to make up for working prices.

As first reported by ch-aviation, two low-cost airways in Thailand have turned the most recent to lose their AOCs. Rebranded from the defunct Asia Atlantic Airways in 2024, AirThailand was relaunched in 2024 with the objective of operating brief flights to China, Japan and the United Arab Emirates out of its base in Bangkok-Suvarnabhumi Airport (BKK) however finally didn’t get off the bottom.

Associated: One other journey firm information for chapter, cancels all journeys

Whereas causes for the misplaced AOCs haven’t been made publicly out there, AirThailand tried to enter a market stuffed with competitors from numerous Asian airways additionally flying the identical routes to the favored vacationer locations: AirAsia and Jetstar Japan particularly.

What occurs when an airline loses an AOC

Based in 2018 additionally out of Suvarnabhumi Airport, Actually Cool Airways had been making ready to launch its first flights inside Asia in 2026 as properly however is now reported to now not have a legitimate AOC. Founder and CEO Patee Sarasin had beforehand spoken of deliberate routes to Japan, Singapore, Hong Kong, Taiwan and Kazakhstan in addition to eventual plans to broaden to London and Australia.


Two price range Thai airways are reported to now not have legitimate AOCs.

Shutterstock

Some regional airways to just lately file for chapter:

  • Spirit Airways (Spirit Aviation Holdings, Inc.): Filed for Chapter 11 chapter for the second time on August 29,2025.
  • Ravn Alaska: Ceased operations in August 2025 after earlier Chapter 11 proceedings; shut down flights and folded into different operations reminiscent of New Pacific.
  • Company Air: Filed for Chapter 11 chapter (restructuring) in September 2025 as a part of a deliberate sale, based on Bondoro.
  • Play Airways: The Reykjavik-based airline shut down operations and entered involuntary chapter in September 2025.
  • Braathens Airways:The airline was pressured to file for chapter and canceled all of its flights in September2025.

Journey Information:

  • Airline to launch uncommon new flight to Cayman Islands from the U.S.
  • United Airways CEO provides stark warning on Olympic Video games
  • Surprising nation is most luxurious journey vacation spot for 2026
  • US authorities points sudden warning on Switzerland journey

In Thailand, the regulatory company granting AOCs is the Civil Aviation Authority of Thailand (CAAT); neither it nor both of the 2 airways have commented on studies that they’ve misplaced their licenses.

Associated: One other regional airline information for Chapter 7 chapter and liquidates

Costco lowered key costs with out telling its members
Walmart is promoting an $82 comforter set for $48
Extra financially distressed farmers are anticipated to lose their property quickly as mortgage repayments and incomes proceed to falter | Fortune
Chipotle dodges investor lawsuit over portion measurement complaints
Ikea has a 'sturdy' fundamental 5-tier bookshelf for simply $33
TAGGED:AirlinesflightslicensesloseLowcost
Share This Article
Facebook Email Print
Previous Article 2 FTSE shares that seem like severe bargains proper now 2 FTSE shares that seem like severe bargains proper now
Next Article One other European Nation Bans Polymarket, Threatens M Wonderful One other European Nation Bans Polymarket, Threatens $1M Wonderful
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Popular News
Walmart's bestselling 3 farmhouse kitchen buffet cupboard is simply 1 throughout a limited-time Flash deal
Finance

Walmart's bestselling $243 farmhouse kitchen buffet cupboard is simply $141 throughout a limited-time Flash deal

Admin
By Admin
2 weeks ago
Mattel (MAT) Earnings Infographic: 3Q25 Key Numbers | AlphaStreet
Justin Solar’s ‘ex’ claims he slid into her DMs to get articles deleted
2 FTSE shares that might hold driving this commodities growth
Amazon is promoting a backpack that’s 'tremendous sturdy and suits lots' for simply $17

You Might Also Like

Walmart is promoting a 'trendy' 0 accent cupboard for under

Walmart is promoting a 'trendy' $240 accent cupboard for under $95

5 months ago
Worldwide journey firm shuts down in chapter, vacationers stranded

Worldwide journey firm shuts down in chapter, vacationers stranded

1 month ago
Amazon is promoting a wise calendar for under 3 proper now

Amazon is promoting a wise calendar for under $123 proper now

3 months ago
Amazon has  Rubbermaid containers that hold 'Thanksgiving leftovers contemporary' for less than

Amazon has $40 Rubbermaid containers that hold 'Thanksgiving leftovers contemporary' for less than $24

3 months ago
about us

Welcome to Asolica, your reliable destination for independent news, in-depth analysis, and global updates.

  • Home
  • Business
  • Crypto
  • Finance
  • Marketing
  • Startup
  • About Us
  • Contact Us
  • Privacy Policy
  • Cookie Policy
  • Disclaimer
  • Terms & Conditions

Find Us on Socials

© 2025 Asolica News Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?