AirAsia Japan declared bankruptcy?

Yes, the first airline bankruptcy occurred in Japan recently, and all four routes of a low-cost airline named "AirAsia Japan" were cancelled recently. AirAsia Japan is currently returning the leased aircraft, of which 1 flew to Singapore where the leasing company is located on the 8th, and the other two will be returned before the end of next year 1.

Due to insolvency, AirAsia Japan applied to the court to start bankruptcy proceedings last month, with total liabilities of about RMB 654.38+36 billion. It is reported that AirAsia Japan still owes more than 23,000 air tickets, totaling about 3 1 10,000 yuan.

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Reasons for the difficulties in the operation of AirAsia Japan:

According to public information, AirAsia Japan is a joint venture company established in 2006 by AirAsia Malaysia and Japanese partners on 20 14 * * *, and the company is headquartered in Aichi Prefecture in central Japan. Although the company only operates three domestic routes and 1 international routes departing from Aichi Prefecture, it is a major layout of AirAsia in Japan. ?

At the beginning of 2020, the COVID-19 epidemic swept the world, and the company completely grounded in April, and did not resume domestic airline operations until August. However, four months after the power outage, the company's financial situation was in crisis. To make matters worse, the company soon announced that it was completely grounded again. ?

Soon after, it was reported that AirAsia was closing its business in Japan to cope with the global travel restrictions caused by the 2020 epidemic. It is understood that the sharp drop in the number of passengers is the main reason for the operational difficulties of AirAsia Japan.

Japan AirAsia declared bankruptcy.