“飞一天亏一天”？ 幸福航空假期前突传停航消息

Core Viewpoint - Happiness Airlines has announced a temporary suspension of flights due to ongoing operational difficulties and financial challenges, with a significant reduction in flight operations and a high debt-to-asset ratio [1][4][6]. Group 1: Flight Operations - As of April 28, all planned flights by Happiness Airlines have been canceled, with a reported 2,142 domestic flights executed in 2025, representing a 30% year-on-year decline and a 77% decrease compared to 2019 [3]. - The company has only a few operational aircraft, with reports indicating that only 3 aircraft are currently in service, while many others remain idle [4][6]. - The company has been operating at a loss, with previous flights not covering operational costs, leading to a situation where the company is effectively "losing money flying" [6]. Group 2: Financial and Legal Issues - Happiness Airlines has a debt-to-asset ratio exceeding 200%, indicating severe financial strain [1]. - The company is facing 238 legal cases, with 125 related to labor disputes, and has been subject to restrictions on high consumption due to failure to meet financial obligations [7]. - There have been reports of unpaid wages and social security contributions, leading to arbitration requests from former employees [6][7]. Group 3: Company Background - Founded in 2008, Happiness Airlines was restructured in 2018, with the Xi'an Aerospace Investment Co., Ltd. becoming the controlling shareholder [5]. - The airline operates a fleet of 25 domestically produced aircraft and 5 Boeing 737-800s, with over 1,000 employees and more than 40 routes [5].