文 | 《BUG》栏目组 刘丽丽 幸福航空"停航"近一个月。航司表示，目前还没有接到航线恢复通知。内部员工则透露， 公司已经明确再一次延长停航到 10 月 25 日，首批轮岗上班名单已经出台，初步名单是 159 人，还要报控股股东西安航空航天投资公司审核。 谁能接盘幸福航空成为业内热议的话题。有消息称，幸福航空大股东西安国资方面曾在内部 透露，正在为幸福航空寻找战投，谈妥后将复航，时间最快为 3 个月，最慢要到今年年 底。 西安市国资委、幸福航空控股股东西安航空航天投资公司内部人士告诉新浪财经，有意向的 投资人不方便说，以内部会议的宣贯和解答为准。 在业内看来，幸福航空持有牌照，该牌照是它的"护身符"。一位幸福航空飞行员表示，民 航大型飞机公共航空运输承运人牌照价格昂贵，可达十几亿元。 同时，幸福航空的相关诉讼信息却在不断增加。查询发现，从停航至今，幸福航空已新增 6 条被执行人信息，其中 4 条是劳动仲裁和劳动争议相关。 工资缩水 全员等待"接盘侠" 5 月中旬，幸福航空管理层与控股股东西安航空航天投资股份有限公司（下称"西安航 投"）高管，就幸福航空最新情况及下一步计划，与包括飞行员在内的员工进行了沟通交 ...

Core Viewpoint - Happiness Airlines is facing a severe financial crisis characterized by flight suspensions, unpaid wages, and overwhelming debt, primarily due to strategic missteps in its operational choices and external economic pressures [1][3][5]. Financial Crisis Background - Since 2022, the company has experienced significant challenges, reducing its fleet from over 20 aircraft to a much smaller number, leading to confusion and distress among employees [4]. - Happiness Airlines is currently the largest and only commercial operator of the domestically produced Xinzhou 60 aircraft, with a fleet of 25 Xinzhou 60s and 5 Boeing 737-800s, employing over 1,000 staff and operating over 40 routes [5][16]. - The management acknowledged that the company's deviation from its original strategy of focusing on the Xinzhou 60 aircraft has led to a tight cash flow situation and the current financial difficulties [5]. Debt Situation - The company has over 5 billion yuan in external debts, with more than 3 billion yuan owed to AVIC and the government [6]. - Recent tax announcements indicate a total tax debt of approximately 1.928 million yuan, with ongoing legal actions against the company, including multiple instances of being listed as an enforcement target [6][13]. Employee Concerns - Employees are primarily concerned about the timeline for wage payments, with management indicating that on-site staff would receive a prepayment of 6,000 yuan per month, while remote workers would receive 2,160 yuan, which many employees find insufficient for basic living expenses [8][9]. - Reports indicate that some employees have been unpaid for over a year, leading many to seek alternative sources of income [9][10]. Strategic Investment (War Investment) - The management has emphasized that the only viable path to recovery is through the introduction of strategic investors, which is currently being pursued with a government task force aiming to resolve this within three months [12][13]. - If successful, the funds from strategic investors would first address employee wage arrears before being allocated to resuming flight operations [12]. Operational Status - The timeline for resuming flights remains uncertain, contingent on the successful acquisition of strategic investment [16]. - Despite the suspension of operations, the company continues to function internally, with management stressing the importance of the upcoming months for the company's future [19].

Core Viewpoint - The primary concerns of employees at Happy Airlines include the timeline for resuming flights, the progress of strategic investment introductions, and the delays in salary and social security payments [1][2][4]. Salary Issues - Employees are facing significant financial difficulties due to unpaid salaries, with some reporting delays of over a year. Many have resorted to alternative jobs to make ends meet [6][8]. - Management indicated that salaries for on-duty personnel would be pre-paid at 6,000 yuan per month, while those working from home would receive 2,160 yuan per month, with the intention to normalize payments post-restructuring [6][8]. Strategic Investment - A government task force has been established to facilitate the introduction of strategic investors, with a target to resolve this within three months. The funds from potential investors would first address employee salary arrears before resuming flight operations [8][12]. - Happy Airlines is currently seeking to stabilize its operations and is reliant on the successful introduction of strategic investors to overcome its financial challenges [8][12]. Flight Resumption - The timeline for resuming flight operations remains uncertain and is contingent upon the arrival of strategic investments. Management has stated that a decision on resuming flights will be made after securing these investments [10][12]. - Happy Airlines operates a fleet that includes 25 domestically produced Xinjou 60 aircraft and 5 Boeing 737-800 aircraft, positioning itself as a significant player in the domestic aviation market [10][12].