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BloombergDrake Bennett, Sri Taylor

Spirit Airlines’ Final Unwind: What Happens When the Ultra-Low-Cost Carrier Dies?

A behind-the-scenes account follows the small team tasked with dismantling Spirit Airlines, tracing how an airline’s operations, assets and corporate structure are unwound after its failure. The episode offers a rare view of the practical mechanics—and consequences—of airline liquidation.

2026-09-04T05:07:25.156712-07:00
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BloombergAnusha Ondaatjie, Asantha Sirimanne

Rajapaksa’s Son Remanded in Custody in Sri Lanka Airbus Probe

By Bloomberg: Former Sri Lankan strongman Mahinda Rajapaksa’s eldest son was remanded in custody after being arrested earlier Friday by the island’s anti-graft body probing an Airbus SE aircraft purchase by the national carrier.

Also: Reuters, Economic Times and CNA
2026-09-04T06:36:42.797468-07:00
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ReutersAbhijith Ganapavaram

Air India A320 issued stall warning when seatbelt signs off, injuring 24, investigators say

By Reuters: An Air India A320 flying from Phuket to New Delhi last month issued a stall warning when ‌seatbelt signs were off, while a rapid pitch up and then down threw passengers and cabin crew against overhead bins and injured 24 people, Indian investigators said.

2026-09-04T01:05:36.470290-07:00
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FlightGlobalKerry Reals

Air France-KLM moves chief operating officer across to lead Transavia

By FlightGlobal: Oltion Carkaxhija will focus on “reinforcing” Transavia’s position in the intra-European market. Air France-KLM Group chief operating officer Oltion Carkaxhija has been appointed chief executive of low-cost unit Transavia, as part of a management reshuffle.

2026-09-04T07:05:22.573046-07:00
BloombergAaron Weinman, Hannah Webster, Stella Mackler

Soaring Jet Fuel Prices Cool Investor Appetite for Airline Bonds

By Bloomberg: As the US-Iran battle escalates, surging jet fuel prices are driving up borrowing costs for airlines, further dimming the prospects for smaller American carriers.

2026-09-04T04:51:05.131298-07:00