Europe   Aircraft Demand: Airline Distress & Consolidation   Airlines  
ch-aviation

Turkish court overturns Onur Air bankruptcy ruling, clearing path to revival

A Turkish court has overturned a prior bankruptcy ruling for Onur Air, opening a legal path for the carrier’s revival. The decision restores the possibility of restructuring, investor engagement and an operational restart under Turkish insolvency procedures, with timelines and outcomes still to be determined.

2026-03-04T23:26:41.710729-08:00
Air Cargo & Freight Logistics   Middle East   Supply Chain   Airline Industry & Market Trends   Airport Infrastructure & Air Traffic Management   Geopolitical Developments & Conflict Impact   Asia-Pacific (APAC)   Airlines  
CNBC • Priyanka Salve

Middle East conflict threatens over $50bn in remittances to India — fallout for energy and airlines

By CNBC: India can't seem to escape from the fallout of the escalating conflict in the Middle East. After energy and aviation, remittances could be the latest worry.

Also: Reuters, al-monitor.com, South China Morning Post and Daily Sabah
2026-03-04T20:11:45.986080-08:00
ATC   Middle East   Airline Industry & Market Trends   Geopolitical Developments & Conflict Impact   Airlines  
Reuters • Julie Zhu

Airline shares recover as limited Middle East services resume after U.S.-Israeli strikes

By Reuters: Airline shares rebounded on Thursday as more flights took off from the Middle East, providing some reprieve for carriers after U.S.-Israeli strikes on Iran wiped billions of dollars off their market value earlier in the week.

2026-03-04T19:57:08.625450-08:00