Aircraft Demand: Airline Distress & Consolidation   Aircraft Finance & Leasing   Airline Industry & Market Trends   Airlines  
ch-aviation

Azul updates Chapter 11 restructuring plan

Azul Linhas Aéreas has filed an update to its Chapter 11 restructuring plan in US bankruptcy proceedings, signalling material changes to the airline’s reorganisation path. The amended filing revises the company’s previously disclosed restructuring framework as it advances through Chapter 11.

2026-01-22T08:56:42.966754-08:00
MRO   Aerial Firefighting   Helicopter   Europe  
NEW
Vertical Mag

Avincis: A European helicopter superpower

By Vertical Mag: From firefighting to air medical and search-and-rescue operations, Avincis provides its emergency aerial services across Europe — and beyond. Already a continental heavyweight and under new leadership, it is now aiming to be a world leader.

2026-01-22T09:27:21.423546-08:00
North America   Aircraft Demand: Airline Distress & Consolidation   Workforce & Skills Development   Airlines  
Business Wire • Hugh Pouliot

Porter Airlines to close cabin-crew bases in Halifax and Thunder Bay; union objects

By Business Wire: CUPE 4061, the union representing over 1,250 cabin crew at Porter Airlines, is deeply disappointed and disheartened by the announcement that Porter Airlines ...

2026-01-21T10:39:46.953470-08:00
M&A   Aircraft Demand: Airline Distress & Consolidation   Aircraft Finance & Leasing   Airlines   Spirit Airlines  
CNBC • Leslie Josephs

Spirit Airlines in takeover talks with Castlelake amid Chapter 11 bankruptcy

By CNBC: Spirit Airlines is in talks with investment firm Castlelake for a potential takeover of the discount airline, which is in bankruptcy, CNBC has learned.

Also: Reuters and Fox Business
2026-01-22T05:38:37.531960-08:00