Aircraft Demand: Airline Distress & Consolidation   Aircraft Finance & Leasing   Airline Industry & Market Trends   Asia-Pacific (APAC)  
ch-aviation

SriLankan Airlines approved to settle foreign debt, easing immediate financial pressures

SriLankan Airlines has been approved to settle its foreign-currency debt, a move that eases immediate financial pressures and addresses outstanding external obligations. The decision reduces near-term liquidity strain on the national carrier and provides breathing room to manage short-term operational and financing commitments.

2025-12-22T19:23:06.609236-08:00
Aircraft Demand: Airline Distress & Consolidation   Aircraft Finance & Leasing   Airline Industry & Market Trends   Asia-Pacific (APAC)  
ch-aviation • CH-Aviation Staff

Philippine Airlines files for Chapter 11 bankruptcy protection in New York as part of pre-arranged restructuring

By ch-aviation: Philippine Airlines (PR, Manila Ninoy Aquino International) has applied for voluntary pre-arranged restructuring under Chapter 11 in the US Bankruptcy Court for the...

2025-12-22T16:49:20.337571-08:00
North America   Accident   Aviation Safety & Regulation  
Associated Press • Associated Press

At least 5 killed after Mexican Navy plane on medical mission crashes in Texas

By Associated Press: Officials say a small Mexican Navy plane transporting a young medical patient along with seven others has crashed near Galveston.

Also: The Independent and 3 more
2025-12-22T15:48:06.388798-08:00