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FlightGlobal • David Kaminski-Morrow

Croatia Airlines losses double as weak revenue and costly fleet renewal prompt €156m government bailout

Croatia Airlines said full-year losses doubled, blaming weak revenue growth despite stronger passenger traffic and sharply higher costs tied to modernising its fleet. The government approved a €156 million recapitalisation in mid‑December to shore up the carrier as it retires older A320s and reshapes capacity.

2026-03-02T04:26:03.349518-08:00

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Bondholders to vote on plan to cut ~85% of SriLankan Airlines' debt

2026-03-01T20:26:52.693456-08:00

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Hi Air and Korea Express Air plan 2026 relaunch

2026-03-01T17:31:42.250839-08:00

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Frontier Airlines — Operator update: route, fleet and strategic moves

2026-03-01T09:07:22.250239-08:00

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Croatia Airlines losses double as weak revenue and costly fleet renewal prompt €156m government bailout Croatia Airlines said full-year losses doubled, blaming weak revenue growth despite stronger passenger traffic and sharply higher costs tied to modernising its fleet. The government approved a €156 million recapitalisation in mid‑December to shore up the carrier as it retires older A320s and reshapes capacity.

2026-03-02T04:26:03.349518-08:00

Croatia Airlines losses double as weak revenue and costly fleet renewal prompt €156m government bailout

ch-aviation

Bondholders to vote on plan to cut ~85% of SriLankan Airlines' debt Bondholders of SriLankan Airlines will vote on a restructuring plan that would write down roughly 85% of the carrier’s outstanding debt, aiming to stabilise its balance sheet and allow operations to continue. The vote will determine whether the proposed restructuring proceeds.

2026-03-01T20:26:52.693456-08:00

Bondholders to vote on plan to cut ~85% of SriLankan Airlines' debt

ch-aviation

Hi Air and Korea Express Air plan 2026 relaunch South Korean regional carriers Hi Air and Korea Express Air have announced plans to relaunch operations in 2026. Details on timing, fleet and route networks remain limited; their return will alter domestic capacity dynamics and competitive structure in Korea's aviation market.

2026-03-01T17:31:42.250839-08:00

Hi Air and Korea Express Air plan 2026 relaunch

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Frontier Airlines — Operator update: route, fleet and strategic moves Daily operator update compiling Frontier Airlines' recent route-network changes, fleet developments and aircraft-order activity, plus related strategic moves—startups, bankruptcies, mergers and partnerships. It aggregates schedule adjustments, fleet redeployments, delivery notices and transactional developments that directly affect Frontier's capacity and competitive positioning.

2026-03-01T09:07:22.250239-08:00

Frontier Airlines — Operator update: route, fleet and strategic moves

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Spirit Nears Bankruptcy Exit (Again) as Restructuring Reaches Milestone Spirit Airlines said it has completed another significant milestone in its Chapter 11 restructuring, bringing the ultra‑low‑cost carrier closer to exiting bankruptcy again. The announcement marks tangible progress in a process that will shape the airline’s fleet, creditor recoveries and near‑term operational stability.

2026-02-27T11:13:53.499404-08:00

Spirit Nears Bankruptcy Exit (Again) as Restructuring Reaches Milestone

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EFCC tells Lagos court Arik Air diverted company funds to UmzaXpress insurance The Economic and Financial Crimes Commission told a Lagos court that its investigation into alleged fraud at Arik Air found company funds were redirected to UmzaXpress insurance. Prosecutors outlined the financial movements in court as part of formal proceedings into the airline's conduct.

2026-02-27T07:55:58.578755-08:00

EFCC tells Lagos court Arik Air diverted company funds to UmzaXpress insurance

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Angola reinstates plan to privatise national carrier TAAG The Angolan government has reinstated plans to privatise state-owned carrier TAAG Angola Airlines, reversing recent statements from airline management that a sell-off was off the table. Luanda's move restarts preparations to seek private partners for the flag carrier and potentially reshape TAAG's strategic and financial trajectory.

2026-02-27T04:07:01.581786-08:00

Angola reinstates plan to privatise national carrier TAAG

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East African Court to Hear $1.05bn Claim by Supreme Airlines Against South Sudan Government The East African Court of Justice in Arusha, Tanzania, will hear on March 10, 2026 a USD1.05 billion claim by Supreme Airlines against the Government of South Sudan. The carrier alleges the government failed to honour a contractual or financial obligation that forms the basis of the suit.

2026-02-27T00:51:34.824491-08:00

East African Court to Hear $1.05bn Claim by Supreme Airlines Against South Sudan Government

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Aircraft Demand: Airline Distress & Consolidation News

Croatia Airlines losses double as weak revenue and costly fleet renewal prompt €156m government bailout

Bondholders to vote on plan to cut ~85% of SriLankan Airlines' debt

Hi Air and Korea Express Air plan 2026 relaunch

Frontier Airlines — Operator update: route, fleet and strategic moves

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