Aircraft Demand: Airline Distress & Consolidation News

news.bgov.com • Allyson Versprille

Shutdown imperils Essential Air Service — 100+ rural communities face loss of flights

The U.S. Department of Transportation will suspend Essential Air Service payments if the government shutdown continues, risking air service for more than 100 rural communities and threatening DOT‑subsidized routes and regional carriers; DOT warned funding could lapse as soon as Oct. 12.

2025-10-06T11:25:03.107383-07:00

Reuters

Spirit to Reject 87 Leases, Retire Nearly Half Its All‑Airbus Fleet in Chapter 11

2025-10-03T11:36:15.471560-07:00

AeroTime

Iceland’s PLAY collapses, suspends operations and declares bankruptcy; ~400 jobs lost, fleet to be reallocated

2025-09-29T02:54:13.066931-07:00

Aviacionline

Braathens International files for bankruptcy, grounds Airbus fleet

2025-09-29T17:48:12.135524-07:00

Aircraft Demand: Airline Distress & Consolidation News Timeline

ch-aviation

Iceland blocks aircraft deregistration over outstanding debts, complicating lessor repossessions Iceland has blocked deregistration of aircraft that carry outstanding debts, a regulatory move that directly obstructs lessors' ability to repossess assets and enforce lease remedies. The measure introduces uncertainty around recovery timelines and legal enforceability for aircraft on the Icelandic registry.

2025-10-07T07:14:52.290508-07:00

Iceland blocks aircraft deregistration over outstanding debts, complicating lessor repossessions

ch-aviation

South African Airways misses statutory deadline to file 2024/25 financial statements with Parliament South African Airways has missed the statutory deadline to submit its 2024/25 annual financial statements to Parliament, the carrier said, citing delays. The omission leaves the airline out of compliance with required reporting timelines and provides no revised submission date.

2025-10-07T03:31:18.508496-07:00

South African Airways misses statutory deadline to file 2024/25 financial statements with Parliament

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Braathens Regional Airlines and subsidiary enter financial reorganisation at Stockholm Arlanda Braathens Regional Airlines (BRA) and its subsidiary Braathens Regional Airways have entered financial reorganisation at Stockholm Arlanda, formally commencing a restructuring process that places the group's Arlanda-based operations under review and establishes a legal framework for addressing their liabilities.

2025-10-07T01:23:13.330446-07:00

Braathens Regional Airlines and subsidiary enter financial reorganisation at Stockholm Arlanda

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Kuwait Airways writes off $980m of accumulated losses amid financial restructuring Kuwait Airways has written off $980 million of accumulated losses as part of a financial restructuring, the carrier said. The one-off write-down removes almost $1bn of historical red ink from its books as the airline implements broader measures to stabilise its finances.

2025-10-06T22:32:52.373809-07:00

Kuwait Airways writes off $980m of accumulated losses amid financial restructuring

news.bgov.com

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Shutdown imperils Essential Air Service — 100+ rural communities face loss of flights The U.S. Department of Transportation will suspend Essential Air Service payments if the government shutdown continues, risking air service for more than 100 rural communities and threatening DOT‑subsidized routes and regional carriers; DOT warned funding could lapse as soon as Oct. 12.

2025-10-06T11:25:03.107383-07:00

Shutdown imperils Essential Air Service — 100+ rural communities face loss of flights

FlightGlobal

Tarmac Aerosave dismantles four ex Go First A320neos for AerFin Tarmac Aerosave has dismantled and recycled four ex Go First Airbus A320neos owned by parts trader AerFin, extracting spares and materials under a new contract. AerFin and Tarmac plan further A320neo recycle projects for the client through late 2025, with more aircraft expected to follow.

2025-10-06T03:24:25.676829-07:00

Tarmac Aerosave dismantles four ex Go First A320neos for AerFin

ch-aviation

Pakistan CAA suspends Serene Air's AOC, grounds carrier after fleet deemed inoperative Pakistan's Civil Aviation Authority has suspended Serene Air's air operator certificate and grounded the Islamabad-based carrier after regulators found its fleet inoperative, leaving the airline unable to meet safety and operational requirements. The action immediately halts Serene's scheduled services and wet-lease operations.

2025-10-05T22:08:10.473711-07:00

Pakistan CAA suspends Serene Air's AOC, grounds carrier after fleet deemed inoperative

ch-aviation

SpiceJet to Convert Aircraft Leasing Debt into Lessor Equity SpiceJet will issue equity to aircraft lessors to settle outstanding leasing debts, converting creditor claims into ownership stakes as part of a debt-restructuring move aimed at resolving disputes with lessors and restoring operations.

2025-10-05T20:38:20.990523-07:00

SpiceJet to Convert Aircraft Leasing Debt into Lessor Equity

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