Aircraft Demand: Airline Distress & Consolidation News

Runway Girl • Mary Kirby

Spirit Airlines Flags 'Going‑Concern' in SEC Filing as Financial Strains Continue

Spirit Airlines warned of 'going‑concern' doubts in an SEC filing, saying prolonged financial struggles could jeopardize its ability to continue operations. The disclosure underlines persistent pressure on the ultra‑low‑cost carrier's finances and has further dampened morale across the airline.

2025-08-21T03:50:27.155526-07:00

ch-aviation

Portuguese President Signs Decree Launching TAP Air Portugal Privatization

2025-08-11T04:58:15.941602-07:00

Bloomberg

Spirit Airlines' Quick-Fix Bankruptcy Masks Mounting Costs

2025-08-15T11:44:35.970472-07:00

Bloomberg

Qantas Group to Close Jetstar Asia as It Refocuses on ANZ Core Markets

2025-06-10T17:31:50.040559-07:00

Aircraft Demand: Airline Distress & Consolidation News Timeline

Airline Weekly

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Can Spirit Airlines Survive? Assessing the Carrier's Post‑Bankruptcy Viability Months after exiting Chapter 11 in March, Spirit Airlines remains in deep financial trouble, with mounting losses and rapid cash burn raising questions about whether the ULCC can sustain operations. The carrier’s post‑bankruptcy stability is under renewed scrutiny as management evaluates strategic alternatives.

2025-08-28T01:37:52.798851-07:00

Can Spirit Airlines Survive? Assessing the Carrier's Post‑Bankruptcy Viability

ch-aviation

Air Europa asks Turkish Airlines to join its board as Balearic government monitors entry Air Europa has invited Turkish Airlines to join its board as the Turkish carrier moves to take an ownership role, while the Balearic government says it is closely monitoring the entry and seeking guarantees to protect connectivity and jobs on Mallorca.

2025-08-27T00:36:44.052639-07:00

Air Europa asks Turkish Airlines to join its board as Balearic government monitors entry

Runway Girl

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Spirit Airlines Flags 'Going‑Concern' in SEC Filing as Financial Strains Continue Spirit Airlines warned of 'going‑concern' doubts in an SEC filing, saying prolonged financial struggles could jeopardize its ability to continue operations. The disclosure underlines persistent pressure on the ultra‑low‑cost carrier's finances and has further dampened morale across the airline.

2025-08-21T03:50:27.155526-07:00

Spirit Airlines Flags 'Going‑Concern' in SEC Filing as Financial Strains Continue

ch-aviation

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Mango Airlines headed for liquidation after Ubuntu Air withdraws rescue Mango Airlines will be wound down and headed for liquidation after Ubuntu Air, the sole investor in a four‑year business rescue, withdrew from a proposed acquisition. The grounded South African low‑cost carrier — a former South African Airways unit — will cease operations after rescue plans collapsed.

2025-08-19T00:51:00.387270-07:00

Mango Airlines headed for liquidation after Ubuntu Air withdraws rescue

Bloomberg

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Spirit Airlines' Quick-Fix Bankruptcy Masks Mounting Costs On its first day in bankruptcy court last November, Spirit Airlines assured employees, customers and creditors that nothing would change for 99.9% of stakeholders. Yet the carrier has been hit by higher-than-anticipated restructuring expenses and rising operational costs that threaten its turnaround.

2025-08-15T11:44:35.970472-07:00

Spirit Airlines' Quick-Fix Bankruptcy Masks Mounting Costs

ch-aviation

Brazil’s Azul secures AerCap Chapter 11 agreement

2025-08-15T10:30:38.745651-07:00

Brazil’s Azul secures AerCap Chapter 11

AeroTime

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Portugal launches reprivatization of TAP Air Portugal, offers up to 49.9% stake as Lufthansa shows interest Portugal’s president has formally approved legislation to reprivatize TAP Air Portugal, authorizing the sale of up to 49.9% of the carrier. The government has invited suitors to bid in the long-delayed process, with Lufthansa already signaling its interest in a minority stake.

2025-08-13T01:21:26.517213-07:00

Portugal launches reprivatization of TAP Air Portugal, offers up to 49.9% stake as Lufthansa shows interest

ch-aviation

South African Airways Appoints New Board as Turnaround Gains Momentum South African Airways has appointed a new board as it continues to stabilise operations and implement its post-business rescue turnaround plan, marking a fresh governance phase in its ongoing recovery. It follows last year’s net loss and aims to bolster oversight and drive profitability.

2025-08-12T23:25:15.136732-07:00

South African Airways Appoints New Board as Turnaround Gains Momentum

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