Aircraft Demand: Airline Distress & Consolidation News

Reuters • Canan Sevgili

Turkish Airlines Opens Non-Binding Talks for Minority Stake in Air Europa

Turkish Airlines has confirmed it is holding non-binding discussions with Globalia to explore a minority investment in Spanish carrier Air Europa, seeking to assess partnership synergies and bolster its footprint amid ongoing European airline consolidation.

2025-06-23T17:19:15.476063-07:00

Bloomberg

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

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

wtsp.com

Silver Airways abruptly halts all flights and ceases operations after restructuring collapse

2025-06-10T22:46:01.807083-07:00

Reuters

Azul Files for Chapter 11 Bankruptcy to Halve Debt While Maintaining Operations

2025-05-28T03:50:51.885812-07:00

Aircraft Demand: Airline Distress & Consolidation News Timeline

Aviation Week

Danantara Pumps $405M into Garuda Indonesia to Avert Further Jet Groundings Garuda Indonesia has received a $405 million shareholder loan from sovereign wealth fund Danantara via its subsidiary Danantara Asset Management, bolstering the carrier’s liquidity as it works to repair its balance sheet and avoid further operational disruptions.

2025-06-25T02:59:28.628965-07:00

Danantara Pumps $405M into Garuda Indonesia to Avert Further Jet Groundings

ch-aviation

South African court blocks Mango Airlines restart A South African court has granted an interim order halting Mango Airlines’ business rescue plan, delaying its planned relaunch of domestic services. Creditors challenged the restructuring proposal, raising fresh legal hurdles for the carrier’s emergence from insolvency and casting doubt on its recovery timeline.

2025-06-24T10:12:29.718348-07:00

South African court blocks Mango Airlines restart

Reuters

❗️

Turkish Airlines Opens Non-Binding Talks for Minority Stake in Air Europa Turkish Airlines has confirmed it is holding non-binding discussions with Globalia to explore a minority investment in Spanish carrier Air Europa, seeking to assess partnership synergies and bolster its footprint amid ongoing European airline consolidation.

2025-06-23T17:19:15.476063-07:00

Turkish Airlines Opens Non-Binding Talks for Minority Stake in Air Europa

ch-aviation

❗️

US court finalises Silver Airways liquidation, ending restructuring efforts The US Bankruptcy Court has approved the final liquidation of Florida-based Silver Airways, formally closing its Chapter 11 case and ending restructuring efforts for the regional carrier. Silver, which ceased flights on June 11, will now proceed with winding down its assets under court supervision.

2025-06-23T14:24:09.868960-07:00

US court finalises Silver Airways liquidation, ending restructuring efforts

ch-aviation

Air Algérie to Absorb Tassili Airlines in Strategic Consolidation Air Algérie has announced plans to absorb its subsidiary Tassili Airlines into its mainline operations, aiming to streamline fleets, cut costs and unify domestic and regional networks under a single carrier.

2025-06-23T08:33:49.413690-07:00

Air Algérie to Absorb Tassili Airlines in Strategic Consolidation

ch-aviation

❗️

Administrators Win Extension as Multiple Bidders Eye Insolvent Regional Express Administrators of insolvent regional airline Rex have secured a court-approved extension to advance sale talks, attracting bids from domestic and international investors. The extra runway of time comes as creditors evaluate restructuring proposals and potential acquirers weigh valuation risks for Australia’s largest independent regional carrier.

2025-06-19T06:26:57.060403-07:00

Administrators Win Extension as Multiple Bidders Eye Insolvent Regional Express

Bloomberg

❗️

Pakistan Receives Five Bids for PIA Sale, Including Military-Backed Consortium Pakistan’s Privatisation Ministry said it has received expressions of interest from five consortia, including domestic carrier Airblue Ltd., high-profile business groups led by Muhammad Ali Tabba and Arif Habib, and a military-backed firm, for a majority stake in loss-making Pakistan International Airlines, advancing its third privatisation attempt.

2025-06-19T03:14:44.424125-07:00

Pakistan Receives Five Bids for PIA Sale, Including Military-Backed Consortium

Reuters

❗️

Southeast Asia’s Low-Cost Carriers Ramp Up Capacity Despite Profit Pressures Major Southeast Asian budget airlines are locked in a capacity expansion battle, adding seats and routes even as rising fuel and operating costs compress margins. The aggressive growth has already forced Qantas to shutter Singapore-based Jetstar Asia, underscoring the risks of overexpansion under tight profitability.

2025-06-18T18:55:12.516661-07:00

Southeast Asia’s Low-Cost Carriers Ramp Up Capacity Despite Profit Pressures

Create a free account to see more recent Aircraft Demand: Airline Distress & Consolidation stories.