Aircraft Demand: Airline Distress & Consolidation News

Bloomberg • Angus Whitley

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

Qantas Group will close Jetstar Asia, its Singapore-based low-cost carrier, by end-July, citing rising supplier costs, hefty airport fees and intense regional competition. The move forms part of a strategic restructure to concentrate on its Australia and New Zealand core markets and bolster profitability amid market headwinds.

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

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

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

Skift

American Airlines Sues JetBlue Over Failed Northeast Alliance

2025-04-29T03:54:09.383128-07:00

Aircraft Demand: Airline Distress & Consolidation News Timeline

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Abra Group in talks to acquire majority stake in Chile’s SKY Airline As part of a four-year mutual benefit agreement, Abra Group has opened formal talks to acquire a majority stake in Chile’s SKY Airline by converting a US$100 million bond issued in November 2021 into equity. The deal could restructure SKY’s balance sheet amid intensifying South American low-cost carrier competition.

2025-07-08T12:12:22.521740-07:00

Abra Group in talks to acquire majority stake in Chile’s SKY Airline

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New owner weighs equity infusion to bolster T’way Air’s finances T’way Air’s new owner is considering a capital injection to strengthen the South Korean low-cost carrier’s balance sheet and support its strategic initiatives.

2025-07-02T21:18:04.755864-07:00

New owner weighs equity infusion to bolster T’way Air’s finances

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Flybondi Faces Winding-Up Petition in London High Court Argentina’s ultra-low-cost carrier Flybondi is facing a winding-up contest in the London High Court after creditors moved to liquidate its UK arm over unpaid debts. The legal challenge casts doubt on Flybondi’s fleet financing, route expansion and broader recovery plan.

2025-07-02T11:05:07.641005-07:00

Flybondi Faces Winding-Up Petition in London High Court

Airline Geeks

Argentum Airways to Relaunch Silver Airways’ Florida, Bahamas and Alaska Network After Silver Airways ceased operations and headed into Chapter 11 bankruptcy amid unpaid fees, private equity-backed Argentum Airways has acquired its turboprop and regional jet fleet and plans to relaunch scheduled services between Florida, the Bahamas and Alaska under its new brand this summer.

2025-07-01T07:14:58.276134-07:00

Argentum Airways to Relaunch Silver Airways’ Florida, Bahamas and Alaska Network

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

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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

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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

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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

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