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Korean Air to complete Asiana takeover in 2Q26 after move to buy remaining 36.1%

Korean Air plans to propose a shareholder resolution to buy the remaining 36.1% stake in Asiana Airlines and expects to complete the takeover in 2Q26. The move will give Korean Air full ownership of Asiana, enabling integration decisions across operations and fleet.

2026-03-31T16:10:41.080963-07:00

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Lithuania's Avion Express to return 15 aircraft

2026-03-31T21:01:16.694815-07:00

ch-aviation

Yakutia Airlines' airport debt persists despite settlement efforts

2026-03-31T18:55:21.758144-07:00

ch-aviation

Caribbean Airlines seeks government financial rescue

2026-03-31T11:50:42.908713-07:00

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ch-aviation

Lithuania's Avion Express to return 15 aircraft Ch-aviation reports Lithuania-based ACMI and charter operator Avion Express will return 15 aircraft. The decision immediately reduces deployable wet-lease capacity across Europe from a prominent ACMI supplier and removes aircraft availability in the short-term market for carriers seeking wet-lease support.

2026-03-31T21:01:16.694815-07:00

Lithuania's Avion Express to return 15 aircraft

ch-aviation

Yakutia Airlines' airport debt persists despite settlement efforts Yakutia Airlines continues to carry outstanding airport debts despite attempts to negotiate settlements with airport partners. The unresolved obligations remain in place and have not been eliminated through recent settlement efforts, prolonging financial uncertainty around the carrier's relationships with airport operators.

2026-03-31T18:55:21.758144-07:00

Yakutia Airlines' airport debt persists despite settlement efforts

ch-aviation

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Korean Air to complete Asiana takeover in 2Q26 after move to buy remaining 36.1% Korean Air plans to propose a shareholder resolution to buy the remaining 36.1% stake in Asiana Airlines and expects to complete the takeover in 2Q26. The move will give Korean Air full ownership of Asiana, enabling integration decisions across operations and fleet.

2026-03-31T16:10:41.080963-07:00

Korean Air to complete Asiana takeover in 2Q26 after move to buy remaining 36.1%

ch-aviation

Caribbean Airlines seeks government financial rescue Caribbean Airlines has formally requested a new government financial rescue, citing mounting fiscal pressures and operational strains, ch-aviation reports. The appeal signals escalating distress at the state-owned carrier and raises prospects of public intervention to preserve routes and connectivity across the region.

2026-03-31T11:50:42.908713-07:00

Caribbean Airlines seeks government financial rescue

ch-aviation

Fiji Airways reduces state-backed debt to $162 million Fiji Airways has reduced its state‑backed debt to $162 million, the carrier said, lowering the amount of government‑guaranteed obligations on its balance sheet. The adjustment will be a focal metric for creditors, lessors and policymakers monitoring the airline’s financial position and exposure.

2026-03-30T15:41:06.822136-07:00

Fiji Airways reduces state-backed debt to $162 million

ch-aviation

Azul approves reverse stock split amid share‑price pressure Azul approved a reverse stock split to address sustained share‑price pressure, consolidating outstanding shares to raise the market price per share and improve trading dynamics. The corporate action is intended to stabilize the airline’s equity while management monitors investor response.

2026-03-30T08:15:39.241732-07:00

Azul approves reverse stock split amid share‑price pressure

FlightGlobal

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China Southern returns to profit in 2025 as Air China posts wider losses; Shandong to lease 10 Boeing 737s China Southern reported a 2025 net profit of CNY857 million — its first annual profit since 2019 — credited to operational improvements and tighter cost control. Meanwhile Air China posted a wider 2025 net loss and Shandong Airlines will lease 10 Boeing 737-family aircraft with deliveries from 2026.

2026-03-30T05:16:06.009796-07:00

China Southern returns to profit in 2025 as Air China posts wider losses; Shandong to lease 10 Boeing 737s

Cranky Flier

Spirit Airlines' Dec–Jan operating reports show improvement after November slump Spirit Airlines finally published December and January monthly operating reports after a three‑month gap following November's weak figures. The numbers show operational performance improved versus November, though results remain weak and the carrier cautioned that challenges persist and downside risks could return.

2026-03-30T03:58:09.923566-07:00

Spirit Airlines' Dec–Jan operating reports show improvement after November slump

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Aircraft Demand: Airline Distress & Consolidation News

Korean Air to complete Asiana takeover in 2Q26 after move to buy remaining 36.1%

Lithuania's Avion Express to return 15 aircraft

Yakutia Airlines' airport debt persists despite settlement efforts

Caribbean Airlines seeks government financial rescue

News Timeline