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

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

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

Skift

American Airlines Sues JetBlue Over Failed Northeast Alliance

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

Aircraft Demand: Airline Distress & Consolidation News Timeline

Aviation Week

European Airlines Weigh Mergers Amid Regulatory Window European carriers are signalling willingness to pursue mergers to enhance scale and competitiveness, contingent on EU antitrust and state-aid approvals adhering to reasonable conditions and timelines. Executives argue that streamlined regulatory processes could catalyse consolidation in a fragmented market.

2025-06-11T14:09:55.531128-07:00

European Airlines Weigh Mergers Amid Regulatory Window

ch-aviation

PLAY Airlines to Close Icelandic AOC, Exit US and Pivot to Europe Under Takeover Bid Icelandic low-cost carrier PLAY will close its Reykjavik-based air operator’s certificate and end U.S. routes by October under a proposed takeover. The airline plans to pivot to point-to-point leisure flights across Europe, downsize operations and wet-lease several Airbus aircraft to other carriers.

2025-06-11T08:32:44.227176-07:00

PLAY Airlines to Close Icelandic AOC, Exit US and Pivot to Europe Under Takeover Bid

Australian Financial Review

Anchorage Capital and Buyout Fund Submit Bids for Insolvent Australian Carrier Rex Regional Express (Rex), the Wagga Wagga–based regional airline placed into administration, has attracted takeover bids from US's Anchorage Capital and a private equity buyout fund. Investment bank Houlihan Lokey canvassed local and international buyers ahead of last week’s bid deadline as creditors weigh their options.

2025-06-10T22:51:48.326897-07:00

Anchorage Capital and Buyout Fund Submit Bids for Insolvent Australian Carrier Rex

wtsp.com

❗️

Silver Airways abruptly halts all flights and ceases operations after restructuring collapse Silver Airways, the Florida-based regional carrier, permanently ceased all flights and network operations on June 11 after its bankruptcy-driven restructuring attempt failed. The airline advised passengers to pursue refunds through credit card issuers or travel agents, marking the end of its turboprop and regional jet services.

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

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

Bloomberg

❗️

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

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

Reuters

❗️

Delta Air Lines Signals Potential Airbus Order Cancellations as US Tariffs Bite Delta Air Lines warned that Trump administration tariffs on imported aircraft and parts could force the carrier to cancel or suspend orders from foreign planemakers — including Airbus — and axe flights serving some 10 million customers a year.

2025-06-05T10:50:22.148789-07:00

Delta Air Lines Signals Potential Airbus Order Cancellations as US Tariffs Bite

ch-aviation

Malta Sells Golden Share in Malta Air to Ryanair’s Gulliver Holding The government of Malta has sold its golden share in Malta Air to Gulliver Holding Limited, a wholly-owned subsidiary of Ryanair Holdings, eliminating state veto rights. The divestment paves the way for full integration of the Maltese carrier under Ryanair’s operational and commercial framework.

2025-06-04T02:51:34.622737-07:00

Malta Sells Golden Share in Malta Air to Ryanair’s Gulliver Holding

ch-aviation

Former Union Bank Director Testifies to $2.3m Arik Air Debt Write-Off in Lagos Court A former Union Bank executive director told a Lagos State Special Offences Court on Wednesday that he authorised the write-off of a USD2.3 million loan owed by Arik Air, shedding light on alleged financial improprieties that compounded Nigeria’s struggling national carrier’s debt burden.

2025-06-02T00:26:53.919882-07:00

Former Union Bank Director Testifies to $2.3m Arik Air Debt Write-Off in Lagos Court

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