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Aviation Week • Helen Massy-Beresford

EU extends divestment deadlines for TAP Air Portugal and SATA tied to pandemic-era restructuring aid

The European Commission has granted additional time for TAP Air Portugal and SATA to complete divestments mandated as conditions of pandemic-era restructuring aid, extending compliance deadlines as Lisbon advances privatisation plans. Brussels' decision preserves the carriers' restructuring frameworks while postponing enforcement of asset sales.

2026-01-06T06:02:40.415274-08:00

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Havana Air files Chapter 11, blames Trump administration and rival GlobalX

2026-01-05T09:21:22.569301-08:00

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PIA to restart Islamabad–London nonstop on March 29, 2026 as government urged to approve carrier sale

2026-01-04T22:33:52.522911-08:00

Skift

2025 Airline Roundup: Layoffs, Bankruptcies, Failed Mergers and the Rise of AI Pricing

2026-01-04T03:30:02.529300-08:00

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Aviation Week

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EU extends divestment deadlines for TAP Air Portugal and SATA tied to pandemic-era restructuring aid The European Commission has granted additional time for TAP Air Portugal and SATA to complete divestments mandated as conditions of pandemic-era restructuring aid, extending compliance deadlines as Lisbon advances privatisation plans. Brussels' decision preserves the carriers' restructuring frameworks while postponing enforcement of asset sales.

2026-01-06T06:02:40.415274-08:00

EU extends divestment deadlines for TAP Air Portugal and SATA tied to pandemic-era restructuring aid

Aviation Week

Russia's air passenger traffic falls in 2025 — first decline since 2022 market exit Russian airlines carried 108.6 million passengers in 2025, a year‑on‑year decline and the first drop since Russia lost access to Western markets, aircraft and technologies in 2022. The reduction highlights weakening demand and growing operational constraints for carriers operating under sanctions and supply limits.

2026-01-06T03:33:26.927234-08:00

Russia's air passenger traffic falls in 2025 — first decline since 2022 market exit

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Havana Air files Chapter 11, blames Trump administration and rival GlobalX Havana Air has filed for Chapter 11 bankruptcy in the United States, attributing its collapse to actions by the Trump administration and competitive pressure from rival carrier GlobalX. The filing begins a court-supervised restructuring that will determine the airline’s operational and financial future.

2026-01-05T09:21:22.569301-08:00

Havana Air files Chapter 11, blames Trump administration and rival GlobalX

ch-aviation

PIA to restart Islamabad–London nonstop on March 29, 2026 as government urged to approve carrier sale Pakistan International Airlines will resume direct Islamabad–London flights on March 29, 2026, the carrier announced, while officials press the government to approve a planned sale of the national airline. The relaunch follows PIA’s recent return to UK services and sits within a wider privatisation push.

2026-01-04T22:33:52.522911-08:00

PIA to restart Islamabad–London nonstop on March 29, 2026 as government urged to approve carrier sale

Skift

2025 Airline Roundup: Layoffs, Bankruptcies, Failed Mergers and the Rise of AI Pricing Airlines in 2025 faced sweeping restructuring — mass layoffs, multiple Chapter 11 filings and a string of collapsed merger talks — even as carriers experimented with AI-driven pricing tools and drew scrutiny from Congress. This year’s turbulence reshaped network plans, labor costs and strategic M&A calculus across the industry.

2026-01-04T03:30:02.529300-08:00

2025 Airline Roundup: Layoffs, Bankruptcies, Failed Mergers and the Rise of AI Pricing

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Brazil clears United's $100M investment in Azul, raising stake to ~8% in Chapter 11 rescue Brazil's antitrust regulator CADE approved United Airlines' $100 million investment in Azul, increasing United's stake to about 8% without restrictions. The cash injection is part of Azul's U.S. Chapter 11 restructuring and supports the carrier's broader recapitalization, fleet and debt rebalancing plans.

2026-01-02T04:44:39.092835-08:00

Brazil clears United's $100M investment in Azul, raising stake to ~8% in Chapter 11 rescue

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India approves $35M payout to former Kingfisher Airlines staff India has approved a $35 million compensation payout to former Kingfisher Airlines staff, authorizing distribution of funds to ex‑employees. The government decision moves a long‑running settlement process into a final phase and opens the way for payments to eligible former staff.

2026-01-01T20:34:15.295185-08:00

India approves $35M payout to former Kingfisher Airlines staff

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Capital A pushes restructuring to early Q1 2026, prolonging uncertainty for AirAsia X and creditors Capital A has postponed its planned restructuring until early Q1 2026, extending uncertainty around the previously announced consolidation with AirAsia X and delaying creditor resolution. The delay prolongs questions over timing of asset transfers, regulatory approvals and debt-restructuring that underpin the group's recovery plans.

2026-01-01T16:22:30.090483-08:00

Capital A pushes restructuring to early Q1 2026, prolonging uncertainty for AirAsia X and creditors

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Aircraft Demand: Airline Distress & Consolidation News

EU extends divestment deadlines for TAP Air Portugal and SATA tied to pandemic-era restructuring aid

Havana Air files Chapter 11, blames Trump administration and rival GlobalX

PIA to restart Islamabad–London nonstop on March 29, 2026 as government urged to approve carrier sale

2025 Airline Roundup: Layoffs, Bankruptcies, Failed Mergers and the Rise of AI Pricing

News Timeline