Aircraft Demand: Airline Distress & Consolidation News

Paddle Your Own Kanoo • Mateusz Maszczynski

Spirit Airlines Warns It Could Collapse Within a Year, Urges Flight Attendants to Check Finances

Just five months after emerging from Chapter 11, Spirit Airlines warned in its latest SEC filing that it may not remain solvent over the next year without additional capital or improved demand, and urged flight attendants to take stock of their personal finances amid the carrier’s dire outlook.

2025-08-13T00:36:40.225194-07:00

ch-aviation

Portuguese President Signs Decree Launching TAP Air Portugal Privatization

2025-08-11T04:58:15.941602-07:00

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

Aircraft Demand: Airline Distress & Consolidation News Timeline

AeroTime

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Portugal launches reprivatization of TAP Air Portugal, offers up to 49.9% stake as Lufthansa shows interest Portugal’s president has formally approved legislation to reprivatize TAP Air Portugal, authorizing the sale of up to 49.9% of the carrier. The government has invited suitors to bid in the long-delayed process, with Lufthansa already signaling its interest in a minority stake.

2025-08-13T01:21:26.517213-07:00

Portugal launches reprivatization of TAP Air Portugal, offers up to 49.9% stake as Lufthansa shows interest

Paddle Your Own Kanoo

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Spirit Airlines Warns It Could Collapse Within a Year, Urges Flight Attendants to Check Finances Just five months after emerging from Chapter 11, Spirit Airlines warned in its latest SEC filing that it may not remain solvent over the next year without additional capital or improved demand, and urged flight attendants to take stock of their personal finances amid the carrier’s dire outlook.

2025-08-13T00:36:40.225194-07:00

Spirit Airlines Warns It Could Collapse Within a Year, Urges Flight Attendants to Check Finances

ch-aviation

South African Airways Appoints New Board as Turnaround Gains Momentum South African Airways has appointed a new board as it continues to stabilise operations and implement its post-business rescue turnaround plan, marking a fresh governance phase in its ongoing recovery. It follows last year’s net loss and aims to bolster oversight and drive profitability.

2025-08-12T23:25:15.136732-07:00

South African Airways Appoints New Board as Turnaround Gains Momentum

ch-aviation

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Turkish Airlines bids €275M ($320M) for 26–27% of Air Europa Turkish Airlines has submitted a binding offer of €275 million (USD 320 million) to acquire a 26–27% stake in Spain’s Air Europa, advancing from preliminary discussions to a firm bid for equity in the leisure carrier.

2025-08-12T05:44:02.691445-07:00

Turkish Airlines bids €275M ($320M) for 26–27% of Air Europa

Reuters

German Aviation Lobby Calls for Overhaul of Taxes and Fees Amid Sluggish Recovery Germany’s aviation lobby group BDL has warned that state levies and charges are dragging the sector into stagnation, with first-half passenger volumes at just 99.4 million — 15.8% below 2019 levels — and growth slowing to 2.8%. BDL is demanding sweeping policy and cost-structure reforms to halt airline withdrawal from German airports and restore post-pandemic competitiveness.

2025-08-11T17:08:14.997031-07:00

German Aviation Lobby Calls for Overhaul of Taxes and Fees Amid Sluggish Recovery

ch-aviation

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Lisbon Declares Insolvency of TAP’s Former Holding Company Portugal’s government has declared insolvency for the holding company that previously owned TAP Air Portugal, marking a legal end to the pre-restructuring corporate vehicle created before the state bailout. The court ruling isolates legacy liabilities as the carrier now operates under a streamlined structure.

2025-08-11T06:28:07.579524-07:00

Lisbon Declares Insolvency of TAP’s Former Holding Company

ch-aviation

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Portuguese President Signs Decree Launching TAP Air Portugal Privatization Portuguese President Marcelo Rebelo de Sousa has signed a decree-law to kick off the long-delayed privatisation of TAP Air Portugal, formally reopening the sale process for the state-owned carrier and inviting bids from major European airlines and financial investors.

2025-08-11T04:58:15.941602-07:00

Portuguese President Signs Decree Launching TAP Air Portugal Privatization

FlightGlobal

Argentum Airways to Acquire Silver Airways AOC and Restart Regional Network Argentum Airways, a newly formed private-equity backed carrier, has filed to acquire Silver Airways’ air operator certificate following Silver’s abrupt shutdown in June. The deal paves the way for Argentum to restart scheduled services across Silver’s former Southeast US and Caribbean network, with plans to extend operations to Alaska.

2025-08-07T13:38:57.094762-07:00

Argentum Airways to Acquire Silver Airways AOC and Restart Regional Network

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