Aircraft Demand: Airline Distress & Consolidation News

FlightGlobal • David Kaminski-Morrow

Pegasus signs €154m deal to acquire Czech carrier Smartwings, outbids LOT

Pegasus Airlines has signed an agreement to acquire Czech carrier Smartwings and a related Czech Airlines unit in a €154 million ($179–180m) transaction that outbid LOT and remains subject to regulatory clearance. The purchase accelerates Pegasus’ push into Central Europe and scales its leisure network.

2025-12-08T00:27:20.803924-08:00

Airline Geeks

Pilot Exodus Forces Spirit Airlines to Cancel Planned Mass Furloughs

2025-12-05T13:48:15.000480-08:00

FlightGlobal

Spirit pares fleet in Chapter 11, vows to keep up to 28 A320neo/A321neo and 78 A320-family jets

2025-12-04T11:29:12.369192-08:00

ch-aviation

New Pacific Airlines abruptly halts operations after failed beOnd partnership

2025-11-27T04:31:49.041708-08:00

Aircraft Demand: Airline Distress & Consolidation News Timeline

FlightGlobal

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Pegasus signs €154m deal to acquire Czech carrier Smartwings, outbids LOT Pegasus Airlines has signed an agreement to acquire Czech carrier Smartwings and a related Czech Airlines unit in a €154 million ($179–180m) transaction that outbid LOT and remains subject to regulatory clearance. The purchase accelerates Pegasus’ push into Central Europe and scales its leisure network.

2025-12-08T00:27:20.803924-08:00

Pegasus signs €154m deal to acquire Czech carrier Smartwings, outbids LOT

Airline Geeks

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Pilot Exodus Forces Spirit Airlines to Cancel Planned Mass Furloughs Spirit Airlines has canceled planned pilot furloughs tied to its Chapter 11 restructuring after a surge of voluntary resignations to rival carriers thinned its ranks. The carrier cut planned captain downgrades from about 170 to 25 and withdrew furloughs that would have affected more than 10% of pilots.

2025-12-05T13:48:15.000480-08:00

Pilot Exodus Forces Spirit Airlines to Cancel Planned Mass Furloughs

FlightGlobal

Delta and United take minority stakes in Republic after Mesa combination creates 310‑jet regional carrier Delta Air Lines and United Airlines have taken minority stakes in the newly combined Republic Airways after its merger with Mesa, creating a 310‑strong Embraer regional fleet. The carrier is slated to operate more than 8,300 weekly regional departures on behalf of American, Delta and United in December.

2025-12-05T10:27:15.898796-08:00

Delta and United take minority stakes in Republic after Mesa combination creates 310‑jet regional carrier

ch-aviation

Jersey says collapsed Blue Islands owed £7.47m (~$10m) in public funds The Jersey government confirmed regional carrier Blue Islands owed £7.47 million (~$10m) in public funds at the time it collapsed earlier this month, the authority said. The disclosure quantifies taxpayer exposure following the airline's entry into administration and suspension of its ATR turboprop services.

2025-12-05T03:46:10.590018-08:00

Jersey says collapsed Blue Islands owed £7.47m (~$10m) in public funds

ch-aviation

LOT aims to finalise Smartwings acquisition by year‑end 2025 LOT Polish Airlines aims to finalise its acquisition of Smartwings by year‑end 2025. The timetable puts the transaction on a near‑term integration and regulatory track that will affect fleet deployment, network planning and market structure in the region.

2025-12-04T23:54:16.622610-08:00

LOT aims to finalise Smartwings acquisition by year‑end 2025

ch-aviation

Capital A finalises terms for AirAsia X share distribution Capital A has finalised the terms for a share distribution involving AirAsia X, the company announced via ch-aviation. The agreement formalises how Capital A's stake in the long‑haul carrier will be allocated, with implementation timelines and further disclosures to follow.

2025-12-04T14:44:27.323364-08:00

Capital A finalises terms for AirAsia X share distribution

Aviacionline

Avian Líneas Aéreas exits bankruptcy as owner Germán Efromovich confirms plans to restart operations Avian Líneas Aéreas has exited bankruptcy, owner Germán Efromovich confirmed to Aviacionline, and the Argentine carrier is planning a restart of operations. The lifting of insolvency status removes legal constraints on restructuring and enables Avian to pursue fleet reactivation, route relaunches and creditor negotiations.

2025-12-04T14:08:16.863244-08:00

Avian Líneas Aéreas exits bankruptcy as owner Germán Efromovich confirms plans to restart operations

FlightGlobal

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Spirit pares fleet in Chapter 11, vows to keep up to 28 A320neo/A321neo and 78 A320-family jets Spirit Airlines, in its Chapter 11 restructuring, will cut its fleet roughly in half and commit to retaining up to 28 A320neo/A321neo narrowbodies and as many as 78 older A320-family aircraft when it exits bankruptcy, a move that defines its post-restructuring capacity and fleet mix.

2025-12-04T11:29:12.369192-08:00

Spirit pares fleet in Chapter 11, vows to keep up to 28 A320neo/A321neo and 78 A320-family jets

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