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

Reuters

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Turkish Airlines opens non-binding talks on potential Air Europa investment Turkish Airlines said it is holding non-binding discussions to assess a potential investment in Spain’s Air Europa and explore partnership synergies, underscoring its strategic push into the European market despite earlier consolidation bids falling through.

2025-06-23T17:19:15.476063-07:00

Turkish Airlines opens non-binding talks on potential Air Europa investment

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US court finalises Silver Airways liquidation, ending restructuring efforts The US Bankruptcy Court has approved the final liquidation of Florida-based Silver Airways, formally closing its Chapter 11 case and ending restructuring efforts for the regional carrier. Silver, which ceased flights on June 11, will now proceed with winding down its assets under court supervision.

2025-06-23T14:24:09.868960-07:00

US court finalises Silver Airways liquidation, ending restructuring efforts

ch-aviation

Air Algérie to Absorb Tassili Airlines in Strategic Consolidation Air Algérie has announced plans to absorb its subsidiary Tassili Airlines into its mainline operations, aiming to streamline fleets, cut costs and unify domestic and regional networks under a single carrier.

2025-06-23T08:33:49.413690-07:00

Air Algérie to Absorb Tassili Airlines in Strategic Consolidation

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Administrators Win Extension as Multiple Bidders Eye Insolvent Regional Express Administrators of insolvent regional airline Rex have secured a court-approved extension to advance sale talks, attracting bids from domestic and international investors. The extra runway of time comes as creditors evaluate restructuring proposals and potential acquirers weigh valuation risks for Australia’s largest independent regional carrier.

2025-06-19T06:26:57.060403-07:00

Administrators Win Extension as Multiple Bidders Eye Insolvent Regional Express

Bloomberg

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Pakistan Receives Five Bids for PIA Sale, Including Military-Backed Consortium Pakistan’s Privatisation Ministry said it has received expressions of interest from five consortia, including domestic carrier Airblue Ltd., high-profile business groups led by Muhammad Ali Tabba and Arif Habib, and a military-backed firm, for a majority stake in loss-making Pakistan International Airlines, advancing its third privatisation attempt.

2025-06-19T03:14:44.424125-07:00

Pakistan Receives Five Bids for PIA Sale, Including Military-Backed Consortium

Reuters

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Southeast Asia’s Low-Cost Carriers Ramp Up Capacity Despite Profit Pressures Major Southeast Asian budget airlines are locked in a capacity expansion battle, adding seats and routes even as rising fuel and operating costs compress margins. The aggressive growth has already forced Qantas to shutter Singapore-based Jetstar Asia, underscoring the risks of overexpansion under tight profitability.

2025-06-18T18:55:12.516661-07:00

Southeast Asia’s Low-Cost Carriers Ramp Up Capacity Despite Profit Pressures

Aviacionline

COC Global Enterprise Takes Lead Investor Role in Flybondi, Eyes Fleet and Route Expansion US-based fund COC Global Enterprise has emerged as the lead investor and main shareholder in Argentina’s ultra-low-cost carrier Flybondi, securing board chair control. The investment aims to reverse the airline’s recent operational setbacks with plans to inject capital for new aircraft and expand its route network.

2025-06-18T15:43:10.225511-07:00

COC Global Enterprise Takes Lead Investor Role in Flybondi, Eyes Fleet and Route Expansion

Bloomberg

Thai Airways to Resume Share Trading After Exiting Four-Year Debt Restructuring Thailand’s flag carrier has won court approval to exit its 2020 bankruptcy-protected debt restructuring plan and expects to resume trading its shares by early August, marking a critical step toward restoring profitability and market confidence after halving its workforce and cutting costs.

2025-06-15T23:03:23.241559-07:00

Thai Airways to Resume Share Trading After Exiting Four-Year Debt Restructuring

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