Aircraft Demand: Airline Distress & Consolidation News

Aviation Week • Kurt Hofmann

Austrian abruptly ends Braathens Regional wet‑lease after failed audit and Braathens International insolvency

Austrian Airlines has suspended and immediately terminated its wet‑lease cooperation with Swedish Braathens Regional Airways after a Lufthansa Group audit found the carrier did not meet group standards, and amid the insolvency of sister company Braathens International Airways. The abrupt split creates immediate operational and capacity questions.

2025-12-15T10:51:43.370608-08:00

The Air Current

Spirit labor approves pay and retirement concessions to unlock ~$100M as carrier nears bankruptcy deadline

2025-12-12T10:06:18.541668-08:00

ch-aviation

IndiGo stabilises operations after week-long meltdown — thousands cancelled, DGCA scrutiny and Q3 guidance cut

2025-12-11T20:25:00.755165-08:00

FlightGlobal

SmartLynx collapse: Latvian and Estonian units sold; Maltese carrier's future unclear

2025-12-12T06:28:38.749622-08:00

Aircraft Demand: Airline Distress & Consolidation News Timeline

FlightGlobal

airBaltic names Erno Hilden CEO as carrier grapples with delayed IPO and financial pressure Erno Hilden has taken over as CEO of Latvian carrier airBaltic amid mounting financial pressure and a delayed initial public offering. He inherits an airline management says has emerged from “some of the most challenging years” but is actively weighing alternatives to an IPO to secure capital.

2025-12-15T23:32:23.541621-08:00

airBaltic names Erno Hilden CEO as carrier grapples with delayed IPO and financial pressure

Aviation Week

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Austrian abruptly ends Braathens Regional wet‑lease after failed audit and Braathens International insolvency Austrian Airlines has suspended and immediately terminated its wet‑lease cooperation with Swedish Braathens Regional Airways after a Lufthansa Group audit found the carrier did not meet group standards, and amid the insolvency of sister company Braathens International Airways. The abrupt split creates immediate operational and capacity questions.

2025-12-15T10:51:43.370608-08:00

Austrian abruptly ends Braathens Regional wet‑lease after failed audit and Braathens International insolvency

ch-aviation

Albanian regulator revokes Air Albania licence; carrier grounds fleet after Turkish Airlines withdraws Albania's civil aviation authority has revoked Air Albania's operating licence, prompting the carrier to suspend all flights with effect from 7 December after its main shareholder, Turkish Airlines, withdrew. The move ends operations at the Turkish-backed flag carrier seven years after its launch.

2025-12-15T01:25:02.925916-08:00

Albanian regulator revokes Air Albania licence; carrier grounds fleet after Turkish Airlines withdraws

Airline Weekly

Breeze Airways Squeezed by Competition: Strategy and Survival Plans Breeze Airways is reshaping its strategy to withstand intensifying competition from the U.S. majors, outlining plans to recalibrate network, fleet usage and commercial tactics to protect margins and market share. Management frames the moves as survival measures amid industry consolidation and constrained space for startups.

2025-12-14T22:10:09.372100-08:00

Breeze Airways Squeezed by Competition: Strategy and Survival Plans

ch-aviation

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Pegasus sets up Dutch EU vehicle to buy Smartwings and Czech Airlines Pegasus Airlines has incorporated Amsterdam-based Pegasus Europe BV as an EU acquisition vehicle to buy Smartwings and its Czech Airlines unit. The Dutch subsidiary is intended to satisfy EU rules on takeovers by non‑EU buyers and signals Pegasus’s strategic expansion into Central Europe.

2025-12-14T21:08:58.193770-08:00

Pegasus sets up Dutch EU vehicle to buy Smartwings and Czech Airlines

CAPA

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TAAG launches two-year transformation as Angola sets 2026 privatisation timeline Angola's flag carrier TAAG has begun a two‑year transformation programme that targets a 40‑aircraft fleet and 5 million passengers by 2027; the government has scheduled 2026 to open privatisation talks and the carrier says it aims to return to profitability by 2028.

2025-12-14T20:32:44.921901-08:00

TAAG launches two-year transformation as Angola sets 2026 privatisation timeline

The Air Current

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Spirit labor approves pay and retirement concessions to unlock ~$100M as carrier nears bankruptcy deadline Spirit Airlines' pilots and flight attendants approved revised contracts with temporary pay and retirement cuts, concessions the carrier says will save about $100 million a year. The votes clear a key step to secure financing before a critical bankruptcy milestone this weekend as rivals ready contingency plans.

2025-12-12T10:06:18.541668-08:00

Spirit labor approves pay and retirement concessions to unlock ~$100M as carrier nears bankruptcy deadline

FlightGlobal

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SmartLynx collapse: Latvian and Estonian units sold; Maltese carrier's future unclear SmartLynx’s Estonian operations have been sold to the carrier’s management and Dutch distressed asset manager Break Point, mirroring the earlier sale of the Latvian unit, while the status of the Maltese AOC remains unresolved. Crews report mounting operational and financial problems amid the wider collapse.

2025-12-12T06:28:38.749622-08:00

SmartLynx collapse: Latvian and Estonian units sold; Maltese carrier's future unclear

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