Aircraft Demand: Airline Distress & Consolidation News

Aircraft Demand: Airline Distress & Consolidation

Recent Coverage

CityJet closes Stockholm base as it weighs future fleet

CityJet has closed its Stockholm base and is weighing what comes next for its fleet. The available information does not specify the timing, aircraft affected or whether the base closure changes the carrier’s routes or operating arrangements.

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Spanish helicopter operator Eliance seeks preliminary creditor protection

Eliance, a Spanish helicopter operator and aerial services firm, has filed for preliminary creditor protection. The filing signals financial distress at a company active in helicopter operations and aerial services, though the available report does not specify the reasons for the move or its implications for operations.

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Reuters

High activity

AirAsia seeks RM4.2 billion in funding amid talks with Malaysian government

AirAsia is seeking RM4.2 billion ($1 billion) in new funding as higher operating costs strain the low-cost carrier. Co-founder Tony Fernandes met Malaysian finance ministry officials, according to Reuters-cited sources, while denying that he requested financial assistance from the government.

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