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FlightGlobal • David Kaminski-Morrow

Provisional liquidators appointed to Priority 1 Group, owner of European Cargo

Provisional liquidators have been appointed to Priority 1 Group, the UK-based owner of freight carrier European Cargo. The company’s portfolio reportedly includes leasing and logistics entities and an A340 fleet, with liquidators working toward selling the business and its assets.

2026-06-26T08:41:17.130260-07:00

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SpiceJet receives first $16mn from state crisis fund amid liquidity squeeze

2026-06-26T02:00:41.511378-07:00

FlightGlobal

Eastern Airways’ UK AOC holders surrender Gatwick slots as administrators fail to find a buyer; fleet divestment begins

2026-06-25T01:56:05.952439-07:00

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PIA ownership handover targeted for early 3Q26, with Airbus A320-200 fleet in scope

2026-06-25T03:41:36.526216-07:00

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FlightGlobal

Provisional liquidators appointed to Priority 1 Group, owner of European Cargo Provisional liquidators have been appointed to Priority 1 Group, the UK-based owner of freight carrier European Cargo. The company’s portfolio reportedly includes leasing and logistics entities and an A340 fleet, with liquidators working toward selling the business and its assets.

2026-06-26T08:41:17.130260-07:00

Provisional liquidators appointed to Priority 1 Group, owner of European Cargo

ch-aviation

SpiceJet receives first $16mn from state crisis fund amid liquidity squeeze India’s SpiceJet has received the first $16 million from a state-backed crisis fund, as the carrier continues working to stabilize cashflow. The initial disbursement is part of a broader effort to restore liquidity and support near-term operations.

2026-06-26T02:00:41.511378-07:00

SpiceJet receives first $16mn from state crisis fund amid liquidity squeeze

ch-aviation

PIA ownership handover targeted for early 3Q26, with Airbus A320-200 fleet in scope Pakistan International Airlines (PIA) is set to be handed over to new owners by early 3Q26, with the carrier’s Airbus A320-200 operations included in the transaction scope. The timetable points to a 2026 transition phase for control, fleet oversight, and commercial operations.

2026-06-25T03:41:36.526216-07:00

PIA ownership handover targeted for early 3Q26, with Airbus A320-200 fleet in scope

FlightGlobal

Eastern Airways’ UK AOC holders surrender Gatwick slots as administrators fail to find a buyer; fleet divestment begins UK regional carrier Eastern Airways’ administrator-led process is moving from rescue attempts to asset divestment after joint administrators failed to sell the business. The airline’s AOC holder, Air Kilroe, also surrendered its London Gatwick slots, signaling a broader unwinding of the carrier’s operating base.

2026-06-25T01:56:05.952439-07:00

Eastern Airways’ UK AOC holders surrender Gatwick slots as administrators fail to find a buyer; fleet divestment begins

FlightGlobal

Eastern Airways fleet sold as administrators fail to rescue collapsed UK regional carrier

2026-06-25T01:56:05.952439-07:00

Eastern Airways fleet sold as

FlightGlobal

Yakovlev MC-21-310 logs ~2,000nm range in operational configuration test flights Yakovlev’s MC-21-310 has demonstrated a range of about 2,000nm (3,800km) during test flights using a payload that simulates a full passenger complement. The programme is described as supporting an initial delivery configuration and real-life operating conditions.

2026-06-23T11:40:29.073499-07:00

Yakovlev MC-21-310 logs ~2,000nm range in operational configuration test flights

eVTOL Insights

Valour Consultancy: global commercial UAS fleet to top 5.5 million by 2050, accelerating drone-scale operations Valour Consultancy’s research forecasts the global commercial unmanned aircraft systems (UAS) fleet will exceed 5.6 million aircraft by 2050. The projection signals sustained, long-horizon growth for commercial drone operations and the supporting ecosystem across airspace management, infrastructure, and services.

2026-06-23T00:26:23.228280-07:00

Valour Consultancy: global commercial UAS fleet to top 5.5 million by 2050, accelerating drone-scale operations

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Bamboo Airways faces further bank asset seizure Bamboo Airways is reported to be facing another round of bank asset seizures tied to its ongoing financial situation, adding pressure to its liquidity and operations. The development signals continued legal and creditor actions that could further constrain the airline’s ability to finance working capital and payments.

2026-06-22T16:56:25.850226-07:00

Bamboo Airways faces further bank asset seizure

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Aircraft Demand: Airline Distress & Consolidation News

Provisional liquidators appointed to Priority 1 Group, owner of European Cargo

SpiceJet receives first $16mn from state crisis fund amid liquidity squeeze

Eastern Airways’ UK AOC holders surrender Gatwick slots as administrators fail to find a buyer; fleet divestment begins

PIA ownership handover targeted for early 3Q26, with Airbus A320-200 fleet in scope

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