Aircraft Demand: Airline Distress & Consolidation News

ch-aviation

High activity

Spain’s Alba Star suspends flights and prepares insolvency filing as Romania’s Dan Air enters insolvency

Spanish charter operator Alba Star has temporarily halted flights amid a liquidity squeeze and is preparing to file for insolvency after sale talks failed to produce a deal. Romania’s Dan Air has also entered insolvency and plans to restructure, according to the available report.

ch-aviation

South Korea’s Parata Air to cancel 3.9 million shares over losses

ch-aviation

Slovakia’s AirExplore ceases operations

Slovak airline AirExplore has ceased operations, according to the report. The article does not specify when services stopped, the reason for the shutdown, or the scale of any impact on employees, customers, or partner airlines.

ch-aviation

Slovakia’s AirExplore ceases operations

FlightGlobal

High activity

Google’s $10 million Spirit data deal revised to shield 20 categories of former crew data

Google has agreed to additional privacy protections in its proposed $10 million purchase of enterprise data from the now-defunct airline, after objections from the union representing Spirit flight attendants. The revised terms exclude 20 categories of data linked to former pilots and flight attendants, and the union has withdrawn its objections.

ch-aviation

High activity

Spain’s AlbaStar shuts down and considers insolvency proceedings

Spanish airline AlbaStar has ceased operations and is considering an insolvency procedure. The available reports provide no details on the timing of any filing, the company’s liabilities or the status of its fleet and employees.

ch-aviation

Pakistan’s Airblue cuts 300 jobs amid challenges

Airblue is cutting 300 jobs as it faces unspecified business challenges, according to the available report. The scale of the reductions signals a workforce response to pressure at the Pakistani airline, but the report provides no further detail on the causes or operational impact.

ch-aviation

Croatia Airlines to receive €35 million government cash injection

Croatia Airlines’ share capital will increase by €35 million ($39 million) through a direct cash injection from the Croatian government, following a decision at the airline’s general assembly on Oct. 29, 2026.