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CNBC • Leslie Josephs

Castlelake in talks to acquire or provide asset-based financing to Spirit Airlines

Investment firm Castlelake is in talks to acquire or provide asset-based financing to Spirit Airlines as the ULCC seeks to exit Chapter 11; the move follows a Frontier bid judged unviable and arrives amid ongoing lease disputes, gate sales and mounting liquidity pressure.

2026-01-22T05:38:37.531960-08:00

FlightGlobal

Dale Vince’s Ecojet placed into provisional liquidation after zero‑emission carrier never launches

2026-01-22T11:12:35.280923-08:00

FlightGlobal

IndiGo Q3 profit plunges after early‑December meltdown; $63m hit and warning of higher per‑passenger costs

2026-01-22T05:02:10.712558-08:00

Business Wire

Porter to close Halifax and Thunder Bay crew bases effective May 7, 2026

2026-01-21T10:39:46.953470-08:00

News Timeline

FlightGlobal

Dale Vince’s Ecojet placed into provisional liquidation after zero‑emission carrier never launches Ecojet Airlines — a proposed zero‑emission regional carrier backed by green entrepreneur Dale Vince — has been placed into provisional liquidation after never commencing operations. The appointment of provisional liquidators ends the attempt to bring the carrier to market before any flights were operated.

2026-01-22T11:12:35.280923-08:00

Dale Vince’s Ecojet placed into provisional liquidation after zero‑emission carrier never launches

ch-aviation

Azul updates Chapter 11 restructuring plan Azul Linhas Aéreas has filed an update to its Chapter 11 restructuring plan in US bankruptcy proceedings, signalling material changes to the airline’s reorganisation path. The amended filing revises the company’s previously disclosed restructuring framework as it advances through Chapter 11.

2026-01-22T08:56:42.966754-08:00

Azul updates Chapter 11 restructuring plan

CNBC

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Castlelake in talks to acquire or provide asset-based financing to Spirit Airlines Investment firm Castlelake is in talks to acquire or provide asset-based financing to Spirit Airlines as the ULCC seeks to exit Chapter 11; the move follows a Frontier bid judged unviable and arrives amid ongoing lease disputes, gate sales and mounting liquidity pressure.

2026-01-22T05:38:37.531960-08:00

Castlelake in talks to acquire or provide asset-based financing to Spirit Airlines

FlightGlobal

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IndiGo Q3 profit plunges after early‑December meltdown; $63m hit and warning of higher per‑passenger costs IndiGo reported a 78% drop in Q3 FY26 profit after an early‑December operational meltdown that forced thousands of cancellations, taking a $63m hit and triggering one‑time and labour costs. Management says operations have stabilised but warned full‑year per‑passenger costs will rise.

2026-01-22T05:02:10.712558-08:00

IndiGo Q3 profit plunges after early‑December meltdown; $63m hit and warning of higher per‑passenger costs

Economic Times

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Air India to report record ₹150 billion ($1.6B) annual loss after June Dreamliner crash and operational disruptions Air India is set to report a record annual loss of at least ₹150 billion (~$1.6 billion) for the year ending March 31 after the June Boeing 787‑8 Dreamliner crash that killed over 240 people, plus airspace shutdowns and operational turmoil that wiped out a near break‑even turnaround.

2026-01-21T23:53:24.129881-08:00

Air India to report record ₹150 billion ($1.6B) annual loss after June Dreamliner crash and operational disruptions

ch-aviation

Capital A wins High Court approval to cut MYR5.5bn in share capital to enable restructuring The High Court of Malaya has approved Capital A’s proposed reduction of share capital by MYR5.5 billion (USD1.4 billion), the company said. The ruling clears a legal step the group says is necessary to enable a planned corporate restructuring and balance-sheet reorganisation.

2026-01-21T17:35:24.304882-08:00

Capital A wins High Court approval to cut MYR5.5bn in share capital to enable restructuring

Business Wire

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Porter to close Halifax and Thunder Bay crew bases effective May 7, 2026 Porter Airlines will close its crew bases in Halifax and Thunder Bay effective May 7, 2026, a move affecting about 60 staff. The carrier says the closures form part of a broader transformation and expansion plan; CUPE 4061 (1,250+ cabin crew) has objected.

2026-01-21T10:39:46.953470-08:00

Porter to close Halifax and Thunder Bay crew bases effective May 7, 2026

ch-aviation

Swedish tax authority opposes further restructuring of Braathens Regional (BRA) Sweden's tax authority has formally opposed further restructuring measures for Braathens Regional Airlines (BRA), the report says. The fiscus' objection creates a regulatory obstacle to the carrier's ongoing reorganization process; the article provides limited detail on the authority's grounds or next steps.

2026-01-21T01:54:45.232056-08:00

Swedish tax authority opposes further restructuring of Braathens Regional (BRA)

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Aircraft Demand: Airline Distress & Consolidation News

Castlelake in talks to acquire or provide asset-based financing to Spirit Airlines

Dale Vince’s Ecojet placed into provisional liquidation after zero‑emission carrier never launches

IndiGo Q3 profit plunges after early‑December meltdown; $63m hit and warning of higher per‑passenger costs

Porter to close Halifax and Thunder Bay crew bases effective May 7, 2026

News Timeline