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FlightGlobal • David Kaminski-Morrow

Avia Solutions Group consolidates AirExplore and KlasJet under single operational leadership

Avia Solutions Group has unified the operational leadership of Slovakia-based AirExplore and Lithuania-based KlasJet to simplify ACMI and charter operations while retaining both brands. The move aims to remove duplicate structures, accelerate aircraft deployment and streamline crew and planning processes across the group's wet-lease business.

2026-02-18T08:54:02.951193-08:00

FlightGlobal

Two ex‑Spirit A320neos (3½–4 years old) sent to Arizona for teardown; parts bound for Dallas

2026-02-18T03:36:32.535200-08:00

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ASG pins SmartLynx collapse on weak cargo market, launches capital raise

2026-02-18T08:36:54.917393-08:00

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ASG blames weak cargo market for SmartLynx collapse, seeks capital raise

2026-02-18T08:16:55.846405-08:00

News Timeline

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Avia Solutions Group consolidates AirExplore and KlasJet under single operational leadership Avia Solutions Group has unified the operational leadership of Slovakia-based AirExplore and Lithuania-based KlasJet to simplify ACMI and charter operations while retaining both brands. The move aims to remove duplicate structures, accelerate aircraft deployment and streamline crew and planning processes across the group's wet-lease business.

2026-02-18T08:54:02.951193-08:00

Avia Solutions Group consolidates AirExplore and KlasJet under single operational leadership

ch-aviation

ASG pins SmartLynx collapse on weak cargo market, launches capital raise ASG says a weakening cargo market caused SmartLynx's collapse and is preparing a capital raise to address the fallout. The move signals the group's immediate effort to secure funding amid challenges tied to freight demand that have hit operators and lessors.

2026-02-18T08:36:54.917393-08:00

ASG pins SmartLynx collapse on weak cargo market, launches capital raise

ch-aviation

ASG blames weak cargo market for SmartLynx collapse, seeks capital raise ASG has attributed the collapse of ACMI specialist SmartLynx to a deteriorating cargo market and is pursuing a capital raise to stabilise operations and address creditors. The move follows asset sales of the carrier’s Latvian and Estonian units and an unresolved Maltese AOC.

2026-02-18T08:16:55.846405-08:00

ASG blames weak cargo market for SmartLynx collapse, seeks capital raise

FlightGlobal

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Two ex‑Spirit A320neos (3½–4 years old) sent to Arizona for teardown; parts bound for Dallas Irish asset manager EirTrade Aviation has acquired two recently built Airbus A320neos (MSNs 10769 and 10921, roughly 3.5–4 years old) and is dismantling them in Goodyear, Arizona; harvested components will be moved to EirTrade's parts hub in Dallas, marking the youngest full teardowns of the A320neo family.

2026-02-18T03:36:32.535200-08:00

Two ex‑Spirit A320neos (3½–4 years old) sent to Arizona for teardown; parts bound for Dallas

ch-aviation

South African regulator approves $5m guarantee payout to Mango Airlines South Africa's regulator has approved a $5 million guarantee payout to Mango Airlines. The authorization permits release of the guaranteed funds to the carrier. Reporting on the decision did not include details on timing, conditions or the source of the guarantee.

2026-02-17T04:30:07.710776-08:00

South African regulator approves $5m guarantee payout to Mango Airlines

Bloomberg

Arif Habib Group-led consortium takes full control of PIA; plans fleet expansion and IPO within a year An Arif Habib Group‑led consortium has taken full operational control of Pakistan International Airlines and intends to expand its fleet to boost the carrier's competitiveness and support Pakistan's tourism sector. The new owners plan to list PIA via an initial public offering within a year of the takeover.

2026-02-16T01:12:36.513529-08:00

Arif Habib Group-led consortium takes full control of PIA; plans fleet expansion and IPO within a year

Airline Weekly

Icelandair posts second straight annual loss despite strong transatlantic demand and PLAY collapse Icelandair posted its second consecutive annual loss despite robust transatlantic demand and the collapse of local rival PLAY, which removed a competitor from the market. The carrier remains unprofitable even as North Atlantic demand strengthens.

2026-02-15T22:09:51.979090-08:00

Icelandair posts second straight annual loss despite strong transatlantic demand and PLAY collapse

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Route network and fleet update — Hainan Airlines This operator update summarizes changes across Hainan Airlines’ route network and strategic fleet developments, including aircraft orders and deployments, and captures related market moves—start-ups, bankruptcies, mergers and partnerships—that influence capacity, competition and network planning across China and APAC. It provides a concise view of evolving commercial dynamics.

2026-02-15T15:50:13.426866-08:00

Route network and fleet update — Hainan Airlines

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Aircraft Demand: Airline Distress & Consolidation News

Avia Solutions Group consolidates AirExplore and KlasJet under single operational leadership

Two ex‑Spirit A320neos (3½–4 years old) sent to Arizona for teardown; parts bound for Dallas

ASG pins SmartLynx collapse on weak cargo market, launches capital raise

ASG blames weak cargo market for SmartLynx collapse, seeks capital raise

News Timeline