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ch-aviation • Sanja Stefanjesko

Court clears the way for Onur Air liquidation

A court ruling says the liquidation process for Turkish carrier Onur Air can begin. The decision brings legal momentum to the airline’s insolvency pathway and sets the stage for next steps affecting creditors, customers, and operational stakeholders tied to the carrier.

2026-05-20T00:45:44.714333-07:00

AeroTime

US ULCCs reposition into Spirit’s markets after May 2, 2026 shutdown

2026-05-19T14:38:47.824859-07:00

Bloomberg

Jet fuel supply tightens as US refineries run at record pace but shift output toward gasoline

2026-05-19T12:10:27.090171-07:00

Financial Times

Ryanair warns of weaker summer pricing and higher fuel costs as O’Leary ties outlook to Iran-war energy volatility

2026-05-18T01:25:05.684306-07:00

News Timeline

ch-aviation

Court clears the way for Onur Air liquidation A court ruling says the liquidation process for Turkish carrier Onur Air can begin. The decision brings legal momentum to the airline’s insolvency pathway and sets the stage for next steps affecting creditors, customers, and operational stakeholders tied to the carrier.

2026-05-20T00:45:44.714333-07:00

Court clears the way for Onur Air liquidation

AeroTime

US ULCCs reposition into Spirit’s markets after May 2, 2026 shutdown JetBlue, Breeze, Frontier and Allegiant are moving into former Spirit route markets following the carrier’s May 2, 2026 shutdown. The shift signals a near-term capacity realignment for U.S. low-cost flying, as competitors rebalance frequencies and networks to capture displaced demand.

2026-05-19T14:38:47.824859-07:00

US ULCCs reposition into Spirit’s markets after May 2, 2026 shutdown

Bloomberg

Jet fuel supply tightens as US refineries run at record pace but shift output toward gasoline US refineries are producing jet fuel at a record pace, but output is being skewed away from gasoline—raising the risk of a “transport fuels” production clash ahead of the peak summer travel period. The setup threatens renewed jet-fuel tightness if demand swings into gasoline-heavy periods.

2026-05-19T12:10:27.090171-07:00

Jet fuel supply tightens as US refineries run at record pace but shift output toward gasoline

Financial Times

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Ryanair warns of weaker summer pricing and higher fuel costs as O’Leary ties outlook to Iran-war energy volatility Ryanair’s latest earnings call and guidance update flagged softer pricing into the key summer season despite “robust” demand, citing late bookings pressure and a fuel-cost spike. CEO Michael O’Leary also discussed his contract extension timeline and linked broader jet-fuel expectations to Iran-war-driven global price moves.

2026-05-18T01:25:05.684306-07:00

Ryanair warns of weaker summer pricing and higher fuel costs as O’Leary ties outlook to Iran-war energy volatility

Associated Press

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Spirit Airlines collapse spotlights U.S. ULCC fragility as Iran-war jet-fuel shock lifts costs and fares Spirit Airlines’ shutdown has left travelers scrambling for replacements, while court comments underscore the scale of pricing exclusion for would-be summer passengers. The broader context is a sharp fuel-cost spike: DOT data show airline fuel costs up 56% in March, following the Iran war outbreak, feeding into higher fares and fees across the industry.

2026-05-17T21:24:14.767278-07:00

Spirit Airlines collapse spotlights U.S. ULCC fragility as Iran-war jet-fuel shock lifts costs and fares

Air Data News

LOT begins retiring Embraer E175s as it pivots to Airbus A220 deliveries Polish carrier LOT has started withdrawing Embraer E175 jets from service, with two aircraft left service in 2025 and ferried into storage between March and April, per Aviation Week. The E175 drawdown supports the airline’s transition toward the Airbus A220 fleet ahead of upcoming deliveries.

2026-05-15T04:24:59.529213-07:00

LOT begins retiring Embraer E175s as it pivots to Airbus A220 deliveries

Bloomberg

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Air New Zealand flags FY2026 losses exceeding $300m+ as volatile jet-fuel prices hit demand and raises risk of further capacity Air New Zealand says its losses are set to steepen in FY2026, projecting more than $300 million in total losses as elevated and volatile global jet-fuel prices weigh on costs. The carrier is trimming 5% of flights and reviewing which international routes to reduce, citing softening demand and “material uncertainty.”

2026-05-13T15:43:57.515939-07:00

Air New Zealand flags FY2026 losses exceeding $300m+ as volatile jet-fuel prices hit demand and raises risk of further capacity

CNBC

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Allegiant completes $1.5B acquisition of Sun Country, consolidating charter and cargo under the leisure carrier Allegiant Travel Company has closed its roughly $1.5 billion acquisition of Sun Country after regulator and shareholder approvals, formally merging Allegiant Air and Sun Country to create a larger U.S. leisure carrier. The brands are expected to operate separately in the near term, with Sun Country’s charter and cargo arms coming under Allegiant control.

2026-05-13T14:24:56.209126-07:00

Allegiant completes $1.5B acquisition of Sun Country, consolidating charter and cargo under the leisure carrier

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Aircraft Demand: Airline Distress & Consolidation News

Court clears the way for Onur Air liquidation

US ULCCs reposition into Spirit’s markets after May 2, 2026 shutdown

Jet fuel supply tightens as US refineries run at record pace but shift output toward gasoline

Ryanair warns of weaker summer pricing and higher fuel costs as O’Leary ties outlook to Iran-war energy volatility

News Timeline