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Reuters

Azul exits U.S. Chapter 11 after cutting about $2.5bn of debt and leases

Azul has completed its U.S. Chapter 11 restructuring, cutting about $2.5 billion of debt and lease obligations and exiting bankruptcy. Backed by United and American commitments, the recapitalization stabilizes the carrier’s balance sheet and allows focus on its ~800‑flight daily network and regional cargo growth.

2026-02-20T15:15:26.882729-08:00

Airline Weekly

Why Delta and United are outpacing American — profit, strategy and recovery gaps

2026-02-20T06:34:10.696897-08:00

ch-aviation

Arif Habib consortium to acquire full control of Pakistan International Airlines (PIA)

2026-02-19T20:34:45.410447-08:00

FlightGlobal

Two ex‑Spirit A320neos (3.5–4 years old) dismantled for spares after sale to EirTrade

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

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Reuters

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Azul exits U.S. Chapter 11 after cutting about $2.5bn of debt and leases Azul has completed its U.S. Chapter 11 restructuring, cutting about $2.5 billion of debt and lease obligations and exiting bankruptcy. Backed by United and American commitments, the recapitalization stabilizes the carrier’s balance sheet and allows focus on its ~800‑flight daily network and regional cargo growth.

2026-02-20T15:15:26.882729-08:00

Azul exits U.S. Chapter 11 after cutting about $2.5bn of debt and leases

Airline Weekly

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Why Delta and United are outpacing American — profit, strategy and recovery gaps Delta and United are pulling ahead on profitability and strategic recovery, while American lags and Frontier struggles to regain footing. The analysis breaks down profit drivers, network and fleet choices, and how scale, premium demand and operational execution are widening performance gaps across U.S. carriers.

2026-02-20T06:34:10.696897-08:00

Why Delta and United are outpacing American — profit, strategy and recovery gaps

ch-aviation

Arif Habib consortium to acquire full control of Pakistan International Airlines (PIA) An Arif Habib Group-led consortium will acquire full control of Pakistan International Airlines (PIA), the country's flag carrier. The announcement marks a pivotal ownership change for the long-struggling national airline; further details on transaction structure, timing and operational plans were not included in the summary.

2026-02-19T20:34:45.410447-08:00

Arif Habib consortium to acquire full control of Pakistan International Airlines (PIA)

ch-aviation

Omani government denies merger talks between Oman Air and SalamAir Omani authorities have denied reports that Oman Air and SalamAir are engaged in merger talks, pushing back on recent media speculation of a potential consolidation. The government’s statement did not confirm any negotiations or provide details about future corporate plans for either carrier.

2026-02-18T21:36:12.634522-08:00

Omani government denies merger talks between Oman Air and SalamAir

ch-aviation

Alliance Aviation Services to book A$130m non‑cash impairment on Fokker fleet Alliance Aviation Services, the holding company for Alliance Airlines, will book a A$130 million non‑cash impairment charge on its Fokker fleet. The write‑down will reduce reported earnings for the period while leaving immediate cash flow unchanged.

2026-02-18T13:46:04.601713-08:00

Alliance Aviation Services to book A$130m non‑cash impairment on Fokker fleet

FlightGlobal

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Avia Solutions Group centralises AirExplore and KlasJet operational leadership Avia Solutions Group has placed Slovakia-based AirExplore and Lithuania-based KlasJet under a single operational leadership team led by KlasJet chief Justinas Bulka, while retaining both brand identities. The consolidation centralises ACMI and charter management to simplify workflows, remove duplicate structures and speed wet-lease deployments.

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

Avia Solutions Group centralises AirExplore and KlasJet 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

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Aircraft Demand: Airline Distress & Consolidation News

Azul exits U.S. Chapter 11 after cutting about $2.5bn of debt and leases

Why Delta and United are outpacing American — profit, strategy and recovery gaps

Arif Habib consortium to acquire full control of Pakistan International Airlines (PIA)

Two ex‑Spirit A320neos (3.5–4 years old) dismantled for spares after sale to EirTrade

News Timeline