Aircraft Demand: Airline Distress & Consolidation News

Bloomberg • Angus Whitley

Qantas Group to Close Jetstar Asia as It Refocuses on ANZ Core Markets

Qantas Group will close Jetstar Asia, its Singapore-based low-cost carrier, by end-July, citing rising supplier costs, hefty airport fees and intense regional competition. The move forms part of a strategic restructure to concentrate on its Australia and New Zealand core markets and bolster profitability amid market headwinds.

2025-06-10T17:31:50.040559-07:00

wtsp.com

Silver Airways abruptly halts all flights and ceases operations after restructuring collapse

2025-06-10T22:46:01.807083-07:00

Reuters

Turkish Airlines Opens Non-Binding Talks for Minority Stake in Air Europa

2025-06-23T17:19:15.476063-07:00

Reuters

Azul Files for Chapter 11 Bankruptcy to Halve Debt While Maintaining Operations

2025-05-28T03:50:51.885812-07:00

Aircraft Demand: Airline Distress & Consolidation News Timeline

Airways Magazine

Avelo Airlines to Exit West Coast Market by December, Shutter Burbank Hub Avelo Airlines will cease all West Coast operations, shuttering its Burbank hub by Dec. 2, 2025, as the pandemic-era ultra-low-cost carrier retreats from markets it helped pioneer. The move underscores ongoing financial strains as capacity shifts to higher-yield East Coast routes.

2025-07-15T12:12:44.901340-07:00

Avelo Airlines to Exit West Coast Market by December, Shutter Burbank Hub

FlightGlobal

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DOT approves transfer of Hawaiian Airlines’ certificates to Alaska Air Group On July 14, the US Department of Transportation approved the de facto transfer of Hawaiian Airlines’ operating certificates and economic authorities to Alaska Air Group, parent of Alaska Airlines and Horizon Air. The decision advances regulatory consolidation ahead of the carriers’ planned merger.

2025-07-14T13:30:41.219842-07:00

DOT approves transfer of Hawaiian Airlines’ certificates to Alaska Air Group

One Mile at a Time

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Avelo Airlines to End West Coast Operations and Close Burbank Hub by December Avelo Airlines will wind down its entire West Coast network, shuttering its Burbank hub by December, the carrier confirmed Monday. The budget operator, which launched four years ago emphasizing West Coast service, is redirecting capacity and investments toward strengthening its East Coast and domestic growth markets.

2025-07-14T12:08:31.009227-07:00

Avelo Airlines to End West Coast Operations and Close Burbank Hub by December

ch-aviation

Abra Group in talks to acquire majority stake in Chile’s SKY Airline As part of a four-year mutual benefit agreement, Abra Group has opened formal talks to acquire a majority stake in Chile’s SKY Airline by converting a US$100 million bond issued in November 2021 into equity. The deal could restructure SKY’s balance sheet amid intensifying South American low-cost carrier competition.

2025-07-08T12:12:22.521740-07:00

Abra Group in talks to acquire majority stake in Chile’s SKY Airline

ch-aviation

New owner weighs equity infusion to bolster T’way Air’s finances T’way Air’s new owner is considering a capital injection to strengthen the South Korean low-cost carrier’s balance sheet and support its strategic initiatives.

2025-07-02T21:18:04.755864-07:00

New owner weighs equity infusion to bolster T’way Air’s finances

ch-aviation

Flybondi Faces Winding-Up Petition in London High Court Argentina’s ultra-low-cost carrier Flybondi is facing a winding-up contest in the London High Court after creditors moved to liquidate its UK arm over unpaid debts. The legal challenge casts doubt on Flybondi’s fleet financing, route expansion and broader recovery plan.

2025-07-02T11:05:07.641005-07:00

Flybondi Faces Winding-Up Petition in London High Court

Airline Geeks

Argentum Airways to Relaunch Silver Airways’ Florida, Bahamas and Alaska Network After Silver Airways ceased operations and headed into Chapter 11 bankruptcy amid unpaid fees, private equity-backed Argentum Airways has acquired its turboprop and regional jet fleet and plans to relaunch scheduled services between Florida, the Bahamas and Alaska under its new brand this summer.

2025-07-01T07:14:58.276134-07:00

Argentum Airways to Relaunch Silver Airways’ Florida, Bahamas and Alaska Network

Aviation Week

Danantara Pumps $405M into Garuda Indonesia to Avert Further Jet Groundings Garuda Indonesia has received a $405 million shareholder loan from sovereign wealth fund Danantara via its subsidiary Danantara Asset Management, bolstering the carrier’s liquidity as it works to repair its balance sheet and avoid further operational disruptions.

2025-06-25T02:59:28.628965-07:00

Danantara Pumps $405M into Garuda Indonesia to Avert Further Jet Groundings

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