Reuters
• Andrius Sytas, Gianluca Lo Nostro
Latvia’s national airline airBaltic has voluntarily filed for Chapter 11 protection in New York to restructure its debt and implement a new business strategy. The carrier secured a €350 million debtor-in-possession financing commitment and says flights will continue operating normally during the proceedings.
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Global airlines are urging jet-engine manufacturers to make it easier for independent companies to supply reconditioned parts, following a European settlement involving turboprops. The push seeks greater competition in the aftermarket as carriers contend with the cost and availability of engine components.
Royal Air Maroc is expanding its cargo capability with additional A321 freighter capacity obtained through a wet lease. The move gives the Moroccan flag carrier access to freighter lift while relying on an external operator for the aircraft and associated operating resources.
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Latvia’s national airline airBaltic has voluntarily filed for Chapter 11 protection in New York to restructure its debt and implement a new business strategy. The carrier secured a €350 million debtor-in-possession financing commitment and says flights will continue operating normally during the proceedings.
Malaysia Airlines has reported four consecutive profitable years since completing its restructuring, marking sustained financial improvement. However, a net margin of less than 1% leaves the carrier with limited room to absorb cost inflation, operational disruption or shifts in demand.
EgyptAir plans to resume service to Sydney Kingsford Smith in 2027, routing flights from Cairo through Singapore Changi. The proposed return would restore the carrier’s Australia network roughly 25 years after it withdrew from the market in July 2002.
Finnair has appointed a new chief digital officer, marking a leadership change in the airline’s digital organization. The available information does not identify the appointee or provide details on the executive’s mandate, priorities or start date.
Czech competition authorities have conditionally approved Pegasus Airlines’ takeover of Smartwings, following Turkish clearance of the €154 million deal announced in December. Pegasus must surrender summer slots on the Prague–Antalya route to address antitrust concerns before completing the transaction.
In-flight connectivity is shifting from an unreliable perk to a competitive priority as airlines sign deals with Starlink. The rapid adoption is improving the passenger experience, but installation costs approaching $500,000 per aircraft raise questions about who ultimately pays for the upgrade.
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