Reuters
Latvian carrier airBaltic has voluntarily filed for Chapter 11 protection in the Southern District of New York as it restructures its debt, operations and financing. The airline secured a €350 million ($405 million) debtor-in-possession financing commitment and says flights and reservations will continue normally.
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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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Latvian carrier airBaltic has voluntarily filed for Chapter 11 protection in the Southern District of New York as it restructures its debt, operations and financing. The airline secured a €350 million ($405 million) debtor-in-possession financing commitment and says flights and reservations will continue normally.
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’ acquisition of Smartwings, after requiring the Turkish low-cost carrier to surrender summer slots on the Prague–Antalya route. Turkey had already authorized the €154 million transaction announced in December.
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.
TAROM has appointed a new interim general director, placing the Romanian airline under temporary leadership as it manages its next phase of corporate and operational planning.
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