Airlines News

Reuters • Abhijith Ganapavaram

SpiceJet facing DGCA deregistration of four Boeing 737 MAXs as lessors seek repossession over unpaid rentals

SpiceJet’s lessors have asked India’s DGCA to deregister four Boeing 737-8 MAX aircraft, citing prolonged grounding tied to engine issues and the airline’s failure to pay lease rentals. Repossession would remove lease rental obligations tied to the non-operational assets, with SpiceJet operating a reduced fleet of 11 aircraft.

7 Sources

2026-07-13T23:25:29.400132-07:00

ch-aviation

Ukraine plans to establish a flag carrier as airspace reopens

1 Source

2026-07-14T00:13:56.764260-07:00

Bloomberg

China airline stocks trail Cathay Pacific as analysts flag weaker earnings amid muted domestic demand

1 Source

2026-07-13T20:45:46.873921-07:00

Bloomberg

Akasa Air seeks up to ₹10.5 billion ($110M) as Iran war pressures costs

2 Sources

2026-07-13T19:15:38.959138-07:00

Airlines News Timeline

ch-aviation

1 source

Ukraine plans to establish a flag carrier as airspace reopens Ukraine intends to set up a national flag carrier contingent on the reopening of its airspace. The announcement points to a forthcoming restart and restructuring of commercial aviation capacity tied directly to operational access to Ukrainian airspace.

2026-07-14T00:13:56.764260-07:00

Ukraine plans to establish a flag carrier as airspace reopens

Reuters

7 sources

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SpiceJet facing DGCA deregistration of four Boeing 737 MAXs as lessors seek repossession over unpaid rentals SpiceJet’s lessors have asked India’s DGCA to deregister four Boeing 737-8 MAX aircraft, citing prolonged grounding tied to engine issues and the airline’s failure to pay lease rentals. Repossession would remove lease rental obligations tied to the non-operational assets, with SpiceJet operating a reduced fleet of 11 aircraft.

2026-07-13T23:25:29.400132-07:00

SpiceJet facing DGCA deregistration of four Boeing 737 MAXs as lessors seek repossession over unpaid rentals

ch-aviation

1 source

Jetstar Japan to trigger Qantas exit via shareholder buyback Jetstar Japan has moved to unwind Qantas’s involvement through a planned share buyback arrangement, setting up an exit for Qantas from its stake in the Japanese low-cost venture. The transaction reframes the ownership endgame for the Jetstar Japan structure.

2026-07-13T21:59:25.268463-07:00

Jetstar Japan to trigger Qantas exit via shareholder buyback

Bloomberg

1 source

China airline stocks trail Cathay Pacific as analysts flag weaker earnings amid muted domestic demand Shares of China’s major airlines are underperforming Cathay Pacific by nearly 50 percentage points in 2026, as analysts project profits will remain under pressure. The outlook is tied to lackluster domestic travel demand, which is expected to weigh on earnings durability.

2026-07-13T20:45:46.873921-07:00

China airline stocks trail Cathay Pacific as analysts flag weaker earnings amid muted domestic demand

ch-aviation

1 source

India waives aircraft lease tax payments for local carriers India has waived aircraft lease tax payments for local airlines. The measure reduces the tax cost embedded in aircraft leasing for domestic operators, potentially improving near-term cash-flow and altering the economics of aircraft acquisition under lease structures.

2026-07-13T19:59:32.464245-07:00

India waives aircraft lease tax payments for local carriers

Bloomberg

2 sources

Akasa Air seeks up to ₹10.5 billion ($110M) as Iran war pressures costs Akasa Air is reportedly seeking to raise ₹10.5 billion ($110 million) via a mix of equity and debt, as the airline tries to manage cost pressures tied to the Iran war. The financing effort reflects funding needs for a young carrier navigating higher operating costs.

2026-07-13T19:15:38.959138-07:00

Akasa Air seeks up to ₹10.5 billion ($110M) as Iran war pressures costs

ch-aviation

1 source

Rutaca targets US charter market as Venezuela carrier explores new operating opportunities Rutaca is reported to be exploring US charter operations, signaling an effort to tap demand beyond its home market. The move points to a potential expansion of its commercial footprint through US-bound charter services, subject to regulatory and operational feasibility.

2026-07-13T11:52:15.905644-07:00

Rutaca targets US charter market as Venezuela carrier explores new operating opportunities

ch-aviation

1 source

US DOT reinstates Essential Air Service at Vernal, Utah; Contour to resume operations The U.S. Department of Transportation has reinstated Essential Air Service (EAS) at Vernal, Utah, enabling renewed scheduled air connectivity under Contour’s operations. The decision affects the community’s supported service level and the operator’s route continuity at the local airport.

2026-07-13T10:29:42.580882-07:00

US DOT reinstates Essential Air Service at Vernal, Utah; Contour to resume operations

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