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AirAsia’s $19 Billion A220 Bet Followed by a 25% Capacity Retreat

AirAsia placed the largest order in the Airbus A220 program’s history in May, then announced plans in August to cut capacity by 25%. The reversal highlights the gap between long-term fleet commitments and near-term network demand, with the airline citing a return to “pre-war levels.”

2026-08-17T00:32:25.384166-07:00

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Air India de-rosters two more pilots after preliminary drug-test positives following Phuket incident

Air India has de-rostered two pilots after preliminary drug tests returned positive results following the Phuket–Delhi A320neo incident. Final tests are pending. The airline had ordered screening for all pilots after marijuana was detected in one pilot; Malaysia Airlines separately reported negative results from its mandatory pilot testing.

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AirAsia’s $19 Billion A220 Bet Followed by a 25% Capacity Retreat

AirAsia placed the largest order in the Airbus A220 program’s history in May, then announced plans in August to cut capacity by 25%. The reversal highlights the gap between long-term fleet commitments and near-term network demand, with the airline citing a return to “pre-war levels.”

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Hong Kong Private Equity Firm Submits Rescue Plan for SriLankan Airlines

A Hong Kong-based private equity firm has submitted a plan to rescue SriLankan Airlines, potentially opening a new path for the carrier’s ownership, financing and restructuring. The proposal highlights continued investor interest in distressed airline assets and the challenges facing Sri Lanka’s flag carrier.

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FAA probes American Airlines 737s that shared a callsign near Phoenix

The FAA is investigating how two American Airlines 737-800s operated near Phoenix under the same callsign after a delayed inbound aircraft met its replacement outbound flight. The event raises operational and air-traffic-control questions around flight identification when aircraft and schedules change unexpectedly.

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Garuda Indonesia targets return to profit in 1Q27

Garuda Indonesia is targeting a return to profitability in the first quarter of 2027. The airline’s stated objective provides a forward financial milestone for assessing its recovery and performance trajectory, although the available report does not detail the measures or assumptions underpinning the target.

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