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AeroTime • Miquel Ros

Philippine Airlines set to join Oneworld in 2026 as the alliance’s 16th member

Philippine Airlines (PAL) has signed a memorandum of understanding to join the Oneworld alliance during the IATA Annual General Meeting in Rio de Janeiro, with entry planned for 2026. The addition is positioned as a major Asia-focused shift, expanding PAL’s network and bringing frequent-flyer perks alongside Oneworld partners.

2026-06-06T11:56:25.824616-07:00

Reuters

Iran-war jet fuel shock threatens airline solvency, drives consolidation as airlines delay aircraft purchase options

2026-06-06T13:27:55.097943-07:00

Reuters

Breeze Airways targets 2027 IPO as David Neeleman positions US ULCC for a capital-market re-entry

2026-06-06T14:44:30.030699-07:00

ch-aviation

Missing certificates stall PIA handover to consortium

2026-06-04T19:56:37.869478-07:00

News Timeline

Reuters

Breeze Airways targets 2027 IPO as David Neeleman positions US ULCC for a capital-market re-entry US budget carrier Breeze Airways is targeting an initial public offering in 2027, CEO David Neeleman said, with timing explicitly contingent on market conditions. The carrier’s strategy is to compete in US domestic markets via alternative point-to-point routes under Neeleman’s leadership.

2026-06-06T14:44:30.030699-07:00

Breeze Airways targets 2027 IPO as David Neeleman positions US ULCC for a capital-market re-entry

Reuters

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Iran-war jet fuel shock threatens airline solvency, drives consolidation as airlines delay aircraft purchase options Soaring jet fuel prices tied to the Iran war are escalating bankruptcy risks for budget carriers and prompting expectations of further consolidation, IATA’s head said. Europe is avoiding a shortage, but rising costs are pressuring operations and ticket prices; airlines are also delaying aircraft option decisions amid uncertainty.

2026-06-06T13:27:55.097943-07:00

Iran-war jet fuel shock threatens airline solvency, drives consolidation as airlines delay aircraft purchase options

AeroTime

❗️

Philippine Airlines set to join Oneworld in 2026 as the alliance’s 16th member Philippine Airlines (PAL) has signed a memorandum of understanding to join the Oneworld alliance during the IATA Annual General Meeting in Rio de Janeiro, with entry planned for 2026. The addition is positioned as a major Asia-focused shift, expanding PAL’s network and bringing frequent-flyer perks alongside Oneworld partners.

2026-06-06T11:56:25.824616-07:00

Philippine Airlines set to join Oneworld in 2026 as the alliance’s 16th member

ch-aviation

Brazil’s CADE clears Grupo Abra’s acquisition of Chile’s Sky Airline Brazil’s competition regulator CADE approved Grupo Abra’s purchase of Chilean carrier Sky Airline. CADE found the deal would not undermine competition in the South American air market. The transaction still requires approvals in Chile and Peru to close.

2026-06-05T09:26:55.123344-07:00

Brazil’s CADE clears Grupo Abra’s acquisition of Chile’s Sky Airline

Bloomberg

Airbus–Thales–Leonardo satellite JV to test EU merger rules as “Bromo” review hits new antitrust scrutiny Airbus, Leonardo and Thales plan a proposed space-joint venture (“Bromo”) to test the EU’s revamped merger framework aimed at enabling globally competitive European champions. The deal’s progress is being shaped by timing and competitive concerns raised in Germany and Italy as discussions with the European competition authority continue.

2026-06-05T06:59:14.372258-07:00

Airbus–Thales–Leonardo satellite JV to test EU merger rules as “Bromo” review hits new antitrust scrutiny

AeroTime

FAI Aviation’s Georg Gruber on scaling a global mission-critical aviation group out of Nuremberg Georg Gruber, associated with FAI Aviation, discusses how Albrecht Dürer Airport Nuremberg (NUE) has helped the operator carve out a thriving niche despite being squeezed between Europe’s busiest hubs. The feature frames the strategy around building a global mission-critical aviation group centered on dependable regional operations.

2026-06-05T06:42:09.116092-07:00

FAI Aviation’s Georg Gruber on scaling a global mission-critical aviation group out of Nuremberg

ch-aviation

Missing certificates stall PIA handover to consortium Pakistan International Airlines’ planned handover to a consortium has been delayed by missing certificates, according to ch-aviation reporting. The documentation gaps are preventing the transaction from moving forward on schedule, extending uncertainty around the carrier’s transfer and next phase of ownership.

2026-06-04T19:56:37.869478-07:00

Missing certificates stall PIA handover to consortium

ch-aviation

Korean Air seeks up to $264M to cover debt and lease payments Korean Air is preparing to raise as much as $264 million to meet upcoming debt and lease-payment obligations. The move underscores the carrier’s focus on maintaining liquidity while continuing to fund its fleet commitments.

2026-06-04T17:44:31.152938-07:00

Korean Air seeks up to $264M to cover debt and lease payments

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M&A News

Philippine Airlines set to join Oneworld in 2026 as the alliance’s 16th member

Iran-war jet fuel shock threatens airline solvency, drives consolidation as airlines delay aircraft purchase options

Breeze Airways targets 2027 IPO as David Neeleman positions US ULCC for a capital-market re-entry

Missing certificates stall PIA handover to consortium

News Timeline