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ch-aviationDirk Andrei Salcedo

Sale of Russia’s Izhavia to Proceed Despite Loss of Air Operator Certificate

The planned sale of Russian regional airline Izhavia will proceed despite the carrier losing its air operator certificate, creating uncertainty around the transaction’s structure, operating continuity and value. The development highlights the regulatory and operational risks facing airline ownership deals in Russia’s aviation market.

2026-08-06T20:44:56.513288-07:00

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Sale of Russia’s Izhavia to Proceed Despite Loss of Air Operator Certificate

The planned sale of Russian regional airline Izhavia will proceed despite the carrier losing its air operator certificate, creating uncertainty around the transaction’s structure, operating continuity and value. The development highlights the regulatory and operational risks facing airline ownership deals in Russia’s aviation market.

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AeroTime

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Apollo agrees $7.7 billion takeover of easyJet after Castlelake withdraws

Apollo Global Management will acquire easyJet for £5.7 billion ($7.7 billion), offering £7.15 per share in cash after rival bidder Castlelake abandoned its pursuit. The transaction would take the U.K. budget airline into private-equity ownership as surging fuel prices pressure airline economics.

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Urumqi Air mulls joint carrier with Kazakhstan government

Urumqi Air is considering establishing a joint carrier with Kazakhstan’s government, according to a report from Commercial Aviation News. The proposal signals potential expansion of cross-border airline cooperation, although details on ownership, fleet, routes and timing have not been disclosed.

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Jetstar Japan to rebrand by 3Q27 as Qantas exits through share buyback

Qantas Group and Japan Airlines have signed a binding agreement to restructure Jetstar Japan’s ownership, with the Development Bank of Japan replacing Qantas through a share buyback. The low-cost carrier plans to rebrand by the third quarter of 2027, ending Qantas’ role in the Japanese venture.

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ch-aviation

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Norse Atlantic begins formal search for a sale, merger or strategic partner after IndiGo damp-lease loss

Norse Atlantic Airways has launched a formal process that could lead to a sale, merger or partnership, tying the strategic review to the loss of its damp-lease agreement with IndiGo Airlines from November 2026. The move puts the long-haul leisure carrier’s ownership and operating model under review.

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FlightGlobal

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Allegiant’s Sun Country merger triggers pilot attrition, flight cuts and potential 737 MAX expansion

Allegiant says the combination with Sun Country is driving junior-pilot attrition in Minneapolis-St. Paul as Delta recruits from the merged carrier, forcing schedule reductions even as cargo flying expands. Allegiant reported 7% fewer flights but 16% higher revenue in the second quarter and is evaluating additional 737 MAX options.

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