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ch-aviation • CH-Aviation Staff

Consortium seeks extra investor as PIA privatization stalls amid $2.32bn debt

A private consortium bidding to take control of Pakistan International Airlines is seeking an additional investor as privatization talks stall, weeks after reports showed PIA's debt stock approaching $2.32 billion. The government's concern over mounting liabilities complicates the planned sale of a 75% stake.

2026-01-13T22:24:00.355928-08:00

ch-aviation

AirAsia X to be rebranded as AirAsia on 19 Jan 2026 as Capital A completes restructuring

2026-01-13T19:00:53.847197-08:00

Paddle Your Own Kanoo

Spirit pilots urge Citadel to keep financing as liquidation risk grows; carrier asks court to pause investor securities suit

2026-01-13T14:44:24.855406-08:00

Skift

Delta to pay $1.3bn in 2025 profit-sharing — smallest bonus since 2022; employees voice frustration

2026-01-13T11:09:24.619735-08:00

News Timeline

ch-aviation

Consortium seeks extra investor as PIA privatization stalls amid $2.32bn debt A private consortium bidding to take control of Pakistan International Airlines is seeking an additional investor as privatization talks stall, weeks after reports showed PIA's debt stock approaching $2.32 billion. The government's concern over mounting liabilities complicates the planned sale of a 75% stake.

2026-01-13T22:24:00.355928-08:00

Consortium seeks extra investor as PIA privatization stalls amid $2.32bn debt

ch-aviation

AirAsia X to be rebranded as AirAsia on 19 Jan 2026 as Capital A completes restructuring AirAsia X (D7, Kuala Lumpur International) will be rebranded as AirAsia effective 19 January 2026, the carrier said, as parent Capital A enters the final stages of its corporate restructuring. The move consolidates the group's airline identity under the AirAsia name.

2026-01-13T19:00:53.847197-08:00

AirAsia X to be rebranded as AirAsia on 19 Jan 2026 as Capital A completes restructuring

Paddle Your Own Kanoo

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Spirit pilots urge Citadel to keep financing as liquidation risk grows; carrier asks court to pause investor securities suit Spirit's pilots have urged Citadel to maintain debtor-in-possession financing as the carrier faces growing liquidation risk in its second Chapter 11, while Spirit asked a federal court to stay a proposed securities class action against top executives, saying the suit distracts management during restructuring.

2026-01-13T14:44:24.855406-08:00

Spirit pilots urge Citadel to keep financing as liquidation risk grows; carrier asks court to pause investor securities suit

Via Satellite

Intuitive Machines completes $800M acquisition of Lanteris (formerly Maxar), becomes vertically integrated space prime Intuitive Machines has completed its $800 million purchase of Lanteris Space Systems (formerly Maxar Space Systems), paying $450 million in cash and $350 million in Class A stock. The deal adds spacecraft manufacturing capability the company says will make it a vertically integrated space prime for commercial, civil and national-security work.

2026-01-13T13:25:40.922761-08:00

Intuitive Machines completes $800M acquisition of Lanteris (formerly Maxar), becomes vertically integrated space prime

Skift

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Delta to pay $1.3bn in 2025 profit-sharing — smallest bonus since 2022; employees voice frustration Delta Air Lines will share $1.3 billion with employees for 2025 performance — roughly four weeks' pay — the smallest profit‑sharing bonus since 2022, drawing staff frustration. The payout follows strong Q4 cash flow and 2026 EPS targets as executives warn of looming consolidation among low‑cost carriers.

2026-01-13T11:09:24.619735-08:00

Delta to pay $1.3bn in 2025 profit-sharing — smallest bonus since 2022; employees voice frustration

ch-aviation

Buyer eyes UK's Eastern Airways AOC for nominal price A prospective buyer is seeking to acquire the UK Air Operator Certificate (AOC) of Eastern Airways for a nominal sum following the airline's collapse. The deal would transfer regulatory authority to operate commercial services and could be a fast route to preserve parts of the business.

2026-01-13T09:17:02.038263-08:00

Buyer eyes UK's Eastern Airways AOC for nominal price

Aviation Week

Baykar to scale Piaggio P.180 Avanti production to ~30/year and develop upgraded variant After acquiring Piaggio Aerospace, Baykar plans a five- to six-fold expansion of P.180 Avanti production—targeting roughly 30 aircraft per year—while strengthening MRO and engine capabilities and developing an upgraded Avanti variant as it seeks a larger US presence.

2026-01-13T06:19:57.605970-08:00

Baykar to scale Piaggio P.180 Avanti production to ~30/year and develop upgraded variant

SpaceNews.com

Turion Space acquires Tychee Research Group to accelerate autonomous on‑orbit operations Turion Space Corp. has acquired Tychee Research Group to accelerate autonomous space operations and mission engineering. The acquisition will integrate Tychee's autonomy and mission‑engineering expertise into Turion's on‑orbit services, aiming to speed delivery of autonomous spacecraft operations and mission planning capabilities to customers.

2026-01-13T06:07:34.735452-08:00

Turion Space acquires Tychee Research Group to accelerate autonomous on‑orbit operations

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M&A News

Consortium seeks extra investor as PIA privatization stalls amid $2.32bn debt

AirAsia X to be rebranded as AirAsia on 19 Jan 2026 as Capital A completes restructuring

Spirit pilots urge Citadel to keep financing as liquidation risk grows; carrier asks court to pause investor securities suit

Delta to pay $1.3bn in 2025 profit-sharing — smallest bonus since 2022; employees voice frustration

News Timeline