Administration
European Cargo enters administration
UK-based cargo airline European Cargo has entered administration, abruptly halting operations and putting jobs, aircraft,...
Spirit Collapse: Wider stress among LCCs indicated
The collapse of Spirit Airlines may signal wider stress across low-cost carriers (LCCs), according to...
UK regional carrier Blue Islands ceases operations
UK regional airline Blue Islands has ceased operations 'with immediate effect'. In a statement, the...
Eastern Airways cancels all flights as administration looms
Humberside-based airline Eastern Airways (UK) Ltd has filed a formal notice of its intention to...
Rex to be acquired by Air T
The administrators of Australian Regional Express (Rex) have reached an agreement with US-based holding company...
Spirit Airlines negotiates $475m financing facility
Embattled Spirit Airlines has negotiated a multi-tranche debtor-in-possession ("DIP") financing facility of up to $475...
Play Airlines collapses with all flights cancelled
Iceland-based LCC Play Airlines has ceased operations. A statement on the website confirms that all...
Report finds Spirit Airlines has ‘significant structural and...
A report has revealed that Spirit Airlines’ second Chapter 11 in twelve months is due...
Court allows Spirit Airlines to continue operations through...
Following an announcement that US-based LCC Spirit Airlines has entered voluntary Chapter 11 bankruptcy proceedings,...
Rex administrators given sale extension
Receivers attempting to find a buyer for collapsed Australian regional airline Rex have been given...
Volocopter files for insolvency, Investors sought
eVTOL start-up Volocopter GmbH has filed for the opening of insolvency proceedings. The filing was...
Nordica and Xfly file for bankruptcy
Estonia's state-owned Nordic Aviation Group has ceased operations and the management board files for bankruptcy....