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administration

arrow_outward Airlines & Airports

Volocopter files for insolvency, Investors sought

eVTOL start-up Volocopter GmbH  has filed for the opening of insolvency proceedings.  The filing was...

02 January 2025
arrow_outward Aircraft & OEMs

Nordica and Xfly file for bankruptcy

Estonia's state-owned Nordic Aviation Group has ceased operations and the management board files for bankruptcy....

21 November 2024
arrow_outward Cabin

180 jobs lost as AERQ shuts down operations

Hamburg-based IFE start-up AERQ  has announced that it will discontinue its business activities. In line...

04 November 2024
arrow_outward Industry News

Canada Jetlines ceases operations after just two years

Leisure carrier Canada Jetlines has ceased operations following a failure to secure the funds it...

16 August 2024
arrow_outward Aircraft & OEMs

REX owes $500m to 4,800 creditors, say administrators

REX Airlines was in half a billion dollars of debt at the time of its...

09 August 2024
arrow_outward Airlines & Airports

2,000 jobs lost as Australian regional Rex Airlines...

Australian regional Rex Airlines has been put into voluntary administration with the loss of 2,000...

02 August 2024
arrow_outward Airlines & Airports

Rex Airlines poised for administration

Australian regional Rex Airlines is to be put into administration, according to reports. Bloomberg has...

30 July 2024
arrow_outward Airlines & Airports

Bonza aircraft to stay grounded until at least...

Bonza's fleet will stay grounded until at least Wednesday next week as negotiations between the...

03 May 2024
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has reached an agreement with Bonza to provide component support for the low-cost airline's Boeing 737 MAX 8 fleet.
arrow_outward Airlines

Qantas appeals to employees following Bonza collapse

Following the collapse of Bonza Airlines announced earlier today, rival carrier Qantas has suggested that...

30 April 2024
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) has reached an agreement with Bonza to provide component support for the low-cost airline's Boeing 737 MAX 8 fleet.
arrow_outward Industry News

Australian LCC Bonza files for administration

Just over a year since its first flight, Australian regional low-cost airline Bonza has filed...

30 April 2024
arrow_outward Aircraft & OEMs

Private equity saw ‘latent value’ in saving Britten-Norman

Following the news that light aircraft manufacturer Britten-Norman had been bought out of administration, its...

25 March 2024
arrow_outward Aircraft & OEMs

Britten-Norman saved by new investment

UK sub-regional aircraft manufacturer Britten-Norman has secured an investment that will stabilise the business and...

22 March 2024
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