Administration
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...
Canada Jetlines ceases operations after just two years
Leisure carrier Canada Jetlines has ceased operations following a failure to secure the funds it...
REX owes $500m to 4,800 creditors, say administrators
REX Airlines was in half a billion dollars of debt at the time of its...
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...
Rex Airlines poised for administration
Australian regional Rex Airlines is to be put into administration, according to reports. Bloomberg has...
Bonza aircraft to stay grounded until at least...
Bonza's fleet will stay grounded until at least Wednesday next week as negotiations between the...
Qantas appeals to employees following Bonza collapse
Following the collapse of Bonza Airlines announced earlier today, rival carrier Qantas has suggested that...
Australian LCC Bonza files for administration
Just over a year since its first flight, Australian regional low-cost airline Bonza has filed...
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...
Britten-Norman saved by new investment
UK sub-regional aircraft manufacturer Britten-Norman has secured an investment that will stabilise the business and...
Britten-Norman files notice of intention to appoint administrators
Isle of Wight-based Britten-Norman has filed a 'notice of intent to appoint administrators'. The move...
Flybe collapse: Airlines come to the rescue in...
In the wake of UK-based carrier Flybe’s grounding today (5 March 2020), the first signs...