Jet Airways (India) has entered a new phase in its liquidation process with the appointment of Satish Kumar Gupta as its liquidator. The decision was made by the National Company Law Tribunal (NCLT) following a Supreme Court order that permits the sale of the grounded airline.
Go First (India) has reached a significant milestone in its bankruptcy proceedings, with the committee of creditorsapproving Dinkar Venkatasubramanian as the liquidator. This decision is expected to guide the airline’s resolution process, ensuring compliance with legal and financial frameworks.
Breeze Airways (US) CEO David Neeleman has forecasted significant changes in the airline industry, predicting further consolidation in 2025 and beyond. Neeleman noted the likelihood of bankruptcy filings and even potential mergersoccurring within the next year as airlines face mounting financial and operational pressures.
TrueNoord (Netherlands) has completed the acquisition of seven ATR72-600 aircraft from GOAL Aircraft Leasing (Germany). These aircraft are currently on lease to prominent European carriers, further strengthening TrueNoord’s regional aviation portfolio.
Air Antilles (Guadeloupe) has announced plans to bolster its fleet by reintroducing two ATR aircraft — an ATR72 and an ATR42 — and a DHC6 back into operations starting December 20, 2024. This strategic move aims to strengthen the airline’s network and service offerings during the high-demand travel season.
ITA Airways (Italy) is set to become a member of Star Alliance in 2025, marking a significant milestone in the airline’s evolution. This move aligns with ITA’s acquisition by Lufthansa (Germany), which is a prominent member of the global airline network.
Etihad Airways (UAE) is reportedly considering a partial acquisition of Air Europa (Spain), potentially taking up to a 20% stake in the Spanish airline. This move places Etihad among several global carriers exploring opportunities to invest in Air Europa as the airline seeks strategic partnerships to enhance its market presence.
Turkish Airlines is preparing to operate a specially configured subfleet of Airbus A350-1000s for long-haul services to Australia, signaling a significant expansion in its global route network. The airline is also considering New Zealand as a future destination, reflecting its ambitious growth strategy.
Air Transat (Canada) has announced a new seasonal nonstop service connecting Montreal to Valencia, beginning June 16, 2025. The route will be operated using the Airbus A321neo, further expanding Air Transat’s transatlantic offerings.
LOT Polish Airlines (Poland) has introduced a new Supervisory Board as part of its ongoing organizational updates. Agnieszka Trzaskalska has been appointed as the Chairwoman of the Supervisory Board, bringing extensive experience to this pivotal role. Additionally, Anna Wilga-Szczepanik joins the board, further strengthening its leadership team.
