Azul, one of Brazil’s leading airlines, has formally appointed SkyWorks Capital, a U.S.-based financial advisory firm, to serve as its Fleet Restructuring Financial Advisor during the carrier’s ongoing Chapter 11 bankruptcy proceedings. This strategic engagement signals Azul’s intent to restructure its fleet obligations in a way that supports long-term operational sustainability and cost reduction.
Air Belgium has announced plans to phase out its two A330-200F aircraft by the end of August 2025, marking a significant change in the airline’s cargo operations. These aircraft have been operating under a lease agreement with Altavair AirFinance, a U.S.-based lessor specializing in commercial aircraft financing and leasing solutions.
Ryanair, Europe’s largest low-cost airline, has called on Austria to abolish its passenger tax and reduce airport charges, threatening to reduce or eliminate flight services if its demands are not met. In exchange, the airline has proposed a substantial investment: to base 10 Boeing 737 MAX 8200 aircraft in the country, a move that would significantly expand its Austrian operations.
Petro Air, a Libyan aviation company, has announced plans to establish a new airline subsidiary named Libyan Oil Wings, formed through a joint venture with Harmony Group (Malta) and Delta United Group (Libya). The venture is strategically aimed at serving the energy and oil sector, which constitutes a critical part of Libya’s economy and transportation demand.
Azores Airlines, the regional flag carrier of Portugal’s Azores archipelago, may be forced to declare insolvency if its ongoing privatization process does not succeed, according to Duarte Freitas, a senior official from the Regional Government of the Azores. The financial exposure in such a case could exceed US$350 million, placing substantial pressure on regional and national stakeholders.
Alaska Airlines has filed a legal request with a Georgia federal court seeking permission to obtain discovery from Delta Air Lines in connection with an ongoing trademark dispute in the United Kingdom involving Virgin Group. The move underscores the legal complexity arising from the competitive and branding relationships among the three airline groups.
Alaska Air Group, the parent company of Hawaiian Airlines, has announced plans to establish new pilot and flight attendant bases for the Hawaiian brand in Seattle, with operations set to begin in March 2026. This move represents a significant step in the post-merger integration of Hawaiian Airlines into Alaska’s mainland infrastructure.
Air France-KLM has announced that Angus Clarke, Executive Vice President and Chief Commercial Officer (CCO), will resign from his role effective 31 August 2025. The resignation marks a significant executive transition at the top level of one of Europe’s largest airline groups.
A preliminary investigation into an incident involving an Air India Boeing 787 Dreamliner has revealed that both GEnx-1B engines were shut down within one second of each other via their fuel cutoff switches. This highly unusual event is now a focal point of regulatory review, raising critical questions regarding cockpit procedures and crew actions during the incident.
Volaris, Mexico’s leading low-cost airline, has taken delivery of a new Airbus A320neo, further advancing its ongoing fleet modernization program. The aircraft, serial number 12628, is powered by PW1127G-JM engines and has been delivered on lease from Jackson Square Aviation, a global aircraft leasing company based in the United States.
