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Spain’s Popular Party Presses Government Over $913M Airline Debt

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Spain’s Popular Party (PP) has launched a coordinated political campaign in Ibiza’s city councils and the Island Council of the Balearic Islands, calling on the Spanish government to immediately settle an estimated $913 million debt owed to airlines. The unpaid amount relates to resident travel discounts that carriers have already provided but not yet been reimbursed for.

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Air France, Lufthansa Exit Air Europa Deal Talks

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Air France and Lufthansa have officially halted negotiations with the Hidalgo family, the owners of Spanish airline Air Europa, over the proposed acquisition of a 25% stake in the carrier. The talks reportedly collapsed due to an unresolved dispute concerning the valuation of Air Europa, which the Hidalgo family placed at $1.1 billion.

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Mesa Air Group Reports Loss Amid Revenue Decline In Q2

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Mesa Air Group, a U.S.-based regional airline operator, announced a net loss of $58.6 million for the second quarter of fiscal 2025, alongside a 28.0% decrease in total operating revenues, which fell to $94.7 million. The sharp decline reflects ongoing challenges in regional aviation markets and reduced block hours with major partners.

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Regional Express Sale Process Begins Amid Government Interest

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Regional Express (Australia) has officially entered the sale process, as administrators work to find a buyer for the collapsed regional airline. The development comes over a week after the Australian Labor government suggested it could step in and purchase the airline should private investors fail to materialize.

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Altavair Appoints Beng Yip As SVP For Asia Pacific

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Altavair, a U.S.-based aviation investment and leasing firm, has announced the appointment of Beng Yip as Senior Vice President of Marketing and Head of Asia Pacific, marking a significant expansion in its executive leadership focused on the region. This move reflects Altavair’s intent to deepen its footprint in one of the fastest-growing aviation markets in the world.

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Smartwings Receives A320 MSN 2496 On Wet Lease

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Smartwings, a leading Czech airline, has expanded its operational capabilities through the wet lease of an Airbus A320, identified by manufacturer serial number (MSN) 2496. The aircraft is leased from Global Aviation, a South African carrier, and is powered by IAE V2527-A5 engines, which are widely recognized for their reliability and performance in short- to medium-haul operations.