More than 25% of outstanding bond principal was represented at the reconvened meeting yesterday — clearing the quorum bar that an August 3 vote failed to meet — and over 75% of those who voted approved a narrow set of…
Latvia’s prime minister didn’t hedge his language. Andris Kulbergs called today’s bondholder vote “the last chance to really save airBaltic” — the actual description of the airline’s precarious situation. An initial vote on August 3 failed for lack of quorum.…
On May 6, 2026, AirAsia Group placed a firm order for 150 Airbus A220-300s — the largest single order in the A220 program’s history, worth roughly $19 billion at list price, pushing the program past 1,000 total firm orders. Canada’s…
Delta Air Lines’ on-time rate improved in the first half of 2026 — 78.7% to 79.3%, good for second among the major US carriers. By the metric most coverage and DOT reporting leads with, Delta looks fine, maybe even a…
Apollo Global Management won easyJet. Castlelake withdrew from the bidding on August 6, without giving a specific reason, clearing the way for Apollo’s £5.7 billion (£7.15-a-share) cash offer — unanimously recommended by easyJet’s board, an 81% premium to where the…
Cathay Pacific’s parent group reported 1H26 net profit of HK$6.24 billion (US$802 million), up 71% year over year. Attributable profit from the airlines and subsidiaries rose to HK$4.9 billion, from HK$3.8 billion a year ago. Passenger volume grew 17.5%, to…