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Latest news
Maldives' BeOnd postpones Europe ops restart to late 4Q26
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data.
11Nov2026
airBaltic inks ACMI with Lufthansa as part of new fleet plan
airBaltic (BT, Riga) has announced it has signed a longer-term wet-lease agreement with Lufthansa Group, under which it will operate up to six A220-300s during the summer season and four in winter, enabling "more balanced capacity allocation" in line with the airline's new business plan.
The...
airBaltic (BT, Riga) has announced it has signed a longer-term wet-lease agreement with Lufthansa Group, under which it will operate up to six A220-300s during the summer season and four in winter, enabling "more balanced capacity allocation" in line with the airline's new business plan.
The agreement extends an existing partnership and forms part of airBaltic's revised business plan, as it prepares to reduce its fleet from 54 aircraft to 36 by 2027, concentrate on its more profitable routes, and improve its cost base.
The airline will also continue its wet-lease cooperation with Air Serbia, with four aircraft planned for the summer season and two for the winter season.
ACMI operations will continue to complement airBaltic's own scheduled network, the airline said.
Earlier, Lufthansa Group subsidiary Swiss announced it would stop wet leasing from airBaltic after the 2026/27 winter timetable.
airBaltic has asked the New York bankruptcy court for permission to terminate the operating leases of six A220-300s from Azorra from November 17, 2026, as part of its fleet-reduction programme.
airBaltic voluntarily filed for Chapter 11 financial restructuring in the US on September 14, 2026, seeking to address mounting debt and improve its financial position while continuing normal operations. The proceedings are being overseen by the US Bankruptcy Court for the Southern District of New York. The restructuring is expected to run until around June 2027.
Latvia owns 88.37% of airBaltic, while Lufthansa holds a 10% stake.
11Nov2026
Azerbaijani gov't plans 19.5% subsidy hike for AZAL in 2027
This article is only available with a subscription for Commercial Aviation News, Operator & Airport Data.
11Nov2026
Türkiye's Skyline Aviation exits Embraer operations
This article is only available with a subscription for Business Jet News.
11Nov2026
Bulgaria's EGT Jet launches management services, eyes growth
This article is only available with a subscription for Business Jet News.
11Nov2026
US seeks forfeiture of Deer Jet Beijing G550 over Iran trip
The United States government has launched civil forfeiture proceedings against a G550 owned by Deer Jet Beijing and seized at Anchorage Ted Stevens on May 24, alleging the aircraft violated export control regulations by flying into Iran in December 2024 and remaining in the country for six days. According to a complaint filed on...
The United States government has launched civil forfeiture proceedings against a G550 owned by Deer Jet Beijing and seized at Anchorage Ted Stevens on May 24, alleging the aircraft violated export control regulations by flying into Iran in December 2024 and remaining in the country for six days. According to a complaint filed on October 28 in the United States District Court for the Central District of California (case #2:26-cv-12609), the 2011-built G550, B-8259 (msn 5357), flew between Beijing Capital and Tehran Mehrabad on December 13, 2024, returning to China on December 19. It has remained parked at Richmond International, VA under Federal Bureau of Investigation custody since May 29.
Prosecutors argue that the US-manufactured aircraft remained subject to American export controls after being transferred overseas. The December 2024 flight to Iran constituted a reexport requiring authorisation under the Treasury's Office of Foreign Assets Control (OFAC) General Licence J-1, which would have limited the aircraft's stay in Iran to 72 hours. The government alleges that no licence was obtained and that the six-day stay exceeded the permitted period, making the aircraft subject to forfeiture. Deer Jet Beijing may contest the action.
10Nov2026
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