Airline information: Corendon Airlines, Air Baltic, American, United Airlines, Air India, Alaska Airlines, Emirates, Avianca, etc.

Faced with a critical financial situation—marked by negative net assets of €77.5 million and the looming repayment deadline for €200 million in state aid—low-cost airline **Volotea** is currently negotiating an emergency capital injection of €25 million via loans and credit lines to ensure its survival. Although the audit firm EY highlights « significant uncertainty regarding going concern status » in its report on the 2025 accounts and points to a theoretical scenario of court-ordered liquidation, the carrier’s management downplays these conclusions, citing the extension of the current accounting moratorium.
To sustainably strengthen its balance sheet and restore equity in compliance with legal requirements, the board of directors is pursuing a comprehensive risk-mitigation strategy. This combines the new fundraising effort with a planned €71 million capital increase and the conversion of €56 million in participating loans into equity.

An **Air India** flight that injured passengers after plunging mid-air last month suffered a temporary loss of hydraulic systems, investigators stated on Friday (September 4); meanwhile, the airline has dismissed the captain, who tested positive for psychoactive substances.
The Airbus A320, carrying 137 passengers and eight crew members, suddenly lost altitude on August 4 while flying from Phuket, Thailand, to New Delhi, injuring 24 people before stabilizing and landing safely.
India’s Ministry of Civil Aviation has classified the event as a « serious incident. » Both Airbus and the BEA—the French air safety agency—have stated that they are assisting with the Indian investigation into the flight. Meanwhile, the Indian airline appointed Tewolde Gebremariam to lead the company last month, betting that the former Ethiopian Airlines boss could steer Air India out of its current crisis and back to profitability.

To avert imminent bankruptcy, Latvia’s national carrier, **Air Baltic**, has secured a crucial agreement with creditors to issue €257 million in new bonds, thereby underpinning its financial recovery plan. Structured as an emergency loan repayable by February 26, the arrangement provides for an immediate €180 million cash injection, with the remaining €77 million tranche to be released later, subject to meeting specific operational milestones.
Although this agreement—due for official ratification at a creditors’ meeting this Friday, the 11th—offers vital financial breathing room, CEO Erno Hilden confirmed it would entail drastic cost-cutting measures, including workforce reductions, the return of part of the aircraft fleet, and the closure of numerous routes, all aimed at making the airline more profitable and self-sufficient.

**Alaska Airlines** will add a route between San Diego and Loreto (Mexico) on December 19, the carrier announced on September 3. This will mark the airline’s 50th direct route from San Diego. The seasonal service will operate twice weekly using Embraer E175 aircraft.

**Air Canada** announced five new international destinations for the summer of 2027 on September 3. The airline will also launch a route between Toronto and Nice, France, starting June 16. This service will operate twice weekly using Airbus A330-300 aircraft. The airline already offers flights between Montreal and Nice. In addition, the airline will resume its « Air Canada Daytripper » service—a daytime flight between Toronto and London Heathrow—for the summer season. It also plans to increase the frequency of its Toronto-Shanghai service to daily flights, and the Toronto-Guatemala route, launched on December 1, will operate year-round.
Flights between Montreal and Tenerife (Canary Islands), Lima (Peru), and Guatemala City (Guatemala) will also become year-round services.

**Vnukovo and Sheremetyevo airports**—two of Moscow’s three main airports—suspended operations for the second consecutive night due to the risk that drones from Ukraine could compromise aviation safety.
This concern extends beyond foreign airlines, which are already largely grounded, to affect Russian citizens themselves; in response to Ukrainian warnings, ICAO (the International Civil Aviation Organization) has recommended that all countries implement additional security measures to prevent related incidents.
The Russian aviation authority…