ARC NEWS
UK court grants FitzWalter Aviation worldwide freezing order against VietJet
October 19, 2026
On 15 October, the UK Commercial Court granted FitzWalter Aviation a worldwide freezing order as it seeks to recover about US$250 million in judgments over VietJet’s 2021 termination of leases on four Airbus A321s. The court found a risk that value tied to VietJet’s aircraft orderbook—including pre-delivery payment refunds and potential sale-and-leaseback profits—could be dissipated through transfers to a Cayman entity. It also cited VietJet’s decision to stop flying nine aircraft to Singapore after a local seizure order as evidence of anti-enforcement steps. VietJet had paid only US$2 million toward the debt.


American Airlines to launch Miami–Barcelona, Venezuela service in January 2027
October 19, 2026
American Airlines plans to begin three weekly Miami–Barcelona (BLA) flights on 15 January 2027, operated by Embraer 175 aircraft. The Monday, Wednesday and Friday service will join the airline’s existing Miami flights to Caracas and Maracaibo, bringing its US–Venezuela schedule to 24 flights weekly. Tickets were scheduled to go on sale on 19 October.


Sichuan Airlines Offers Six Airbus A320ceos for Sale
October 16, 2026
Sichuan Airlines has invited bids for six Airbus A320ceo aircraft manufactured between 2007 and 2008, all powered by IAE V2500 engines. Starting bids range from CNY91.8 million ($13.7 million) to CNY115 million per aircraft, with submissions closing on 4 November 2026. The airline currently operates an all-Airbus fleet of 215 aircraft, including 55 in-service A320ceos, and has 15 additional aircraft listed as stored.


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