Alliance Aviation Services is looking at options to replace its fleet of Fokker 70 and 100 jets after disclosing an A$120 million ($85.4 million) writedown in the carrying value of the aircraft and associated spares. The company says in an Australian Securities Exchange disclosure that the impairment of the fleet totals A$130 million, while the carrying value of engines, spare parts and inventory amounts to A$30 million, both of which will raise non-cash charges during the fiscal year ending June. Cirium fleets data shows that it has 22 F100s and seven F70s in its fleet, which have a cumulative indicative market value of $63.1 million. It adds that as both types are approaching the end of their useful lives it is working on a "detailed long term fleet plan" to manage their retirement. "As part of this plan the company will consider lease and purchase options as well as the redeployment of aircraft," Alliance states. The carrier primarily operates the Fokker aircraft on resource industry and other ad hoc charter services. It also has a total of 55 E190s in its fleet, of which 34 are contracted to operate for QantasLink, four are leased to Airnorth, and one is wet leased to Virgin Australia Regional Airlines, Cirium fleets data shows. Alliance states that the E190 fleet was valued "at approximately [A]$67 million (excluding realisation costs) above the aggregate carrying values" recorded in its accounts at the end of December. The disclosure comes as Alliance prepares to release its financial results for the half-year ended December on 19 February. In November, the company released guidance that it expects to earn a profit before tax of A$46-A$56 million in the year ending June 2026, down from A$82.1 million the year prior, driven by a A$15 million increase in depreciation costs, disputes with a wet-lease customer and higher maintenance costs.

Two Southwest board members have resigned, with no replacements having been named. The US carrier says that with the departures of David Cush and Gregg Saretsky, "the board intends to reduce its size from 13 to 11 members". Southwest chief executive and board vice-chairman Bob Jordan states that his "sincere thanks go out to both David and Gregg for their valuable contributions and dedicated service on the board". He adds: "Their participation came during an important period for the company and helped Southwest position itself for long-term success." As part of a settlement Southwest made in October 2024 with activist investor Elliott Investment Management, the Dallas-based airline added five Elliott-selected nominees to its board: Cush, a former Virgin America chief; former WestJet chief Saretsky; Sarah Feinberg, former administrator of the US Federal Railroad Administration; former Marriott International group president Dave Grissen; and Patricia Watson, former chief information and technology officer at NCR Atleos. Feinberg, Grissen and Watson remain on the board. Southwest notes in a 9 February US Securities and Exchange Commission filing that neither Cush's nor Saretsky's departure from the board "is due to any disagreement with the company on any matter relating to the company’s operations, policies or practices".

Air Canada has ordered eight Airbus A350-1000s to its fleet and take purchase rights on eight more. Deliveries of the aircraft, which are powered by Rolls-Royce Trent XWB-97 engines, are scheduled to begin in the second half of 2030. "This state-of-the-art aircraft adds a new dimension to Air Canada’s long-haul capabilities, with impressive range, enhanced payload, and proven economics that unlock new possibilities for long-haul flying for our customers,” says the carrier's executive vice-president and chief commercial officer Mark Galardo. The A350s are likely to replace some of the 25 Boeing 777s in its fleet, comprised of 19 -300ERs and six -200LRs with average ages of 15.6 and 18.2 years, respectively, Cirium fleets data shows. The order for eight A350-1000s is in addition to the 14 787-10s that Air Canada expects to enter into service later this year, while it will add its first of 30 A321XLRs "in the coming months". The airline adds that it is continuing to take delivery of A220s, with 23 aircraft remaining from its firm order of 65, while an additional five Boeing 737 Max jets, on lease are expected to enter service in 2026.