Blue Islands turboprops detained in Guernsey
November 21, 2025
Two turboprops formerly operated by Blue Islands have been detained at Guernsey airport over unpaid fees. Mark Helyar, president of the States' Trading Supervisory Board, which has responsibility for Guernsey ports, states that it "wouldn’t be appropriate at this stage to give all of the detail about the amount Blue Islands owes" but that the charges relate to operational costs, such as landing fees. Blue Islands ceased operations on 14 November. "Naturally, I want to do everything possible to ensure Guernsey taxpayers receive the money owed to them. As such, on Saturday [15 November] we took the decision to detain the two Blue Islands aircraft currently at Guernsey Airport. "These are aircraft leased by Blue Islands, but under the relevant Guernsey law – which is similar to legislation elsewhere in this regard – such aircraft can be held by authorities in order to assist with recovery of monies owed. We will take all steps within our authority to recover monies owed." The two turboprops are registered as G-ISLP and G-ISLM. Data lists these as MSN 1167, leased from Jetstream Aviation Capital, and MSN 762, leased from Abelo. Abelo chief executive Stephen Gorman tells Cirium that "like all lessors to Blue Island, we will be looking to take possession of our aircraft", adding: "There is very high demand [for] these aircraft." Stuart Klaskin, chief executive of Jetstream Aviation Capital, confirms that MSN 1167 is currently on the ground in Guernsey. "It is correct to state that are some monies owed against the aircraft in an amount which we are working with the appropriate authorities to determine, and which we expect will be cleared in due course," he states. On 17 November, Stuart Gardner, Simon Edel and Dan Edkins of EY were appointed as Blue Islands' joint liquidators. The appointment was made by way of a shareholder resolution under Alderney company law, says EY. The liquidators note that Blue Islands is a privately owned company registered in Alderney and operated out of Jersey and Guernsey. It has a fleet of five leased ATR aircraft and employed circa 110 people, most of them based in the Channel Islands. The majority of the airline's staff have been made redundant, but 12 employees have been retained to support the "orderly wind-down of the company", says EY. When asked about the detained turboprops, a spokesperson for the liquidators said they would be "declining to comment on specific assets".
Turkish to sell holding in Air Albania
November 20, 2025
Turkish Airlines has elected to sell its shareholding in Air Albania. In a 19 November regulatory statement, the carrier says its board of directors has decided to sell its 49% holding in the airline. Any material developments will be shared with its investors, it adds. Air Albania was established in 2018, with Turkish as a key backer with an investment of $30 million for a 49% stake. A special-purpose vehicle linked to lessor GA Telesis brought legal action against Air Albania and Turkish Airlines in August alleging breaches of leases of two Airbus A320s. A particulars-of-claim form submitted to the UK high court on 1 August shows that GAT Aircraft & Engine Leasing is seeking damages and/or other relief from Air Albania in relation to leases entered into in February 2023 for two A320s (MSNs 3676 and 4934). GA Telesis declines to comment on the action, while Cirium has contacted Air Albania for comment.
Jet2 half-year profit rises amid late-booking trend
November 20, 2025
Jet2 increased revenue and operating profit in its last six months of trading, amid a continued late-booking profile among customers. Operating profit came in at £715 million ($938 million) for the period ended 30 September, up 2% year on year. Revenue was up 5% at £5.34 billion. Jet2 cites a "fast-moving, late-booking market". Chief executive Steve Heapy states: "We are very pleased to report another record financial performance for the first half of the year, illustrating how our flexible operating model can adapt to changing consumer behaviour. "Customers may be booking later, but it is clear they still want their well-earned holidays in the sun with a brand they can trust." Jet2 says that winter 2025/26's on-sale seat capacity is currently 7.7% higher than winter 2024/25's. at 5.5 million seats, and observes that the late-booking profile of summer 2025 is continuing. Its full-year expectations remain unchanged, excluding the start-up investment required for the opening of its new London Gatwick base. Jet2 says it is "on track to deliver in line with market expectations".