
Aviation · Strategy & Corporate Finance
An airline's journey from insolvency to profitability
Challenge
A regional carrier facing liquidity collapse, fragmented operations, and eroding customer trust needed a credible 24-month path back to profitability.
Solution
We led a balance-sheet restructuring in parallel with network redesign, dynamic pricing rollout, and a frontline service overhaul — sequenced to protect cash while rebuilding the brand.
Outcome
The carrier returned to positive EBITDA within eleven months and exited restructuring fourteen months ahead of plan, with NPS at a five-year high.

