NOVUS AVIATION CAPITAL launched TAMWEEL AVIATION FINANCE III closed end fund, co-sponsored between Airbus, Development Bank of Japan and Novus, for financing Airbus aircraft. TAF II has now fully committed its allotted funds.
As fuel costs spike and its reorganization plan weathers scrutiny, Spirit Airlines is again facing questions about its ability to emerge from Chapter 11 as a going concern.
The steep increase in oil prices since the war between the U.S., Israel and Iran began is even more acute for airlines, which are seeing costs of jet fuel increase from around $90 per barrel (p/b) to between $180 and $220 p/b.
Lufthansa Group is making major fleet cutbacks to deal with both the sharp rise in fuel costs and prolonged and bitter disputes with pilot and cabin crew unions.
VietJet is expanding its footprint in China with the addition of five routes as part of efforts to deepen economic and aviation ties between the two countries.
EasyJet expects to report a headline loss before tax of between £540 million ($732 million) and £560 million for the first half of its 2026 financial year.
At AIX, Diehl Aviation is showcasing an improved version of the lav it has been designing for better accessibility, focusing on visual and hearing impairments.
Swedish airport operator Swedavia is seeking to restore connectivity to Asia-Pacific markets after the wars in Ukraine and the Middle East disrupted air links.
Hokkaido Airports is targeting further expansion in Southeast Asia and long-haul markets, as it looks to balance strong winter demand with year-round growth.
Allegiant and Sun Country Airlines have new approval from the U.S. Transportation Department for their merger and now expect the deal to close as early as May 13.
Boeing’s is showcasing cabin sustainability improvement projects at AIX, focusing on smarter use of consumables, material recycling and waste reduction.
