Airlines & Lessors

Although airline revenues are estimated to once again exceed $1 trillion for the third year running, IATA projects net profits will only reach $23 billion in 2026—a significant reduction from the $41 billion the association forecasted last December.

The option becomes Air India’s fourth economy fare category since it introduced a price-segmented economy cabin in 2024.

FAA extends 777 nacelle upgrade deadline to 2033 while giving Boeing until 2029 to finalize Pratt-powered fleet modifications.

LATAM is preparing for its Premium Comfort cabin rollout and Airbus A321XLR deliveries as corporate demand remains steady despite geopolitical tensions.

Washington Manassas Airport prepares for commercial service with a new terminal and a $38M control tower as an unnamed carrier plans a 2027 launch.

Qatar Airways appoints a new chief operating officer and chief customer officer as it reaches 85% network recovery with its 160-destination summer schedule.

SAF producers and proponents of electric flight urge the EC to extend the European Union Emissions Trading System to flights departing the 27-nation EU bloc.

African ministers reaffirm a commitment to advance accessible, connected, affordable and sustainable air transport across Africa.

JetBlue shifts operations from New York to Fort Lauderdale, dropping Newark routes and closing crew bases to focus on former Spirit markets.

SATA Air Azores plans to lease additional Dash 8-400s while maintaining Dash 8-200s for island routes until replacement aircraft become available.

Low-cost, long-haul carrier French bee is launching a new seasonal flight from Paris Orly to two destinations: Colombo, Sri Lanka, and the Maldives.

CMA CGM Air Cargo moves to acquire Paris-based maintenance provider Crystal Aero Solutions to support its growing freighter fleet.

Boeing opens China's largest single-span MRO hangar at Shanghai Pudong with capacity for six aircraft simultaneously.

The agreement intended to bring an end to conflict in the Gulf and reopen the Strait of Hormuz will potentially give Iran the opportunity to rebuild its civil aviation fleet.

IndiGo has received three of the long-range narrowbodies, and four more low-cost carriers in the region have placed orders.

Dublin Airport operator daa has welcomed Ireland’s proposed legislation to remove the airport’s controversial 32 million-passenger cap.

Alaska Airlines has promoted its current CFO Shane Tackett to President; in the new role he’ll continue to lead Alaska’s finance, fleet management, investor relations, supply chain and other functions.

Qantas plans to launch non-stop services from Sydney to London in October 2027, the services will be daily and will be using Airbus A350-1000ULRs

The aircraft marks a significant step in the carrier’s efforts to expand its domestic and regional connectivity; it is the first of two Twin Otter Classic 300-Gs Ethiopian has ordered.

Turkish Airlines has outlined plans to launch scheduled service to Lima, Peru, marking a further step in the carrier’s Latin American expansion.

Riyadh Air secures U.S. DOT approval for flights to America and expands its network with new routes to Europe and the Middle East.

MEA plans A321XLR deliveries and new LCC despite Lebanon conflict impacts, aiming to restore 70% of network by June.

The conclusion to a long-running debate in Brussels over reforms to European passenger rights legislation has united industry executives in disappointment.

Asiana Airlines has increased its stake in its affiliate LCC Air Busan, in preparation for the integration of Air Busan with Korean Air subsidiary Jin Air.

Frontier and JetBlue are emerging as the largest beneficiaries of Spirit Airlines’ collapse, but the latest schedule data suggests that nearly half of the ULCC’s former capacity remains unfilled.