• Volotea May Revive Alliance With Abra Group

    Volotea, the Spanish low-cost carrier, is evaluating a potential revival of its strategic partnership with the Abra Group, a UK-based airline investment firm. The renewed collaboration is reportedly contingent on the progress and final resolution of the proposed IAG (UK) acquisition of Air Europa (Spain), which is currently under regulatory and competitive review.

  • Thai Airways Completes Thai Smile Restructuring

    Thai Airways International has officially completed the restructuring of Thai Smile Airways, its wholly owned regional subsidiary. As a result, the group will move forward with the dissolution of Thai Smile, integrating operations as part of a broader strategy to streamline its business and improve cost efficiency.

  • Nepal Airlines Set For Restructuring, Says President

    Nepal Airlines, the state-owned flag carrier of Nepal, is set to undergo a comprehensive restructuring, according to a recent announcement by the country’s President, Ramchandra Paudel. The statement was made during a public address focused on broader efforts to reform and enhance the nation’s civil aviation sector.

  • Fly Modern Ark Joins LAM Audit, Seeks Unpaid Fees

    Fly Modern Ark (FMA), a South African aviation services provider, has expressed its full cooperation with the forensic audit of LAM Mozambique Airlines’ financial accounts, a process initiated amid growing scrutiny of the state-owned carrier’s governance. At the same time, FMA has been forced to initiate legal proceedings to recover outstanding payments for services rendered to the Mozambican airline.

  • APOC Appoints Craig Skilton As VP – Components

    APOC, a Netherlands-based specialist in aircraft component asset management and leasing, has announced the appointment of Craig Skilton as Vice President – Components. This strategic hire is expected to bolster the company’s growing global operations, particularly in the area of component trading and inventory management.

  • Air Chathams Denied Funding But Granted Fee Waiver

    Air Chathams, a regional airline based in New Zealand, has been denied direct financial support from the Whakatane District Council, despite its efforts to sustain connectivity to major cities. However, in a partial concession, the council has agreed to waive airport fees for the next six months, offering limited operational relief to the carrier.

  • Norwegian Converts State Loan Into Equity, Cuts Debt Load

    Norwegian, the low-cost carrier based in Norway, has confirmed that it will repay half of the $115 million convertible loan previously granted by the Norwegian government. The remaining balance of the loan will be converted into equity, effectively leaving the State with a 6.37% ownership stake in the airline.

  • China Airlines Sees 36.5% Profit Growth In Q1 2025

    China Airlines, the flag carrier of Taiwan, recorded a robust financial performance in the first quarter of 2025, with net profit rising 36.5% year-on-year to reach $153.7 million. The airline also reported total sales of $1.74 billion, reflecting strong recovery trends across both passenger and cargo operations.

  • Cebu Pacific Q1 Profit Drops Sharply Despite Revenue Growth

    Cebu Pacific, the leading low-cost carrier in the Philippines, reported a steep decline in profitability for the first quarter of 2025, despite strong revenue growth. The airline’s net profit plunged by 79.2% year-over-year, dropping to $8.4 million, even as total revenue rose by 20.2% to $549 million.