Air Mauritius has announced a net profit of MUR 252.7 million (EUR 4.9 million) for the first quarter of the 2025/2026 financial year, marking the airline’s best first quarter results in nine years. The figures were approved during the board meeting held on 14 August 2025 and reflect a strong performance achieved in spite of significant operational headwinds.
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Azul (Brazil) has had its credit rating downgraded to ‘SD’ (Selective Default) by S&P Global Ratings (US) after completing a distressed debt exchange. The downgrade reflects S&P’s classification of Azul’s recent debt restructuring as distressed, rather than a conventional market transaction.
ASL Airlines Belgium has expanded its cargo fleet with the recent delivery of a Boeing 737-800BCF (Boeing Converted Freighter), bearing serial number 29782, which is on lease and powered by CFM56-7B26 engines. This marks another addition to ASL’s growing portfolio of freighter aircraft in response to strong cargo demand across Europe and beyond.
Alaska Air Group (US) has introduced its ambitious “Alaska Accelerate” strategic plan, charting a three-year roadmap aimed at unlocking US$1 billion in incremental profit and significant value creation following its combination with Hawaiian Airlines (US). The strategy underscores the Group’s focus on delivering enhanced operational efficiency, improved profitability, and stronger shareholder returns.
Vietnam Airlines has announced a Request for Proposal (RFP) to secure a wet lease for two A320 or A321 aircraft, with an option for two additional units. This short-term lease is set to cover a one-month period from January 13 to February 12, 2025, aligning with a time of peak travel demand in the region. By pursuing a wet lease arrangement, Vietnam Airlines…
Hong Kong Airlines is exploring the possibility of incorporating the Comac C919 into its fleet as part of its strategy to reestablish itself as a key player in long-haul international aviation. Talks are currently underway with Comac, the Chinese aerospace manufacturer, signaling a potential partnership to enhance the airline’s operational capacity.
Air Canada has revealed Palma de Mallorca as the inaugural new destination for its Airbus A321XLR fleet, with flights from Montréal–Trudeau (YUL) set to begin on June 17, 2026. This marks the airline’s first use of the highly anticipated extra-long-range narrowbody and the first time a Canadian carrier will serve the Spanish island directly.
