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Air New Zealand Forecasts Up To $112M FY2025 Earnings

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Air New Zealand has projected its earnings before taxation for fiscal year 2025 to fall within the range of $88 million to $112 million, a forecast that includes $20–24 million in expected compensation for aircraft that have been grounded. The airline disclosed that 11 aircraft remain grounded, primarily due to global supply chain challenges and delays in maintenance cycles.

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Skymark Airlines, based in Japan, has announced a delay in the start of delivery for six leased Boeing 737-8 aircraft, now expected to arrive after the first quarter of 2026 due to production delays. Despite this setback, Skymark’s plans to purchase an additional three B737-8s and three B737-10s for delivery in fiscal 2026-27 remain on schedule. The airline is actively managing its fleet strategy…

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Air Serbia Launches New Summer Routes to Ibiza, Mykonos, and Olbia

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Air Serbia has announced an exciting expansion of its summer 2025 schedule, introducing new seasonal routes from Belgrade to popular Mediterranean destinations Ibiza, Mykonos, and Olbia. This strategic addition aims to cater to the increasing demand for leisure travel to these sought-after summer hotspots.

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Airseven Posts Record Profit Of $1.2M In 2024

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Airseven (Denmark) has announced a net profit of US$1.2 million for the fiscal year 2024, its strongest financial performance since the airline’s establishment in 2020. The result represents a major milestone in the carrier’s development and reflects a successful rebound from early operational challenges and pandemic-related disruptions.

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Avelo Airlines Seeks $100M Funding With Jefferies

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Avelo Airlines has initiated a strategic financial initiative by appointing Jefferies, a leading global investment banking firm, to assist in raising between $75 million and $100 million. The capital raise is aimed at fueling the airline’s growth plans and strengthening its financial position amid a competitive and cost-sensitive environment.

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Tony Fernandes Criticizes Sustainable Aviation Fuel Viability

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Tony Fernandes, co-founder of AirAsia (Malaysia), has expressed skepticism about the practicality of sustainable aviation fuel (SAF), calling it an idea that “makes absolutely no sense.” Instead, Fernandes advocates for the aviation industry to focus on adopting new-technology aircraft and engines to achieve sustainability goals.

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Copa Airlines Appoints Robert Carey as EVP for Commercial and Operations

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Copa Airlines (Panama) has appointed Robert Carey, a seasoned industry professional, to the newly created role of Executive Vice President (EVP). Carey will oversee the airline’s Commercial and Operational areas, marking a significant step in enhancing Copa’s strategic management and leadership capabilities.