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Bamboo Airways Unveils 5-Year Strategic Plan To Break Even

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Bamboo Airways, one of Vietnam’s rising full-service carriers, has initiated a five-year strategic plan covering 2025 through 2030, aimed at achieving long-term financial sustainability and operational profitability. The carrier is actively working with strategic investors and consulting partners to guide this transition and prepare for its next phase of expansion.

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Wizz Air Loses Challenge Against EU-Approved Aid for TAROM

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Wizz Air, a low-cost airline based in Hungary, has lost its legal challenge against a $2.1 million capital increaseprovided by the Romanian government to TAROM, Romania’s national airline. This capital injection, aimed at supporting TAROM, was approved by EU competition regulators, and the EU General Court has now dismissed Wizz Air’s objections. Wizz Air argued that the state aid breached…

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Air Canada Issues Lockout Notice After CUPE Strike Warning

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Air Canada has issued a statutory 72-hour lockout notice to the Canadian Union of Public Employees (CUPE), which represents 10,000 flight attendants at Air Canada and Air Canada Rouge, after the union declared its intent to strike. The airline will conduct a phased suspension of most operations over the next three days, aiming for an orderly shutdown to minimize…

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Turkish Airlines Posts $650M Net Profit In H1 2025 Despite Higher Costs

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Turkish Airlines (THY) has announced a net profit of $650 million for the first half of 2025, marking a sharp decline from the $1.169 billion profit posted during the same period in 2024. The drop in profitability was primarily attributed to rising financing expenses and foreign exchange losses, which significantly impacted the bottom line.

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Akasa Air Executives Suspended by DGCA

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The Directorate General of Civil Aviation (DGCA) has suspended two senior executives of Akasa Air (India) for a period of six months, citing lapses in pilot training. The individuals affected are Niraj Bhatia, Director of Training, and Floyd Gracious, Director of Flight Operations. This regulatory action underscores the critical importance of maintaining rigorous standards in aviation training and operational oversight.