TAP, the national airline of Portugal, reported a net loss of $122.6 million for the first quarter of 2025, underlining persistent financial challenges despite an improving global aviation environment. The carrier’s operating revenue fell 4.5% year-over-year, totaling $933.6 million, suggesting a drop in travel demand or yield compression on its primary routes.
Azul, one of Brazil’s largest airlines, is reportedly in advanced negotiations with creditors to secure approximately $600 million in emergency financing. This strategic move is aimed at sustaining operations through a potential bankruptcy process, which could be initiated as early as next week. The airline, like many others in Latin America, has faced significant financial turbulence over recent…
T’way Air, a low-cost airline based in South Korea, has postponed its extraordinary general meeting (EGM) to 24 June 2025, thereby delaying the finalization of its proposed acquisition of Daemyung Sono’s management rights. The move follows a delay in the anticipated ruling from the Fair Trade Commission (FTC), which is currently reviewing the proposed corporate combination.
Emirates and Air Mauritius have officially renewed their long-standing strategic partnership, which includes a reciprocal codeshare agreement, expanded frequent flyer cooperation, and enhanced cargo handling services. The renewed collaboration strengthens ties between the two carriers and broadens connectivity across Africa, Asia, and Europe.
Brussels Airlines, the flag carrier of Belgium, has announced the appointment of Filip Aerts as its new Chief Operating Officer (COO) and a member of the Management Board, effective 01 August 2025. Aerts will succeed Tilman Reinshagen, who is leaving the Lufthansa Group to pursue other opportunities.
WestJet, the Canadian carrier, has taken delivery of a Boeing B737-8 under lease, featuring manufacturer serial number 43301. The aircraft is powered by LEAP-1B27 engines, manufactured by CFM International, and is the latest addition to the airline’s growing 737 MAX fleet.
United Airlines has taken delivery of a new Boeing B737-9, bearing manufacturer serial number 67639, as part of its ongoing fleet modernization program. The aircraft is powered by LEAP-1B28 engines, developed by CFM International, and will enter service shortly to support high-frequency domestic and transborder routes.
Turkish Airlines has expanded its short- and medium-haul fleet with the delivery of an Airbus A321, carrying manufacturer serial number 6009 and powered by V2533-A5 engines from IAE (International Aero Engines). The new addition continues the carrier’s modernization strategy and growing narrowbody operations across Europe, the Middle East, and Central Asia.
Skymark Airlines, based in Japan, has confirmed plans to order six additional Boeing B737-8 aircraft, with deliveries scheduled to occur after fiscal year 2030. This move will bring the airline’s total B737 MAX 8 commitment to 15 aircraft, reinforcing its ongoing narrowbody fleet renewal program.
SATA Air Azores, the regional carrier based in Portugal, has confirmed that it will wet lease a De Havilland Q400 aircraft beginning 01 June 2025, for the duration of the summer travel season. With this addition, the airline’s operational fleet will expand to eight aircraft.
