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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.

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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.

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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.

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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.

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Spain’s Popular Party Presses Government Over $913M Airline Debt

Spain’s Popular Party (PP) has launched a coordinated political campaign in Ibiza’s city councils and the Island Council of the Balearic Islands, calling on the Spanish government to immediately settle an estimated $913 million debt owed to airlines. The unpaid amount relates to resident travel discounts that carriers have already provided but not yet been reimbursed for.

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Equatorial Guinea Taps Lufthansa Consulting To Restructure Ceiba

The government of Equatorial Guinea has formally entered into a collaboration agreement with Lufthansa Consulting, the advisory arm of the Lufthansa Group, to assist in the evaluation and restructuring of Ceiba Intercontinental, the country’s national airline. The initiative is aimed at overhauling Ceiba’s operational performance and financial health.

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Tulpar Air Sues Founder Azat Khakim For $3 Million In Damages

Tulpar Air, a Russian aviation company, has initiated legal proceedings against its founder and former chairman Azat Khakim, filing a lawsuit with the Arbitration Court of Tatarstan to recover $3 million in damages. The claim centers on alleged financial misconduct or mismanagement that the company says caused measurable harm to its operations and reputation.

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WestJet Takes Delivery Of B737-800 On Lease

WestJet, the Canadian low-cost and leisure airline, has expanded its narrowbody fleet with the delivery of a Boeing B737-800, serial number 39959, which is powered by CFM56-7B26 engines. The aircraft has been added to the airline’s fleet on lease, as part of its ongoing growth and fleet renewal strategy.

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SmartLynx To Retire A321F And Transfer B737-8s By 2025

SmartLynx Airlines, based in Latvia, has announced plans to significantly adjust its fleet strategy by the end of 2025. The airline will retire its last Airbus A321F freighter and will transfer all Boeing B737-8 aircraft to sister carriers under its parent group structure by autumn 2025.