Air China has released a profit warning ahead of its first-half 2025 financial results, indicating that the airline anticipates a net loss between US$237 million and US$306 million. The forecast underscores continuing pressures on China’s flag carrier amid a difficult operating environment marked by increased fuel costs, competitive pricing, and a slower-than-expected international market recovery.
Jetstar Airways, based in Australia, and IndiGo, India’s largest airline by market share, have announced a new codeshare agreement scheduled to go into effect on 01 September 2025. This strategic partnership aims to provide expanded travel options and streamlined connectivity between destinations in India, Southeast Asia, and the Pacificregion.
Etihad Airways, the national carrier of the United Arab Emirates, has signed a codeshare agreement with SKY express, a growing regional airline based in Greece. The partnership aims to significantly expand Etihad’s reach in the Eastern Mediterranean, granting its passengers access to 24 Greek island destinations and three additional cities in the region through seamless connections via Athens International Airport.
Air Canada and ITA Airways, Italy’s national carrier, have officially launched a codeshare agreement designed to significantly expand travel options between North America and Europe. The partnership enables passengers of both airlines to access over 30 new one-stop itineraries, enhancing connectivity between Canadian cities and various Italian and European destinations.
Finnair, the national carrier of Finland, has successfully concluded labor negotiations with the Palta and IAU unions, resulting in a mutually approved settlement proposal that lays the foundation for a new collective labor agreement. This breakthrough comes at a critical time, as the resolution averts a series of planned strikes that could have severely disrupted operations across the airline’s network.
El Al Israel Airlines has announced that its Chief Executive Officer, Dina Ben-Tal Ganancia, will be stepping down from her role later in 2025, concluding a tenure that began in 2022. Her departure will mark the end of a critical chapter in the Israeli flag carrier’s post-pandemic recovery and modernization effort.
Azul, one of Brazil’s leading airlines, has formally appointed SkyWorks Capital, a U.S.-based financial advisory firm, to serve as its Fleet Restructuring Financial Advisor during the carrier’s ongoing Chapter 11 bankruptcy proceedings. This strategic engagement signals Azul’s intent to restructure its fleet obligations in a way that supports long-term operational sustainability and cost reduction.
Air Belgium has announced plans to phase out its two A330-200F aircraft by the end of August 2025, marking a significant change in the airline’s cargo operations. These aircraft have been operating under a lease agreement with Altavair AirFinance, a U.S.-based lessor specializing in commercial aircraft financing and leasing solutions.
Ryanair, Europe’s largest low-cost airline, has called on Austria to abolish its passenger tax and reduce airport charges, threatening to reduce or eliminate flight services if its demands are not met. In exchange, the airline has proposed a substantial investment: to base 10 Boeing 737 MAX 8200 aircraft in the country, a move that would significantly expand its Austrian operations.
Petro Air, a Libyan aviation company, has announced plans to establish a new airline subsidiary named Libyan Oil Wings, formed through a joint venture with Harmony Group (Malta) and Delta United Group (Libya). The venture is strategically aimed at serving the energy and oil sector, which constitutes a critical part of Libya’s economy and transportation demand.
