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SriLankan Airlines Shelves Privatization, Plans New Management

SriLankan Airlines will no longer undergo privatization, according to a decision by the Sri Lankan government to retain national ownership of the carrier. The move reverses earlier intentions to offload the state-run airline and instead pivots toward internal reform through a new management structure designed to drive profitability.

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Hawaiian Airlines and Virgin Australia to End Frequent Flyer Partnership

Hawaiian Airlines (US) and Virgin Australia have announced that they will terminate their reciprocal frequent flyer cooperation on July 1, 2025. This change means that members of HawaiianMiles and Velocity Frequent Flyer will no longer be able to earn or redeem miles across both airline networks after this date.

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DHL Express Ends Partnership with SmartLynx Airlines

DHL Express, a leading global logistics company, has terminated its partnership with SmartLynx Airlines as of February 1, 2025. This decision impacts the operations of SmartLynx Malta, a subsidiary of SmartLynx Airlines, which had been operating four aircraft for EAT Leipzig, a German cargo airline and DHL subsidiary.

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Air Peace to Suspend Lagos-Johannesburg and Lagos-Lomé Flights in Late February 2025

Air Peace, a leading Nigerian airline, has announced the suspension of its flights from Lagos to Johannesburg, South Africa, and Lomé, Togo, effective late February 2025. The final flight to Johannesburg is scheduled for February 23, 2025, while the last service to Lomé will be on February 24, 2025. These routes are currently operated using Embraer E195-E2 and Embraer ERJ145 aircraft.

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Somalia Airlines Suspend Flights Over Government Fee Hike

Somalia Airlines Operators Association, representing the interests of Somalia’s airline industry, has announced the suspension of all domestic and international flights starting January 22, 2025. This decision comes in response to a sharp increase in fees imposed by the federal government, which the association deems unsustainable for continued operations.

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AK Holdings Cancels Corporate Bond Issuance for Jeju Air

AK Holdings Co., the parent company of Jeju Air, has announced the cancellation of its planned corporate bond issuance. The company has also requested the credit rating agency to withdraw the associated rating for the bond. This decision marks a shift in AK Holdings’ financing strategy as it navigates ongoing challenges in the aviation sector.