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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.

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PLAY Airlines Cancels Multiple Routes in 2025

PLAY Airlines, Iceland’s low-cost carrier, has announced the cancellation of several routes in its 2025 schedule. The affected routes include flights from Reykjavik Keflavik to Gothenburg, Hamilton, Palma de Mallorca, and Stockholm Arlanda. This decision reflects the airline’s strategy to optimize its network and focus on routes with higher demand.

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airBaltic Cancels 4,670 Flights in Summer 2025 Due to Engine Shortage

airBaltic (Latvia) has been forced to cancel 4,670 flights scheduled across all its bases for the summer 2025 season. The cancellations come as a direct result of Pratt & Whitney (US) informing the carrier that several of its A220-300 aircraftwill remain grounded well into 2025 due to ongoing engine shortages.

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United Airlines Cuts Multiple Routes for Summer 2025

United Airlines, a major US carrier, has announced adjustments to its route network, including the discontinuation of its Los Angeles–Tulum route and the suspension of flights from Newark and Chicago during summer 2025. These changes reflect the airline’s efforts to streamline operations and optimize its network amid evolving market conditions.

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Eurowings Cancels Berlin-Ljubljana Route Plans

Eurowings, the low-cost subsidiary of Lufthansa, has announced that it will no longer proceed with plans to launch flights between Berlin and Ljubljana, which were initially set to begin on 12 April 2025. The cancellation marks a change in the airline’s route development strategy and reflects shifting priorities within its network planning. No specific reasons for the decision have been…

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Sundair to Withdraw Operations from Lübeck Airport

Sundair, a German airline, has announced it will withdraw its operations from Lübeck Airport, where it previously based one aircraft. This decision marks a strategic shift for the airline, which has been serving Lübeck as part of its regional route network. The withdrawal is expected to impact travelers using Lübeck Airport for direct Sundair flights, as the airline…