Jet2, the UK-based leisure airline, is set to expand its fleet with the addition of 14 new Airbus A321neo aircraft, powered by CFM International engines. The airline expects these deliveries to bring its total A321neo fleet to 23 aircraft by the end of summer 2025. However, some of these aircraft deliveries will be delayed, leading to higher operational costs during the transition period.
Turkish Airlines (THY) has had its request to operate five additional weekly flights to Canada from April 1, 2025, denied by Canadian authorities. The request, which sought extra-bilateral authority, was rejected as it would substantially modify the negotiated air service agreement outside of the formal renegotiation process.
Spirit Airlines (US) has secured $150 million in compensation from Pratt & Whitney, addressing financial losses stemming from GTF engine removals affecting its Airbus fleet. The airline anticipates further payments, as engine replacement and maintenance challenges are expected to continue through 2026 and beyond.
Allan Goh Hwan Hua, co-founder of MYAirline (Malaysia), and several related entities have been hit with a lawsuit from 206 investors, alleging a combined financial loss of $15.1 million. The case adds to the growing scrutiny surrounding MYAirline’s business dealings and financial stability.
International Airlines Group (IAG) is exploring the potential launch of a new low-cost carrier (LCC) in Madrid, should salary negotiations with Iberia Express pilots fail to reach a resolution. At the same time, the Group is reconsidering its position in Air Europa, weighing the possibility of maintaining its 20% stake without participating in an upcoming capital increase.
Z Air (Bonaire) has secured a legal victory against the Sint Maarten government, following a court ruling that determined the Civil Aviation Authority of Sint Maarten (CAA) imposed unlawful and unnecessary conditions on the airline’s flight permits.
Rex Group (Australia) has officially commenced a sale and/or recapitalization process, following its recent financial difficulties. EY Australia, the appointed administrator, is overseeing the restructuring, aiming to secure the airline’s future through a potential sale or new capital injection.
Regional Express (Australia) has officially entered the sale process, as administrators work to find a buyer for the collapsed regional airline. The development comes over a week after the Australian Labor government suggested it could step in and purchase the airline should private investors fail to materialize.
Hawaiian Airlines has confirmed further delays in the delivery of its remaining Boeing 787s, with the timeline now extending out to 2029. This follows an update from Boeing, as the manufacturer continues to face production and supply chain challenges.
airBaltic (Latvia) is considering pushing back its planned IPO to early 2026, as CEO Martin Gauss acknowledged that ongoing engine delivery challenges are restricting the airline’s growth trajectory.
