Bamboo Airways, one of Vietnam’s rising full-service carriers, has initiated a five-year strategic plan covering 2025 through 2030, aimed at achieving long-term financial sustainability and operational profitability. The carrier is actively working with strategic investors and consulting partners to guide this transition and prepare for its next phase of expansion.
Mikhail Minaev, the former fleet planning director at Aeroflot, is facing criminal charges over an alleged US$48.7 million fraud scheme related to aircraft leasing contracts. The case involves leasing transactions for 28 Airbus A320 and A321 aircraft signed between 2016 and 2018, when Minaev held a senior position in the airline’s fleet acquisition division.
Wizz Air, the Hungary-based ultra-low-cost carrier, is currently engaged in discussions with Airbus to modify its existing order for 47 A321XLR aircraft, considering a partial conversion to the A321neo variant. The update was disclosed by CEO József Váradi, reflecting the airline’s evolving operational requirements and strategic focus.
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.
Air France-KLM has announced that Angus Clarke, Executive Vice President and Chief Commercial Officer (CCO), will resign from his role effective 31 August 2025. The resignation marks a significant executive transition at the top level of one of Europe’s largest airline groups.
Norwegian, one of Europe’s largest low-cost carriers, is actively considering the Embraer E195-E2 as part of its future fleet development plans. CEO Geir Karlsen has identified the aircraft as a strong candidate to support regional expansion and network optimization, as the airline aims to refine its short-haul operations.
VietJet, the Vietnamese low-cost airline, has announced the appointment of Nguyen Thanh Son as its new Managing Director, effective immediately. He takes over the executive position from Dinh Viet Phuong, as the airline continues to strengthen its leadership team to support its long-term growth strategy.
Tunisair, the national airline of Tunisia, is undergoing a major governance shakeup as the government dismissed chairman Habib Mekki and implemented leadership changes across the organization. The move comes in response to persistent issues including corruption allegations, flight disruptions, and declining operational performance, prompting closer state monitoring of the airline.
SriLankan Airlines has engaged Lazard Freres (France) as its financial adviser and Norton Rose Fulbright (UK) as its legal adviser to navigate a complex restructuring of its 2024 bonds, valued at approximately $209 million. The move comes amid mounting financial strain on the national carrier, which has struggled with ongoing losses and rising debt obligations.
