SAS (Scandinavian Airlines) and Air Europa have signed a new codeshare agreement aimed at improving air connectivity between Scandinavia and the Iberian Peninsula. This partnership represents a strategic move by both airlines to expand their route networks and offer greater convenience to their passengers.
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Air India has officially commenced the widebody retrofit programme for its legacy Boeing 787-8 fleet, marking a major milestone in its US$ 400 million fleet enhancement initiative. The first aircraft, VT-ANT, departed in July 2025 for Boeing’s facility in Victorville, California, to undergo a full interior transformation. A second 787-8 will follow in October, with both scheduled to return to service in…
Lufthansa Group, the parent company of several major European airlines, is preparing to unveil a new restructuring initiative titled “Matrix Next Level.” The project is aimed at simplifying the Group’s corporate structure, streamlining operations, and enhancing managerial efficiency across its portfolio of carriers.
Voepass Linhas Aéreas, a regional carrier in Brazil, has officially filed for bankruptcy protection, citing business disruptions stemming from its relationship with LATAM Airlines as a principal factor in its ongoing financial crisis. The filing comes as Voepass reports a total debt burden of approximately US$36.7 million.
Maldivian, the national carrier of the Maldives, has taken delivery of its first Airbus A330-200, with serial number 1161. The aircraft, acquired on lease, is powered by CF6-80E1A3 engines and marks a significant milestone in the airline’s fleet expansion and operational growth.
Turkish Airlines (THY) has announced a net profit of $650 million for the first half of 2025, marking a sharp decline from the $1.169 billion profit posted during the same period in 2024. The drop in profitability was primarily attributed to rising financing expenses and foreign exchange losses, which significantly impacted the bottom line.
Lufthansa Group has announced an operating profit (Adjusted EBIT) of €1.3 billion for Q3 2024, reflecting robust performance during a strong summer travel season.
