Lufthansa has announced a significant adjustment to its domestic network, confirming plans to cancel approximately 100 flights per week across Germany in response to increasing operational expenses and government-imposed taxes. The reduction, which affects multiple domestic routes, is expected to continue through the summer 2026 season as part of the airline’s broader cost-management and restructuring strategy.
Fly Play (Iceland) has announced a major operational and financial restructuring, securing binding conditional subscription commitments for a $20 million convertible bond. This new funding is designed to support a strategic shift in its business model and network structure.
Libyan Airlines, the state-owned flag carrier of Libya, has issued a public statement refuting recent bankruptcy rumors, affirming that the airline remains operational. While the carrier acknowledges facing significant financial and technical challenges, it has confirmed that services continue and that government support is being actively pursued to stabilize operations.
Air Botswana, the flag carrier of Botswana, has appointed seasoned airline executive Dane Kondic as its new Chairman, tasking him with steering the airline through a critical recovery and restructuring phase. This leadership change comes as the carrier seeks to improve performance, rebuild market confidence, and position itself for sustainable growth.
Virgin Australia has officially marked its return to the Australian Securities Exchange (ASX) following a successful initial public offering (IPO) that raised $439 million, signaling a major step in the airline’s post-restructuring comeback. This IPO marks the airline’s second listing after its 2020 voluntary administration and subsequent ownership change under Bain Capital.
Garuda Indonesia is set to receive a substantial $405 million shareholder loan from Danantara Asset Management, Indonesia’s sovereign wealth fund, in a significant move aimed at bolstering the national carrier’s financial stability and operational recovery. This funding is part of a wider $1 billion support package intended to ensure the airline’s long-term viability.
Tarom, the flag carrier of Romania, has received shareholder approval for a $6.6 million capital injection from the Ministry of Transport, scheduled for late 2024. This move is a part of the airline’s ongoing restructuring strategy aimed at stabilizing operations and improving long-term viability.
Fiji Airways has confirmed that its Managing Director and CEO, Andre Viljoen, will be stepping down later in 2025 to take over as the Chief Executive Officer of Air Mauritius. This leadership transition marks a significant development for both carriers as they continue post-pandemic recovery efforts and strategic realignment.
AeroItalia, the Italy-based airline, has announced plans to divest its Romanian unit, Aeroitalia Regional, by the end of 2025. The decision comes as part of a broader restructuring initiative aimed at streamlining operations and sharpening the company’s strategic focus on its core markets.
South African Airways (SAA) has taken delivery of a 12-year-old Airbus A320, with manufacturer serial number (MSN) 5461, in Johannesburg, reinforcing its fleet amid measured expansion efforts. The aircraft joins SAA’s narrowbody operations under a leased arrangement, consistent with the airline’s current asset-light strategy.
