My Freighter and Icelandair Cargo have signed an interline agreement that aims to establish a new cargo gateway through Iceland, offering expanded connectivity for global freight services. This agreement marks a strategic milestone for both airlines as they seek to enhance their international cargo operations and strengthen their positions in a competitive market.
Ryanair Holdings, Europe’s largest low-cost carrier, has reported a 16% decline in profit after tax for the fiscal year ending March 31, 2025, with net earnings dropping to $1.79 billion, even as revenues rose 4% year-on-year to $15.5 billion. The dip in profitability highlights the complex operating environment and evolving cost dynamics the airline is navigating.
Norwegian has outlined a new initiative known as Program X, aiming to significantly boost its long-term financial performance. The program, announced as part of its strategic planning, sets a clear goal of delivering a profit improvement exceeding $96.4 million annually starting from 2026. This target marks a critical step in Norwegian’s post-pandemic recovery efforts and reflects a broader trend…
Airbus, Europe’s leading aircraft manufacturer, delivered approximately 55 commercial aircraft in April 2025, maintaining steady output despite ongoing challenges with engine supply chains, particularly for its high-demand A320neo family. The shortage of engines continues to disrupt production schedules and delay customer deliveries.
Austrian Airlines reported a revenue increase of 14% in the first quarter of 2025, reaching US$521 million, but still ended the quarter with a negative adjusted EBIT of US$126 million. This performance highlights the persistent challenges faced by European carriers during the traditionally weaker winter months.
KlasJet, a Lithuania-based charter and ACMI operator, has announced the seasonal relocation of one of its Boeing B737 aircraft from Dubai to Europe, beginning in April and continuing through the end of summer 2025. The move responds to rising demand for bespoke charter operations across the European market during the peak travel season.
GlobalX expects passenger ACMI to remain a core driver of its business, with further expansion anticipated in 2025. Growth will be supported by additional aircraft deliveries in the second half of the year, alongside strengthened partnerships across North America and Europe. The airline is focused on scaling its ACMI operations, ensuring flexibility and capacity for airlines requiring short-term and seasonal capacity solutions.
Qatar Airways has announced the launch of four weekly flights between Malta and Doha, set to commence in July 2025. The route will be operated using the Airbus A320, providing passengers with a comfortable and efficient travel experience.
Avolon (Ireland) has released a forecast predicting that growth in the Asia-Pacific region will be the primary driver behind global airline revenues surpassing $1 trillion for the first time in 2025. The report highlights the region’s rapidly expanding air travel market and its pivotal role in shaping the future of global aviation.
Air Senegal has embarked on a comprehensive restructuring process, according to its CEO, Tidiane Ndiaye. The company’s strategy focuses on strengthening its operations within Africa before expanding further into Europe. This approach is designed to solidify the airline’s position in regional markets and build a foundation for broader international growth.
