Hainan Airlines of China and Air Europa of Spain have officially begun a new codeshare partnership effective 01 July 2025, significantly expanding their global reach. This cooperation interconnects the carriers’ networks across Asia, Europe, and Latin America, offering seamless travel options for passengers through integrated flight schedules and shared codes on select routes.
AirExplore, a Slovakian ACMI and cargo operator, has announced the sublease of one Boeing 737-800F freighter to ASL Airlines Belgium. The move marks another step in the regional redistribution of freighter capacity across Europe as cargo operators continue to optimize their fleets for evolving demand patterns.
SAS (Scandinavian Airlines) has announced a significant fleet modernization move with a firm order for 45 Embraer E195-E2 aircraft, along with options for an additional 10 units. Deliveries are scheduled to begin in late 2027 and will span over approximately four years. This represents one of the largest regional jet commitments in SAS’s history and signals a transformative shift in its short-haul operations.
Saudia Cargo and China Cargo Airlines have signed a new cooperation agreement aimed at enhancing air freight connectivity between Asia, the Middle East, and Europe. The agreement represents a strategic initiative by both carriers to expand their cargo reach through collaborative planning, resource sharing, and network optimization.
Croatia Airlines has taken delivery of a new Airbus A220-300, bearing manufacturer serial number (MSN) 55357, as part of its comprehensive fleet renewal program. The aircraft is powered by PW1521G-3 engines, manufactured by Pratt & Whitney, offering significant gains in fuel efficiency and reduced emissions.
Cusco Aviation, a U.S.-based aviation services firm, has completed a dual transaction involving the sale and subsequent lease of an RB211-535 engine within the European region. This activity further demonstrates the company’s growing role in asset management and aftermarket support, particularly in sourcing, monetizing, and redeploying mature engine platforms.
Turkish Airlines is actively evaluating a potential investment in Air Europa, with intentions to submit a bid for a minority stake in the Spanish carrier. This move aligns with Turkish Airlines’ broader strategy of expanding its European footprint and securing a stronger presence in the Iberian Peninsula. The development comes amid a competitive bidding process, with binding offers due in…
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…
