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Turkish Airlines Invests €300M in Air Europa

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Air Europa has formally agreed to a €300 million (approximately $349 million) investment offer from Turkish Airlines in exchange for a minority stake in the Spanish carrier. The strategic move is designed to bolster Turkish Airlines’ reach into the Latin American market, a region where it seeks deeper connectivity despite the two carriers belonging to different global alliances—SkyTeam for Air Europa and Star Alliance for Turkish Airlines.

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Ethiopian Airlines Adds Boeing 777 Freighter to Fleet

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Ethiopian Airlines, Africa’s largest airline, has expanded its cargo fleet with the delivery of a Boeing 777 Freighter, identified by serial number 68140. The aircraft is powered by GE90-110B1 engines, known for their exceptional performance and efficiency. The Boeing 777F is one of the most advanced freighters in the market, offering unmatched payload capacity and long-range capabilities. Its addition to…

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Air Mauritius Secures $176M Equity Boost from Airport Holdings

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Air Mauritius has received a critical financial lifeline from its parent company, Airport Holdings Ltd (AHL), which has formally converted a US$176 million shareholder loan into equity. This move comes as AHL acknowledges the airline’s ongoing financial challenges and aims to stabilize its capital structure during a period of fiscal strain.

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British Airways–Qatar Airways JV Extended by New Zealand, Now Includes Iberia

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British Airways and Qatar Airways have received a five-year extension from the New Zealand government on their existing joint business agreement (JBA), reinforcing the strategic cooperation between the UK and Qatari flag carriers on flights to and from New Zealand. In a significant expansion of the agreement, Iberia—the national airline of Spain—has also been officially included in the refreshed deal.

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Air Serbia Forecasts $806M Revenue With 4.7M Passengers

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Air Serbia has announced its expectations for 2025, forecasting that the airline will carry over 4.7 million passengersduring the calendar year. Accompanying this ambitious traffic target, the airline projects revenue to surpass $806 million, a significant step forward from its previous benchmarks and a strong indication of its growing market presence and operational momentum.