| | |

flyadeal CEO Criticizes Airbus Over Narrowbody Jet Delays

ByAdmin

flyadeal (Saudi Arabia) CEO Steven Greenway has strongly criticized Airbus for persistent delays in the delivery of narrowbody jets, warning that these disruptions could also impact the airline’s plans for newly ordered A330neos. This public rebuke underscores the growing frustration among airlines that rely on timely aircraft deliveries to execute their fleet renewal and expansion strategies.

| | |

Southwest Airlines And China Airlines Group Plan Interline Partnership

ByAdmin

Southwest Airlines (US) and China Airlines Group (Taiwan) are engaged in discussions to establish a new interline partnership. This collaboration is expected to be formalized in early 2026, with ticket sales anticipated to commence later in 2025. Interline agreements allow airlines to coordinate schedules and provide smoother connections for passengers traveling on multiple carriers.

| | | | |

Aviation Capital Group Delivers A321neo to Wizz Air

ByAdmin

Aviation Capital Group (ACG) has announced the delivery of one A321neo to Wizz Air (Hungary), marking the fourth aircraft provided to the carrier under a comprehensive multiple-aircraft sale/leaseback agreement. This transaction underscores the robust partnership between ACG and Wizz Air and highlights the growing demand for next-generation aircraft in Europe’s low-cost carrier market.

| | |

Ryanair CEO O’Leary to Earn $111 Million in Shares

ByAdmin

Ryanair CEO Michael O’Leary is set to receive shares worth an impressive $111 million as part of a performance-based incentive program. The payout comes after the company met a significant performance target, signaling the airline’s robust operational and financial health despite industry challenges.

| |

Nok Air Plans $221M Capital Raise For Recovery

ByAdmin

Nok Air, a Thai low-cost carrier, is preparing to raise $221 million in new capital as part of its recovery strategy aimed at exiting its rehabilitation plan within the next three years. The capital increase will serve multiple operational and strategic needs, including purchasing engines, repairing existing aircraft, leasing new aircraft, enhancing passenger services, and funding working capital.

| |

SpiceJet Wins Appeal Against KAL Airways And Kalanithi Maran

ByAdmin

SpiceJet, one of India’s leading low-cost carriers, has scored a major legal victory after a division bench of the Delhi High Court dismissed an appeal filed by KAL Airways and former SpiceJet promoter Kalanithi Maran. The appeal sought over $152.7 million in damages along with other claims stemming from past financial and ownership disputes.

| | | | |

Jeju Air Adds Fourth B737-8 (MSN 66541) to Fleet

ByAdmin

Jeju Air, South Korea’s largest low-cost carrier, has expanded its modern fleet with the delivery of its fourth Boeing 737-8, carrying manufacturer serial number (MSN) 66541. The aircraft is powered by LEAP-1B engines, developed by CFM International, and continues the airline’s fleet renewal strategy centered on fuel efficiency and operational performance.

| | |

T’way Air Postpones Meeting to Finalize Daemyung Sono Deal

ByAdmin

T’way Air, a low-cost airline based in South Korea, has postponed its extraordinary general meeting (EGM) to 24 June 2025, thereby delaying the finalization of its proposed acquisition of Daemyung Sono’s management rights. The move follows a delay in the anticipated ruling from the Fair Trade Commission (FTC), which is currently reviewing the proposed corporate combination.

| |

flynas Raises $1.1B in IPO Valued at $3.6B

ByAdmin

flynas, the Saudi Arabian low-cost carrier, has officially priced its initial public offering (IPO) at $21.30 per share, successfully raising $1.1 billion. The offering saw overwhelming demand from institutional investors, achieving a remarkable 100-times oversubscription, and valuing the airline at approximately $3.6 billion.

| |

easyJet Posts $528.9M 1H Loss, Expects Strong Fiscal 2025

ByAdmin

easyJet, the UK-based low-cost carrier, has reported a headline loss before tax of $528.9 million for the first half of its fiscal year ending 31 March 2025. Despite the loss, group revenue rose 8% year-on-year to $4.7 billion, indicating ongoing recovery in passenger demand and network expansion.