UK low-cost airline easyJet expects to report a £540 million to £560 million headline loss before tax for HY1 of its financial year 2026, which ended in March. The guidance, given today in a trading update, is higher than the…
Norse Atlantic has raised $110 million in gross proceeds through a rights issue to strengthen the airline’s financial position. At the same time, the Norwegian carrier has launched a strategic review that could result in a sale, merger, or partnership,…
In response to the slowdown in outbound domestic traffic due to higher fuel prices and exchange rates, Korean Air is trying to attract extra inbound and transit traffic to Korea. The airline has also implemented cost reductions this month to…
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Qantas , amid continuing uncertainty due to the conflict in Iran, has provided an update to stakeholders, including its investors, on its FY26 capacity and unit revenue developments over the last months of the fiscal period. On April 14, 2026,…
South African Airways CEO Professor John Lamola and three non-executive directors resigned on a Friday afternoon. If you know anything about corporate communications, you know what a Friday afternoon announcement means. Here we go again. South African Airways (SAA) is…