News
US-Iran peace talks have collapsed. Trump has declared a naval blockade of the Strait of Hormuz. Lufthansa pilots are on strike today and tomorrow, cancelling 80% of Frankfurt and Munich departures. Airbus delivered 60 aircraft in March against 331 new orders.
News
A captain with 40 years of service deviated from his flight plan on his final flight before retirement to perform a low-altitude pass over the Westman Islands, where he grew up. Icelandair confirmed it had no prior knowledge of the manoeuvre and has referred the matter to police.
Analysis
British Airways holds 51% of all slots at Heathrow, inherited over fifty years and allocated free of charge by a government regulator. The standard airline valuation framework was not built for a company whose most valuable assets cannot be replicated at any price.
Analysis
ACI Europe has warned of systemic shortages within three weeks. The final Hormuz-sourced cargoes arrived at European ports around 10 April. What the crisis has exposed is not just a supply problem — it is a governance failure that nobody in Brussels saw coming because nobody was watching.
News
Turkish Airlines replaced its chairman, chief executive, chief financial officer and chief commercial officer simultaneously on Thursday. The filing offered one sentence of explanation. Bloomberg reported the incoming executives had met Erdoğan in Ankara the previous day.
Analysis
Delta's American Express partnership generates $8 billion annually. IAG Loyalty is valued at $10.3 billion — double what it was worth in 2020. A forensic look at how frequent flyer miles became the most valuable asset in commercial aviation, and why the market still hasn't priced it correctly.
Analysis
The Iran conflict has sorted the airline sector into two groups that were always structurally different but were previously priced as if they were the same. An independent analysis of which carriers have earned their current valuations — and which have not.
News
AirAsia is suspending ten routes from mid-April through May as fuel costs from the Middle East crisis hit Southeast Asian low-cost carriers. The suspensions reflect the global reach of a fuel shock that is eliminating marginal routes across every region, not just those with direct Gulf exposure.
News
EASA extended its UAE airspace conflict zone bulletin to April 24 with no changes — European carriers remain grounded on Dubai routes. Lufthansa has cancelled most of today's flights as cabin crew strike across all German airports.
News
Southwest Airlines exits Chicago O'Hare and Washington Dulles on June 4, ending a five-year experiment at both airports. All 15 O'Hare markets will remain available from Midway. Passengers with affected bookings can rebook free or request a full refund.
News
Lufthansa expects to cancel 80 to 90 percent of its flights on Friday April 10 as cabin crew union UFO stages a one-day walkout across all German airports. Austrian, SWISS and other Group subsidiaries are unaffected. Passengers can rebook free of charge or request a full refund.
Analysis
Fuel hedging is the financial instrument that separates the airlines absorbing the current crisis from those drowning in it. Here is how it works, why most US carriers abandoned it, and what its structural limits are — including the flaw the Iran war made visible.