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Spirit Airlines faces a potential liquidation as a $360 million fuel cost spike threatens to exhaust its $337 million cash reserve. Creditors are now questioning the viability of the carrier’s planned summer exit from its second bankruptcy.
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easyJet expects an H1 loss of up to £560 million as Middle East volatility and legal hits offset record 90% load factors. Although revenue per seat rose 3%, a £25 million fuel spike has eroded margins. Detailed results are due May 21.
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Lufthansa has been disrupted by its own workforce for five consecutive days with no mediation in sight. Ryanair secures fuel supply to mid-May — four weeks of visibility before peak summer. Pakistan targets end of April for PIA privatisation handover.
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Lufthansa cabin crew begin a two-day walkout today — the fourth strike action in six days. Boeing delivered 143 aircraft in Q1, its best first quarter since 2019. Virgin Australia holds FY26 guidance. Singapore Airlines extends Dubai suspension to 31 May.
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Virgin Australia has maintained its FY26 profit guidance after hedging 92% of Brent crude exposure limits the Middle East fuel shock to A$30–40m above prior forecasts — against a A$800m revision at Qantas.
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Scott Kirby pitched a United-American merger to Trump in February. A combined carrier would control 30% of US domestic traffic. The antitrust obstacles are substantial.
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Lufthansa's pilot strike ends tonight after 800 cancellations and 100,000 passengers affected. Qatar Airways resumes Amman and Beirut. Turkish Airlines carried 7.2 million passengers in March — up 16%. Airbus Q1 deliveries fell 16% as Pratt & Whitney engine shortages cut A320-family output by 24%.
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Heathrow handled 6.65 million passengers in March — its busiest ever — as Middle East traffic fell 51% and transfer passengers spiked 10%. The data published this morning shows demand redistributing sharply across the long-haul network as the Iran conflict reshapes global aviation flows.
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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.
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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.
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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.
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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.