The US and Iran agreed a ceasefire framework over the weekend that would reopen the Strait of Hormuz — Brent crude has fallen 10% in a week to $88. Saudia took delivery of the first A321XLR in the Gulf. Air France resumes Riyadh today and Dubai from June 3 as European carriers set firm return dates.
AirAsia confirms its London Gatwick route relaunches in August as fuel costs ease and fares fall. Turkish Airlines brings back premium economy in 2028 on A350s. The FAA awards an $875m AI airspace contract to startup Air Space Intelligence.
AirAsia X has cancelled its remaining 15 A330-900 orders by mutual agreement with Airbus, confirmed 17 June, formally ending a widebody programme that once stood at 100 aircraft and completing the group's shift to an all-narrowbody long-haul strategy.
easyJet rejects Castlelake's £4.74bn bid. Emirates restores double-daily Beijing service. Singapore Air eyes yuan bonds.
Castlelake has gone public with a £4.74bn ($6.21bn) all-cash proposal for easyJet after the board rejected three offers. A Takeover Panel deadline of 5pm Friday 26 June forces a decision within days.
