Airline Weekly
• Gordon Smith, Jay Shabat
Icelandair posted its second consecutive annual loss despite robust transatlantic demand and the collapse of local rival PLAY, which removed a competitor from the market. The carrier remains unprofitable even as North Atlantic demand strengthens.
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AeroTime
• Ian Molyneaux
By AeroTime: Emirates and Loong Air have signed an interline agreement that will see the Dubai flag carrier increase its footprint in China.
Associated Press
• Anton L Delgado
By Associated Press: Singapore is piloting the world’s first sustainable aviation fuel levy. It will slightly raise prices for airline passengers and cargo carriers flying to and from the city-state of 6 million people, home to Southeast Asia’s busiest airport.
Bloomberg
• Ram Anand
By Bloomberg: AirAsia founder Tony Fernandes said that the Asian airline’s branding unit is closing in on a Nasdaq-listed target for a backdoor listing later this year that would value the newly created entity at about $1.5 billion.
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By ch-aviation: Cathay Pacific (CX, Hong Kong International) shareholders have approved the off-market repurchase of the entire shareholding of Qatar Airways (QR, Doha...
Aviation Source
• Len Varley
By Aviation Source: Two men have had a lifetime ban imposed by Jet2 after their violent inflight brawl on a Manchester-bound flight from Antalya forced a diversion to Brussels.
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By ch-aviation: Interested in Commercial Aviation/Business Aviation? Unlock exclusive news such as “Viet Nam to reform airline capital, foreign ownership rules” today!.
Paddle Your Own Kanoo
• Mateusz Maszczynski
