Reuters
• Sam Tabahriti
Ryanair will deploy Google Cloud’s data, artificial-intelligence and collaboration platforms across its workforce and network under a five-year agreement. The low-cost carrier says the technology overhaul will support growth to more than 300 million annual passengers by 2034, including preparation for AI-agent bookings.
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SunExpress chief executive Marcus Schnabel is seeking to build on the carrier’s established foundations as the initial market effects of the Iran conflict ease. Schnabel is emphasizing flexibility while positioning the airline for sustainable growth amid a changing operating environment.
easyJet’s £5.7bn takeover battle, ultimately won by Apollo, has focused attention on airline assets trading below book value. Jet2’s roughly £3bn valuation, IAG’s Avios loyalty business and Lufthansa’s repairs arm may also be undervalued, while stake sales could unlock value.
TUI’s markets and airlines division fell into a loss in the April–June quarter, with higher fuel costs and increased market capacity compounded by disruption linked to the Iran conflict. The European travel group is moving ahead with its airline commercialisation strategy, including a website to support direct sales launching in June.
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Ryanair will deploy Google Cloud’s data, artificial-intelligence and collaboration platforms across its workforce and network under a five-year agreement. The low-cost carrier says the technology overhaul will support growth to more than 300 million annual passengers by 2034, including preparation for AI-agent bookings.
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Korean Air’s board and Asiana Airlines’ shareholders have approved the merger agreement, completing a major milestone in the nearly six-year acquisition process. Korean Air plans to integrate Asiana’s operations on Dec. 17, bringing South Korea’s two largest carriers closer to operating as one airline.
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Heathrow handled 7.9 million passengers in July, down 1.5% year-on-year, despite recording its busiest day of 2026 with 267,000 travelers. Istanbul Airport surpassed Heathrow with 8.15 million passengers, while nearby London Stansted grew 6.3% to a record 3.1 million.
Thai Airways International reported a sharp year-on-year decline in second-quarter profit despite higher passenger revenue and reduced operations during the April-June period. The national carrier identified elevated fuel costs and continued uncertainty in the Middle East as primary risks to its near-term performance.
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Air Canada lowered its full-year earnings outlook as surging jet fuel prices, driven by the Iran war, pressure the carrier’s cost base. The revision highlights the immediate financial exposure of airlines to geopolitical shocks and fuel-market volatility.
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