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FlightGlobal • David Kaminski-Morrow

Ryanair repays final EUR1.2bn Covid-era bond, declaring the group “effectively debt free”

Ryanair says it has repaid the last EUR1.2 billion bond dated to the Covid-19 period, leaving the Ryanair Group “effectively debt free” for the first time since the airline floated in 1997. The payment also puts the carrier in a net cash-positive position.

2026-05-25T23:47:30.992047-07:00

Reuters

Air India 787 anniversary probe to stay interim as India readies a limited update; UK warns May 17 international-travel restart

2026-05-25T23:17:18.938689-07:00

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Australia’s Zinc Airlines seeks A$200m (US$143m) to launch ULCC

2026-05-25T21:30:58.369603-07:00

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Air New Zealand sets timeline to restore grounded B787-9 by late June 2026, complete fleet return with Airbus by 2027

2026-05-25T19:16:42.356569-07:00

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FlightGlobal

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Ryanair repays final EUR1.2bn Covid-era bond, declaring the group “effectively debt free” Ryanair says it has repaid the last EUR1.2 billion bond dated to the Covid-19 period, leaving the Ryanair Group “effectively debt free” for the first time since the airline floated in 1997. The payment also puts the carrier in a net cash-positive position.

2026-05-25T23:47:30.992047-07:00

Ryanair repays final EUR1.2bn Covid-era bond, declaring the group “effectively debt free”

ch-aviation

Iran’s Kish Air faces financial probe demands Kish Air is facing demands for a financial investigation, raising new attention on the carrier’s financial oversight and compliance posture. The development underscores the scrutiny airlines in sensitive operating environments can face as stakeholders seek clarity on solvency and governance.

2026-05-25T23:46:28.995216-07:00

Iran’s Kish Air faces financial probe demands

Reuters

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Air India 787 anniversary probe to stay interim as India readies a limited update; UK warns May 17 international-travel restart As the first anniversary of Air India’s June 2025 Boeing 787 crash nears, investigators are preparing an interim—rather than final—report, leaving the accident’s conclusions unresolved as public scrutiny grows. Separately, the UK Transport Committee says the Government’s Global Travel Taskforce framework lacks detail, putting a planned May 17 “safe restart” of international travel in jeopardy.

2026-05-25T23:17:18.938689-07:00

Air India 787 anniversary probe to stay interim as India readies a limited update; UK warns May 17 international-travel restart

ch-aviation

Australia’s Zinc Airlines seeks A$200m (US$143m) to launch ULCC Former Qantas executive Peter Kelly is seeking to raise A$200 million (US$143.3 million) to launch Zinc Airlines, an ultra-low-cost carrier modeled on a Ryanair-style approach, according to Australian media reports. The funding effort targets a new ULCC entry intended to compete on cost and structured value offers.

2026-05-25T21:30:58.369603-07:00

Australia’s Zinc Airlines seeks A$200m (US$143m) to launch ULCC

ch-aviation

Jeju Air restarts Seoul Incheon–Jeju after Jeju Province pushes MLT reinstate unprofitable domestic route Jeju Air resumed its Seoul Incheon–Jeju domestic service on May 12, 2026, after Jeju Province—an airline shareholder—asked South Korea’s Ministry of Land, Infrastructure and Transport to reinstate the historically unprofitable link. The return highlights the growing role of regional stakeholders in route decisions.

2026-05-25T20:16:46.478339-07:00

Jeju Air restarts Seoul Incheon–Jeju after Jeju Province pushes MLT reinstate unprofitable domestic route

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Air New Zealand sets timeline to restore grounded B787-9 by late June 2026, complete fleet return with Airbus by 2027 Air New Zealand expects its grounded Boeing 787-9 fleet to re-enter service by late June 2026, followed by a broader return of its Airbus aircraft by 2027. The carrier is mapping a multi-year recovery sequence to rebuild capacity and normalize operations across its widebody network.

2026-05-25T19:16:42.356569-07:00

Air New Zealand sets timeline to restore grounded B787-9 by late June 2026, complete fleet return with Airbus by 2027

ch-aviation

PNG Air to replace ageing DHC-8-100s with three ATR42-600s leased from landowners; Ok Tedi Mining will contract the aircraft Three Papua New Guinea landowner companies have acquired three ATR42-600s and will lease them to PNG Air at Port Moresby, per a government release. The aircraft will be contracted to holding company Ok Tedi Mining and are intended to replace PNG Air’s ageing DHC-8-100 fleet as part of a landowner-participation and connectivity upgrade.

2026-05-25T15:07:13.425011-07:00

PNG Air to replace ageing DHC-8-100s with three ATR42-600s leased from landowners; Ok Tedi Mining will contract the aircraft

ch-aviation

Brazil approves rules for $200mn airline emergency credits Brazil has approved the rules governing $200mn in emergency credits for airlines. The decision sets the framework for how carriers can access short-term financial support, with implications for liquidity planning and near-term cost management across the Brazilian market.

2026-05-25T12:05:56.771973-07:00

Brazil approves rules for $200mn airline emergency credits

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Airlines News

Ryanair repays final EUR1.2bn Covid-era bond, declaring the group “effectively debt free”

Air India 787 anniversary probe to stay interim as India readies a limited update; UK warns May 17 international-travel restart

Australia’s Zinc Airlines seeks A$200m (US$143m) to launch ULCC

Air New Zealand sets timeline to restore grounded B787-9 by late June 2026, complete fleet return with Airbus by 2027

News Timeline