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• Hilka Birns
Air Canada is planning to launch service to Nigeria in 2027, marking the carrier’s entry into the Nigerian market. The announcement points to a prospective expansion of its Africa network, though the available information does not specify the destination city, route, frequency or aircraft type.
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Air Canada is planning to launch service to Nigeria in 2027, marking the carrier’s entry into the Nigerian market. The announcement points to a prospective expansion of its Africa network, though the available information does not specify the destination city, route, frequency or aircraft type.
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.
High activity
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.
High activity
Korean Air’s board and Asiana Airlines’ shareholders have approved the merger agreement, moving South Korea’s two largest carriers into the final stage of a nearly six-year acquisition process. Korean Air plans to integrate Asiana’s operations on Dec. 17, completing the long-running combination.
High activity
An Air China C919 has flown from Beijing to Ulaanbaatar, marking the narrowbody’s first scheduled international commercial service and a symbolic step in China’s effort to establish COMAC as a credible challenger to Boeing and Airbus in the global commercial aircraft market.
Turkish Airlines is targeting European Commission approval by the end of 2026 for its planned investment in Air Europa, while Korean Air and Asiana shareholders have approved a merger scheduled to launch in December 2026. Higher fuel costs sharply reduced quarterly profits at Turkish and Thai Airways.
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