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• Vanja Popovic
Latvia’s government has extended the deadline for airBaltic to repay a state loan, giving the airline additional time to meet its financing obligations. The decision keeps the carrier’s government-backed funding and financial position in focus as Latvia weighs airBaltic’s future strategy.
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Latvia’s government has extended the deadline for airBaltic to repay a state loan, giving the airline additional time to meet its financing obligations. The decision keeps the carrier’s government-backed funding and financial position in focus as Latvia weighs airBaltic’s future strategy.
Kuwaiti low-cost carrier Jazeera Airways grew revenue 46% in the second quarter despite operating 44% fewer seats than a year earlier. The performance came as its home airport was closed for part of the quarter, highlighting a sharp disconnect between available capacity and financial output.
Nepal Airlines’ aircraft debt has reached $368 million, underscoring the scale of its outstanding financing obligations. The figure puts aircraft-related liabilities at the center of the carrier’s financial position, with implications for fleet planning, liquidity management and future access to aircraft financing.
High activity
The Philippine House of Representatives approved House Bill 10545 on second reading on Aug. 24, 2026, moving Philippine Airlines closer to securing a renewed 50-year legislative franchise. The measure still represents a step in the legislative process rather than final approval of the carrier’s renewal.
High activity
Air China, China Eastern and China Southern reported deeper first-half losses as Middle East-related fuel price increases compounded weak domestic pricing and a lackluster summer season. The results mark the seventh consecutive year of first-half losses for China’s three largest state-owned carriers.
Qantas is calling for chronic air traffic controller shortages at Sydney Kingsford Smith Airport to be addressed after related delays affected around 60,000 of its passengers in July 2026. The disruption hurt the airline’s on-time performance and highlights capacity constraints at a major Australian hub.
Airlines for America CEO Chris Sununu said airfares will stabilize even as jet fuel costs rise in connection with the ongoing Iran conflict. His assessment points to continued pressure on airline economics, but suggests carriers may not pass the full increase through to passengers.
Air New Zealand plans to remove three dry-leased Boeing 777s from its fleet by 2028, outlining a future reduction in leased widebody capacity. The announcement provides a defined timeline for the airline’s fleet transition and for the affected aircraft’s lessors and operators.
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