Airlines News

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Jujuy, Argentina suspends Paranair funding amid service disruptions

Argentina’s Jujuy has suspended funding for Paranair, citing disruptions. The move signals tighter oversight and potential near-term uncertainty for the carrier’s continuity of service under the affected support arrangement.

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Joby and Virgin Atlantic sign definitive multi-year UK air taxi framework—Virgin Atlantic to be Joby’s exclusive airline partner

Joby Aviation and Virgin Atlantic have signed a definitive agreement to bring Joby’s air taxi service to the UK and to formalise their 2025 partnership into a binding, multi-year commercial framework. Under the deal, Virgin Atlantic becomes Joby’s exclusive airline partner for air taxi services in the UK, leveraging Delta’s 49% stake in Virgin.

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US DOT extends deadline in action involving Irish carriers as Aer Lingus seeks to drop “Dublin cap” request by Airlines for Amer

The US Department of Transportation extended a deadline for action involving Irish carriers despite Aer Lingus urging the department to dismiss a filing from Airlines for America (A4A). Aer Lingus’ request to end the potential “Dublin cap” outcome did not succeed, prolonging regulatory uncertainty for carrier planning.

Bloomberg

High activity

Lufthansa Group and Air France-KLM submit binding offers for minority stake in Portugal’s TAP

Portugal’s privatization of TAP Air Portugal is entering a decisive phase as Lufthansa Group and Air France-KLM submit binding offers for a minority stake. The state is preparing to sell up to 49.9% (with plans also cited for a 44.9% stake), positioning both bidders for a long-term partnership approach.

AINonline

India DGCA tightens charter safety rules on flight-duty time and fatigue as Genav issues persist

India’s DGCA has tightened charter-safety oversight focused on flight-duty time limits and fatigue risk management. The update targets compliance and operational discipline on fatigue controls, though Genav-related concerns are reported to still linger in the system.

ch-aviation

Plus Ultra executives resign amid Spain corruption investigation

Executives at Spain’s Plus Ultra have quit following a corruption probe, according to the report. The leadership departures add to uncertainty around the airline’s governance and oversight while investigations proceed.

AirInsight

American Airlines’ net income plunges 88%, with fuel costs driving the decline

American Airlines’ net income fell 88%, and the carrier attributes the drop primarily to fuel. With fuel excluded, the underlying operating performance is described as stronger than Wall Street’s reaction suggests—highlighting sensitivity to energy input costs in airline earnings.

FlightGlobal

Ethiopian Airlines reports full-year revenue up 20% as Bishoftu hub project advances; Q4 pressured by Middle East conflict

Ethiopian Airlines, a Star Alliance carrier, said full-year revenues rose 20% year on year amid progress on its new Bishoftu hub in Ethiopia. The airline called the first nine months “particularly successful,” but noted that the final quarter was hit by the Middle East conflict.