Reuters
Qantas reported a 13.8% decline in full-year pre-tax underlying profit, citing surging jet-fuel prices linked to the Middle East conflict. The airline also plans to begin retiring its Airbus A380 fleet in 2028, marking a future shift in its widebody fleet strategy.
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Opposition is growing at the regional level to a proposed merger involving Air Busan, signaling potential political and stakeholder resistance to consolidation in South Korea’s airline market. The dispute could complicate the transaction and shape the future structure of the country’s regional aviation sector.
Qantas reported a 13.8% decline in full-year pre-tax underlying profit, citing surging jet-fuel prices linked to the Middle East conflict. The airline also plans to begin retiring its Airbus A380 fleet in 2028, marking a future shift in its widebody fleet strategy.
Porter Airlines will add four seasonal international routes from London International Airport this winter, connecting the southwestern Ontario city nonstop with destinations in Florida, Mexico and Jamaica. The new services will be operated with Embraer E195-E2 aircraft and include two Florida routes, according to the reports.
Australian regional operator Regional Express is changing departure procedures after incidents in which Saab 340B turboprops drifted from their planned course shortly after takeoff. Pilots were required to take manual control and restore the flightpath, prompting renewed emphasis on verifying waypoint entries before departure.
A Sepehran Airlines Boeing 737-500 veered off the runway while landing at Mashhad Airport after operating flight IS4310 from Tehran-Mehrabad. The aircraft, registered EP-FSF, was carrying 127 people; all were safely evacuated, while the nose gear reportedly collapsed during the excursion.
Aeroméxico is considering a share-repurchase program worth approximately $100 million per year, a prospective capital-allocation move that would return cash to shareholders. The available report does not provide further details on timing, authorization, funding or the conditions attached to the plan.
Abra Group and SKY Airline have completed a share-swap transaction, formalizing a closer corporate relationship between the aviation groups. The announcement marks a completed ownership transaction involving SKY Airline, although the available information does not disclose the deal’s financial terms or operational implications.
Delta will resume nonstop New York–Tel Aviv service next month, joining United and other carriers expected to restore the route by spring. Six airlines are planning flights between New York/Newark and Tel Aviv, signaling renewed confidence in Israel’s tourism market and operating environment.
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