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• Miquel Ros
Pauls Calitis, the new CEO of Lisbon-based euroAtlantic Airways, says the carrier plans to maintain both Boeing and Airbus widebody fleets as it expands its ACMI offering. The strategy reflects customer requirements for aircraft availability and operational flexibility across the wet-lease market.
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Pauls Calitis, the new CEO of Lisbon-based euroAtlantic Airways, says the carrier plans to maintain both Boeing and Airbus widebody fleets as it expands its ACMI offering. The strategy reflects customer requirements for aircraft availability and operational flexibility across the wet-lease market.
RwandAir CEO Yvonne Manzi Makolo is urging African governments and industry stakeholders to form a “coalition of the willing” to advance the continent’s open-skies agenda. She called for clear implementation timelines and measurable outcomes, moving beyond commitments toward practical liberalization of intra-African air travel.
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
China’s three largest state-owned airlines reported more than $1 billion in combined first-half losses as higher jet-fuel prices, intensified by the Middle East conflict, collided with weak domestic fares. Revenue and passenger demand improved, but pricing pressure and limited tools to hedge fuel volatility reversed earlier profitability.
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