Bloomberg
• Albertina Torsoli, Henrique Almeida, Sonje Wind
Lufthansa Group and Air France-KLM submitted binding offers for a minority stake in Portugal’s state-owned TAP SA, setting up a competitive process for an equity position that would strengthen their network reach—particularly to markets such as Latin America. A July 29 deadline caps the bid timeline.
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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.
Lufthansa Group and Air France-KLM submitted binding offers for a minority stake in Portugal’s state-owned TAP SA, setting up a competitive process for an equity position that would strengthen their network reach—particularly to markets such as Latin America. A July 29 deadline caps the bid timeline.
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.
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.
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.
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.
Volotea says it will open its 22nd European base in Ancona. The move comes just a week after the carrier reported an increase in profit, signaling continued investment in network capacity and regional presence in Italy.
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Spanish regional carrier Air Nostrum returned to net profit in 2025, enabling it to repay a further chunk of pandemic loans. The operator’s performance improvement was supported by a fuel hedging policy that helped cushion higher costs, alongside strengthened operational growth.
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