Reuters
An Indian court will rehear bankruptcy petitions filed by aircraft lessors against cash-strapped SpiceJet before a new bench, after the airline reached a last-minute settlement with one lessor. The ruling delays proceedings and resets a closely watched test of lessors’ remedies against distressed airlines in India.
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Israel’s security agency has halted El Al’s plan to launch direct flights between Israel and Hanoi, blocking the airline’s proposed expansion into Vietnam. The decision underscores how security approvals can determine route viability, even after an airline has developed plans for new international service.
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An Indian court will rehear bankruptcy petitions filed by aircraft lessors against cash-strapped SpiceJet before a new bench, after the airline reached a last-minute settlement with one lessor. The ruling delays proceedings and resets a closely watched test of lessors’ remedies against distressed airlines in India.
Turkish Airlines plans to resume Istanbul–Havana service on Oct. 25, 2026, more than six months after suspending its Cuba operations. The planned restart comes as the country continues to face jet-fuel shortages and broader operational instability, leaving the schedule exposed to fuel availability and execution risk.
Somali Airlines is targeting a return to scheduled operations in mid-September 2026, more than 35 years after suspending service. The Somali Civil Aviation Authority says preparations for the relaunch are complete, marking a significant step in the revival of the country’s flag carrier.
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Air India is on track to add 100 aircraft to its fleet over the next two years, signaling continued fleet expansion as the airline advances its growth and renewal plans.
India’s Akasa Air has signed a sale-and-leaseback agreement covering seven Boeing 737-8 aircraft, adding a fleet-financing transaction to the carrier’s expansion strategy. The deal highlights the role of leasing structures in supporting fleet growth while preserving airline capital flexibility.
Japan’s two largest airlines will coordinate flight schedules on the Tokyo Haneda–Okayama route from late October, marking their first domestic schedule-coordination agreement. The move is part of efforts to maintain a more sustainable domestic network, with both carriers leaving open broader future cooperation, including with competitors.
Korean Air, Cathay Pacific, Japan Airlines, ANA and Singapore Airlines faced the same sharp fuel-cost pressure in the second quarter, but produced markedly different outcomes. Their varied responses highlight how fleet mix, network exposure, pricing power and financial resilience shape airline performance during an operating-cost shock.
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