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TUI airline division posts quarterly loss as fuel costs and excess capacity pressure results

TUI’s markets and airlines division fell into a loss in the April–June quarter, with higher fuel costs and increased market capacity compounded by disruption linked to the Iran conflict. The European travel group is moving ahead with its airline commercialisation strategy, including a website to support direct sales launching in June.

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Reuters

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Ryanair signs five-year Google Cloud and AI partnership to support 300 million passengers by 2034

Ryanair will deploy Google Cloud’s data, artificial-intelligence and collaboration platforms across its workforce and network under a five-year agreement. The low-cost carrier says the technology overhaul will support growth to more than 300 million annual passengers by 2034, including preparation for AI-agent bookings.

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FlightGlobal

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Korean Air and Asiana shareholders approve merger, clearing path for Dec. 17 integration

Korean Air’s board and Asiana Airlines’ shareholders have approved the merger agreement, completing a major milestone in the nearly six-year acquisition process. Korean Air plans to integrate Asiana’s operations on Dec. 17, bringing South Korea’s two largest carriers closer to operating as one airline.

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Thai Airways profit falls as fuel costs and Middle East uncertainty weigh on second quarter

Thai Airways International reported a sharp year-on-year decline in second-quarter profit despite higher passenger revenue and reduced operations during the April-June period. The national carrier identified elevated fuel costs and continued uncertainty in the Middle East as primary risks to its near-term performance.

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