Airlines News

Reuters • Gianluca Lo Nostro

Norse Atlantic keeps capacity reduced as high fuel costs pressure airline

Norse Atlantic Airways continued to operate at reduced capacity in September, saying high fuel prices weighed on the struggling carrier despite a rise in revenue. The update underscores the tension between revenue growth and operating-cost pressure as the airline manages its capacity.

2026-10-07T00:04:53.537589-07:00

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Yeti Airlines raises $15 million through private placement

Yeti Airlines has raised $15 million through a private placement. The available report does not identify investors, disclose the terms or state how the airline plans to use the proceeds, leaving the transaction’s direct implications for its fleet, operations and finances unclear.

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VietJetAir advances hybrid business model and long-haul expansion

VietJetAir is advancing a hybrid business model alongside further long-haul growth, vice chairwoman and group CFO Ho Ngoc Yen Phuong said at an aviation summit on Oct. 2, 2026. The remarks signal the carrier is pursuing changes to its commercial positioning as it expands beyond shorter-haul markets.

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Cebu Pacific franchise renewal progresses

The Philippines’ Cebu Pacific Air is advancing its franchise renewal, according to ch-aviation. The available report does not specify the renewal’s timeline, remaining approvals or terms, leaving the scope and operational implications of the process unclear.

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Korean Air, Asiana and Jin Air face fines over Jeju seat cuts

Korean Air, Asiana and Jin Air face fines over seat cuts on services to Jeju, putting airline capacity decisions under regulatory scrutiny. The available report does not specify the fine amounts, affected flights or authority, leaving the scale and operational impact unclear.

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