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Spain’s Volotea restructures, cutting fleet, workforce and board

Spanish airline Volotea is undertaking a broad restructuring that includes reductions to its fleet and workforce, alongside changes to its board. The moves indicate a reset spanning operations, staffing and governance, with implications for the carrier’s capacity and organizational structure.

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Iranian flights to Gulf hubs canceled as U.S. sanctions deadline takes effect

Flights from Iran to Gulf neighbors, including Dubai, appeared to be canceled after a U.S. deadline requiring global companies to stop working with Iranian airlines. The move marks a significant escalation in Washington’s economic pressure campaign and comes amid heightened regional tensions, including Saudi interceptions of Houthi missiles.

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