FlightGlobal
• David Kaminski-Morrow
India’s IndiGo will discontinue its widebody operations from Oct. 25 and end its ACMI agreement with Norse Atlantic Airways on Oct. 31, returning five Boeing 787-9s. The decision brings an early end to the budget carrier’s long-haul experiment after difficulties operating European routes.
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India’s IndiGo will discontinue its widebody operations from Oct. 25 and end its ACMI agreement with Norse Atlantic Airways on Oct. 31, returning five Boeing 787-9s. The decision brings an early end to the budget carrier’s long-haul experiment after difficulties operating European routes.
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Tesla is reportedly considering selling or spinning off its China operations as part of preparations for a potential merger with SpaceX. A separate China business could reduce regulatory complications tied to SpaceX’s U.S. defense work and possible scrutiny from Beijing, though Musk has denied plans to separate the unit.
Republic Airways, the US second-largest regional carrier, raised its financial outlook for 2026 while incorporating Mesa Airlines following its acquisition last year. The company says combined maintenance programmes should increase aircraft utilisation, supporting improved operating performance into 2026.
A US court has approved the auction process for Spirit Airlines’ aircraft, advancing the carrier’s asset disposition plan. The decision sets the procedural framework for how Spirit’s fleet will be sold, shaping the timeline and mechanics of recovery or restructuring outcomes.
Dublin-based lessor Avolon reported Q2 2026 net income of $209 million, up 45% year-on-year, supported by higher lease revenue and rising operating cash flow. The results point to a continued pattern of lessors benefiting as OEMs face persistent aircraft delivery delays.
South Korea’s Air Premia (Incheon-based) plans to raise KRW110 billion (USD75.9 million) via a shareholder rights issue of 550 million new common shares priced at KRW200 (USD0.13) each. The capital raise is designed to support the airline’s next phase of development.
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