IAG, the owner of British Airways, reported on Friday a 'better-than-expected' annual profit, as it was able to benefit from lower fuel costs and resilience in its transatlantic core routes, especially for its premium services. European airlines are riding a strong premium demand across North Atlantic. This is a major?profit generator, while U.S. economy fares have softened. This trend is mirrored by the industry as affluent travelers continue to spend. Price-sensitive travellers are pulling back on their travels amid uncertainty over tariffs and changing demand signals in the United States. Lufthansa and Air France-KLM have both increased their premium product...

The GDL train driver's?union and Germany's Deutsche Bahn 'have reached a wage deal' on Friday. This has prevented'strikes' that had threatened to disrupt passenger and freight transportation at a critical time for the state-owned railway operator. GDL confirmed the deal early on Friday morning, saying that details would be released later in the day. The breakthrough was also confirmed by Deutsche Bahn, after months of heated negotiations?over wages and working conditions for the?10,000 employees covered by union contracts. The GDL has a list of 40 demands. These include an increase in wages of up to 8% overall, better allowances for...

The Federal Aviation Administration (FAA) banned flights in an area around Fort Hancock on Thursday after lawmakers claimed that a military laser anti-drone system was used by the Pentagon to accidentally shoot down a U.S. Government drone. The FAA did not comment immediately, nor did the Pentagon. However, the FAA's notice regarding the restrictions of the airspace near Mexico border cited "special reasons for security". U.S. U.S. According to Congressional aides, the Pentagon is believed to have accidentally shot down the CBP drone near the Mexican border. This area is prone to incursions from Mexican drones that are used by...

The National Transportation Safety 'Board stated on Thursday that a proposed U.S. Congressional aviation safety bill fails to address the safety recommendations they issued?after a mid-air collision in 2025 near Washington killed 67 people. The NTSB said that the House's ALERT Act does not address its recommendation for requiring aircraft tracking technology, also known as ADSB. The NTSB stated that ADS-B could have prevented a collision between an American Airlines regional plane and an Army Black Hawk in 2025, which occurred near the nation's capitol. House Transportation Committee chair?Sam Graves announced on Wednesday that the ALERT Act would be taken...

James Blair, the Deputy Chief of Staff at the White House, vowed to show a "new level of interest" on Thursday in?the United States. After he and wife had issues with separate American Airlines flights, Blair vowed to take a "new interest" in the aviation industry. "Today, American Airlines delayed?me 2.5 hours because someone failed notice empty hydraulic liquid before it was time for the plane to go down to the runway. Blair told X that yesterday, it was apparent that they forgot to book a pilot for my wife's trip. "I am going to develop a new interest for...

The Brazilian 'National Monetary Council' (CMN) announced on Thursday that it would?loosen the conditions of loans given to airlines backed up by the FNAC, a fund funded by a public entity?expected to release 778.66 millions reais in 2026. The Council is the top economic policy-making body of the country and is composed of three members: Finance Minister, Planning and Budget Minister, and Central Bank Chief. Brazil's Finance Ministry said that the changes include expanding airlines' access to FNAC for services like training pilots and aviation workers, rather than using it for only domestically produced aircraft and components. In a statement,...

Virgin 'Australia posted a 20.7% increase in underlying profit for the 'half-year period' on?Friday. This was a better result than expected due to strong customer demand, and its transformation program. Australia's second largest airline reported an underlying net profit of A$278.7?million ($198.07?million) for the six-month period ended December 31. This was higher than Visible Alpha's consensus estimate of A$261.1 million and A$230.9?million a year ago. The company's airline division benefited from the strong domestic demand that occurred during the holiday period, and the progress made in the transformation program of the group has yielded more than A$200 millions in gross...

Chief executive officer?Eric Martel stated on Thursday that?India's efforts to upgrade its aviation infrastructure?will give Canada’s Bombardier an opportunity to increase?sales?of business -jets?there. Martel told reporters at Montreal that Bombardier operates around 60 jets in India. He added that the lack of infrastructure is a challenge for the company. The good news is they are spending a great deal of money right now. As far as I'm aware, they are building at least a dozen airports. "The infrastructure (investment), which will be taking place in the next few decades, will certainly 'open doors for us to grow. Mark Carney, the...

Air France KLM and British Airways, along with their peers, lost the fight on Thursday against EU cartel penalties totaling 776 million euros ($916 millions). This ended a saga that spanned more than two decades. The Court of Justice of the European Union, based in Luxembourg, ruled Thursday that the European Commission had the right to punish airlines who created and ran an air cargo cartel. The Court of Justice has rejected almost all of arguments presented by airlines. The Luxembourg-based court stated that only the appeal filed by SAS Cargo Group was upheld in part, due to errors made...

The European Court of Justice rejected on Thursday Air France KLM and British Airways, as well as almost all their competitors in their battle against fines totaling 776 million Euros that were imposed by the EU antitrust regulators nine years ago. The Court of Justice has rejected almost all of arguments presented by the airlines. The court in Luxembourg said that only the appeal filed by the SAS Cargo Group was partially upheld, due to 'errors committed by the General Court when calculating the fine imposed by this airline. In 2017, the European Commission - which is the EU's competition...

The growing Australian pension system has helped fuel record issuances in the A$ bond market. Andrew Irvine, CEO of National Australia Bank (NAB), expects this trend to continue as global borrowers tap deeper pools of domestic liquidity. According to Dealogic, there have been A$52.74 Billion (or $36.21 Billion) of A$-denominated Bonds issued since the beginning of 2026. This is the best start for any year. In A$ terms, the issuance has increased by nearly 11% since last year. Irvine said A$ Bonds were becoming more appealing to Asian and European Issuers because?Australian Pension Funds, also known as Superannuation Funds locally,...

Federal Aviation Administration announced on Wednesday that it has issued an airworthiness Directive for all Boeing 737 MAX 8 and 8200 aircraft to address a "circuit breaker" issue which could cause a malfunction leading to excessively high cabin temperatures. The directive calls for the revision of the aircraft flight manual in 30 days so that the crew is aware of the?operational procedures' if an air conditioner malfunctions due to a circuit breaker trip. The FAA stated that the directive applies to 2,119 aircraft worldwide, including 771 U.S. registered airplanes. Boeing said it supported the directive it issued last week that...