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Latvia Seeks Strategic Investor to Stabilise Financially Struggling airBaltic

By admin July 18, 2026 No comment

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The Latvian government is in discussions with a strategic investor to support state-controlled airline airBaltic as it works to strengthen its finances and avoid the risk of default. Prime Minister Andris Kulbergs confirmed that talks with a serious potential partner are underway, adding that the government aims to complete the process this summer. As part […]

Airbus in Talks to Sell More A330neo Jets to Saudi Carrier Flynas

By admin July 16, 2026 No comment

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Airbus is in discussions with Saudi Arabian low-cost airline Flynas to sell additional A330neo widebody aircraft, according to industry sources. The announcement could be made as early as next week’s Farnborough Airshow, although neither Airbus nor Flynas has officially confirmed the deal. If finalized, the agreement would further strengthen Flynas’ long-haul

Lufthansa Cuts 20,000 Flights Amid Fuel Price Surge

By admin April 23, 2026 No comment

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Lufthansa has announced it will cut around 20,000 short-haul European flights this summer, citing soaring jet fuel prices that have made many routes unprofitable. Fuel costs have surged sharply following tensions in the Middle East, particularly linked to the ongoing conflict involving the US, Israel, and Iran, which has disrupted fuel production and transport. The […]