Loading profile info

The home of market intelligence for
the aviation and travel industry.

Get the whole story with CAPA - Centre for Aviation.
Join Now
,

CAPA Membership

An annual CAPA Membership provides a front row seat to global aviation news, analysis and data as it happens, with access to a comprehensive suite of tools that can be customised to your needs. Join aviation and travel industry leaders around the world who leverage our insights to identify new opportunities and improve their business.

Request a free trial

Discover opportunities

We provide the most comprehensive news, analysis and data year-round to help you stay ahead.

Connect

Our Summits explore key strategic industry issues and provide valuable networking opportunities.

Gain in-depth insight

Get comprehensive analysis of a feature of the aviation industry with our Research Publications.

,
<
What our members say
The good thing about CAPA is that it’s sent every day - especially the daily alerts in the morning - it gives you a very good summary of what’s happening in the aviation world.
>

Newsletter

CAPA’s Aviation Analyst delivers weekly aviation News and Analysis, produced by CAPA’s industry leading analysts based in Europe, North America, Asia and Australia. This weekly e-newsletter covers crucial industry updates and issues as well as detailed analysis of key trends and data.

Subscribe
See all

Latest Events

31-Jul - 1-Aug | Cairns, Australia

CAPA Airline Leader Summit Australia Pacific 2025

CAPA Data

The CAPA Data Centre is the hub for all CAPA data, including traffic, financials and other performance data for companies within the aviation and travel industry.

Learn More

News Briefs

We produce more than 1,000 global News Briefs weekly, covering all aspects of the aviation and travel industry.

Learn More
See all

Latest News Headlines

Athens International Airport, via its official website, announced (Apr-2025) all flights to and from the airport have been cancelled on 09-Apr-2025 due to a strike by the Air Traffic Controllers' Association participating in the general strike of the Supreme Administration of Greek Civil Servants Trade Unions.

Background ✨

Athens International Airport previously anticipated operational disruptions on 28-Feb-2025 due to a 24-hour strike by the Hellenic Air Traffic Controllers Association, as advised by Greece's ADEDY union1. On 16-Mar-2023, Aegean Airlines Group announced Aegean and Olympic Air suspended services due to a similar 24-hour strike2. These strikes have been part of recurring industrial actions by Greek air traffic controllers over the years3 4 5.

Aerolineas Argentinas announced (08-Apr-2025) plans to cancel 258 services on 10-Apr-2025 due to a general strike. The industrial action is expected to cost the company USD3 million. [more - original PR - Spanish]

Background ✨

Aerolineas Argentinas has faced numerous disruptions due to industrial action, with recent strikes costing the airline over USD2.5 million and leading to the cancellation of 319 services1. The government has declared air transport an essential service, requiring airlines to operate at least 50% of scheduled services during strikes2. Additionally, the government has started discussions to privatise Aerolineas Argentinas in response to ongoing union actions3.

Pakistan's Minister of Defence Khawaja M Asif, via his official Twitter account, announced (08-Apr-2025) Pakistan International Airlines achieved an operating profit of PKR9.3 billion and net profit of PKR26.2 billion in FY2024. The result marks the first time the carrier has turned a profit in 21 years, with Mr Asif crediting the performance to "cost and workforce rationalisation, routes optimisation and financial discipline with balance sheet restructuring".

Background ✨

Pakistan International Airlines (PIA) faced significant financial challenges in recent years, with a net loss of PKR60.7 billion in 1H2023, largely due to PKR depreciation and increased interest rates1. The airline's financial difficulties have been ongoing, with losses of PKR43.5 billion in 1H20222. PIA's losses date back further, including a PKR34.6 billion net loss in 20203. Despite these setbacks, the carrier achieved a profit in FY2024, marking a significant turnaround.

×
8-Apr-2025 1:50 AM

airBaltic CEO steps down

airBaltic supervisory board decided (07-Apr-2025) on changes to the company's management board, with former CEO Martin Gauss stepping down from his position. Mr Gauss was CEO since 2011. Supervisory board chairman Andrejs Martinovs said: "Martin Gauss guided the company through significant transformation and growth, laying a strong foundation for its future". Mr Martinovs said: "Our core objectives remain unchanged, and airBaltic continues to implement its strategy and move forward toward a potential IPO". Management board member and chief operations officer Pauls Cālītis assumes the duties of interim CEO. Vitolds Jakovļevs will continue in his role as management board member and chief financial officer. As previously reported by CAPA, airBaltic attributed a EUR118 million net loss recorded in 2024 to external factors, including accelerating depreciation on Pratt & Whitney engines, amounting to EUR73 million, and currency related noncash adjustments. [more - original PR]

Background ✨

airBaltic recorded a EUR118 million net loss in 2024, attributed to external factors such as the accelerated depreciation of Pratt & Whitney engines and currency-related noncash adjustments1. Despite these challenges, it achieved its highest-ever annual revenue of nearly EUR748 million and exceeded eight million passengers for the first time1. The company aimed for a successful IPO and enhanced its strategic partnership with Lufthansa Group2. The supervisory board elected Andrejs Martinovs as interim chairman2.

Porter Airlines CFO Robert Palmer, speaking at the CAPA Airline Leader Summit Americas in Grand Cayman, reported (04-Apr-2025) ongoing Pratt & Whitney PW1000G engine issues continue to impact the carrier's ability to deliver its schedule, with "anywhere up to 20% of our fleet grounded". Mr Palmer stated: "There's not enough capacity to get these engines fixed and turned around in a reasonable amount of time, and the bigger issue is there is no fix, so we're just continuing to cycle through error issues and repairs that we know aren't solving the problem". The carrier currently has nine inactive aircraft in its fleet. [more - Aviation Week]

Background ✨

Pratt & Whitney engine issues have led to widespread disruptions across various airlines, with many experiencing significant fleet groundings. Spirit Airlines received USD150.6 million in compensation for GTF engine-related aircraft ground days in 2024, with the problem expected to persist until at least 20261. Air New Zealand and airBaltic also faced severe engine availability issues, with expectations of resolution taking several years2 3. JetBlue Airways and SWISS reported similar challenges affecting their operations4 5.

Kiwi.com, at the CAPA Airline Leader Summit Americas, launched (03-Apr-2025) the Kiwi.com Guarantee. The product provides the option of immediate booking credits for customers in the event of a disruption or cancellation, without needing to wait for refunds to be returned. Kiwi.com Guarantee also manages the check-in process to ensure customers "arrive at the airport ready to fly". The product was developed to address the key anxieties of air travellers, including the risk of disruptions and cancellations and ensuring that they have all necessary documents and information. Kiwi.com co-founder and CEO Oliver Dlouhý said the product was developed to complement the existing customer experience offered by airlines. Mr Dlouhý said Kiwi.com Guarantee has been trialled in "a number of key European markets", resulting in a customer satisfaction rating of four out of five and a net promoter score of 70. [more - original PR]

Most Read News Headlines

<

Perth Airport chief commercial and aviation officer Kate Holsgrove, speaking at Routes Asia 2025, commented (26-Mar-2025) "it is challenging to build in a sustainable way" and highlighted that the airport is "integrating sustainability from the beginning" of its projects. Ms Holsgrove reported "very high demand" for more sustainable developments, such as rooftop solar, from the airport's property and retail partners. She said the airport's partners are "pushing for more sustainable buildings", which are more cost effective to operate in the long term. Ms Holsgrove said Perth Airport plans to start a solar farm project "very soon", with another rooftop solar project to follow.

Background ✨

Western Australia's Minister of Tourism, Reece Whitby, indicated that Perth Airport is set to become Qantas' second largest international hub in Australia, which is expected to enhance travel and trade in the region1. Perth Airport handled a record 17 million passengers in 2024, with international traffic projected to be a significant growth driver2. Perth Airport's AUD5 billion infrastructure programme, including projects like a new terminal and runway, aimed to transform its operations and accommodate future demand3 4.

Akasa Air SVP international operations Neelu Khatri, speaking at Routes Asia 2025, stated (26-Mar-2025) the airline is considering destinations such as Almaty, Singapore and Tashkent as part of its international growth plans. Akasa's international network currently includes Abu Dhabi, Doha, Jeddah, Kuwait and Riyadh, according to OAG.

Background ✨

Akasa Air had planned to expand its international network to key Middle Eastern destinations including Kuwait and Riyadh by late 20241. The airline had already commenced services connecting Mumbai to Kuwait and Riyadh by mid-20242 3. Additionally, Akasa Air aimed to expand further into South Asia and Southeast Asia, with potential destinations including Indonesia, Malaysia, and Vietnam4.

>

Research Publications

Long-form in-depth analysis of a feature of the aviation industry, presented in PDF format.

Learn More
See all

Latest Reports

SPECIAL REPORT: 2025 Outlook - The CAPA Perspective

2024 was an exceptionally strong year, 2025 has a favourable climate, but many challenges remain.

Buy for USD 399
2024 SPECIAL REPORT: Airlines Investing in Airports

The fourth and final report on a block of investors in Airports, the Airlines.

Buy for USD 399