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Latest News Headlines

Australia's International Air Services Commission, via its official website, announced (19-Dec-2025) it received an application from Qantas Airways seeking to permit Finnair and IndiGo to codeshare on Jetstar Airways' services to Indonesia.

Background ✨

Qantas previously sought approval for Finnair to codeshare on Jetstar Airways' Melbourne-Bali service and beyond to Singapore, as well as for IndiGo to codeshare on Jetstar services to Indonesia, New Zealand, Singapore and Thailand1 2. It also applied for KLM Royal Dutch Airlines and Emirates Airline to codeshare on Jetstar's Indonesia services, with submissions accepted until 18-Nov-20253.

Air T Inc announced (19-Dec-2025) the closing of its acquisition of Rex Airlines, with the company now controlling 100% of the carrier. Details include:

  • Air T is providing an AUD50 million (USD33.04 million) credit facility, funded by one of the company's investor partners. Air T anticipates Rex will use the facility to bring its fleet fully back into service, from approximately 31 to 45 aircraft within the next two years;
  • The Commonwealth of Australia will continue to be a secured creditor of Rex;
  • Rex will have access to an additional undrawn AUD60 million (USD39.7 million) loan from the Commonwealth of Australia to support the overhaul of its current fleet of Saab 340s and general operations. [more - original PR]

Volaris and Viva entered (18-Dec-2025) an agreement to create a new airline group in Mexico under a holding company structure. Details include:

  • Under the terms of the agreement, Viva and Volaris shareholders will combine their holding companies through a merger of equals. Upon closing, Viva shareholders will receive newly issued shares of the Volaris Holding Company, and Volaris shareholders will continue to hold their shares, with each shareholder group owning 50% of the Mexican airline group on a fully diluted basis;
  • Upon closing, the airline holding group will be overseen by a board of directors comprised of members from both Volaris and Viva. The new airline group will be chaired by Viva chairman of the board Roberto Alcántara Rojas;
  • The boards of directors of both airlines approved the transaction, which is subject to regulatory approvals, customary closing conditions and approval by Volaris' and Viva's shareholders. The transaction is expected to close in 2026. The shares of the holding company will remain listed publicly on the Bolsa Mexicana de Valores and the New York Stock Exchange;
  • Volaris and Viva will retain their current operations under their independent certificates and titles of concession. The carriers will preserve existing route offerings for passengers, while expanding distribution capacity and exploring collaboration on their respective frequent flyer programmes;
  • The new airline group will include the formation of new operational bases and enhanced connectivity with potential codeshare agreements between both airlines, as well as potential global codeshare partnerships;
  • The new airline group aims to invest in fleet, technology, infrastructure, training centres, maintenance facilities and tools;
  • Volaris and Viva will aim to increase operations in the Mexico City metropolitan area, including at Mexico City Felipe Angeles International Airport.

Volaris president and CEO Enrique Beltranena stated: "The economies of scale and expanded distribution capacity will allow us to compete even more effectively in domestic and international markets by lowering fleet ownership costs". [more - original PR]

Port Authority of New York and New Jersey (PANYNJ) board of commissioners approved (18-Dec-2025) its USD45 billion Capital Plan for 2026 to 2035, covering the completion of initiatives from the 2017 to 2025 capital plan and new projects. Details for new aviation projects include:

  • New York John F Kennedy International Airport:
    • Support the first gates of international Terminals 1 and 6, due to open in 2026, and further sections of the roadway network;
    • Design and complete development of AirTrain JFK with new train cars to double capacity and new stations;
    • The plan also funds preliminary enabling work in "the second half of the decade" to replace aging terminals and infrastructure and accommodate demand-driven growth, as needed;
  • New York Newark Liberty International Airport:
    • Construction of a new gateway, providing funding for the authority to establish a public-private partnership to design and build a new Terminal B;
    • Expand Terminal A, including design and construction work on additional gates for future growth;
    • Construction of the USD3.5 billion AirTrain Newark is underway and expected to be completed in 2026 on a new community access point to the Airport Train Station;
  • New York LaGuardia Airport:
    • Replace the gate and boarding areas of Terminal A to meet demand and continued passenger growth;
    • Funding for an LGALink Q70 bus service with a new bus lane on the BQE and new on-airport bus stop
    • New taxi hold lot at Terminal B;
  • All airports:
    • A public safety initiative, developed in consultation with the NYC Taxi and Limousine Commission, which will include new technology tools, such as license plate readers, AI-aided CCTV and an expanded database of unpermitted drivers;
    • Alignment with peer airports on pick-up and drop-off fees for for-hire vehicles and taxis. [more - original PR]

Background ✨

The proposed USD45 billion 2026-2035 Capital Plan followed previous multi-billion dollar capital allocations focused on airport redevelopment and infrastructure modernisation, including the ongoing EWR Vision Plan and significant investments in terminals and transit projects at JFK, Newark, and LaGuardia airports. The plan was projected to create over 50,000 jobs and included a record earmark for safety and security measures, with USD1.1 billion allocated for these initiatives1 2.

Delta Air Lines announced (18-Dec-2025) president Glen Hauenstein plans to retire from 28-Feb-2026. Mr Hauenstein joined Delta in 2005 and will continue to serve as a strategic advisor until the end of 2026. The carrier appointed Joe Esposito as EVP and chief commercial officer. Mr Esposito joined Delta in 1990 and currently serves as SVP network planning, pricing and revenue management. [more - original PR]

Infrabridge entered (18-Dec-2025) a binding agreement to sell a 51% stake in a newly formed holding company, which holds 100% of Leeds Bradford Airport and 49% of Newcastle International Airport, to Aena. Infrabridge will continue to manage a 49% stake in the holding company following completion. The transaction is valued at approximately GBP270 million and is subject to customary conditions for closing, including regulatory approvals, with completion to take place once all conditions have been satisfied. Leeds Bradford Airport and Newcastle International Airport will continue to be operated and managed independently of each other. [more - original PR] [more - original PR - II]

Background ✨

Aena has previously pursued minority and majority stakes in UK airports, including maintaining a 51% holding in London Luton Airport following Ardian's sale of its 49% stake to AMP Capital, and opting not to acquire full ownership when given the opportunity1 2. Leeds Bradford Airport was earlier acquired by AMP Capital from Bridgepoint, which had invested in infrastructure and workforce growth during its ownership3. Newcastle International Airport's 49% stake was previously held by AMP Capital following a purchase from Copenhagen Airport, with local authorities retaining the majority4 5.

Most Read News Headlines

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Wizz Air reopened (16-Dec-2025) its base at Suceava Ștefan cel Mare Airport, stationing the first of two A321neo aircraft allocated to the base. The carrier also plans to expand its Suceava network to 13 destinations and add 130,000 seats in winter 2025/26 with the launch of services to the following destinations:

  • Milan Bergamo: Four times weekly from 15-Dec-2025;
  • Karlsruhe/Baden Baden: Three times weekly from 15-Dec-2025;
  • Birmingham: Three times weekly from 15-Dec-2025;
  • Bologna: Three times weekly from 16-Dec-2025;
  • Venice: three times weekly from 16-Dec-2025;
  • Brussels South Charleroi: Twice weekly from 16-Dec-2025;
  • Larnaca: Twice weekly from 18-Dec-2025.

The carrier will increase Suceava-Dortmund frequency from three to four times weekly, effective 05-Jan-2026. [more - original PR]

Background ✨

Wizz Air previously suspended multiple Suceava routes, including Milan Bergamo, Bologna, Brussels, Dortmund, Larnaca and Venice, from late Oct-2023, before announcing plans to reopen its Suceava base and restore connectivity with new services and increased frequencies for winter 2025/261 2. The reopening aligns with Wizz Air's broader network expansion across Romania, including new routes from Bucharest, Cluj and other regional bases3.

Frontier Group Holdings appointed (15-Dec-2025) president James Dempsey as interim CEO, effective 15-Dec-2025. Former CEO Barry Biffle will remain with the company in an advisory capacity until 31-Dec-2025. Mr Dempsey joined Frontier as CFO in 2014. [more - original PR]

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