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Latest News Headlines

Icelandair announced (12-Nov-2026) the Icelandic Airline Pilots Association, representing pilots employed by Icelandair, is planning indefinite strike action from 20-Nov-2026. The strike action will affect Icelandair's charter operations abroad and will not directly affect Icelandair's passenger network operations. The potential financial impact of the strike on Icelandair Group cannot be determined. [more - original PR]

Background ✨

Icelandair faced labour disruption risk in 2026 after the Icelandic Aircraft Mechanics Association (FVFÍ) planned an indefinite strike from 23-Sep-2026, seeking a new collective bargaining agreement.1 The mechanics subsequently cancelled the strike action that began on 23-Sep-2026.2 Icelandair CEO Bogi Nils Bogason said it negotiated with key unions on new collective bargaining agreements to support competitiveness and fleet commitments as it targeted profitability no later than 2026.3

Asia Aviation Public Company Limited (AAV) reported (12-Nov-2026) Thai AirAsia is prepared to resume temporarily suspended services in 4Q2026. The LCC is aiming to reclaim its previous domestic passenger market share level of 40%, and also plans to restore international services to cities in India and other ASEAN destinations, alongside increasing frequencies on popular routes. AAV and Thai AirAsia CEO Phairat Pornpathananangoon stated the company is targeting to deploy 54 operating aircraft in Dec-2026 to serve passengers during the New Year holiday, and will adapt strategies by designing "more tailored services for specific groups". Regarding liquidity management and the company's financial position, AAV continues to see "favourable developments". The company has prepared "proactive plans to strengthen liquidity and navigate fuel cost dynamics". This includes executing aircraft sale and leaseback transactions, as well as engaging with financial institutions to access necessary funding. [more - original PR]

Background ✨

Asia Aviation Public Company Limited reported Thai AirAsia cut excess capacity and lifted yields in 2Q2026 as jet fuel prices jumped 124% to USD183/barrel, with tight capacity control planned through 3Q2026 before ramping fleet deployment to 52 aircraft in 4Q2026 and reopening suspended international routes.1 The company also reduced frequencies and paused unprofitable routes during the off-peak period, redirecting capacity to higher-demand destinations.2

Australia's Productivity Commission released (11-Nov-2026) an interim report on the determinants of regional airfares, finding they largely reflect the cost of serving small populations - although fares, profits and opportunities for competition vary widely across routes. The report proposes better-targeted government support to maintain connectivity, help patients travel for healthcare and fund critical airport infrastructure. Key highlights include:

  • There is no single regional aviation market. Regional aviation serves diverse communities with different travel needs, levels of demand and degrees of reliance on air services. These differences shape airfares, service levels and the impacts on people, businesses and local economies;
    • Many regional and remote routes have limited demand with half carrying less than 15,000 passengers p/a, operating 10 flights or fewer each week and having 35% or more empty seats per flight;
    • Communities can be disproportionately affected by high airfares if they are reliant on air services, have minimal access to alternative transport options and have limited capacity to pay;
  • High regional airfares largely reflect the costs of providing services;
    • Regional and remote airfares were 11% higher per passenger and 13% higher per kilometre in 2023 to 2025 than on major city routes - but on some routes including short regional and short remote routes, the fare per kilometre was more than double;
    • Operating costs make up approximately 91% of the fare, on average, while profit margins average about 9%, broadly comparable to major city routes. However, profit margins are much higher on some routes and average more than 20% on mining routes;
  • The viability of short regional and short remote routes is likely to come under increasing pressure;
    • These routes operate with smaller aircraft and spread fixed costs across relatively fewer passengers;
    • Many of these routes earn a profit margin of less than 5%, making them vulnerable to increases in costs or reduced demand;
  • Competition in regional aviation is limited, with over 90% of passengers flying with either Qantas Group or Virgin Australia;
    • Many regional and remote routes are too small to sustain more than one airline. On higher-volume routes, additional competition could deliver benefits for consumers. However, prospective entrants face barriers to competing with incumbents, such as economies of scale, network advantages and corporate loyalty;
    • Government support for airlines may help sustain services in the short term, but it can discourage new entry and protect inefficient operations. The focus should instead be on community connectivity;
  • As regional airfares largely reflect the costs of providing services, higher fares do not necessarily indicate a policy problem in need of correction. The case for support instead depends on the consequences of those fares for regional and remote communities and their ability to access services, economic opportunities and personal connection:
    • People in regional and remote communities often must travel for healthcare services. Governments should ensure the patient assisted travel schemes provide timely and adequate support;
    • Air services may not be available on some regional and remote routes without government support. Government support should prioritise routes that are necessary for connectivity, such as for remote areas and islands;
    • Airport infrastructure is funded on a project-by-project basis and funding arrangements do not prioritise regional system needs. Funding should be prioritised to airports that are critical for community connectivity and important public functions. [more - original PR]

Australia's Transport Workers' Union (TWU) announced (12-Nov-2026) 98% of Virgin Australia cabin crew voted in favour of taking protected industrial action, with Virgin Guest Services to commence action on 13-Nov-2026 and 16-Nov-2026. Cabin crew are seeking a "fundamental reset to their working conditions" across rostering, pay classifications and fatigue protections. Virgin ground crew are also preparing to conduct a vote "in the coming days" and are calling for safeguards to excessive workloads, a pay increase and greater access to permanent and full time employment. [more - original PR]

Background ✨

Australian Services Union members working for Virgin Australia planned to withdraw priority boarding and other premium gate services on 06-Nov-2026, and to waive fees on some sales-related transactions, after failed enterprise agreement talks before the Fair Work Commission.1 Transport Workers' Union said Virgin Australia cabin crew would vote on industrial action, while TWU and the Australian Services Union lodged for a protected action ballot in Virgin Guest Services seeking fairer rostering and protections for existing conditions.2

Singapore Airlines (SIA) stated (12-Nov-2026) its Boeing 777-9 delivery schedule remains unchanged, and it does not plan to reject any aircraft. The carrier expects to take delivery of its first 777-9 in 2027, with the aircraft's certification timeline remaining uncertain. SIA is setting aside SGD4.1 billion (USD3.19 billion) for aircraft capital expenditure in FY2027 and SGD4.3 billion (USD3.34 billion) in FY2028, primarily for the 777-9 and A350F. [more - Aviation Week]

Background ✨

Singapore Airlines planned new long haul cabin products from 2H2027 across 41 retrofitted A350-900/A350-900ULR aircraft and its incoming 777-9 fleet. CCO Lee Lik Hsin said the seats were certified for the 777-9, while the type still awaited US FAA certification for the A350.1 Singapore Airlines also worked with Airbus on a revised A350F timeline after the programme slipped by more than a year to 2027.2

Qatar Airways expanded (10-Nov-2026) its pre-order meal service to medium haul services of two hours or more. The service is available to first and business class passengers. Passengers can pre-order meals between 14 days and 24 hours before departure via the carrier's website or app. [more - original PR]

Background ✨

Qatar Airways previously expanded its 'Pre-Select Dining' for first and business class to select destinations in Africa and Asia, after initially introducing it in Aug-2017 on services to Australia, Europe, New Zealand, North America and South America, with meals selectable 14 days to 24 hours pre-departure via its website or mobile app1 2. Qatar Airways also partnered with gategroup under a Business Management Agreement to collaborate on passenger dining, sourcing and procurement, healthy eating and sustainability, including development of a dedicated culinary studio in Doha3.

Most Read News Headlines

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Airbus announced (09-Nov-2026) its A350-1000ULR officially broke the Guinness World Record for the longest flight by distance by a commercial airliner. The record was based on data independently validated by the International Aeronautical Federation and flightradar24. The Airbus-operated flight departed Melbourne on 27-Jul-2026 and landed in Toulouse on 28-Jul-2026, covering a distance of 12,503 nautical miles with a flight time of 24 hours and 24 minutes. It was undertaken as part of the flight test campaign for the aircraft type, which is being developed as part of Qantas Airways' Project Sunrise initiative. This included a requirement for Airbus to operate one sector with a block time of 23 hours to simulate the commercial operations that will be possible with the aircraft. [more - original PR]

Background ✨

Qantas' first Project Sunrise A350-1000ULR, 'Vega', completed its maiden test flight from Toulouse, focusing on primary systems including the specialised fuel system with an additional 20,000L rear centre tank, ahead of a two month campaign covering around 80 flight hours.1 The aircraft later flew Toulouse-Melbourne on 24-Jul-2026, with two Qantas pilots joining Airbus' crew for the 24 hour return flight to Toulouse.2 3 Qantas plans to launch daily nonstop Sydney-London service from Oct-2027 using 238 seat A350-1000ULRs, with the first delivery expected in Apr-2027 following supply chain delays.4 5 6

Virgin Australia provided (09-Nov-2026) the following update on fleet renewal and investment:

  • Delivery of FY2027's new aircraft orders have "already been completed" with five Boeing 737 MAX 8 aircraft and two Embraer E190-E2 aircraft;
  • Acquisition of four previously leased Boeing 737-800s, increasing the proportion of owned aircraft in the fleet to approximately 39%;
  • Following the US FAA's certification of the Boeing 737 MAX 10, Virgin's delivery schedule provides for the first aircraft in Jun-2028, with further deliveries scheduled for FY2029.

The group continues to expect FY2027 capital expenditure of approximately AUD900 million (USD623.00 million) to AUD1 billion (USD692.22 million), consistent with previous guidance. [more - original PR] [more - Aviation Week]

Background ✨

Virgin Australia reported it ended FY2026 with 108 narrowbodies (excluding three A320s held for return) plus eight domestic wet lease lines, with an average fleet age of 11.5 years, after taking delivery of 12 737 MAX 8s and four E190-E2s during FY2026.1 It also stated all Fokker F100s were sold and A320s were no longer in operation as the VARA transition progressed.1 Virgin Australia confirmed it held 10 firm 737 MAX 10 orders, previously scheduled to start arriving in 4Q2027.2

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