Lewis Harper

Greek carrier Aegean Airlines is positioning to take a stake of up to 21% in Spanish low-cost carrier Volotea by mid-2025 after participating in a round of fundraising with the latter's shareholders.

The global airline industry saw its profitability weaken year on year during the second quarter of 2024, as carriers grappled with moderating yields and rising capacity.

Scandinavian carrier SAS will reintroduce a business-class product on its European short-haul fleet as it seeks alignment with its new SkyTeam partners.