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Pegasus Airlines completed (01-Oct-2026) acquisition of CSA Czech Airlines and Smartwings Group, following the receipt of all required regulatory approvals and the fulfilment of customary closing conditions. Smartwings will continue to operate under its brand, maintaining day to day operations, customer relationships and service delivery, while gaining new opportunities for innovation and development. The acquisition will bring together Pegasus Airlines' international footprint, operational expertise and low cost model with Smartwings' position and established presence in Central and Eastern Europe's leisure market to create a stronger platform for long term success and greater value for customers, employees and business partners. The combined fleet comprises more than 175 aircraft, with significant growth potential based on existing firm orders for 140 aircraft, secured by both airlines. [more - original PR]

Background ✨

Czech Republic's Office for the Protection of Competition approved Pegasus Airlines' acquisition of CSA Czech Airlines and Smartwings, subject to remedies including transferring a number of summer-season Prague-Antalya slots to another airline, after reviewing the case since May-2026 and identifying route overlap concerns.1 Pegasus previously agreed in Dec-2025 to buy CSA and Smartwings for EUR154 million via subsidiary Pegasus Europe BV.2 3

Korean Air chairman and CEO Walter Cho, speaking at the CAPA Airline Leader Summit Asia, stated (02-Oct-2026) the merger between Korean Air and Asiana Airlines will deliver a "more widely spread network", "better schedules" and "better connections" for customers. Mr Cho said the merged carrier will be able to "diversify" the schedule to offer greater convenience and flexibility.

Tigerair Taiwan partnered (01-Oct-2026) with Dohop to launch the 'Tigerhop Connect' booking platform on 01-Oct-2026, announced at the CAPA Airline Leader Summit Asia. The platform utilises Dohop's RetailConnect technology to enable passengers "to easily book connecting flights to partner destinations during the same booking process", while also enabling "Tigerair Taiwan to overcome the complex technical limitations of traditional interline or shared flight numbers, efficiently integrating its own network with partner flights". Scoot is the first airline partner to join Tigerhop Connect, meaning "passengers departing from Singapore can easily transfer through [Taiwan Taoyuan International Airport] to various destinations" in Japan, while passengers departing from various destinations in Japan "no longer need to lug large luggage within Japan, but can easily depart from their nearest airport to Singapore". Tigerair Taiwan chairman Huang Shih-hui stated: "Through our collaboration with Dohop, we are able to extend our international routes in a more flexible manner", adding: "In the future, we also look forward to working with more aviation partners to further cultivate the Asia-Pacific market and provide Tigerair fans with a more comprehensive and borderless flying experience". [more - original PR - Chinese]

Taiyo Oil deputy executive officer and carbon neutral fuel marketing director Jun Shinmachi, speaking at the CAPA Airline Leader Summit Asia, stated (02-Oct-2026) airlines have a "lukewarm willingness to pay up for carbon neutral fuel" and the industry needs a "system in place to break through the standstill". Mr Shinmachi said governments need to "step in to engineer an equitable system" to ensure everyone takes a "fair share" of the cost of sustainable aviation fuel (SAF).

Japan Airlines (JAL) SVP of procurement and deputy SVP of general affairs Noriko Ogawa, speaking at the CAPA Airline Leader Summit Asia, stated (02-Oct-2026) "demonstrating ambition is crucial" in generating momentum in sustainable aviation fuel (SAF) development and adoption. Ms Ogawa said: "Ambition and execution must go hand in hand", and noted that JAL is working to drive SAF awareness through partnerships, including efforts to source used cooking oil in Japan as a feedstock. Ms Ogawa also said JAL is "pursing a wide range of initiatives" to improve operational efficiency.

Boeing head of sustainability Asia Pacific Kimberly Camrass, speaking at the CAPA Airline Leader Summit Asia, stated (02-Oct-2026) "There's no silver bullet when it comes to sustainability activity and results for aviation". Ms Camrass said fleet renewal is a "critical lever" for sustainability, but noted: "We have the tools to make progress now" in areas such as air traffic management, operational efficiency, sustainable aviation fuel, market-based measures and technology improvements.

Most Read News Headlines

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Air France-KLM reiterated (30-Sep-2026) its "strong and continued interest" in TAP Air Portugal, submitting a "final offer" for an up to 49.9% stake in the airline. Air France-KLM stated its offer is underpinned by a strategic plan covering all parts of the business including passenger transport, cargo, loyalty and MRO - and aims to strengthen the execution of TAP's strategy and the development of the Portuguese aviation industry. If selected, Air France-KLM plans to position Lisbon as its exclusive Southern European hub, reinforcing the group's global network. ​Air France-KLM CEO Benjamin Smith stated: "Over the past four weeks, our team plus our advisors have worked diligently to strengthen our bid, and I am convinced that this revised proposal is the best path forward for TAP, its management, its employees and its customers, as well as for Portugal. What we present today is an ambitious long-term strategic plan, one we believe best positions TAP for the future and safeguards Portugal's connectivity and sovereignty". [more - original PR] [more - Aviation Week]

Background ✨

Portugal's Council of Ministers approved opening negotiations with Air France-KLM and Deutsche Lufthansa for a 44.9% stake, requesting final improved proposals.1 Parpública submitted its assessment of both binding offers to the Government on 01-Sep-2026, with an opinion to follow.2 The privatisation deadline was extended to 31-Dec-2026 to allow extra time for negotiations and evaluation of improved proposals.3 4

IATA reported (29-Sep-2026) global air demand in CTKs increased 4.4% year-on-year in Aug-2026 and 5.3% for international operations. Capacity increased 0.1%. Details include:

  • Asia Pacific airlines recorded 4.3% growth in air cargo demand in Aug-2026. Capacity increased 1.2%;
  • North American carriers recorded 6.6% growth in air cargo demand, the "strongest performance of all regions". Capacity decreased 2.5%;
  • European carriers recorded 4.1% increase in demand and capacity decreased 3.5%;
  • Middle Eastern airlines recorded 1% increase in demand, "the weakest of all regions". Capacity increased 3.3%;
  • Latin American and Caribbean carriers recorded 5.1% increase in demand and capacity increased 3.3%;
  • African airlines recorded 3% increase in demand and capacity increased 14%;
  • Air cargo performance diverged across major trade lanes. Asia-North America recorded the strongest growth, followed by within Asia, Europe-North America and Europe-Asia. In contrast, Gulf-linked corridors remained "disrupted by the conflict in the Middle East";
  • IATA noted the following factors in the operating environment:
    • Global trade increased 6% in Jul-2026, extending the run of consecutive monthly expansions to 33 months on a year-on-year basis;
    • Jet fuel prices rose 8.3% month-on-month in Aug-2026 and were 79.2% higher year-on-year;
    • The Global Manufacturing Output Purchasing Managers' Index increased 0.3pp to 53.0, while the New Export Orders Index rose 1.4pp to 51.4. Both indicators remained supportive of air cargo demand. [more - original PR]
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