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Italia Trasporto Aereo (ITA Airways) announced (25-Feb-2026) the cancellation of approximately 50% of its flights scheduled for 26-Feb-2026 due to a 24 hour national air transport strike in Italy. Affected passengers will be able to change their flight free of charge or receive a refund. [more - original PR]

Background ✨

Italia Trasporto Aereo previously cancelled 72 flights on 17-Dec-2025 due to a national air transport strike in Italy, offering free changes or refunds.1 It also cancelled 23 domestic flights on 28-Nov-2025 amid a 24 hour national general strike.2 Earlier disruption included 48 domestic cancellations on 09-Feb-2024 during a 24 hour sector strike, while international flights were maintained.3

Aer Lingus reported (25-Feb-2026) new travel document requirements for travel between Ireland and the UK. All customers, including Irish and British nationals, will require a passport or an Irish passport card for travel. The UK Government also introduced new travel requirements from 25-Feb-2026, with most visitors travelling to the UK requiring an approved electronic travel authorisation or eVISA. [more - original PR]

Background ✨

Aer Lingus said the Ireland-UK document change took effect 25-Feb-2026, requiring all customers to present a passport or Irish passport card, while non-Irish and non-British nationals also needed an electronic travel authorisation or eVISA.1 The UK Government’s ETA scheme was rolled out from 08-Jan-2025 for eligible non-Europeans and from 02-Apr-2025 for eligible Europeans, with applications opening 27-Nov-2024 and 05-Mar-2025 respectively.2

Etihad Airways announced (25-Feb-2026) plans to deploy A380 aircraft on once daily on Abu Dhabi-Bangkok Suvarnabhumi service from 25-Oct-2026. The aircraft will feature 'The Residence' cabin, nine First Apartments, 70 business class, 68 Economy Space and 337 economy class seats. Etihad Airways chief revenue and commercial officer Arik De said: "With the A380 flying to Bangkok, we're offering greater choice and significant additional capacity on one of our most popular leisure routes". [more - original PR]

Background ✨

Etihad previously scheduled A380 deployments across its network, including daily Abu Dhabi-Singapore from 01-Feb-2025, expanding the type to a fourth destination after London, New York and Paris1. It also planned a 486-seat A380 on daily Abu Dhabi-Toronto from 24-Jun-2025, upgauging from 371-seat A350-1000 equipment per OAG2. On Bangkok, Etihad earlier increased Abu Dhabi-Bangkok to twice daily from 26-Mar-20233.

Azul announced (25-Feb-2026) the completion of its voluntary financial restructuring process and emergence from Chapter 11 conducted before the US Bankruptcy Court with the following financial key achievements:

  • USD850 million of new equity investments, including from existing bondholders and USD100 million from United Airlines;
  • Execution of a commitment with American Airlines for an incremental USD100 million equity investment;
  • USD1.375 billion of new exit notes;
  • Reduction of loans and financing debt and lease liabilities by USD2.5 billion;
  • Reduction of annual interest paid on loans and financing by over 50%;
  • Reduction of fleet debt by 36% and aircraft leasing costs by 33.3%. [more - original PR]

Background ✨

Azul's US Bankruptcy Court-approved plan progressed through a court-approved disclosure statement and a USD650 million backstop, before receiving unanimous voting creditor support and final court approval.1 2 It subsequently priced a USD1.4 billion exit financing, with Moody's and Fitch assigning B2 and expected B- ratings, respectively.3 4 Regulatory clearance enabled United Airlines' USD100 million share subscription (settling 20-Feb-2026), while American Airlines' USD100 million warrant investment remained subject to Brazil CADE approval.5 6

Qantas Group reported (26-Feb-2026) the following fleet highlights for H1FY2026:

Qantas Group CEO Vanessa Hudson partly attributed the Group's strong financial performance in H1FY2026 to the delivery of next generation aircraft, stating: "These new aircraft are not only improving the experience for our customers and opening up new opportunities for our people, they're also helping drive our financial performance". Ms Hudson said: "Around 60% of Jetstar's increase in profitability in the half was driven by its new aircraft, through a combination of growth, new network opportunities and the redeployment of existing aircraft onto other routes". She continued: "We've already started to see an acceleration in deliveries for Qantas, with six new aircraft arriving in the half and a further 30 arriving over the next 18 months", adding: "Some of these new aircraft will replace older aircraft, while some will support growth by opening up new routes, like the ultra long range A350s, which will operate Project Sunrise flights". Qantas Airways reported the following fleet plans for the near and medium term:

  • Commence planned retirement of older Boeing 737s in late 2026, enabled by continued delivery of new aircraft, including A321XLRs;
  • Deploy 787 on Melbourne-Los Angeles service, replacing A380 equipment, due to "reduced demand in economy for flights from Australia to the US";
  • Deploy A380 equipment on Sydney-Singapore service;
  • Refurbish 10 A330s, including new economy seats and entertainment screens;
  • Resume deployment of first refurbished Jetstar 787 from Mar-2026. [more - original PR]

Background ✨

Qantas Group ordered an additional 20 A321XLRs, taking its total to 48, with the new batch (including 16 with lie-flat business seats and seatback IFE) scheduled from 2028; it expected to operate seven A321XLRs by end-FY2026, while Jetstar’s A321XLRs were due from 20271. CAPA also noted Qantas planned to take delivery of three A350-1000ULRs before launching Project Sunrise flights2.

Qantas Airways announced (26-Feb-2026) plans to progressively implement the following changes to its frequent flyer programme in 2026, emphasising that these mark "the most significant changes to earning and retaining status since the programme's inception, giving members the ability to roll over unused Status Credits and earn them through everyday spending for the first time":

  • Earning Status Credits on the ground: All members will be able to earn up to 140 additional Status Credits p/a from 10 everyday categories, following a trial in 2025 "where members embraced earning Status Credits via credit cards, retail partners, and utility providers";
  • Status Credit roll over: Tiered members will be able to roll over up to 50% of their unused Status Credits into their next membership year. At present, Status Credits reset from one membership year to the next;
  • More lifetime milestones: Greater recognition for Lifetime Gold members, including the ability to earn and 'bank' up to five complimentary years of Platinum Status. Launching in 2027;
  • Enhanced tier benefits: Additional lounge invitation each membership year for Silver members, as well as new on-the-ground vouchers and discounts for all tiered members Silver and above;
  • Removing programme complexity: Retirement of overlapping sub-programmes, including Points Club and Green Tier, in favour of one core recognition pathway, with the benefits valued most integrated into the core frequent flyer programme;
  • Single Status Credit targets: Removal of separate attain and retain requirements, in favour of a single target for each tier level;
  • An improved digital experience: Launch a new search tool on official website in Mar-2026 "to help members find international Classic Reward seats on Qantas and 30 partner airlines in seconds".

Qantas Group CEO Vanessa Hudson stated: "Our most frequent flyers tell us that status retention is the single most important milestone as a member, with thousands achieving or retaining their tier every day", adding: "These changes are about creating more opportunities for members to unlock status, while ensuring the programme remains as relevant and rewarding in the future as it has been for the past four decades". [more - original PR]

Background ✨

Qantas Loyalty previously flagged FY2026 underlying EBIT growth of 10%-12%, underscoring the division’s continued earnings importance to the group.1 In 2025, Qantas said it would raise Classic Reward pricing from Aug-2025, lift domestic points earn from Jul-2025 and add up to one million more international Classic Reward seats via expanded partnerships.2 Elsewhere, British Airways and Cathay Pacific outlined loyalty overhauls featuring new Tier/Status Points earning and rollover mechanics.3 4

Most Read News Headlines

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Azul concluded (20-Feb-2026) its financial restructuring process in the US, with consequent emergence from Chapter 11 conducted before the US Bankruptcy Court for the Southern District of New York. Azul stated all conditions under the plan of reorganisation "have been satisfied or waived", and provided the following restructuring results:

  • Reduction of loans and financing debt by approximately USD1.1 billion;
  • Reduction of aircraft lease debt by nearly 40%;
  • Estimated reduction in annual interest payments of more than 50% compared to pre‑Chapter 11 levels;
  • Estimated reduction of approximately one third of recurring aircraft leasing;
  • Estimated pro forma net leverage after implementation of the plan of reorganisation, upon emergence of less than 2.5x;
  • Capital raise of approximately USD1.4 billion through the issuance of senior notes and USD950 million in equity commitments. [more - original PR]

Background ✨

Azul secured equity investments from United Airlines and American Airlines, each committing USD100 million, and received approval from Brazil's Administrative Council for Economic Defense for United's investment, which was scheduled to settle on 20-Feb-2026. Additional capital was raised through a USD1.4 billion exit financing offer and incremental investments from existing creditors, supporting Azul’s emergence from Chapter 11 proceedings in early 20261 2 3 4.

Spirit Airlines scheduled to suspend three times weekly Fort Lauderdale-Grand Cayman service on 12-Apr-2026, as per a 20-Feb-2026 GDS inventory and timetable display. The LCC is ending all services from Grand Cayman Island Owen Roberts International Airport. JetBlue Airways also operates the route, according to OAG.

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