Transavia has named KLM executive Paul Terstegge as its new chief executive, effective from 1 February. The 50-year-old Terstegge, who is now vice-president inflight services at KLM, will succeed Marcel de Nooijer, who will be leaving the company, Transavia says. "With this appointment, Transavia takes the next step in targeted growth, expansion of its European network, and the transition towards a quieter and cleaner future," the airline adds.

Alliance Airlines' parent company Alliance Aviation Services has provided more details of how cost pressures have pressured its margins on its major wet-lease contract with Qantas. Speaking during the company's annual general meeting, chairman James Jackson says that one of the immediate priorities for the board is to "review and seek to renegotiate a major ACMI contract". While he did not name the customer directly, Jackson says that it was a contract entered into in 2021 for 14 aircraft and expanded to 30 Embraer 190-E12s, which corresponds to the number and type of aircraft it operates on behalf of Qantas under the QantasLink brand. Alliance also provides capacity to Virgin Australia and dry-leases five E190s to Airnorth, while it has 66 aircraft in service on its own operations, Cirium fleets data shows. Most of those are used for resource industry charter work. He tells shareholders that the "repricing mechanisms in this contract are not sufficient to reflect industry-wide cost inflation", resulting in Alliance bearing additional costs that would usually be passed onto the customer. Jackson details that the contract was based on "below market value" aircraft and engine purchase costs as it was executed during the Covid-19 pandemic, and as replacement engines and heavy maintenance events were incurred "the ACMI contract cost base increased significantly" and has led to "significant margin erosion". "We are working towards a commercial resolution and will keep the market fully informed," he says. Earlier in the speech, Jackson notes that it continues to work with "a major ACMI customer on a historical contract pricing matter" that is expected to have a A$4.2 million ($2.74 million) impact during the current fiscal year. On 7 November the company disclosed that it expected its profit before tax for the year ending June 2026 to fall to A$46-A$56 million, compared to A$82.1 million reported in the year ended June 2025. In providing that guidance, it cited the contract dispute, A$15 million in additional depreciation and an annualised A$12 million in additional maintenance costs above its budget.

China Airlines' board has approved the purchase of five Airbus A350-1000s, five Boeing 777-9s, four 777-8Fs and two 777Fs and the disposal of four 747-400Fs freighters. The total transaction price for the 16 jets is no more than $7.85 billion, states the carrier in a 26 November Taiwan Stock Exchange filing. It details that the unit price of each A350 is no more than $449 million, and no more than $531 million for each 777-9, and no more than $519 million and $438 million for each 777-8F and 777F, respectively. At the same time, the board approved the lease or purchase of two 777Fs, with no more than $876 million for total purchase price and not exceeding $468 million for lease, states a separate same-day filing. The board also approved of the purchase of one Rolls-Royce Trent XWB-97 and three GE Aerospace GE9X spare engines, which power the A350 and 777-9, respectively, with a total transaction price of no more than $229 million, according to another filing. China Airlines also announced the sale of four 747-400Fs, two of which will be sold to Cargolux Airlines for around $40 million, while the other two are still "in business negotiation". The carrier has eight of the type on its fleet, with an average age of 20.2 years, fleets data shows. Excluding those, the carrier's widebody fleet comprises 15 A350-900s, 13 A330-300s, 10 777-300ERs and 10 777-200LRFs. The carrier had announced in June that its board approved the lease and purchase of five A350-900s, following on the heels of its firm orders earlier in the year for 10 A350-1000s, 10 Boeing 777-9s and four 777-8 Freighters. China Airlines also has 18 787-9s and six 787-10s on order, while it has eight 787-9s, five 777-9s and four 777-8Fs on option, Cirium fleets data shows.