ARC NEWS
SkyWest's operating income drops in fourth quarter
February 02, 2026
SkyWest cited flight cancellations in October and November triggered by the US government shutdown for a 7.4% fall in operating profit during the quarter ended December, although its full‑year profit rose. The carrier's operating income came in at $134 million in the fourth quarter, down from $144 million in the corresponding quarter of 2024, as operating revenue also fell by 7.4% to $1.02 billion. Total operating expenses increased to $890 million, from $800 million a year earlier. It says that "the Federal Aviation Administration’s mandated flight cancellations in connection with the US government shutdown in October and November 2025" was the main driver of the fall in operating income. Net income for the quarter fell from $97.4 million to $91.2 million. Despite the quarterly decline, full‑year operating income rose 24.8% to $618 million, year‑on‑year, as revenue grew 15% to $4.06 billion, outpacing expense growth of 2.6% to $3.44 billion. Total debt at 31 December 2025 stood at $2.4 billion, down from $2.7 billion a year earlier, reflecting $492 million in principal debt repayments during 2025. Capital expenditure in the fourth quarter totalled $214 million, covering the purchase of five new Embraer 175s, spare engines, and other fixed assets. SkyWest ended the year with a fleet of 487 aircraft, including 270 E175s, 36 MHI RJ CRJ900s, 123 CRJ700/550s, and 58 CRJ200s.


​Lufthansa to retrofit its A380s, A350s and 747-8s
February 02, 2026
Lufthansa will install new business seats on its Airbus A380s and refurbish the entire cabins of its A350s and Boeing 747-8s. Starting in February, the Star Alliance carrier's eight A380s will be retrofitted at EFW in German city Dresden, with work on its 747-8s and A350-900s following "in close succession", the airline says. Following the refit, Lufthansa’s A380 will feature 68 instead of currently 78 business seats, along with eight in first, 52 in premium economy and 371 in standard coach. The number of seats in first, premium and standard economy will remain unchanged after the upgrade. "The retrofit underscores our commitment to providing a top flight experience on the long-haul aircraft that is so popular with our customers," states Heiko Reitz, Lufthansa's hub manager in Munich. In addition to the retrofit, routine maintenance work will also be carried out on the A380s. The first aircraft is scheduled to return to Munich in April. By mid-2027, all eight A380s are scheduled to be retrofitted. Lufthansa has 31 A350-900s in service and another 18 of the variant and 15 A350-1000s on order, Cirium fleets data shows. The carrier will have 17 747-8s following the sale of two aircraft to the US Air Force, disclosed in December, for the future presidential transport programme. Last October, Lufthansa said it planned to keep its A380s in operation until at least 2030, with chief executive Carsten Spohr describing the superjumbo as a "great aircraft" for high-season summer routes when tickets sell out. "Customers love it, and our crews love it," he said. Amid the Covid crisis, Lufthansa mothballed its A380 fleet of 14 aircraft at the time and accelerated a plan to retire six of the jets. High operating costs have been cited as a factor in decisions to retire A380s, though some such pandemic-era moves have been reversed amid resurgent demand and shortage of new widebodies. The data lists 180 A380s in service today, down from 234 at the end of 2019. Twenty-five are in storage.


ATR projects turboprops will drive new aviation growth in India
January 30, 2026
ATR expects that India will require 210 new turboprops by 2044 to meet the growing demand for routes under 400nm that are underserved by aviation. The manufacturer released a white paper at the Wings India air show in Hyderabad using its 'MobilityMonitor' platform, which finds that around 90% of intercity journeys in the country are of 400nm or less, with only 3% of those conducted by air. That puts it significantly behind more mature markets such as China and the United States. But with the planned development towards having 230 airports operating around India by 2030, there is potential for up to 900 new domestic routes, "of which 420 fall squarely into turboprop territory" due to more favourable fuel burn and right-sized capacity compared to regional jets. “With a need for affordable air travel, and fuel costs set to increase, turboprops are the only economically viable solution to scale regional connectivity profitably,” says ATR's senior vice president commercial Alexis Vidal. He adds that the tier II and III cities in the countries will drive the next phase of aviation growth in the country, largely by displacing other modes of transport. "It is demand that already exists, but is largely tapped today by road and rail," he says. "Our analysis shows that this growth cannot be sustainably unlocked without turboprops." Fleets data shows that there are 87 regional turboprops in commercial service and storage in India, with ATR accounting for 69 of those. There are only two more on order for regional carrier Fly91, which are to be leased from DAE Capital. IndiGo is the largest turboprop operator in the country with 46 ATR 72-600s in its fleet, followed by SpiceJet with 24 De Havilland Canada Dash 8-400s, government-owned Alliance Air with 20 ATRs and one Hindustan Aeronautics Do228 while Fly91 has three ATR 72s in service.


LOG ON

CONTACT
SGS Aviation Compliance
ARC Administrator
SGS South Africa (Pty) Ltd
54 Maxwell Drive
Woodmead North Office Park
Woodmead
2191
South Africa

Office:   +27 11 100 9100
Direct:   +27 11 100 9108
Email Us

OFFICE DIRECTORY
Find SGS offices and labs around the world.
The ARC is a mobile friendly website.