Hong Kong Airlines will start daily flights to Hanoi from 19 December, a route it last served in February 2020. The carrier's executive vice president Li Dianchun says the new route will help cater to rapid growth in Vietnam's tourism market. "Building on our successful experience operating the Da Nang route, we are even more confident in the potential of the Vietnamese market. We look forward to deepening our presence in Vietnam and offering passengers more convenient and efficient travel options," he adds. Schedules data shows that Hong Kong Airlines will be the fourth operator on the route after Cathay Pacific, HK Express and Vietnam Airlines.

Pegasus Airlines has cut its earnings guidance for the full year after unit revenue fell back sharply in the third quarter. Revenue per ASK slipped 14% year on year amid what Pegasus describes as a "complex market environment" impacted by macroeconomic and geopolitical challenges that spilled over from earlier in the year. The carrier notes that foreign visitor arrivals to Turkiye were flat during the quarter and that it was forced to stimulate demand. "These initiatives have proven effective," it says, citing the strength of its load factor, which rose to 89.2%, the highest level since 2019. "The market environment remains unchanged in Q4," it adds. Most notably, revenue from international scheduled services, which accounts for the vast bulk of the total, fell back 6% to €570 million ($660 million). ASKs were lifted 17% year on year. Absolute passenger numbers increased 16%. Revenue rose 1%, but EBITDA slipped 11% to €395 million, reducing the margin to 35.9% from 40.6% a year earlier. Pegasus has reiterated capacity guidance for growth of 14-16% for the year, but RASK is now projected to fall by 6-8%, against a mid-single digit forecast previously. The airline foresees an EBITDA margin of around 26%, having previously guided that it would be 26-27%. In 2024, it was 28.4%. Speaking to Cirium last month, Pegasus commercial chief Onur Dedekoylu said that the carrier would press ahead with its ambitious growth plans despite headwinds in European leisure demand and a softer tourism season in Turkiye. He highlighted that the Istanbul-based low-cost carrier had grown passenger numbers 17% in 2024 and was targeting another double-digit increase for 2025, while acknowledging that trading conditions had become tougher. "The Turkish lira has been overvalued against hard currencies, making Turkiye less competitive compared to other destinations," said Dedekoylu. "We've grown fast without losing cost discipline. That's the key to sustaining profitability."

Spirit Airlines has reached an agreement in principle with its pilots and flight attendants. Both agreements, which are subject to definitive documentation, ratification, and court approval, represent "important steps and additional progress in the company's ongoing Chapter 11 restructuring to position Spirit for the future", the airline says. Spirit's pilots are represented by the Air Line Pilots Association (ALPA), while its flight attendants are represented by the Association of Flight Attendants-CWA (AFA). Spirit notes its senior leadership has committed to taking a salary reduction at "a percentage not less than the pilot group's reduction upon ratification of a tentative agreement with pilots". Dave Davis, president and chief executive of Spirit, states: "These agreements reflect the shared commitment of our team members and principal labour unions in securing a successful future for Spirit, and we thank ALPA and AFA leadership for their partnership and collaboration. "We're grateful to our pilots and flight attendants for their professionalism, resilience and unwavering commitment to safety and our guests as we work to build a stronger airline that Americans can count on for many years to come." The company estimates that the annual savings from these agreements in principle, if implemented, achieves the target necessary for its next draw under its debtor-in-possession financing. Last month, Spirit received bankruptcy-court approval for a multi-tranche debtor-in-possession financing facility of up to $475 million from its bondholders.