LATAM Airlines has reported an operating profit of $558 million for the first quarter of 2025, a 27% rise compared with the $441 million profit made during the same period in 2024. The Chile-based airline group generated $3.41 billion in first quarter operating revenue, up from $3.32 billion in 2024's first quarter. Expenses, at $2.85 billion, were down from $2.88 billion in last year's first quarter. LATAM raised its first-quarter capacity by 7.3%, "primarily driven by a 10.7% increase in international operations", it says. The group ended the first quarter with cash and cash equivalents of $2.15 billion, total gross debt of $7.1 billion, and net debt of $4.9 billion. LATAM has improved its guidance for full-year 2025, and now expects an adjusted operating margin of 13-15%, up from 12-13.5% in the previous guidance issued on 3 December 2024. The raising of its guidance reflects LATAM's "strong financial performance", the South American carrier's chief executive Roberto Alvo said on 29 April during an earnings call. "This update is supported by the group's operation flexibility and cost-containment abilities, as well as continued demand strengths that serve across the group's domestic and international markets." Alvo notes that, so far, LATAM's business has not been adversely affected by recently imposed US government tariffs and related worsening travel demand being reported by US carriers. "We have not seen, to date, in our bookings or in our cargo revenues, any relevant impact from all the announcements and the news that we have seen from tariffs," Alvo says. He adds: "Our markets are not following necessarily the dynamics that you see in the US."

Nationwide power cuts across Spain and Portugal are threatening to force cancellation of swathes of services to and from the two countries, causing chaos for airlines. Electricity outages have been reported across the Iberian peninsula, stranding millions of people without power. National providers say they are working to restore services as soon as possible, in stages. A cause has not yet been identified. Data shows that across Spain and Portugal around 3,700 return services were scheduled to take place on 28 April. Most severely affected are Ryanair Group, with around 1,440 return services; Iberia, with 480; and TAP Air Portugal, with 400. EasyJet also has 272 return services planned, and Air Europa 146. For carriers based in the country, the vast majority of their global operations will be impacted. TAP has advised passengers not to travel to the airport until power services are restored. Air Europa says flights will operate "as airports allow" and that delays are expected. Spanish airport operator Aena says "some incidents are occurring at the airports" and that passengers should check with their airlines before travelling in. Aena's website also confirms widespread disruption.. All arrivals have been cancelled at Madrid-Barajas, Spain's busiest airport, and departures are heavily delayed. The danger for airlines is the longer the outage lasts, the more disruption will ricochet across the continent and further afield as crews and aircraft remain out of position. Outages that cause disruption and delays can be expensive for airlines. A failure by the UK airspace controller NATS in August 2023 led to the cancellation of around 1,500 flights, resulting in industry estimates of around £100 million ($134 million) in extra costs.

An equipment outage on 28 April at Newark Liberty airport in New Jersey is causing "residual delays" to flights. The airport says in an update posted at 19:29 local time that the disruption has been caused by an "earlier FAA equipment outage" without providing further details. Flight tracking data shows that almost two hours after the airport's latest update that it is still experiencing excessive delays. Newark is a key hub airport for United Airlines which has issued a travel waiver for passengers on impacted flights to and from the airport. "An FAA equipment malfunction caused a significant disruption at Newark Liberty Airport this afternoon, shutting down all flight operations. As the FAA fully restores its ability to manage air traffic control at Newark, we expect cancellations and delays for the rest of the day," it says in a post on X.