Aviation News – ANA Group to Wind Down Air Japan Operations The All Nippon Airways (ANA) Group has announced plans to shut down its long-haul low-cost carrier, Air Japan, by 2026. The move marks a strategic shift in the airline group’s approach to the budget travel segment as it reassesses post-pandemic market demand. Air Japan, launched to serve international long-haul routes under a low-cost model, was introduced as part of ANA’s broader strategy to capture emerging travel demand in Asia and beyond.

Investing.com -- Wizz Air (LON:WIZZ) reported a 6.8% increase in passenger numbers to 6.3 million for July, while its load factor decreased by 1 percentage point to 92.8%. The budget airline would need to see passenger growth accelerate to 10.5% in August and September to meet the second-quarter consensus estimate of 19.6 million passengers. Cirium seat capacity data indicates August capacity is up 11% while September shows a 7.5% increase, suggesting the company is on track to achieve its quarterly passenger targets with a busy August ahead. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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In a significant blow to the budget airline industry, Spain's Consumer Rights Ministry has imposed hefty fines on five major carriers for what it deems

Aviation News – Spirit Airlines has announced a major fleet reduction as part of its Chapter 11 bankruptcy restructuring, a move aimed at cutting costs and stabilizing the low-cost carrier’s operations. The airline, which currently operates around 214 aircraft, plans to downsize by nearly 100 planes, according to statements made by Spirit’s Chief Financial Officer Fred Cromer to creditors on October 10, 2025.

(Reuters) -Budget carrier Wizz Air on Thursday reported an annual operating profit that fell short of analysts’ expectations, as capacity constraints due to grounded planes and stubbornly high costs continued to weigh on performance. European airlines have warned of longstanding delivery delays and uncertainty around maintaining post-COVID demand amid the economic turmoil tied to U.S. President Donald Trump’s tariff threats. However, the sector has largely benefited from lower fuel prices. Wizz Air in particular has been affected by repair problems with RTX-owned Pratt and Whitney engines, limiting its ability to increase capacity. It has issued two profit warnings in the last year. Chief Executive Jozsef Varadi emphasized the carrier’s resilience, blaming challenges on grounded planes. "We have the benefit of more than a year of experience operating under these unique circumstances – conditions airlines would never experience when demand exceeds supply," he said in a statement. Wizz Air reported an operating profit of 167.5 million euros ($191.05 million) for the financial year, down 61.7% from a year ago and missing the 246 million euros projected by analysts polled by LSEG. Wizz Air uses a financial year running from April 1 to March 31. The company said on Thursday that it would not provide guidance for 2026 at this stage of the year, citing limited visibility across its trading seasons. In January, Varadi said that he expects the airline to be impacted by the engine repair challenges for another two to three years. Wizz Air shares have dropped more than 30% in the last year, continuing the carrier’s streak as the worst share performer among European airlines. ($1 = 0.8767 euros)

By Lisa Barrington SEOUL (Reuters) -Southeast Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based offshoot Jetstar Asia. Low-cost carriers have proliferated in Asia in the past two decades as disposable incomes rise, supported by robust travel demand from Chinese tourists. Demand for air travel in Asia is expected to grow faster than other regions in the next few decades and carriers like Vietnam’s VietJet Aviation and Malaysia-headquartered AirAsia are to buy more planes to add to their already large orderbooks as they seek to gain market share. But margins are thinner than in other regions. The International Air Transport Association (IATA), an airline industry body, this year expects Asia-Pacific airlines to make a net profit margin of 1.9%, compared with a global average of 3.7%. Airlines across Asia have largely restored capacity since the pandemic, which has intensified competition, especially for price-sensitive budget travellers, and pulled airfares down from recent high levels. International airfares in Asia dropped 12% in 2024 from 2023, ForwardKeys data shows. AirAsia, the region’s largest budget carrier, reported a 9% decline in average airfares in the first quarter as it added capacity and passed savings from lower fuel prices onto its customers. Adding to challenges for airlines, costs such as labour and airport charges are also rising, while a shortage of new planes is driving up leasing and maintenance fees. This shifting landscape prompted Australia’s Qantas to announce last week that its loss-making low-cost intra-Asia subsidiary Jetstar Asia would shut down by the end of July after two decades of operations. Jetstar Asia said it had seen "really high cost increases" at its Singapore base, including double-digit rises in fuel, airport fees, ground handling and security charges. "It is a very thin buffer, and with margins this low, any cost increase can impact an airline’s viability," said IATA Asia-Pacific Vice President Sheldon Hee, adding that operating costs were escalating in the region. Aviation data firm OAG in a February white paper said Asia-Pacific was the world’s most competitive aviation market, with airfares driven down by rapid capacity expansion "perhaps to a point where profits are compromised". "Balancing supply to demand and costs to revenue have never been more critical," the report said of the region’s airlines. ’GO BIG OR GO HOME’ Southeast Asia has an unusually high concentration of international budget flights. Around two-thirds of international seats within Southeast Asia so far this year were on budget carriers, compared to about one-third of international seats globally, CAPA Centre for Aviation data shows. Qantas took the option to move Jetstar Asia’s aircraft to more cost-efficient operations in Australia and New Zealand rather than continue to lose money, analysts say. Budget operators in Southeast Asia were struggling for profits amid fierce competition even before the pandemic and now there is the added factor of higher costs, said Asia-based independent aviation analyst Brendan Sobie. Low-cost carriers offer bargain fares by driving operating costs as low as possible. Large fleets of one aircraft type drive efficiencies of scale. Jetstar Asia was much smaller than local rivals, with only 13 aircraft. As of March 31, Singapore Airlines (OTC:SINGY)’ budget offshoot Scoot had 53 planes, AirAsia had 225 and VietJet had 117, including its Thai arm. Low-cost Philippine carrier Cebu Pacific had 99. All four are adding more planes to their fleets this year and further into the future. VietJet on Tuesday signed a provisional deal to buy up to another 150 single-aisle Airbus planes at the Paris Airshow, in a move it said was just the beginning as the airline pursues ambitious growth. The deal comes weeks after it ordered 20 A330neo wide-body planes, alongside an outstanding order for 200 Boeing (NYSE:BA) 737 MAX jets. AirAsia, which has an existing orderbook of at least 350 planes, is also in talks to buy 50 to 70 long-range single-aisle jetliners, and 100 regional jets that could allow it to expand to more destinations, its CEO Tony Fernandes said on Wednesday. "At the end of the day, it is go big or go home," said Subhas Menon, director general of the Association of Asia Pacific Airlines.

With the rise of low-cost airlines, it's easier than ever to travel on a budget. However, flying with a budget airline can come with some challenges. In this guide, we'll share some tips for surviving and making the most of [...]