Low-Cost Carrier

Wizz Air has reached half a billion passengers in just close to 22 years since its launch. According to AeroTime, the carrier achieved this milestone faster than any major European peer.

Wizz Air reported a 26% increase in operating profit to €439.2 million in the first six months of 2025, driven by operational improvements and capacity adjustments. The airline has closed its Abu Dhabi base and initiated the closure of its Vienna base, with plans to open new bases at lower-cost airports.

Vueling, part of International Airlines Group (IAG), has unveiled its 'Rumbo 2035' strategic roadmap, aiming to increase annual passengers to 60 million by 2035. The airline plans to invest €5 billion in fleet renewal and modernization, transitioning from an all-Airbus fleet to Boeing 737 MAX aircraft.

Tigerair Taiwan has placed an order for four Airbus A321neos at the Singapore Airshow 2026, marking the airline's first order of this model. According to AeroTime, Chairperson Joyce Huang stated that the new aircraft will support network expansion and deliver improved fuel efficiency.

Qantas Airways will sell its 33% stake in Narita-based Jetstar Japan to a Japanese-led ownership group, led by the Development Bank of Japan. This decision aims to transition the airline to a new phase of growth and success.

Jetstar is launching its first international service from Melbourne Avalon Airport, with five weekly round-trip flights between Melbourne Avalon and Bali Denpasar Airport starting March 23, 2026. The airline will also resume service to Adelaide and increase frequencies to Brisbane.