Business
Lufthansa hits record revenue as Iran war fuel costs eat into profits
The German airline group posted its highest-ever revenue in 2025 and improved its first-quarter results, but soaring jet fuel costs linked to the Iran war are forcing route cuts and pushing annual profit below initial forecasts.
USA
Spirit Airlines goes out of business after 34 years
The budget airline had hoped for a government bailout to arrive on Friday to prevent it from going out of business. The Trump administration announced on Friday that it had offered the airline its final proposal, but a deal could not be reached.
Business Series
New aviation hub focuses on domestic talent and advanced simulation
In partnership with Azpromo
Azerbaijan is centralising its pilot and air traffic control training through a sophisticated new hub at the National Aviation Academy to foster local expertise and meet global safety benchmarks.