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Ryanair reported (18-May-2026) a profit after tax (PAT) of EUR2.3 billion for the 12 months ended 31-Mar-2026, compared to a FY2025 PAT of EUR1.6 billion. The LCC recorded passenger traffic of 208.4 million, an increase of 4% year-on-year despite delivery delays impacting 29 Boeing 737-8200 aircraft. The carrier reported gross cash of EUR3.6 billion after a capital expenditure spend of EUR1.9 billion, EUR1.2 billion debt repayments and more than EUR900 million in shareholder distributions. Liquidity is further boosted by Ryanair Group's revolving credit facility, which has EUR1 billion undrawn. Net cash was EUR2.1 billion, enabling the group to repay its final EUR1.2 billion bond during the week ending 31-May-2026 and leaving it "effectively debt free", as it aims to rebuild its gross cash back up to EUR4 billion. The LCC added that whilst is "lawyers are confident" that an Italian Competition Authority (AGCM) fine of EUR256 million levied in Dec-2025 "will be overturned on appeal", an exceptional provision of EUR85 million - approximately 33% of the fine - is included as an exceptional charge in the FY2026 results. [more - original PR]

Austrian Airlines announced (18-May-2026) plans to launch a revamped brand in 2027, focusing on the new 'Feels like Flying' brand platform and a newly developed 'Austrian Touch' design strategy. The refined design adds deep dark red and rose accents to the airline's iconic red. Hand-drawn lines inspired by air currents serve as distinctive features across touchpoints, including new amenity kits and premium check-in areas. [more - original PR - German]

Australia's Minister for Infrastructure Catherine King announced (18-May-2026) the following new and updated air services agreements:

• A new agreement with the Maldives enabling airlines of both countries to operate international passenger and cargo services to all international airports in Australia;
• An arrangement with El Salvador enabling airlines to offer codeshare services;
• Updated air services arrangements with Qatar and the United Arab Emirates providing airlines from all three nations access to additional passenger capacity of seven passenger services per week through Western Sydney International (Nancy-Bird Walton) Airport as an international arrival and departure destination. [more - original PR]

Air Côte d'Ivoire is scheduled to commence twice weekly Abidjan-Lagos-Johannesburg service with A330-900 equipment on 14-Jul-2026, according to OAG and the CAPA Route Capacity Analyser. The airline is scheduled to increase frequency to three times weekly from 07-Aug-2026. The carrier currently operates daily Abidjan-Lagos service.

Melbourne Tullamarine Airport CEO Lorie Argus welcomed (18-May-2026) the launch of Maldivian's Male-Melbourne service, stating: "By eliminating the need to transit through a hub in Asia or the Middle East, this service will cut up to 9-10 hours of travel time out of the journey to the Maldives which is really exciting for Victorian travellers. For the first time ever in Australia, you'll be able to jump on a flight in the evening and wake up in the Maldives the next morning". Ms Argus added: "Travel to South Asia is growing with capacity out of Melbourne up 53% on pre-pandemic levels, so I'm sure this service will be in demand". [more - original PR]

Glasgow Airport announced (16-May-2026) WestJet resumed four times weekly Toronto Pearson-Glasgow service with Boeing 737 MAX aircraft. Air Transat also operates the route, according to OAG. [more - original PR]