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easyJet plc reported (22-May-2025) a loss before tax of GBP394 million (EUR468.92 million) for the six months ended 31-Mar-2025, compared to a loss of GBP350 million (EUR416.55 million) in H1FY2024. The carrier stated the performance was "in line with consensus" and represents a "slight improvement year-on-year" when adjusted for "the timing of Easter and one-offs netting out". easyJet added that investments in capacity during H1FY2025 drove gains in crew productivity (+6%) and asset utilisation (+5%), contributing to the performance. The LCC achieved a strong performance in Q1FY2025 resulting in a GBP65 million (EUR77.36 million) year-on-year improvement, before the seasonally challenging Q2FY2025 faced impacts including the necessity for price stimulation. The carrier stated it anticipates route maturity in winter 2025/26 and beyond to "further improve these winter losses". easyJet added that current bookings are supportive of meeting FY2025 consensus, with the LCC on track to achieve its medium term target of GBP1 billion (EUR1.19 billion) profit before tax. CEO Kenton Jarvis stated: "We continue to see strong demand for easyJet's flights and holidays... We remain focused on delivering another record summer this year, expecting to drive strong earnings growth as we continue to progress towards our target of sustainably generating over GBP1 billion of annual profit before tax". [more - original PR]

Garuda Indonesia announced (23-May-2025) the following operational and financial highlights for 1Q2025:

• Fulfilled scheduled interest payments on bonds and sukuk, reflecting "discipline in meeting financial obligations and maintaining investor confidence";
• Scheduled flights contributed 83% of revenue, remaining the main source of income;
• Non-scheduled flights, mainly charter for Umrah services, contributed 5% of revenue and "grew sharply" by 93% year-on-year;
• Other revenues contributed 11%, mainly driven by aircraft MRO services and flight related services;
• Achieved fuel efficiency improvements, including savings of USD28 million through the expansion of the fuel consumption optimisation programme;
• Operated Indonesia's first commercial flight using sustainable aviation fuel.

Garuda Indonesia stated it remains focused on executing its transformation roadmap, including cost optimisation, fleet efficiency improvements and service quality enhancement. The carrier noted it is on track to reach a fleet of 100 aircraft by the end of 2025 and is "well positioned" to capture future growth. [more - original PR]

London Gatwick Airport announced (20-May-2025) the launch of the Gatwick Region Airport Economic Zone (AEZ), following six months of preparatory work from the public and private sectors. The Gatwick AEZ covers West Sussex, East Sussex, Brighton & Hove, Surrey, Croydon and Kent, accounting for GBP155 billion in gross value added, or 7% of the UK economy. Gatwick Airport added that the boundaries of the zone "will remain flexible". The Gatwick AEZ is the UK's first "aviation-powered economic zone", intended to bring together airports and their surrounding regions to leverage the economic value of the airport and attract investment. Gatwick Airport CEO Stewart Wingate stated: "Forming the Gatwick Region Airport Economic Zone is part of our future plans to deliver economic growth and give the region a powerful single voice and recognisable identity to help unlock new investment, trade and tourism opportunities". [more - original PR]

European Regions Airline Association (ERA) called (22-May-2025) for a revision of EU261 regulation on air passenger rights. ERA said the current regulation places an "unsustainable burden" on regional airlines. ERA requested the following elements to be included in the revised regulation:

• Compensation levels must reflect regional realities;
• Extended delay thresholds from three to five hours for short haul flights;
• Limited conditions for rerouting;
• Binding, non-exhaustive list of extraordinary circumstances.

ERA director general Montserrat Barriga stated: "If the financial burden on regional airlines continues to rise unchecked, the consequence will be the closure of routes that many communities depend on and make regional airlines less competitive hence reducing choice and increasing prices for passengers". Ms Barriga added: "Regulation must strike a balance between protecting passengers and ensuring that the airlines serving remote and underserved regions can continue to operate sustainably". [more - original PR]

easyJet announced (21-May-2025) plans to open a three aircraft base at Newcastle International Airport in Mar-2026, marking its 11th base in the UK. The base is projected to create 130 direct jobs for pilots, crew and engineers. The LCC operates eight routes from Newcastle, with new routes and package holidays for summer 2026 to be confirmed "in the coming weeks". The announcement follows the launch of new bases at London Southend Airport in Mar-2025 and Birmingham Airport in 2024. [more - original PR]

Air India completed (21-May-2025) its "first-ever airport-to-door international cargo delivery", a temperature controlled shipment of six tonnes of pharmaceuticals from Delhi to Brussels via Paris CDG. The airline handled more than 4000 tonnes of pharmaceutical cargo in FY2024/25 and expects "airport-to-door deliveries will be a key part of its cargo business growth". [more - original PR]