Aviation Market

Almost 756,000 passengers passed through Vilnius, Kaunas and Palanga airports in July, a new monthly record and a 10% increase compared to last year

Wizz Air says measures targeting its Belgrade operations threaten competition, connectivity, and consumer choice in Serbia's aviation market

After Spirit Airlines made the dramatic decision to halt its operations, rivals have stepped in with rescue fares, job support, and added flights, helping stabilize travel and limit disruption. Spirit: "This is tremendously disappointing and not the outcome any of us wanted”

Aegean Airlines resumes flights to Israel early

The acquisition of 49% of an airline registered in Malta may allow the company to operate with an additional aviation license, expand charter operations and improve operational flexibility in the European market

Ryanair has opened a new aircraft base in Tirana, adding routes, jobs, and expanding its presence in Albania’s fast-growing aviation market. "Ryanair’s record 2026 growth at Tirana will deliver 44 routes, and 4 million passengers"

Riyadh Air launches cargo operations as part of a broader strategy to turn Saudi Arabia into a global aviation and logistics hub. Riyadh Cargo brand will be based on a wide-body fleet and focus on digital innovation and connectivity to key markets

The merger of Allegiant and Sun Country Airlines, worth approximately $1.5 billion, is expected to create one of the largest leisure airlines in the US, with approximately 22 million passengers per year, a fleet of approximately 195 aircraft, and a network of 650 routes

A new record for airports in Lithuania in the number of flights places the country at the top of the Baltic aviation market. infrastructure investments and airline expansion brought an 8.3% increase in revenues compared to 2024

Turkish airline Pegasus acquires the Czech company, including part of Czech Airlines, to expand its destination network and enhance passenger experience