Airline Industry Roundup – August 21, 2025

LONDON / MONTREAL / MADRID – Several major developments unfolded today in the global airline sector:

Air Canada Restarts Services After Flight Attendant Strike Air Canada said 98% of its domestic flights and 99% of U.S. routes will run in the next 24 hours. This comes after over 10,000 flight attendants ended their weekend strike. International service restoration is in progress. Today, 94 percent of planned overseas flights are set to operate. Full normalization is expected in 10 days. The carrier has a new reimbursement policy for customers who booked other transportation during the disruption. They will also hold a vote on the tentative agreement with flight attendants from August 27 to September 6.

Turkish Airlines to Buy Stake in Air Europa Turkish Airlines announced that its €350 million offer for a minority stake in Air Europa has been accepted by the board. The deal should close in 6 to 12 months if approved by regulators. It will give Turkish Airlines an equity stake. This means they can better coordinate services between Madrid and Istanbul and share facilities at Airport Madrid-Barajas.

British Airways Expands Summer 2026 Network British Airways shared its summer 2026 schedule. They will boost flights on key transatlantic routes. Plus, flights to Dallas–Fort Worth from London Heathrow are coming back. The airline will double its daily flights to Miami. It will increase Las Vegas flights to 13 a week. Also, new routes to Kingston, Jamaica, and year-round service to Bangkok will start. Middle Eastern expansions now include flights to Bahrain every day. There are also as many as 14 weekly services to Riyadh and Doha.

**Spirit Airlines Warns of Ongoing Financial Strains** Five months after bankruptcy, Spirit Airlines said it might have trouble staying cash-flow positive. This warning comes after a Fitch Ratings downgrade last Friday. They may need more funding to avoid issues. The low-cost carrier had a loss of about $257 million from March to June. It is now looking to sell off assets and cut some routes to improve its cash flow.

• This report compiles the day’s top headlines affecting airlines worldwide.