The U.S. Treasury Department removed counter-terrorism sanctions from Iraq's Fly Baghdad Airlines and two of its aircraft that were imposed in 2024 over alleged links to Iran's Islamic Revolutionary Guard Corps Quds Force, citing changes in the airline's behavior. The airline's owner, Basheer Al-Shabbani, remains under active U.S. sanctions.
More than 4,000 WestJet flight attendants launched a strike at 12:01 a.m. MT on Sunday after contract negotiations collapsed, grounding over 300 flights and stranding thousands of travelers during a busy long weekend period.
The Russian government announced a ban on jet fuel exports lasting until November 30, 2026, citing ongoing Ukrainian strikes on oil refineries that have caused domestic production declines and fuel shortages. The ban triggered declines in Indian aviation stocks, with SpiceJet and IndiGo shares falling up to 2.5%.
Lufthansa announced the cancellation of 20,000 flights due to soaring jet fuel prices and shortages caused by the closure of the Strait of Hormuz. Airlines across Europe are lobbying governments to relax environmental rules and modify passenger compensation rights.
