News from above: La Compagnie, Gol, Philippines Airlines, Delta Air Lines, Aerolinas Argentinas, Lufthansa, Air France/KLM, etc.

June 16th, 2026   Rédaction   No Comment   Airline    Avianca, GOL, Philippines    1233 views

Airlines saw the biggest gains on European stock markets following the announcement of an agreement between the United States and Iran ending the conflict that had blocked the Strait of Hormuz. Hopes for the reopening of this strategic waterway for global oil transport led to a drop of more than 4% in the price of Brent crude, improving the sector’s outlook. Investors particularly favored companies in the tourism sector, which are entering the summer season with reduced operating costs. Lufthansa shares jumped by more than 6%, eDreams shares rose by around 6%, Amadeus by 4.2%, Accor by 3.7%, Air France-KLM by 3.8%, and IAG by 3.5%.

The drop in crude oil prices is also reducing the uncertainty surrounding aviation fuel supplies that has surrounded the market in recent months.

Although the agreement still needs to be formalized and previous negotiations have failed, markets are anticipating a more favorable scenario. The EuroStoxx 50 is up 2%, reflecting investor optimism about a possible decrease in energy costs and a more positive outlook for European companies.

Scandinavian Airline Systems (SAS) concluded two codeshare agreements this week with Garuda Indonesia and Aerolíneas Argentinas. The agreement with Garuda Indonesia will allow SAS passengers to travel to Jakarta and Bali from the airline’s main Nordic airports via convenient connections in Amsterdam or Tokyo Haneda, all on a single ticket. The codeshare flights are available for booking now for travel starting June 15. Flights to Bangkok will also be added to the agreement for the upcoming winter season.

Under this agreement, the accumulation and redemption of frequent flyer points will be reciprocal for both airlines.

Furthermore, a new agreement with Aerolíneas Argentinas will allow the Argentine carrier to place its AR code on SAS flights connecting Madrid and Rome to Copenhagen, Stockholm, and Oslo. SAS will also place its SK code on Aerolíneas Argentinas’ transatlantic flights between Buenos Aires, Madrid, and Rome.
The agreement between the SkyTeam members will allow passengers to travel on a single ticket, with checked baggage transferred to the final destination—a change that the carriers say will « significantly improve the travel experience. »

Delta Air Lines launched direct flights this month between Los Angeles and Hong Kong, as well as Chicago O’Hare, and recently announced a new direct service to Vancouver, British Columbia, which will begin this November.

La Compagnie is extending its Nice-New York service for the first time, starting in winter 2026/2027. Building on the success of the route since its relaunch and the growing popularity of the French Riviera among American travelers, La Compagnie is expanding this service beyond the summer season. The Nice-New York (Newark) route will operate twice weekly during the 2026/2027 winter season.

– Departure from Nice on Tuesdays and Fridays at 12:00 PM, arrival in New York (Newark) at 3:30 PM.

– Departure from New York (Newark) on Mondays and Fridays at 8:30 p.m., arrival in Nice at 10:20 a.m. the following day

Air Canada and the Abra Group, parent company of the airlines Avianca and Gol, have signed a memorandum of understanding to create a joint venture, the two companies announced Sunday. The final agreement is subject to the completion of documents and regulatory approval. If approved, this collaboration would offer the following benefits: a joint commercial agreement on certain routes between Canada and Latin America, coordinated sales and distribution, and enhanced code-sharing cooperation.

Furthermore, a new direct Air Canada service between Nantes and Montreal, operating three times a week until October 12, 2026, strengthens connectivity between Western France and Canada while offering convenient access to Air Canada’s entire North American network via its Montreal hub.

Also noteworthy is the upcoming arrival of the Airbus A321XLR on this route, starting July 23, 2026, the newest long-haul aircraft in the Air Canada fleet.

Philippine Airlines has agreed to become a member of the Oneworld airline alliance, the company and Oneworld announced at the International Air Transport Association’s annual meeting in Rio de Janeiro, Brazil. Upon joining, the airline will become the 16th member.