Air New Zealand is undertaking significant cost-cutting efforts in response to higher fuel prices. The carrier has identified about NZ$30 million ($20.6 million) in costs that can be removed before July 1, CEO Christopher Luxon told employees in a memo the week of Nov. 26.

Air France-KLM’s new CEO Ben Smith is said to be contemplating the future of Joon—the LCC hybrid sister airline to Air France launched by Smith’s predecessor—while considering plans to boost the airline group’s profitability.

Aeroflot Group’s net profit for the third quarter (3Q) reached RUB27.7 billion ($422.4 million), up 14.2% as the airline group implemented cost controls in the wake of high fuel costs and currency pressure seen through the year.

Falling fuel prices could trigger a small increase in near-term capacity but not major network additions at United Airlines, in part because of the airline’s success in passing through costs during fuel’s price rise, a top executive said.

Indigo Partners, a US private equity firm that specializes in ultra-LCCs, has emerged as a potential new investor in WOW Air, dramatically changing the fortunes of the Icelandic LCC in the same week that an acquisition attempt by Icelandair collapsed.