Newsletter
Engine overhaul times have tripled since 2019. More than 22,000 technician positions remain unfilled. Southwest posted record Q2 revenue despite $889mn in additional fuel expense. airBaltic bondholders approved short-term relief on August 17.
Newsletter
EasyJet Q3 profit falls 70 per cent to $109mn (£85mn) as a $134mn (£105mn) fuel cost rise absorbs the revenue gain. AirBaltic bondholders approve debt restructuring as the fleet is cut to 36 aircraft. The UK and Google launch the world's first airspace-scale contrail avoidance trial.
Newsletter
The hedge books that kept European airlines profitable through the Iran conflict are rolling off. Lufthansa just above 50 per cent covered for 2027 after restarting hedging in Q2. Norwegian at 25 per cent. The first quarter of 2027 will answer a question this results season only deferred.
Newsletter
WestJet cancels 276 flights as cabin crew strike becomes possible from 2 August. IndiGo suspends widebody operations from 25 October as fuel costs and routing disruptions make the Norse Atlantic 787 lease unviable. Rolls-Royce raises full-year profit guidance after H1 earnings rise 46 per cent.
Newsletter
Boeing completed MAX 7 and MAX 10 flight testing on July 28, but document submissions remain open and FAA review has not begun. The DOT quietly made airfare less transparent. Apollo has until August 7 to bid for easyJet or walk away. Three deadlines, three different kinds of risk.
Newsletter
Boeing returns to positive free cash flow in Q2 as revenue rises to $24.6bn. The A350-1000ULR completes a 24-hour transpacific return from Melbourne. Singapore Airlines posts its first quarterly loss since 2022, hit by fuel costs and Air India losses.
Newsletter
IATA names Saadia Zahidi as its first female director general, the first outsider in 40 years. Riyadh Air launches Kuala Lumpur on 30 July as its first Southeast Asian route. Korean Air retires the Asiana brand on 17 December as the five-year merger process enters its final stretch.
Newsletter
Farnborough closed with 327 firm orders, a 29-order Boeing lead, and a split SMBC lessor order that said more than any airline commitment did. Monroe Energy is costing Delta five to seven cents per gallon through September. The easyJet deadline is eleven days away.
Newsletter
Farnborough closes with 327 firm orders, below bullish forecasts but above 2024. The Project Sunrise A350-1000ULR departs Toulouse on a 17,000km nonstop test flight to Melbourne. Alaska Air swings to a Q2 net loss of $76mn as fuel costs rise 85 per cent.
Newsletter
Farnborough opens with 234 firm orders and $48.8bn (£36.2bn) in commitments on day one. IndiGo signs the largest single LEAP engine order in CFM history. Airbus launches its Wing of Tomorrow high-span wing flight test campaign for the next-generation single-aisle.
Newsletter
EASA tells European airlines to avoid UAE, Bahrain, Kuwait and Qatar airspace as US-Iran fighting reignites. United Airlines beats Q2 estimates but operating margin contracts on fuel costs. Boeing posts its strongest Q2 delivery tally since 2018.
Newsletter
Korean Air posts record Q2 revenue of $3.4bn but swings to a net loss as fuel costs bite. Norwegian Group's Q2 operating loss of $61.9mn beats analyst forecasts for the wrong reasons. Flydubai restores daily Dubai-Aleppo service from 20 July, ending a 14-year absence.