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FlightGlobalAlfred Chua

Thai Airways profit falls as fuel costs and Middle East uncertainty weigh on second quarter

Thai Airways International reported a sharp year-on-year decline in second-quarter profit despite higher passenger revenue and reduced operations during the April-June period. The national carrier identified elevated fuel costs and continued uncertainty in the Middle East as primary risks to its near-term performance.

2026-08-11T21:35:33.909016-07:00
BloombergJosh Xiao

China Adds More Missile Cells to Frigate, Narrowing Gap With US

By Bloomberg: China appears to be adding more capacity to store and fire missiles on its most advanced frigate model, satellite imagery shows, as the world’s largest navy continues to close the gap with the US in firepower.

2026-08-11T20:35:41.136966-07:00
BloombergStephanie Hughes, Thomas Seal

Blackstone Leads $1.8 Billion Air Canada Loyalty Plan Stake Deal

By Bloomberg: Blackstone Inc. and a group of Canadian pension funds are buying a 25% stake in Air Canada’s Aeroplan loyalty program for C$2.5 billion ($1.8 billion).

Also: CAPA, CAPA and loyaltylobby.com
2026-08-11T15:20:36.028504-07:00