Bookmark this story
aviation   Europe   Airline Industry & Market Trends   Airlines  
Bloomberg • Kate Duffy, Leen Al-Rashdan

Wizz Air reports quarterly loss as Iran war drives up fuel costs and industry pressures persist

Wizz Air Holdings reported a quarterly loss and warned that challenges will continue as Europe’s budget-carrier sector struggles to control expenses. The Iran war is pushing jet-fuel prices higher, adding cost pressure to an airline already navigating difficult operating conditions.

Also: Financial Times and The Independent
2026-08-05T23:32:08.720770-07:00
defense   Military Aircraft Procurement   Missile Systems & Strategic Weapons   Defense Industry & Major Contractors   Boeing  
Bookmark this story
Seapower Magazine • Press Release

U.S. Air Force Awards Boeing $75 Million Contract for Long-Range JDAM Munition

By Seapower Magazine: ST. CHARLES, Mo. — The U.S. Air Force has awarded Boeing a $75 million Undefinitized Contract Action to acquire the BSU-111/B Payload Delivery Unit Joint Direct Attack Munition Long Range (JDAM LR), a precision-guided munition that can travel over 300 nautical miles with a 500-pound class (226-kilogram) payload.

Also: Seapower Magazine and Seapower Magazine
2026-08-05T13:30:55.127045-07:00
aviation   Aircraft Manufacturing (OEMs)   Defense Industry & Major Contractors  
Bookmark this story
NEW
FlightGlobal • Greg Waldron

Japanese aerospace heavyweights post good first quarter

By FlightGlobal: The aviation units of key Japanese conglomerates have enjoyed strong first quarter revenues. Japanese industrial groups Mitsubishi Heavy Industries (MHI), IHI, and Shinmaywa have posted their first quarter results for three months ended 30 June, with all three highlighting the performance of their aerospace units.

2026-08-06T00:45:08.904789-07:00
aviation   Aircraft Finance & Leasing   Airline Industry & Market Trends   Airlines   Embraer  
Bookmark this story
FlightGlobal • Alfred Chua

Qantas revises E-Jet wet-lease deal with Alliance Aviation

By FlightGlobal: Number of E190s on lease will be cut from 30 to 23 aircraft. Australia’s Alliance Aviation has “materially” revised a wet-lease agreement with national carrier Qantas, ahead of restructuring efforts to “right size” its operations.

2026-08-05T20:30:27.034953-07:00
defense   Military Aircraft Procurement   Missile Systems & Strategic Weapons   Defense Industry & Major Contractors  
Bookmark this story
FlightGlobal • Greg Waldron

Australia confirms AIM-260 air-to-air missile procurement

By FlightGlobal: Long-range weapon will initially be used by RAAF’s F/A-18F Super Hornets. The Royal Australian Air Force (RAAF) will be the first nation outside of the USA to operate the Lockheed Martin AIM-260 Joint Advanced Tactical Missile (JATM).

2026-08-05T21:31:05.695500-07:00