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BloombergStephanie Hughes, Thomas Seal

Air Canada cuts full-year earnings outlook as jet fuel costs surge nearly 50%

Air Canada lowered its full-year earnings outlook as surging jet fuel prices, driven by the Iran war, pressure the carrier’s cost base. The revision highlights the immediate financial exposure of airlines to geopolitical shocks and fuel-market volatility.

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2026-08-11T16:21:57.883594-07:00
SpaceNews.comSandra Erwin

Golden Dome money starting to reach contractors, but long-term funding still unclear

By SpaceNews.com: HUNTSVILLE, Ala. — Uncertainty over Golden Dome’s long-term funding is hanging over the Pentagon’s missile defense plans, even as defense executives say money is beginning to reach contracts for satellite sensors, interceptor weapons and other programs now grouped under the initiative.

2026-08-11T11:20:36.865482-07:00
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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).

2026-08-11T15:20:36.028504-07:00
FlightGlobalGraham Dunn

Air Baltic to reduce A220 fleet under new business plan

By FlightGlobal: Latvian carrier envisages a long-term fleet of around 40 A220-300s as it works on €225m interim recapitalisation.

2026-08-11T06:35:55.747652-07:00