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Europe   Aviation Safety & Regulation   Airlines  
FlightGlobal • David Kaminski-Morrow

Russia revokes Izhavia’s air operator certificate after maintenance and safety violations

Rosaviatsiya will annul Udmurtia-based regional carrier Izhavia’s air operator certificate effective Aug. 1, following inspections that found incomplete maintenance procedures, crew work-schedule irregularities and deficiencies in the airline’s safety management system. The carrier failed to address the findings, and the decision is irreversible under Russian law.

2026-07-31T00:05:22.711319-07:00
Supply Chain   Aircraft Manufacturing (OEMs)   GKN Aerospace  
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GKN Aerospace owner Melrose warns of cost hit from plant incident, pauses buyback

By Reuters: GKN Aerospace owner Melrose Industries on Friday said it expects additional costs of £25 ​million to £30 million ($33.6 million to $40.3 million) in ‌the second half of 2026 after an incident at its Garden Grove facility in California in ​May.

2026-07-31T00:19:13.536946-07:00
ISS   Airline Industry & Market Trends   Geopolitical Developments & Conflict Impact   Airlines  
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British Airways owner IAG second-quarter profit drops 16% on Iran war hit

By Reuters: British Airways owner IAG reported a 16% drop in second-quarter profit on Friday, weighed down by soaring fuel costs and ​weak travel demand linked to the Middle East conflict, and said ​it now expects capacity to be flat this year.

2026-07-31T00:19:18.180310-07:00