Europe   Airline Industry & Market Trends   Airlines  
Reuters • Joanna Plucinska, Raechel Job, Raechel Thankam Job

IAG posts record €5.0bn operating profit, up 17.3%, as premium demand and lower fuel costs lift results

International Airlines Group reported a record €5.0 billion operating profit for the year, a 17.3% increase, driven by lower jet fuel costs and strong premium and transatlantic demand. Shares rose about 1% after the results; CEO Sean Doyle issued a staff message alongside the announcement.

2026-02-27T00:51:25.586887-08:00
Africa   Aircraft Demand: Airline Distress & Consolidation   Airline Industry & Market Trends   Airlines  
ch-aviation

East African Court to Hear $1.05bn Claim by Supreme Airlines Against South Sudan Government

By ch-aviation: The East African Court of Justice in Arusha, Tanzania, has scheduled a hearing for March 10, 2026, in a case against South Sudan’s government over its alleged failure to honour a USD1.05...

Also: ch-aviation
2026-02-27T00:51:34.824491-08:00
ATC   North America   Accident   Aviation Safety & Regulation   Airport Infrastructure & Air Traffic Management   Defense Policy  
Reuters

FAA closes Fort Hancock, Texas airspace after military laser anti-drone system reportedly downs U.S. government drone

By Reuters: The U.S. military shot down a government drone with a laser-based anti-drone system, an accident that prompted the Federal Aviation Administration to bar flights on Thursday in an area around Fort Hancock, Texas, congressional aides told Reuters.

Also: New York Times, suasnews.com, NBC News, news.ssbcrack.com, USA Today, South China Morning Post, Politico Pro, Business Insider and 4 more
2026-02-26T17:31:18.147727-08:00