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AeroTimeIan Molyneaux

Russia increases funding for MC-21 production and initial IL-114-300 support

Russia is increasing investment to sustain production of the MC-21 narrowbody while allocating additional support for the first three IL-114-300 regional turboprops. The funding underscores Moscow’s effort to advance domestic commercial aircraft programs and support their early operational rollout amid constraints on aerospace supply chains.

2026-07-31T02:34:07.828187-07:00
ReutersJoanna Plucinska, Shashwat Awasthi

British Airways-owner IAG trims capacity outlook; jet fuel bill eases

By Reuters: British Airways owner IAG trimmed its 2026 capacity outlook to flat on Friday, after reporting a 16% drop in second-quarter profit hit by soaring fuel costs and weaker travel demand linked to the Middle East conflict.

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

Profitable ANA touts ‘disciplined’ approach as first-quarter earnings dip

By FlightGlobal: Airline also notes the impact of high fuel prices on demand was “far more limited than anticipated”. Japan’s All Nippon Airways remained in the black for the April-June quarter despite taking on a higher fuel bill, as it benefited from strong passenger and cargo demand.

2026-07-31T00:34:03.142634-07:00
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FlightGlobalDavid Kaminski-Morrow

Russian carrier Izhavia grounded after failing to address safety concerns

By FlightGlobal: Violations of maintenance procedures among issues discovered during inspection of Udmurt republic operator. Russian authorities are revoking the air operator’s certificate of Izhavia, three months after inspections turned up maintenance and crew scheduling violations.

2026-07-31T00:05:22.711319-07:00
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Reuters

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