FlightGlobalKerry Reals

easyJet warns profits slumped 70% on soaring fuel costs amid Iran war; latest results follow the €5bn-$6bn takeover agreement

easyJet reported a 70% drop in third-quarter profits, with pre-tax profit falling to £385 million for the three months to 30 June. The airline attributed the decline to a £105 million fuel-cost increase tied to the conflict in Iran and weaker customer demand, though late bookings improved after its recently agreed £5.7bn takeover.

2026-07-23T01:49:36.860162-07:00
Paddle Your Own KanooMateusz Maszczynski

United Airlines Expected its Cyber Insurer to Pay Out $5 Million After the Crowdstrike Outage. The Insurance Company Refused

By Paddle Your Own Kanoo: In the immediate aftermath of the outage, United was forced to cancel 1,600 flights, and thousands more were delayed. Around 200,000 passengers were left stranded as the airline raced to restore its IT systems, resulting in losses totalling nearly $114 million.

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2026-07-23T02:04:30.544246-07:00
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eVTOL InsightsMohit

Skyfly Technologies opens electric propulsion platform to aircraft OEMs

By eVTOL Insights: Skyfly Technologies today announced at EAA AirVenture Oshkosh that it will make its electric propulsion technology available to other aircraft original equipment manufacturers (OEMs) as an enabling technology for electric flight through the secondary market.

2026-07-23T02:19:34.257084-07:00