AeroTimeStephen Pope

SriLankan Airlines ex-CEO Kapila Chandrasena found dead amid Airbus bribery investigation

Kapila Chandrasena, former CEO of SriLankan Airlines, was found dead while police said he was under investigation for allegedly taking a bribe linked to an Airbus aircraft purchase. The probe centers on a reported $16 million payment for 10 Airbus planes in a corruption case involving a $2.3 billion deal.

2026-05-08T16:19:34.351909-07:00
FlightGlobalEdward Russell

Alaska borrows $1 billion amid fuel cost spike

By FlightGlobal: The Seattle company expects elevated fuel prices will tack $600 million onto its second-quarter expenses alone. Alaska Air Group will borrow $1 billion to help it better manage the spike in global fuel prices.

2026-05-08T14:20:40.237394-07:00
aeroroutes.comJim Liu

Breeze Airways 2H26 Network Additions

By aeroroutes.com: NS26 NW26 May 8 Written By AeroRoutes - Jim Liu Published at 0600PDT / 1300GMT 08MAY26 Breeze Airways earlier this week announced planned network additions in the second half of 2026, as well as January 2027.

2026-05-08T08:44:52.209349-07:00
Air Data NewsRicardo Meier

Embraer posts US$1.4 billion in first-quarter revenue, highest ever for the period

By Air Data News: Higher deliveries drive growth, while profit falls and cash remains Embraer reported revenue of US$1.4 billion in the first quarter of 2026, up 31% year-on-year and the highest figure the company has ever recorded for the period.

2026-05-08T06:31:42.839086-07:00