FlightGlobalDominic Perry

Vertical Aerospace warns Valo certification timing risk as transition flight slips; Q1 2026 update cites liquidity and progress

Vertical Aerospace says its Valo eVTOL certification roadmap faces schedule risk, with its planned transition flight delayed beyond late-2028 target. In its Q1 2026 update, the UK developer reports “increasing liquidity” alongside ongoing transition-flight progress, underscoring the cash and certification coupling in eVTOL programs.

2026-05-06T09:40:02.690128-07:00
Airline EconomicsJustin Pugsley

LATAM profit beats expectations but fuel outlook clouds 2026 guidance

By Airline Economics: LATAM Airlines Group posted stronger-than-expected first-quarter earnings, but cut full-year guidance as higher fuel costs and a conservative pricing outlook weigh on margins.

2026-05-06T03:14:08.577520-07:00
CNBCSawdah Bhaimiya

Lufthansa faces nearly $2 billion in extra fuel cost amid the Iran war, after axing 20,000 flights

By CNBC: Germany's largest airline, Lufthansa, expects to take on 1.7 billion euros (nearly $2 billion) in additional fuel costs this year, as the Middle East conflict poses "enormous challenges.".

2026-05-06T00:05:37.568523-07:00
Urban Air Mobility NewsPhilip Butterworth-Hayes

Skyports, Australia’s City of Gold Coast partner to develop vertiport network

By Urban Air Mobility News: Skyports Infrastructure has signed a Memorandum of Understanding (MoU) with the City of Gold Coast, to collaborate on implementing advanced air mobility (AAM) within the city.

2026-05-06T03:11:48.237766-07:00