Middle East   Europe   M&A   Airline Industry & Market Trends   Airlines   easyJet  
FlightGlobal • Kerry 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.

Airline Economics • Justin Pugsley

easyJet quarterly profit falls 70% on fuel costs

Also: The Independent, Financial Times and The Independent
2026-07-23T01:49:36.860162-07:00
Event   Museums   eVTOL  
AINonline • Charles Alcock

Florida Backs Eve’s Advanced Air Mobility Research Efforts

By AINonline: Work will use the SunTrax Air research and development hub.

Also: Urban Air Mobility News and aviationworld.in
2026-07-23T01:21:40.171111-07:00
SAF   Sustainability & Climate Initiatives   Airlines  
NEW
AeroTime • Jean Carmela Lim

Korean Air signs Buckingham Palace Declaration to fight wildlife trafficking

By AeroTime: Korean Air has signed the Buckingham Palace Declaration, becoming the first airline from South Korea to join the global effort against illegal wildlife trafficking through the transportation sector.

Also: Airline Economics and aviation-defence-universe.com
2026-07-23T01:49:36.207580-07:00
CrowdStrike Outage   Airline Industry & Market Trends   Cybersecurity (Cyber Threats & Protection)   United Airlines  
NEW
Paddle Your Own Kanoo • Mateusz 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.

Also: Aviation A2Z
2026-07-23T02:04:30.544246-07:00