AirInsightAddison Schonland

Air Canada posts record Q1 2026 results—$5.8B revenue, $623M adjusted EBITDA—but suspends full-year guidance on fuel volatility

Air Canada reported first-quarter 2026 net profit of $48 million (0.16/diluted share) on 11.3% higher revenue to $5.8 billion, with operating income of $117 million (+$225 million). Adjusted EBITDA rose 61% to $623 million, but the carrier pulled full-year guidance amid uncertainty in fuel costs.

2026-05-01T06:56:34.546927-07:00
FlightGlobalDavid Kaminski-Morrow

TAP A320neo descended towards terrain before climb breached cleared altitude

By FlightGlobal: Prague approach control warned crew after minimum safe-altitude alert. Czech investigators have disclosed that a TAP Portugal Airbus A320neo crew received a terrain proximity warning after descending below its assigned altitude, subsequently breaching this altitude during its steep climb.

2026-05-01T06:33:44.728652-07:00
New York TimesJames Glanz, John Yoon, Mark Walker, Mika Gröndahl, Pablo Robles

The Last Moments of Jeju Air Flight 2216

By New York Times: The crew of a stricken South Korean flight faced a cascade of unforgiving decisions in the last moments. The kind other pilots might look at and ask: What would I have done?.

2026-05-01T03:47:51.959147-07:00