BloombergKiel Porter

GE Aerospace lifts 2025/2026 outlook on strong engine services demand; Q2 profit beats with 2Q orders at $16.5B

GE Aerospace reported Q2 2026 EPS of $2.02 and revenue growth of 23.5% to $12.6B, with orders rising 17% and free cash flow up 43%. The company raised full-year guidance, and separately boosted its 2026 profit forecast, citing resilient airline spending on aftermarket engine services and parts despite higher fuel prices and fewer departures.

BloombergKate Duffy

Aer Lingus Looks to Cut 500 Jobs As Airline Faces Rising Costs

By Bloomberg: Aer Lingus Group DAC said it may eliminate as many as 500 employees and cut some flights as part of organizational changes aimed to help Ireland’s flagship carrier manage rising costs and increased transatlantic competition.

2026-07-16T03:44:49.438325-07:00
AeroTimeIan Molyneaux

Brussels Airlines appoints ITA Airways executive as new CEO

By AeroTime: Brussels Airlines has appointed ITA Airways executive Lorenza Maggio as its new CEO after the current head Dorothea von Boxberg requested to leave.

2026-07-16T02:29:01.990037-07:00
AeroTimeJean Carmela Lim

Cebu Pacific to wet lease A320neo aircraft to Vietnam Airlines

By AeroTime: Cebu Pacific announced a new agreement to provide wet lease services to Vietnam Airlines, deploying one of its Airbus A320neo aircraft to support the Vietnamese flag carrier’s domestic operations over the coming months.

2026-07-16T01:29:03.960304-07:00