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FlightGlobalAlfred Chua

Thai Airways profit falls as fuel costs and Middle East uncertainty weigh on second quarter

Thai Airways International reported a sharp year-on-year decline in second-quarter profit despite higher passenger revenue and reduced operations during the April-June period. The national carrier identified elevated fuel costs and continued uncertainty in the Middle East as primary risks to its near-term performance.

2026-08-11T21:35:33.909016-07:00
BloombergStephanie Hughes, Thomas Seal

Blackstone Leads $1.8 Billion Air Canada Loyalty Plan Stake Deal

By Bloomberg: Blackstone Inc. and a group of Canadian pension funds are buying a 25% stake in Air Canada’s Aeroplan loyalty program for C$2.5 billion ($1.8 billion).

Also: CAPA, CAPA and loyaltylobby.com
2026-08-11T15:20:36.028504-07:00
FlightGlobalGraham Dunn

Air Baltic to reduce A220 fleet under new business plan

By FlightGlobal: Latvian carrier envisages a long-term fleet of around 40 A220-300s as it works on €225m interim recapitalisation.

2026-08-11T06:35:55.747652-07:00
CNBC

Boeing jet deliveries drop 17% in July

By CNBC: Boeing also booked 30 new orders after adjusting for cancellations in July, which include a handful of orders announced during a subdued Farnborough Airshow.

2026-08-11T08:50:22.926071-07:00