FlightGlobalKerry Reals

Korean Air Q2 operating profit drops 34% (record revenue) as soaring fuel costs and softer outbound demand bite

Korean Air reported a 34% fall in second-quarter operating profit, citing surging fuel costs linked to the US-Iran conflict during the period, despite record quarterly revenue. The carrier also pointed to softer outbound demand contributing to weaker results, with profitability affected enough to push a net-loss outcome in at least one report.

Also: Airline Economics and CNA
2026-07-13T05:15:09.813741-07:00
Paddle Your Own KanooMateusz Maszczynski

Uh, Oh: Europe's Jet Fuel Supplies Are in a Much Worse State Than We All Thought. Only a Month's Worth of Fuel Left

By Paddle Your Own Kanoo: Brussels, we have a problem. With the fragile ceasefire with Iran officially over, and fighting over access to the Strait of Hormuz ongoing, new analysis suggests that the risk of Europe running dry of jet fuel supply is a lot more precipitous than everyone has been led to believe.

2026-07-13T05:15:01.297750-07:00
FlightGlobalDavid Kaminski-Morrow

Qantas A321 freighter initiates cargo flight trials at new Western Sydney airport

By FlightGlobal: Badgerys Creek hub set to open in late July. Cargo flight trials have commenced at Australia’s newest airport, Western Sydney, with the arrival of the first freighter — a converted Airbus A321 operated by Qantas.

2026-07-13T03:15:12.760866-07:00
FlightGlobalDavid Kaminski-Morrow

UK investigators wrestle with scant clues to explain fatal Zeusch King Air crash

By FlightGlobal: Fire and lack of recorder data left little evidence after loss of control at London Southend. UK investigators are still trying to determine the reasons behind the fatal loss of control involving a Zeusch Aviation Beechcraft B200 Super King Air at London Southend a year ago.

2026-07-13T04:44:34.870312-07:00