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BloombergStephanie Hughes, Thomas Seal

Air Canada cuts full-year earnings outlook as jet fuel costs surge nearly 50%

Air Canada lowered its full-year earnings outlook as surging jet fuel prices, driven by the Iran war, pressure the carrier’s cost base. The revision highlights the immediate financial exposure of airlines to geopolitical shocks and fuel-market volatility.

Also: Reuters
2026-08-11T16:21:57.883594-07:00
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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).

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. Air Baltic is to cut its fleet to around 40 Airbus A220-300s under a new long-term strategic plan, supported by moves for an initial interim €225 million ($260 million) 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
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FL360aero

From Rotating Radar to Digital Surveillance: How America Is Rebuilding Its Air Traffic Control System

By FL360aero: News Delta Flight DL591 Investigated After Unauthorized Wi-Fi Network Appears on Board News From Rotating Radar to Digital Surveillance: How America Is Rebuilding Its Air Traffic Control System Jobs Ryanair has announced a major recruitment drive for 50 cabin crew in Scotland.

2026-08-11T11:35:37.228463-07:00