Bloomberg
• Danny Lee, Sonja Wind
Lufthansa Group’s second-quarter adjusted EBIT fell by more than half as fuel costs rose by more than $750 million year over year and strike-related expenses weighed on results. The group widened its outlook range, while Lufthansa and Swiss pursue differing network strategies and the first 777-9 delivery remains planned for early 2027.
Aircraft Demand: Airline Distress & Consolidation
Latest source-backed stories
Brazil’s CADE has approved American Airlines’ $100 million investment for an approximately 8% stake in Azul Linhas Aéreas, without imposing shareholder restrictions. The decision clears a regulatory hurdle for Azul’s restructuring and strengthens the carriers’ broader commercial relationship, including codeshare expansion and seasonal network development.
High activity
Lufthansa Group’s second-quarter adjusted EBIT fell by more than half as fuel costs rose by more than $750 million year over year and strike-related expenses weighed on results. The group widened its outlook range, while Lufthansa and Swiss pursue differing network strategies and the first 777-9 delivery remains planned for early 2027.
Vietnam’s Bamboo Airways is now operating just one jet, according to Commercial Aviation News. The sharp reduction in active aircraft points to a substantially diminished operating footprint for the carrier and is a key indicator of its current capacity and fleet position.
Bamboo Airways has effectively stopped selling individual domestic tickets, with its website showing no flights on major Vietnam routes including Ho Chi Minh City–Hanoi, Hanoi–Da Nang and Ho Chi Minh City–Da Nang. The move intensifies questions about the carrier’s viability as its operating fleet contracts to three aircraft.
High activity
easyJet has extended Castlelake’s deadline to match rival Apollo Global Management, giving both investment funds until Aug. 7 to submit firm offers for full control of the London-listed airline or withdraw. The synchronized deadline sets up a final contest over the British low-cost carrier.
Brazil’s antitrust regulator has approved American Airlines’ planned $100 million investment in Azul, advancing the Brazilian carrier’s restructuring. The decision removes a regulatory hurdle to the transaction and gives Azul access to strategic capital as it works to stabilize its business.
High activity
Vietnam’s Bamboo Airways has halted scheduled flights after years of restructuring, with its fleet reduced to just three aircraft and an unpaid tax debt of approximately $16.8 million. The suspension underscores the carrier’s continuing financial and operational deterioration despite repeated efforts to stabilize the business.
Create a free account to see more recent Aircraft Demand: Airline Distress & Consolidation stories and keep bookmarks in one place.
