Orders News

BloombergKate Duffy, Leen Al-Rashdan

Airlines absorb fuel shock as Cebu Pacific and Wizz Air swing to losses, while Cathay remains profitable

Cebu Pacific and Wizz Air reported losses after fuel expenses surged, with Cebu Pacific’s costs more than doubling and Wizz Air’s rising 39%. Copa Holdings’ second-quarter profit fell by more than half, while Cathay Group’s first-half profit rose to HK$6.2 billion despite higher fuel prices and a six-month A350 freighter delivery delay.

2026-08-05T23:32:08.720770-07:00

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Bloomberg

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Airlines absorb fuel shock as Cebu Pacific and Wizz Air swing to losses, while Cathay remains profitable

Cebu Pacific and Wizz Air reported losses after fuel expenses surged, with Cebu Pacific’s costs more than doubling and Wizz Air’s rising 39%. Copa Holdings’ second-quarter profit fell by more than half, while Cathay Group’s first-half profit rose to HK$6.2 billion despite higher fuel prices and a six-month A350 freighter delivery delay.

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FlightGlobal

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Allegiant’s Sun Country merger triggers pilot attrition, flight cuts and potential 737 MAX expansion

Allegiant says the combination with Sun Country is driving junior-pilot attrition in Minneapolis-St. Paul as Delta recruits from the merged carrier, forcing schedule reductions even as cargo flying expands. Allegiant reported 7% fewer flights but 16% higher revenue in the second quarter and is evaluating additional 737 MAX options.

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Aeroflot secures state funding for 18 MC-21-310s

Aeroflot has secured state funding to acquire 18 MC-21-310 aircraft, adding a government-backed commitment to Russia’s next-generation commercial jet program. The agreement provides funding support for the airline’s planned fleet allocation of the MC-21-310 variant.

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aero.de

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Regional fleet reshaping: German Airways adds five E190s as Lufthansa exits CRJ-900s and Swiss accelerates A220-100 withdrawal

German Airways has completed the acquisition and financing of five E190 regional jets, while Lufthansa is preparing to sell CityLine’s CRJ-900 fleet. Swiss also plans to retire and store its remaining four A220-100s by the end of 2027, even as Airbus says Pratt & Whitney-related A220 groundings are largely resolved.

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Breaking Defense

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Colombia orders two Embraer KC-390s in first Latin American sale outside Brazil

Colombia has signed a $366 million contract for two Embraer KC-390 Millennium multi-mission transport aircraft, becoming the 13th country worldwide and the first Latin American customer outside Brazil to select the type. The aircraft will replace part of Colombia’s aging C-130 fleet and support in-flight refueling of its Gripen E/F fighters.

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