Orders News

BloombergKate Duffy, Leen Al-Rashdan

Fuel-cost shock splits airline results as Wizz Air and Cebu Pacific post losses while Cathay profits

Wizz Air reported a €183.3 million operating loss in its fiscal first quarter as fuel costs rose 39%, while Cebu Pacific also swung into the red after fuel expenses more than doubled. Cathay Group increased first-half profit to $795 million despite higher fuel costs, but faces a six-month A350 freighter delivery delay.

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

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Bloomberg

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Fuel-cost shock splits airline results as Wizz Air and Cebu Pacific post losses while Cathay profits

Wizz Air reported a €183.3 million operating loss in its fiscal first quarter as fuel costs rose 39%, while Cebu Pacific also swung into the red after fuel expenses more than doubled. Cathay Group increased first-half profit to $795 million despite higher fuel costs, but faces 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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