Bloomberg
• Albertina Torsoli, Henrique Almeida, Sonje Wind
Portugal’s reprivatization process for TAP Air Portugal is moving into a decision phase as Lufthansa Group and Air France-KLM each submit binding offers to Parpública for a 44.9% stake. The bids set up a competitive race between two major European airline groups for the minority investment.
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SES says it will provide multi-orbit in-flight connectivity for LATAM Airlines under a new multi-year agreement, connecting more than 60 Airbus and Embraer aircraft over the next few years. The contract expands LATAM’s satellite-based connectivity footprint across its Airbus and Embraer fleets.
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Portugal’s reprivatization process for TAP Air Portugal is moving into a decision phase as Lufthansa Group and Air France-KLM each submit binding offers to Parpública for a 44.9% stake. The bids set up a competitive race between two major European airline groups for the minority investment.
American Airlines’ net income fell 88%, and the carrier attributes the drop primarily to fuel. With fuel excluded, the underlying operating performance is described as stronger than Wall Street’s reaction suggests—highlighting sensitivity to energy input costs in airline earnings.
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Airbus reported first-half 2026 net profit of €2.2 billion (up 12% year over year) on revenue of €33.2 billion (+12%) and 351 commercial aircraft delivered. In Europe, Air France-KLM, IAG and Lufthansa flagged higher fuel costs as a test of summer earnings into the costlier second half.
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US-Bangla Airlines has formally announced plans to buy 21 Boeing aircraft, valued at about $1.5 billion, with delivery targeted by 2027. The carrier said the move is intended to drive a major international-network expansion to North America and Europe.
JetBlue reported a $247 million loss, driven almost entirely by fuel costs. The analysis argues that, when fuel is stripped out, JetBlue’s turnaround is working—using GTF data to support that operational improvements are holding even as energy prices weigh on results.
AirBorneo says it will more than double its narrowbody fleet from two to five aircraft by the end of 2026, with additional aircraft scheduled to arrive in October, November and December, CEO Megat Ardian Aminuddin told Channel NewsAsia.
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