Reuters
• Alessandro Parodi, Joanna Plucinska
Air France-KLM reported quarterly profit beating expectations, supported by revenue gains from premium and long-haul travel. The group also reduced its annual capacity guidance, while shares rose following the results, signaling improved earnings visibility but a more cautious capacity outlook.
Airline Industry & Market Trends
Latest source-backed stories
Air France-KLM reported quarterly profit beating expectations, supported by revenue gains from premium and long-haul travel. The group also reduced its annual capacity guidance, while shares rose following the results, signaling improved earnings visibility but a more cautious capacity outlook.
High activity
WestJet flight attendants represented by CUPE 8125 have served a 72-hour strike notice, citing stalled collective bargaining and demands for fair wages alongside an end to unpaid labour. Negotiations continue as the carrier’s summer travel season ramps up, with strike action possible as early as Aug. 2.
Australian regional operator FlyPelican has taken delivery of its first BAe Jetstream 41, aircraft N320UE (msn 41043), on July 25, 2026. The 30-seat aircraft delivery signals the start of the carrier’s planned entry into the turboprop market, with executive director Emil McCabe stating it will begin operations ahead of schedule.
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.
High activity
Allegiant Air says it will roll out a new premium cabin on select aircraft, adding first-class seating for the first time alongside extra-legroom, priority check-in and boarding, and covered baggage. The carrier also plans to introduce complimentary soft drinks in economy, signaling a shift beyond its ultra-low-cost model.
High activity
Portugal’s state investment company Parpública is selling a 44.9% minority stake in TAP Air Portugal as part of a reprivatization process. Lufthansa Group and Air France-KLM have both entered the race with formal, binding offers, positioning TAP to strengthen Lisbon’s hub and Europe–Latin America and trans-Atlantic routes.
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.
Create a free account to see more recent Airline Industry & Market Trends stories and keep bookmarks in one place.
