Bloomberg
• Kamlesh Bhuckory
Mauritius’ state-owned carrier plans to add single-aisle aircraft while reviewing a planned wide-body acquisition as part of a long-term strategy review. The shift signals a reassessment of fleet composition, though the available report does not specify aircraft types, quantities or timing.
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Mauritius’ state-owned carrier plans to add single-aisle aircraft while reviewing a planned wide-body acquisition as part of a long-term strategy review. The shift signals a reassessment of fleet composition, though the available report does not specify aircraft types, quantities or timing.
Ticket prices have risen as the war with Iran drives up fuel costs, and airlines say an end to the conflict would not quickly reverse the increase. The lag suggests fare levels may remain elevated after fuel prices ease, leaving carriers and travelers to absorb the effects of the shock.
High activity
A group of JetBlue creditors is working with PJT Partners and Akin as the airline faces cash burn and rising fuel costs, according to people familiar with the matter. The lenders are organizing ahead of the carrier’s third-quarter earnings report, as its turnaround comes under mounting pressure.
Icelandair says fleet-renewal benefits are emerging after a strong third quarter, but high fuel costs are expected to push the Reykjavik-based carrier to a full-year operating loss. The airline is moving its remaining Boeing 757s to Malta as it continues the transition away from the type.
South African Airways said it received a ZAR1 billion ($61 million) state guarantee in August 2026 to support working capital. The backing comes as higher fuel prices pressure the carrier’s operations and finances, underscoring the impact of cost increases on its near-term liquidity needs.
High activity
American Airlines reported record third-quarter revenue but another net loss, with higher fuel costs weighing on results. The carrier plans to slow capacity growth next year, while executives say airfares are unlikely to fall soon even if fuel prices ease; the airline is also acquiring two used 777-200ERs to reduce lease costs.
Wizz Air Holdings has proposed buyouts to some pilots at its main UK base as it pares back flying for the slower winter season. The move comes as soaring jet fuel costs pressure the airline, tying workforce reductions to near-term capacity and cost management.
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