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Financial Times • Peter Campbell

Emirates Group posts record AED 24.4B (US$6.6B) profit, resilient through March Iran-war airspace disruptions

Emirates Group reported FY2025–26 profit before tax of AED 24.4 billion (US$6.6 billion), up 7% year-on-year, while Emirates booked record pre-tax profit of $6.2 billion. The carrier said results came despite “unprecedented” Iran-war pressures that grounded aircraft and forced network adjustments after conflict closed airspace.

2026-05-06T23:47:33.725691-07:00

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Zimbabwe start-up FlyCristal secures aircraft ahead of launch

2026-05-07T01:09:14.271207-07:00

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Jin Air to add five A321 aircraft as it positions for South Korea LCC merger

2026-05-07T02:44:17.087957-07:00

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US attacks on Iran destroy Mahan Air Boeing 777 and Airbus A340 aircraft

2026-05-07T00:05:23.322353-07:00

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Jin Air to add five A321 aircraft as it positions for South Korea LCC merger South Korea’s Jin Air plans to add five Airbus A321s amid preparations for an LCC merger, signaling a near-term capacity and fleet refresh move designed to support post-combination network and cost structure. The announcement also reinforces ongoing single-aisle reliance within Asia’s low-cost market.

2026-05-07T02:44:17.087957-07:00

Jin Air to add five A321 aircraft as it positions for South Korea LCC merger

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Zimbabwe start-up FlyCristal secures aircraft ahead of launch Zimbabwean start-up FlyCristal has secured aircraft with the stated goal of beginning operations. The move signals an early-stage fleet buildout as the carrier prepares to enter the market, with aircraft availability now the key constraint it’s worked to resolve.

2026-05-07T01:09:14.271207-07:00

Zimbabwe start-up FlyCristal secures aircraft ahead of launch

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US attacks on Iran destroy Mahan Air Boeing 777 and Airbus A340 aircraft Mahan Air’s Boeing 777 and Airbus A340 airframes have been destroyed in US attacks on Iran, according to the report. The loss of widebody state/flag assets underscores how the US–Iran fight is directly damaging aircraft used in regional travel and lift.

2026-05-07T00:05:23.322353-07:00

US attacks on Iran destroy Mahan Air Boeing 777 and Airbus A340 aircraft

Financial Times

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Emirates Group posts record AED 24.4B (US$6.6B) profit, resilient through March Iran-war airspace disruptions Emirates Group reported FY2025–26 profit before tax of AED 24.4 billion (US$6.6 billion), up 7% year-on-year, while Emirates booked record pre-tax profit of $6.2 billion. The carrier said results came despite “unprecedented” Iran-war pressures that grounded aircraft and forced network adjustments after conflict closed airspace.

2026-05-06T23:47:33.725691-07:00

Emirates Group posts record AED 24.4B (US$6.6B) profit, resilient through March Iran-war airspace disruptions

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Air India retires last B777-200LR

2026-05-06T19:49:42.395826-07:00

Air India retires last B777-20

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SpiceJet fleet shrinks as carrier battles ongoing capacity woes SpiceJet is reducing its fleet amid ongoing capacity pressures, signaling continued strain on aircraft availability and network flexibility. The move underscores how quickly operational and demand headwinds can force Indian carriers to trim capacity rather than expand, especially when costs and utilization remain under pressure.

2026-05-06T19:05:25.969814-07:00

SpiceJet fleet shrinks as carrier battles ongoing capacity woes

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Jin Air to add five Airbus A321s as South Korea’s LCC merger reshapes capacity South Korea’s Jin Air plans to add five Airbus A321s, aligning the carrier’s fleet expansion with the dynamics of its low-cost carrier (LCC) merger. The additional narrowbody capacity signals how the airline is positioning its network and throughput ahead of post-merger operations.

2026-05-06T16:46:12.883985-07:00

Jin Air to add five Airbus A321s as South Korea’s LCC merger reshapes capacity

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Parata Air secures key China market-access rights, marking an advance for South Korea–China flying South Korea’s Parata Air has won “key China rights,” positioning the carrier to expand its cross-border network into the China market. The decision underlines how remaining bilateral approvals and route authorities continue to shape who can add services and where on the map.

2026-05-06T16:28:07.512597-07:00

Parata Air secures key China market-access rights, marking an advance for South Korea–China flying

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Airlines News

Emirates Group posts record AED 24.4B (US$6.6B) profit, resilient through March Iran-war airspace disruptions

Zimbabwe start-up FlyCristal secures aircraft ahead of launch

Jin Air to add five A321 aircraft as it positions for South Korea LCC merger

US attacks on Iran destroy Mahan Air Boeing 777 and Airbus A340 aircraft

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