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India Probes Air India Flight After Altitude Loss Injures 17

India’s civil aviation regulator has opened an investigation after Air India’s Phuket-to-Delhi flight lost altitude, injuring 17 people. The aircraft landed safely in the capital, but the event puts scrutiny on the airline’s operational procedures, aircraft condition and the regulator’s safety oversight.

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Brazil clears American Airlines’ $100 million investment in Azul, advancing carrier’s restructuring

Brazil’s antitrust regulator, CADE, unconditionally approved American Airlines’ $100 million investment in Azul on July 31. The clearance removes a regulatory hurdle for the transaction and provides Azul with strategic capital as the Brazilian carrier works to stabilize and restructure its business.

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Japan Airlines joins Japan’s first pilot test to capture CO2 directly from seawater

Japan Airlines has joined Hitachi and Mitsui O.S.K. Lines in Japan’s first pilot test of technology designed to remove carbon dioxide directly from seawater. The initiative brings an airline together with industrial and maritime partners to evaluate a potential ocean-based carbon-removal pathway for aviation’s decarbonization efforts.

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Bloomberg

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Lufthansa Group’s Q2 adjusted EBIT more than halves as fuel and strikes drive $750 million cost surge

Lufthansa Group says fuel costs and strikes severely weakened second-quarter profitability, with fuel spending more than $750 million above last year and adjusted EBIT more than halved. The group widened its outlook range but retained hopes for improved full-year earnings, while Swiss outperformed the core Lufthansa division and new Rome and Lisbon hubs advanced.

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