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Financial Times • Peter Campbell

Emirates posts US$6.6B profit but warns March Middle East war disrupted record FY25/26 amid airspace recovery

Emirates Group reported a record AED 24.4 billion (US$6.6 billion) profit for FY25/26, including a strong rebound expectation after March conflict-related airspace groundings. Dubai says it has restored most flights following closure-driven disruption, positioning the airline for further recovery despite jet-fuel price pressure.

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

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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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SpiceJet fleet shrinks as carrier battles ongoing capacity woes

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

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

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

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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

Emirates posts US$6.6B profit but warns March Middle East war disrupted record FY25/26 amid airspace recovery Emirates Group reported a record AED 24.4 billion (US$6.6 billion) profit for FY25/26, including a strong rebound expectation after March conflict-related airspace groundings. Dubai says it has restored most flights following closure-driven disruption, positioning the airline for further recovery despite jet-fuel price pressure.

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

Emirates posts US$6.6B profit but warns March Middle East war disrupted record FY25/26 amid airspace recovery

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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

ch-aviation

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

Airline Economics

SWISS Q1 2026 profit jumps on Middle East-linked demand, but Jet A cost surge threatens Q2 SWISS reported a sharply improved Q1 2026 operating result of CHF 30 million (up from CHF 3.3 million a year earlier) on stable revenue of CHF 1.22 billion, supported by stronger demand for Middle East and Asian routes. The carrier warned that sharply higher jet fuel costs will weigh on Q2 results.

2026-05-06T08:51:30.426558-07:00

SWISS Q1 2026 profit jumps on Middle East-linked demand, but Jet A cost surge threatens Q2

Simple Flying

LOT Polish Airlines launches inaugural nonstop Warsaw–San Francisco with up to four weekly 787 service for summer 2026 LOT Polish Airlines has started its first-ever direct flight between Warsaw (WAW) and San Francisco (SFO), operating up to four times weekly in summer 2026. The route uses the Boeing 787 Dreamliner and expands the carrier’s North America reach beyond its prior nonstops.

2026-05-06T06:07:12.633495-07:00

LOT Polish Airlines launches inaugural nonstop Warsaw–San Francisco with up to four weekly 787 service for summer 2026

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Airlines News

Emirates posts US$6.6B profit but warns March Middle East war disrupted record FY25/26 amid airspace recovery

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

SpiceJet fleet shrinks as carrier battles ongoing capacity woes

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

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