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Skift • Meghna Maharishi

Delta trims growth, cuts Q2 profit outlook as Iran-linked jet fuel spike risks $2bn+ hit

Delta cut growth plans and trimmed its Q2 profit forecast after jet fuel costs surged amid the Iran war, saying it is too early to update full-year guidance. CEO Ed Bastian warned the spike could add more than $2 billion in jet-fuel expense and prompt structural industry shifts.

2026-04-08T03:39:29.930362-07:00

aircanada.com

Air Canada pilots third‑party ADR for APPR compensation claims with 500‑customer trial

2026-04-08T03:06:51.020022-07:00

Airline Economics

Two-week US–Iran ceasefire eases Gulf airspace risk; markets rally but jet‑fuel tightness persists

2026-04-08T01:11:28.427546-07:00

ch-aviation

Guinea seeks private investors for national airline, rules out state ownership

2026-04-08T04:56:42.835220-07:00

News Timeline

Breitflyte

Delta Q1 2026: $289M Net Loss as Revenue Rises 13% to $15.9B; Liquidity $8.1B Delta Air Lines reported a first-quarter 2026 net loss of $289 million, or $0.44 per diluted share, while revenue rose 13% year‑over‑year to $15.9 billion. The carrier closed the quarter with $8.1 billion of total liquidity, underscoring its cash position amid continued industry cost pressures.

2026-04-08T05:22:11.945547-07:00

Delta Q1 2026: $289M Net Loss as Revenue Rises 13% to $15.9B; Liquidity $8.1B

ch-aviation

Guinea seeks private investors for national airline, rules out state ownership Guinea has launched a search for private investors to take equity in a national carrier and explicitly ruled out retaining state ownership, opening the door to privatization or strategic partnerships. Details on timeline, valuation and investor criteria were not provided.

2026-04-08T04:56:42.835220-07:00

Guinea seeks private investors for national airline, rules out state ownership

Skift

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Delta trims growth, cuts Q2 profit outlook as Iran-linked jet fuel spike risks $2bn+ hit Delta cut growth plans and trimmed its Q2 profit forecast after jet fuel costs surged amid the Iran war, saying it is too early to update full-year guidance. CEO Ed Bastian warned the spike could add more than $2 billion in jet-fuel expense and prompt structural industry shifts.

2026-04-08T03:39:29.930362-07:00

Delta trims growth, cuts Q2 profit outlook as Iran-linked jet fuel spike risks $2bn+ hit

aircanada.com

Air Canada pilots third‑party ADR for APPR compensation claims with 500‑customer trial Air Canada has launched a limited pilot of a third‑party Alternative Dispute Resolution (ADR) process to settle customer compensation claims under Canada’s Airline Passenger Protection Regulations (APPR). The randomized trial invites 500 customers and will evaluate ADR’s effectiveness at resolving disputes outside traditional claims channels.

2026-04-08T03:06:51.020022-07:00

Air Canada pilots third‑party ADR for APPR compensation claims with 500‑customer trial

ch-aviation

Ogun State commissions Gateway Air and opens Gateway International Airport, launching domestic services Ogun State’s Gateway Air, a state-backed virtual carrier, was formally commissioned by President Bola Ahmed Tinubu on April 4 and launched domestic operations to coincide with the inauguration of Gateway International Airport in Ilishan-Remo. The move ties a new airline brand directly to regional airport infrastructure.

2026-04-08T02:37:30.483986-07:00

Ogun State commissions Gateway Air and opens Gateway International Airport, launching domestic services

FlightGlobal

Sky Airline to take three A321XLRs from BOC Aviation on long‑term leases, deliveries 2026–27 BOC Aviation will purchase and place three Airbus A321XLRs on long‑term operating leases to Chilean carrier Sky Airline, with deliveries scheduled across 2026–27. All aircraft will be powered by Pratt & Whitney PW1100G (GTF) engines, expanding Sky’s long‑range single‑aisle capability.

2026-04-08T02:37:06.059379-07:00

Sky Airline to take three A321XLRs from BOC Aviation on long‑term leases, deliveries 2026–27

FlightGlobal

IAG ends interest in TAP as Portugal reviews bids for 44.9% stake IAG has withdrawn interest in buying a stake in TAP Air Portugal as Portugal reviews bids for a 44.9% strategic stake — with a further 5% reserved for employees. The exit underscores contrasting acquisition strategies among Europe’s three major airline groups as offers are assessed.

2026-04-08T02:37:04.839142-07:00

IAG ends interest in TAP as Portugal reviews bids for 44.9% stake

FlightGlobal

airBaltic takes two more A220-300s as it seeks short-term government funding Latvia's airBaltic has taken delivery of two additional Airbus A220-300s — its third and fourth new arrivals this year — while the carrier seeks government support and a short-term loan of up to €30… to stabilise finances as it targets a 56-aircraft fleet by 2026.

2026-04-08T02:16:56.896856-07:00

airBaltic takes two more A220-300s as it seeks short-term government funding

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Airlines News

Delta trims growth, cuts Q2 profit outlook as Iran-linked jet fuel spike risks $2bn+ hit

Air Canada pilots third‑party ADR for APPR compensation claims with 500‑customer trial

Two-week US–Iran ceasefire eases Gulf airspace risk; markets rally but jet‑fuel tightness persists

Guinea seeks private investors for national airline, rules out state ownership

News Timeline