FlightGlobal
• Alfred Chua
Korean Air reported third-quarter operating profit of 421.2 billion won ($310.1 million), up 11.9% year on year, after a margin-focused approach to capacity management. Net income climbed to 929.7 billion won ($684.4 million) from 91.9 billion won a year earlier, despite a 67% rise in fuel costs.
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Korean Air reported third-quarter operating profit of 421.2 billion won ($310.1 million), up 11.9% year on year, after a margin-focused approach to capacity management. Net income climbed to 929.7 billion won ($684.4 million) from 91.9 billion won a year earlier, despite a 67% rise in fuel costs.
Alsie Express recorded a net loss of DKK1.51 million ($225,000) for the financial year ended April 30, 2026, even after receiving a DKK21.5 million ($3.2 million) donation from the Bitten & Mads Clausens Foundation, its founding and continuing financial backer. The Danish carrier operates as a virtual brand of Air Alsie.
Egyptian carrier AlMasria Universal Airlines has abandoned plans to operate Airbus A330s and will instead use A321s for its Russia operations. The shift points to a narrower aircraft choice for those services, though the available report provides no details on fleet numbers, timing or the rationale behind the decision.
ITA Airways is looking to build market share from its Rome Fiumicino base and plans to launch service to Caracas in March 2027. The carrier is also eyeing further routes in the Americas, though no additional destinations or schedules are specified.
Iraq’s Fly Erbil has taken delivery of its first A320-200, marking the aircraft type’s entry into the airline’s fleet. The available report provides no further details on the aircraft’s configuration, source or planned deployment.
Riyadh Air has moved Boeing 787s away from its base amid security fears, according to Commercial Aviation News, Operator & Airport Data. The available article summary provides no further detail on the aircraft’s destination, the threat prompting the move or its operational impact.
Ural Airlines may not receive its first MC-21-300s until after 2030, with Russia prioritizing deliveries of the domestically developed aircraft to flag carrier Aeroflot. The delay leaves Ural facing a longer wait for the type as it plans its fleet.
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