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Thai Airways profit falls as fuel costs and Middle East uncertainty weigh on second quarter

Thai Airways International reported a sharp year-on-year decline in second-quarter profit despite higher passenger revenue and reduced operations during the April-June period. The national carrier identified elevated fuel costs and continued uncertainty in the Middle East as primary risks to its near-term performance.

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Bloomberg

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Air Canada sells 25% of Aeroplan to Blackstone-led group for C$2.5 billion

Air Canada is selling a 25% minority stake in its Aeroplan frequent-flyer program to funds managed by Blackstone, La Caisse and other Canadian institutions in a deal valuing Aeroplan at approximately C$10 billion. Air Canada will retain operational and strategic control, using proceeds for debt repayment and share buybacks.

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FlightAware sues Kalshi over flight-cancellation prediction markets and alleged data misuse

Flight-tracking platform FlightAware is suing prediction-market operator Kalshi, alleging Kalshi used FlightAware’s data and trademark without permission to settle wagers on U.S. flight cancellations. FlightAware says the markets could incentivize unsafe tactics designed to trigger cancellations and disrupt air travel.

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Stranded pilots force JetBlue to cancel two Boston-Barcelona flights amid worsening operational disruption

JetBlue canceled two Boston-to-Barcelona flights after the pilots assigned to operate them were stranded on delayed domestic connections. The cancellations extend the airline’s operational difficulties onto a high-profile transatlantic route and underscore how crew-displacement problems can quickly disrupt long-haul schedules.

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Air Canada Faces Q2 Scrutiny on Fuel Recovery, U.S. Demand and CEO Transition

Air Canada’s second-quarter results will test whether the carrier can offset fuel-cost pressure, navigate weak U.S. demand and restore the full-year guidance it withdrew. The airline is also entering the winter season amid a CEO transition, adding leadership uncertainty to its operational and financial challenges.

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