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Airline Economics • Justin Pugsley

LATAM Airlines Group posts $576M Q1 2026 net profit, but cuts 2026 outlook on higher jet-fuel and cautious pricing

LATAM Airlines Group reported first-quarter 2026 net profit of $576 million, supported by a 10.4% capacity increase and an adjusted operating margin of 19.8%. The group ended the period with about $4.1 billion in liquidity, but reduced its June 2026 outlook after factoring in a $170 jet-fuel price and a conservative demand/pricing stance.

2026-05-06T03:14:08.577520-07:00

AirInsight

Lufthansa to table binding bid for TAP Air Portugal amid Iran-linked risk

2026-05-06T06:07:04.914530-07:00

Paddle Your Own Kanoo

British Airways expands Starlink inflight connectivity to enable voice and video calls across all Wi‑Fi-equipped aircraft, inclu

2026-05-06T05:29:29.049922-07:00

CNBC

Lufthansa Group narrows Q1 2026 losses as demand lifts results; fuel bill seen up €1.7bn with hedging covering ~80% of 2026

2026-05-06T00:05:37.568523-07:00

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ch-aviation

Cabo Verde Airlines resumes U.S. operations Cabo Verde Airlines is restarting its operations to the United States, restoring direct scheduled connectivity between the carrier’s home market and the U.S. market. The resumption is positioned as a return to service after a disruption in U.S. operations.

2026-05-06T06:08:29.289102-07:00

Cabo Verde Airlines resumes U.S. operations

AirInsight

Lufthansa to table binding bid for TAP Air Portugal amid Iran-linked risk Lufthansa plans to move from an earlier non-binding minority offer to a binding bid for TAP Air Portugal, positioning the acquisition as strategically complementary for Portugal’s tourism and connectivity. The carrier intends to press ahead despite growing risks from the Iran conflict, according to executives speaking at CAPA.

2026-05-06T06:07:04.914530-07:00

Lufthansa to table binding bid for TAP Air Portugal amid Iran-linked risk

Paddle Your Own Kanoo

British Airways expands Starlink inflight connectivity to enable voice and video calls across all Wi‑Fi-equipped aircraft, inclu British Airways is now allowing passengers to make and receive voice and video calls on all aircraft equipped with its fast, free Starlink-powered in-flight Wi‑Fi, extending the earlier, limited rollout. The policy applies on flights to the US as well as the rest of BA’s Starlink-enabled network.

2026-05-06T05:29:29.049922-07:00

British Airways expands Starlink inflight connectivity to enable voice and video calls across all Wi‑Fi-equipped aircraft, inclu

AeroTime

SQ321 turbulence: three passengers file UK High Court personal injury claims against Singapore Airlines Nearly a year after severe turbulence on Singapore Airlines flight SQ321 killed one passenger and hospitalized more than 100, three injured passengers have filed personal injury claims against the carrier at the UK High Court. The filing follows the aircraft’s diversion/remediation and extends the legal exposure for the incident.

2026-05-06T04:45:36.257649-07:00

SQ321 turbulence: three passengers file UK High Court personal injury claims against Singapore Airlines

ch-aviation

Airbus signs Nigeria aviation-sector support MOU Airbus will provide technical support, training and advisory services to Nigeria under a new memorandum of understanding aimed at strengthening the country’s aviation sector. The agreement positions Airbus to support capability-building beyond aircraft sales, focusing on operational and workforce development.

2026-05-06T03:15:47.712390-07:00

Airbus signs Nigeria aviation-sector support MOU

Airline Economics

LATAM Airlines Group posts $576M Q1 2026 net profit, but cuts 2026 outlook on higher jet-fuel and cautious pricing LATAM Airlines Group reported first-quarter 2026 net profit of $576 million, supported by a 10.4% capacity increase and an adjusted operating margin of 19.8%. The group ended the period with about $4.1 billion in liquidity, but reduced its June 2026 outlook after factoring in a $170 jet-fuel price and a conservative demand/pricing stance.

2026-05-06T03:14:08.577520-07:00

LATAM Airlines Group posts $576M Q1 2026 net profit, but cuts 2026 outlook on higher jet-fuel and cautious pricing

ch-aviation

Air Congo to launch Kinshasa–Brussels service in 3Q26, signaling new ATR long-haul push and direct competition with Brussels Air Air Congo is preparing its first Europe route, targeting Kinshasa–Brussels service in early 3Q26 (with a reported July launch timetable). In discussions with Ethiopian Airlines leadership, Air Congo also pointed to fleet updates with new ATR aircraft—setting up direct competition on the Brussels–Congo lane.

2026-05-06T02:00:16.681086-07:00

Air Congo to launch Kinshasa–Brussels service in 3Q26, signaling new ATR long-haul push and direct competition with Brussels Air

FlightGlobal

Gulf Air and Beond strike “strategic” commercial tie-up aimed at expanding premium leisure connectivity via Bahrain Gulf Air has unveiled a “strategic” partnership with premium leisure carrier Beond in Bahrain, positioning the tie-up to extend network connectivity for leisure travelers. The announcement links Gulf Air’s Middle East gateway role to Beond’s leisure distribution and service model, using Bahrain as the coordination point.

2026-05-06T01:01:06.613845-07:00

Gulf Air and Beond strike “strategic” commercial tie-up aimed at expanding premium leisure connectivity via Bahrain

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Airlines News

LATAM Airlines Group posts $576M Q1 2026 net profit, but cuts 2026 outlook on higher jet-fuel and cautious pricing

Lufthansa to table binding bid for TAP Air Portugal amid Iran-linked risk

British Airways expands Starlink inflight connectivity to enable voice and video calls across all Wi‑Fi-equipped aircraft, inclu

Lufthansa Group narrows Q1 2026 losses as demand lifts results; fuel bill seen up €1.7bn with hedging covering ~80% of 2026

News Timeline