Skift
• Meghna Maharishi
JetBlue reported a third-quarter loss but reiterated that it expects to return to sustained profitability in 2027. Shares rose more than 10% in after-hours trading, recovering some of a weeklong decline fueled by speculation that the carrier could seek Chapter 11 bankruptcy protection.
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JetBlue reported a third-quarter loss but reiterated that it expects to return to sustained profitability in 2027. Shares rose more than 10% in after-hours trading, recovering some of a weeklong decline fueled by speculation that the carrier could seek Chapter 11 bankruptcy protection.
Abra Group Chief Procurement Officer Francisco Raddatz outlined a strategy that combines a more diverse fleet with continued independence for Chilean airline SKY. The available report offers no further detail on aircraft types, procurement plans or the structure of SKY’s relationship with the group.
Azul has secured a financing facility of up to R$2 billion, backed by Brazil’s federal government through the Export Guarantee Fund, to help pay for aviation fuel. The support comes as the carrier works through its post-bankruptcy recovery amid high fuel costs and seeks additional funding through stock sales.
Aerolíneas Argentinas says it will not seek additional government funding despite rising fuel costs, citing two consecutive years of positive financial results. The stance comes as Argentina’s government continues to pursue privatization of the state-owned carrier.
Flair Airlines has introduced cargo services across its network, using available belly-hold capacity on passenger flights to move goods within Canada and internationally. The move adds freight to the low-cost carrier’s existing passenger operations without requiring dedicated cargo aircraft, according to the report.
High activity
An Etihad Airways A380-800 has arrived in Bangkok, marking the first time the UAE carrier has flown its double-decker flagship to Thailand. The deployment puts the aircraft on a new city pairing for Etihad, extending the A380’s reach in Southeast Asia.
Portugal’s Grupo SATA has received six bids for its handling unit, according to the report. The number of offers establishes multiple parties are seeking the business, though the bidders, proposed valuations and next steps were not disclosed.
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