News

AirInsight • Addison Schonland

Air Canada posts record Q1 2026 results—$5.8B revenue, $623M adjusted EBITDA—but suspends full-year guidance on fuel volatility

Air Canada reported first-quarter 2026 net profit of $48 million (0.16/diluted share) on 11.3% higher revenue to $5.8 billion, with operating income of $117 million (+$225 million). Adjusted EBITDA rose 61% to $623 million, but the carrier pulled full-year guidance amid uncertainty in fuel costs.

2026-05-01T06:56:34.546927-07:00

ch-aviation

Cabo Verde Airlines to restart U.S. service with Providence launch in mid-2026, targeting diaspora and niche transatlantic deman

2026-05-01T07:11:22.643401-07:00

FlightGlobal

TAP Portugal A320neo warned by Prague approach system after descending below assigned altitude

2026-05-01T06:33:44.728652-07:00

New York Times

Jeju Air Flight 2216: analysis of the crew’s final decision-making in the last moments

2026-05-01T03:47:51.959147-07:00

News Timeline

ch-aviation

❗️

Cabo Verde Airlines to restart U.S. service with Providence launch in mid-2026, targeting diaspora and niche transatlantic deman Cabo Verde Airlines plans to resume U.S. operations with a new transatlantic route to Providence (PVD), ending an eight-year absence. The carrier says the service begins mid-2Q26 and is positioned around Cape Verdean community and tourist demand, including advertised fares from $250.

2026-05-01T07:11:22.643401-07:00

Cabo Verde Airlines to restart U.S. service with Providence launch in mid-2026, targeting diaspora and niche transatlantic deman

AirInsight

❗️

Air Canada posts record Q1 2026 results—$5.8B revenue, $623M adjusted EBITDA—but suspends full-year guidance on fuel volatility Air Canada reported first-quarter 2026 net profit of $48 million (0.16/diluted share) on 11.3% higher revenue to $5.8 billion, with operating income of $117 million (+$225 million). Adjusted EBITDA rose 61% to $623 million, but the carrier pulled full-year guidance amid uncertainty in fuel costs.

2026-05-01T06:56:34.546927-07:00

Air Canada posts record Q1 2026 results—$5.8B revenue, $623M adjusted EBITDA—but suspends full-year guidance on fuel volatility

FlightGlobal

TAP Portugal A320neo warned by Prague approach system after descending below assigned altitude Czech investigators say a TAP Portugal Airbus A320neo crew received a minimum safe-altitude warning after descending below its assigned altitude and then breached the cleared altitude during a steep climb. The disclosure underscores how approach alerts and altitude-management errors can converge into terrain-risk events.

2026-05-01T06:33:44.728652-07:00

TAP Portugal A320neo warned by Prague approach system after descending below assigned altitude

ch-aviation

Tunisair wet leases Airbus A330-300 and Boeing 787-9 under ACMI deal with Plus Ultra Líneas Aéreas Tunisair has wet-leased an Airbus A330-300 and a Boeing 787-9 through an ACMI (aircraft, crew, maintenance and insurance) contract signed with Spain’s Plus Ultra Líneas Aéreas. The arrangement is intended to provide additional long-haul capacity to support Tunisair’s ongoing operations.

2026-05-01T04:11:26.440447-07:00

Tunisair wet leases Airbus A330-300 and Boeing 787-9 under ACMI deal with Plus Ultra Líneas Aéreas

New York Times

Jeju Air Flight 2216: analysis of the crew’s final decision-making in the last moments A report on the final moments of Jeju Air Flight 2216 describes a sequence of “cascade” decisions faced by the crew after the aircraft was stricken, highlighting the narrowing options available in critical seconds.

2026-05-01T03:47:51.959147-07:00

Jeju Air Flight 2216: analysis of the crew’s final decision-making in the last moments

New York Times

The Last Moments of Jeju Air Flight 2216

2026-05-01T03:47:51.959147-07:00

The Last Moments of Jeju Air F

FlightGlobal

Smartwings calls for tighter overspeed correction after Boeing 737-800 turbulence upset Smartwings says it has reinforced overspeed correction procedures with crews after a Boeing 737-800 experienced turbulence during high-altitude cruise and produced thrust-asymmetry indications consistent with a crew’s reduction of thrust to idle. The operator is emphasizing procedural response for potential overspeed scenarios.

2026-05-01T03:45:59.091691-07:00

Smartwings calls for tighter overspeed correction after Boeing 737-800 turbulence upset

ch-aviation

Nigeria’s NMDPRA sets indicative Jet A price bands for Lagos and Abuja to prevent carrier disruption Nigeria’s Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set indicative aviation fuel price bands for Jet A1, pegging Lagos at NGN1,760–1,988 per litre (USD1.28–1.44) and Abuja at NGN1,809–2,037 (USD1.30–1.48) based on April 17–23, 2026 benchmarks. The move targets stability amid escalating airline cost pressure.

2026-05-01T02:45:11.060448-07:00

Nigeria’s NMDPRA sets indicative Jet A price bands for Lagos and Abuja to prevent carrier disruption

Menu

Airlines News

Air Canada posts record Q1 2026 results—$5.8B revenue, $623M adjusted EBITDA—but suspends full-year guidance on fuel volatility

Cabo Verde Airlines to restart U.S. service with Providence launch in mid-2026, targeting diaspora and niche transatlantic deman

TAP Portugal A320neo warned by Prague approach system after descending below assigned altitude

Jeju Air Flight 2216: analysis of the crew’s final decision-making in the last moments

News Timeline