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Air New Zealand posts NZ$336 million pre-tax loss as engine issues ease but fuel costs surge

Air New Zealand reported a NZ$336 million pre-tax loss for fiscal 2026, citing high fuel costs linked to the Iran conflict, engine-related disruptions, higher aviation system charges and a peak maintenance year. The carrier said groundings are dwindling and it is renegotiating compensation terms over the engine problems.

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Melrose says GKN Aerospace will resume full Garden Grove production by Sept. 28 after chemical incident

Melrose Industries shares rose after GKN Aerospace said it is targeting Sept. 28 for full production to resume at its Garden Grove, California, facility following a May chemical-tank incident. The company expects related damage claims to reach $100 million, while strong first-half results underscore the disruption’s financial significance.

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Korean Air Builds MRO Capacity as Asiana Integration Reshapes South Korea’s Airline Market

Korean Air is expanding its maintenance, repair and overhaul capabilities and pursuing third-party work as it nears completion of its Asiana Airlines integration. Separately, Jin Air, Air Busan and Air Seoul are merging to create South Korea’s largest low-cost carrier, consolidating the country’s airline sector.

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Mammoth Freighters delivers first 777-200LRMF conversion to Jetran for DHL

Mammoth Freighters has delivered its first converted Boeing 777-200LRMF to aircraft trader Jetran, marking the program’s entry into service. The aircraft is destined for DHL’s network, giving the long-haul freighter market another source of converted 777 capacity as demand for large, efficient cargo aircraft remains strategically important.

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FlightGlobal

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Airbus seeks Air India A320neo hydraulic-maintenance records after in-flight upset

Airbus is seeking details of hydraulic-system maintenance performed on an Air India A320neo after the twinjet briefly lost all three hydraulic circuits in cruise and experienced an altitude excursion. The incident raises questions about maintenance history and the resilience of the A320neo’s hydraulic architecture.

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