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Financial Times • Peter Campbell

Emirates Group posts record FY2025-26 profit—$6.6B (AED 24.4B) profit before tax despite Iran-war flight grounding and higher je

Emirates Group reported record financial results for FY2025–26, with profit before tax of AED 24.4 billion (US$6.6 billion), up 7% year-on-year, alongside record revenues of AED 150.5 billion. Emirates also said the carrier logged record full-year net profit of US$5.4 billion, framing performance as resilience amid Iran-war disruptions and rising jet fuel costs.

2026-05-06T23:47:33.725691-07:00

ch-aviation

US attacks on Iran destroy Mahan Air Boeing 777 and Airbus A340 aircraft

2026-05-07T00:05:23.322353-07:00

Airline Economics

SWISS Q1 2026 profit jumps on Middle East-linked demand, but Jet A cost surge threatens Q2

2026-05-06T08:51:30.426558-07:00

CNBC

Lufthansa Group warns jet-fuel bill may rise €1.7bn in 2026 despite strong Q1 as hedging coverage averages ~80%

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

News Timeline

ch-aviation

US attacks on Iran destroy Mahan Air Boeing 777 and Airbus A340 aircraft Mahan Air’s Boeing 777 and Airbus A340 airframes have been destroyed in US attacks on Iran, according to the report. The loss of widebody state/flag assets underscores how the US–Iran fight is directly damaging aircraft used in regional travel and lift.

2026-05-07T00:05:23.322353-07:00

US attacks on Iran destroy Mahan Air Boeing 777 and Airbus A340 aircraft

Financial Times

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Emirates Group posts record FY2025-26 profit—$6.6B (AED 24.4B) profit before tax despite Iran-war flight grounding and higher je Emirates Group reported record financial results for FY2025–26, with profit before tax of AED 24.4 billion (US$6.6 billion), up 7% year-on-year, alongside record revenues of AED 150.5 billion. Emirates also said the carrier logged record full-year net profit of US$5.4 billion, framing performance as resilience amid Iran-war disruptions and rising jet fuel costs.

2026-05-06T23:47:33.725691-07:00

Emirates Group posts record FY2025-26 profit—$6.6B (AED 24.4B) profit before tax despite Iran-war flight grounding and higher je

Airline Economics

SWISS Q1 2026 profit jumps on Middle East-linked demand, but Jet A cost surge threatens Q2 SWISS reported a sharply improved Q1 2026 operating result of CHF 30 million (up from CHF 3.3 million a year earlier) on stable revenue of CHF 1.22 billion, supported by stronger demand for Middle East and Asian routes. The carrier warned that sharply higher jet fuel costs will weigh on Q2 results.

2026-05-06T08:51:30.426558-07:00

SWISS Q1 2026 profit jumps on Middle East-linked demand, but Jet A cost surge threatens Q2

politico.eu

France pre-positioned Charles de Gaulle carrier strike group for potential Strait of Hormuz mission France moved the aircraft carrier Charles de Gaulle from the Mediterranean into the southern Red Sea and readied its carrier strike group for planning linked to a potential international operation to restore navigation in the Strait of Hormuz. Paris said the move is intended to prompt U.S. and Iranian engagement amid economic fallout from competing blockades.

2026-05-06T08:21:25.875536-07:00

France pre-positioned Charles de Gaulle carrier strike group for potential Strait of Hormuz mission

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

CNBC

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Lufthansa Group warns jet-fuel bill may rise €1.7bn in 2026 despite strong Q1 as hedging coverage averages ~80% Lufthansa Group reported a smaller first-quarter loss supported by strong demand, but warned that jet-fuel availability could be reduced later in the year—an additional risk on top of rising fuel costs. It flagged a full-year jet-fuel emergency impact of about €1.7bn, while noting hedging averaging ~80% for the rest of 2026 and sticking to guidance.

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

Lufthansa Group warns jet-fuel bill may rise €1.7bn in 2026 despite strong Q1 as hedging coverage averages ~80%

FlightGlobal

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Air Astana faces wider Q1 losses as new CEO eyeing China growth amid Middle East-driven “new normal” demand Air Astana’s first-quarter results show losses widening as engine capacity constraints weigh on profits, even as evolving demand tied to the Middle East conflict creates growth opportunities. Incoming Air Astana Group CEO Ibrahim Canliel highlighted a plan to expand further, particularly in China, alongside cost and revenue pressures.

2026-05-05T08:16:11.778367-07:00

Air Astana faces wider Q1 losses as new CEO eyeing China growth amid Middle East-driven “new normal” demand

Skift

Dubai tightens air passenger rights rules to rebuild traveler confidence amid regional conflict Dubai has introduced new air passenger rights rules aimed at boosting traveler confidence following the Iran war. Operators have pointed to the changes as a step toward restoring certainty for customers navigating a more volatile security environment.

2026-05-05T07:48:06.651505-07:00

Dubai tightens air passenger rights rules to rebuild traveler confidence amid regional conflict

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Middle East News

Emirates Group posts record FY2025-26 profit—$6.6B (AED 24.4B) profit before tax despite Iran-war flight grounding and higher je

US attacks on Iran destroy Mahan Air Boeing 777 and Airbus A340 aircraft

SWISS Q1 2026 profit jumps on Middle East-linked demand, but Jet A cost surge threatens Q2

Lufthansa Group warns jet-fuel bill may rise €1.7bn in 2026 despite strong Q1 as hedging coverage averages ~80%

News Timeline