Lufthansa grew 3Q26 adjusted EBIT by 6% to €1.41bn, and a fuel hedge did the heavy lifting. Lufthansa Airlines, the core brand, is still €180m in the red over nine months. Lufthansa reported on November 3. Reuters had the consensus…
Air France-KLM grew 3Q26 adjusted operating profit by 10% to €1,346m, while fuel and CO2 costs rose 25%. Premium fares and cargo paid the bill. The 3Q25 margin in the table is our math. Group capacity rose only 1.3%. Revenue…
Emirates earned $1.0bn before tax in the first half of FY27, down 68%. Without its fuel hedge, the airline would have lost money. Emirates Group reported on November 5. The comparison is the record first half of FY26, when profit…
The news is eye-popping, but it shouldn’t be. India’s need for regional jets is something we’ve been talking about for years. The idea that every Indian city pair needs an A320 is clearly as inefficient as it is for any…
United CEO Scott Kirby has been in the news again. From a media viewpoint, that’s great. The industry needs mavericks to keep it interesting. We’ve previously opined, based on the data, that United is about to eclipse, or has eclipsed,…
Ryanair’s H1 profit after tax fell 15% to €2.15bn on fares down 4% and unit costs up 5%. The bigger number is in FY28, when Ryanair expects a fuel bill about €2bn higher. Ancillary revenue was €3.08bn, up 6%. Second-quarter…