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Virgin Australia reported (28-Aug-2026) underlying EBIT for H1FY2027 is expected to be "broadly in line with H1FY2026" based on "the forward fuel curve" and "demand and forward bookings" remaining strong as consumers continued to prioritise travel. The carrier reported an underlying EBIT of AUD490 million (USD352.6 million) in H1FY2026. Key assumptions for H1FY2027 include:

• Capacity will continue to be managed "with discipline", with domestic capacity to decline by 3%;
• RASK is expected to grow between 6% and 8% reflecting "strong demand, transformation and disciplined capacity management";
• Benefits from the carrier's Transformation Programme and lower maintenance costs are expected to partly offset headwinds in airports and labour costs, resulting in CASK (excluding fuel) growth being less than RASK growth;
• Fuel is expected cost of approximately AUD700 million (USD503.7 million) based on the forward curve and 3.2 million barrels of oil consumed with hedging for the remainder of the period of 96% (brent) and 20% (refining margins);
• Velocity is expected to achieve continued strong underlying momentum in active member growth and external billings, offset by one-off impact of Reserve Bank of Australia interchange fees and ramp up of investment in three year Velocity transformation programme, resulting in FY2027 underlying EBIT being "broadly in line" with FY2026. This investment is targeted to deliver low double digit underlying EBIT growth for FY2028 and FY2029;
• Capex is expected to be approximately AUD900 million (USD647.6 million) to AUD1 billion (USD719.6 million) FY2027, including the purchase of five Boeing 737 MAX 8 aircraft and two Embraer E190-E2 aircraft;
• Leverage expected to be towards the low end of the target range of one to two times net debt/underlying EBITDA;
• Significant Items excluded from FY2027 underlying results are expected to be approximately AUD40 million (USD28.8 million), which includes transformation-related restructuring and IT costs of approximately AUD20 million (USD14.4 million), IPO-related share-based payments of approximately AUD20 million and any foreign exchange movements in aircraft lease liabilities.

Virgin CEO and MD Dave Emerson stated: "Looking ahead, we remain focused on providing value and choice to Australians to meet their travel needs. As an industry, we all have a role to play in managing costs so aviation doesn't become unaffordable for Australians". He continued: "The cumulative impact of rising costs across many parts of the aviation supply chain, particularly airport charges, remains a concern and reinforces the importance of continued financial discipline and transformation". [more - original PR]

Virgin Australia reported (28-Aug-2026) an underlying EBIT of AUD753 million (USD541.8 million) for the 12 months ended 30-Jun-2026, an increase of 13.4% year-on-year and a result supported by "strong demand, benefits from the Transformation Programme and disciplined capacity management". Underlying net profit after tax (NPAT) increased 21.9% to AUD404 million (USD290.7 million), reflecting "EBIT growth, a moderate increase in net finance costs and a 30% effective tax rate". Virgin stated its performance was underpinned by more than AUD450 million (USD323.8 million) in gross benefits from its Transformation Programme during FY2026 which, when combined with effective fuel hedging and benefits from its newer fuel-efficient aircraft, partly offset above-inflation cost increases, particularly in airport charges and labour. Virgin CEO and MD Dave Emerson stated: "Our FY2026 results demonstrate that Virgin Australia has become a stronger and more resilient airline," adding: "Our strategy is working. We have built a simpler, more focused business with a primarily domestic network, targeted short-haul international services and global connectivity through our airline partners". Mr Emerson continued: "We delivered strong earnings growth and further margin expansion despite significant inflationary pressure across the aviation supply chain and a more challenging operating environment, while continuing to invest in the long-term competitiveness of the business". [more - original PR]

Aerolineas Argentinas announced (26-Aug-2026) the following services for the 2027 summer season:

• Commence four times weekly service to Curacao on 02-Jan-2027, with two direct frequencies and two frequencies via Aruba;
• Commence five times weekly service to Cartagena on 01-Jan-2027;
• Cordoba-Cabo Frio: Commence twice weekly service on 26-Dec-2026;
• Cordoba-Florianopolis: Seven times weekly;
• Buenos Aires-Florianopolis: 36 times weekly;
• Rosario-Florianopolis: Seven times weekly;
• Tucuman-Florianopolis: Four times weekly;
• Salta-Florianopolis: Four times weekly;
• Buenos Aires-Punta del Este: 28 times weekly;
• Buenos Aires-Montevideo: 14 times weekly;
• Daily service to Aruba and up to seven times weekly services to Punta Cana and Cancun;
• Domestic services from Buenos Aires:
  • Bariloche and Cordoba: 70 times weekly;
  • Mendoza and Iguazu: 56 times weekly;
  • Ushuaia: 55 times weekly;
  • Salta: 45 times weekly;
  • El Calafate and Neuquén: 42 times weekly;
  • Tucuman: 40 times weekly;
  • Mar del Plata: 31 times weekly;
  • Jujuy: 26 times weekly;
• The carrier will also maintain 10 times weekly service Buenos Aires Ezeiza-Madrid Barajas service and four times weekly Buenos Aires Ezeiza-Rome Fiumicino service, as well as 16 times weekly Buenos Aires Ezeiza-Miami service during the season.

The carrier will reach a total offering of 1.5 million seats during Jan-2027, a 13% year-on-year increase driven mainly by the domestic network, which will see a 13% increase, and by the regional operation, which will grow by 16%. [more - original PR]

Abra Group CCO Angus Clark confirmed GOL will commercially represent avianca in the Brazilian market (Aeroin/PANROTAS, 26-Aug-2026). GOL's commercial team will take over the management of avianca's flight offerings, connections and products in Brazil.

Delta Air Lines announced (26-Aug-2026) plans to resume daily New York JFK-Tel Aviv service with A330-900neo equipment on 06-Sep-2026. El Al and Neos also operate the route, according to OAG. [more - original PR]

Qantas Group unveiled (27-Aug-2026) a new business suite for its A321XLR fleet, bringing a lie-flat bed to a Qantas single-aisle aircraft for the first time. The suites are designed to transform the travel experience on longer routes including transcontinental services to and from Perth, as well as on short and medium haul international routes. The suites are arranged in a 1-1 configuration in an angled herringbone layout, a first for a Qantas single-aisle aircraft. Each offers a 19 inch entertainment screen, wireless and USB-C charging, free WiFi and storage. The first of 16 A321XLRs configured with the business suites is scheduled to arrive in 2028. Qantas also announced an evolved business suite product for its additional Boeing 787-9s on order, with 42 suites on each aircraft to feature a sliding privacy door for the first time on a Qantas Dreamliner. The product featues 80-inch lie-flat beds, a 19-inch screen and restyled personal storage space. [more - original PR]