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Latest News Headlines

Manchester Airports Group (MAG) reported (02-Jul-2026) a net profit of GBP62.7 million (EUR72.5 million) for the 12 months ended 31-Mar-2026, compared to a net profit of GBP11.5 million (EUR13.4 million) in FY2025. MAG airports handled a record 66.3 million passengers in FY2026, an increase of 1.9% year-on-year. MAG reported the performance was driven by core airlines including Ryanair, easyJet, Jet2.com and TUI adding destinations and frequencies to Europe, alongside the attraction of a "number of key long haul routes to its airports for the first time during the period". The group's annual economic impact increased to GBP14 billion (EUR16.35 billion) in FY2026, with the direct routes MAG airports provide linking the UK to 75% of global GDP. MAG reported it neared completion of the GBP1.5 billion (EUR1.8 billion) transformation of Manchester Airport during FY2026, with plans to "start investment" at London Stansted Airport in the near future. MAG CEO Ken O'Toole said: "We were pleased to secure permission to grow passenger numbers at London Stansted up to 51 million and are poised to deliver a GBP1.1 billion (EUR1.28 billion) investment programme to take us towards that". He continued: "Our long term ability to continue growth-enabling investments of this nature is influenced by the fiscal environment in which we operate. The current Government has been hugely supportive of aviation in policy terms, but risks undermining that with a tax regime that creates a barrier to investment-led growth. MAG's business rates have already more than doubled and there remains no clarity on what airports' future liabilities will look like". [more - original PR]

Background

MAG's traffic growth accelerated into 2024/25, with more than 65 million passengers in the 12 months to Mar-2025, driven by record volumes at Manchester and London Stansted airports1. MAG's FY2025 net profit rose to GBP11.5 million, alongside revenue growth and an updated five-year Sustainability Strategy, according to MAG CEO Ken O'Toole2. MAG also raised GBP300 million via an 18-year bond on 16-Apr-2024 to fund Manchester's transformation and a Stansted terminal extension3.

Cathay Pacific announced (02-Jul-2026) plans to resume daily Hong Kong-Dubai and four times weekly Hong Kong-Riyadh services from 01-Sep-2026. [more - original PR]

West African Development Bank (BOAD) announced (26-Jun-2026) its board approved XOF50 billion (USD87.18 million) in funding to support Air Côte d'Ivoire's acquisition of four A319 aircraft. The airline is expected to use the aircraft to expand its regional network and open new routes. [more - original PR]

Background

Air Côte d'Ivoire and African Development Bank signed a LoI to explore cooperation on aircraft financing, aviation training and sustainability initiatives, including sustainable aviation fuel opportunities1. Côte d'Ivoire’s government also signed a USD76.6 million financing agreement with the Arab Bank for Economic Development in Africa to acquire two A330-900neos for Air Côte d'Ivoire, supporting planned long haul services including New York and Paris2.

Hi Fly announced (02-Jul-2026) its global operations spanned 74 airports across 41 countries in 1H2026, including Wolf's Fang Runway in Antarctica, one of the most remote aviation gateways in the world. [more - original PR]

Background

Hi Fly previously resumed services from Cape Town to Wolf's Fang Runway on 05-Nov-2023 using A340 equipment to transport tourists, scientists and essential cargo, after landing the first Airbus widebody in Antarctica in 2021.1 2

Emirates announced (02-Jul-2026) its customers had made over one million connections to Starlink WiFi since the service was introduced across the airline's fleet in Nov-2025. The service is currently available on 33 Boeing 777s and three A380s, with the carrier planning to install Starlink inflight connectivity on its entire in-service fleet of 232 aircraft by mid 2027, as previously reported by CAPA. [more - original PR]

Background

Starlink adoption accelerated across global carriers: Qatar Airways completed installations on more than 120 widebodies and began fitting 787s after equipping all 777s and A350s1 2. United deployed Starlink on a widebody 777-200 and targeted fleet-wide fitment by summer 2027, with free access for MileagePlus members3. In the region, Gulf Air commenced free, all-cabin Starlink service and planned fleet-wide expansion4, while flydubai aimed to install Starlink on 100 737s in 20265.

Embraer Commercial Aviation reported (02-Jul-2026) the following aircraft deliveries:

  • 2Q2026: 20 aircraft, compared to 19 in 2Q2025;
    • E175: 10;
    • E190-E2: Four;
    • E195-E2: Six;
  • 1H2026: 30 aircraft, compared to 26 in 1H2025;
    • E175: 16;
    • E190-E2: Five;
    • E195-E2: Nine.

Embraer continues to expect 80 to 85 commercial aircraft deliveries for 2026. [more - original PR]

Background

Embraer’s commercial deliveries rose to 10 aircraft in 1Q2026, with shipments including E175s and E190-E2/E195-E2 variants, and it reiterated full year guidance of 80 to 85 deliveries.1 2 1Q2026 deliveries went to AerCap, American Airlines, Azorra, Luxair, Republic Airways and SkyWest Airlines, while Embraer also disclosed a USD15 billion backlog, up 50% year-on-year.2

Most Read News Headlines

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SAS ordered (30-Jun-2026) 18 A330-900 aircraft powered by Rolls-Royce Trent 7000 engines, as part of an ongoing fleet renewal strategy. The A330-900s will support SAS' international network expansion, allowing the airline to increase frequency on existing high capacity routes globally and introduce new routes. The entire investment comprises up to 40 widebody aircraft, combining new A330-900neo aircraft with additional A330-300 aircraft secured to support near term growth ahead of the arrival of the new fleet. The Airbus order represents the highest value aircraft order ever placed by SAS, with a total list price of over USD10 billion. Together with the ongoing renewal of the A320neo fleet and an order for 55 Embraer E195-E2s in 2025, these investments represent the "most significant modernisation of the SAS fleet in decades, delivering improvements in fuel efficiency, noise performance and customer experience". [more - original PR - Airbus] [more - original PR - SAS] [more - original PR - Rolls-Royce]

IATA Economics reported (26-Jun-2026) up to one third of announced sustainable aviation fuel (SAF) projects "are unlikely to proceed". Details include:

  • Approximately 200 SAF projects have been announced, for up to 30 million tonnes of production capacity by 2030;
  • About 35% of the announced capacity is operational or under construction, and approximately 60% is expected to materialise;
  • Actual SAF capacity is estimated to reach around 20 million tonnes by 2030;
  • The Americas are expected to account for approximately 40% of capacity, driven mostly by projects in the US. Europe, North Asia and Asia Pacific will likely contribute a combined 12 million tonnes. Asia Pacific has the most advanced project pipeline, with more than 40% of announced capacity already operational.

IATA stated: "Many projects remain at an early stage and risk being delayed or cancelled". The association added: "Insufficient policy support and the related limited access to funding are part of the root causes". [more - original PR]

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