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CAPA - Centre for Aviation, in a report entitled: 'Canada Aviation: the four busiest airports to be leased - the which, what, why and wherefores', stated (22-Sep-2026) Canada's Prime Minister Mark Carney has committed to bringing private investment into operations at Toronto Pearson International Airport, Vancouver International Airport, Montreal Pierre Elliott Trudeau International Airport and YYC Calgary International Airport. The likely structure is long-term lease/concession arrangements, with Transport Canada retaining ownership and oversight rather than outright airport sales. The government's stated rationale is "asset recycling" to unlock value from mature airport assets to fund other national growth priorities. Politics and geopolitics may shape bidder interest and outcomes, with potential preference for European participation as Canada seeks to distance itself from the US and deepen EU ties. [more - CAPA Analysis]

Background

Air Line Pilots Association, International president Tim Perry warned that opening Canada's four largest airports to foreign private investment posed risks, urging the government to prioritise public interest and safety.1 Canadian Labour Congress, CUPE, Unifor and IAM opposed long term concessions, citing Australia as a cautionary example and flagging concerns over higher fees and pressure on wages and working conditions.2 Canadian Airports Council president Monette Pasher argued proceeds should be reinvested in infrastructure, connectivity and affordability across Canada's airport system.3

Airlines for America (A4A) filed (21-Sep-2026) an objection on 17-Sep-2026, opposing Air China operating additional services to New York and Washington. A4A claimed the scheduled services could create a pathway for Chinese carriers to exceed the capacity limits governing the US-China market, stating: "Air China should not be permitted to use an extraordinary, event specific operation to expand scheduled capacity". A4A also linked its objection to the continuing imbalance created by Russian airspace restrictions. Air China filed notice of the additional services with the US Department of Transportation on 14-Sep-2026, stating they would support travel related to "high-level meetings" taking place in the US. Air China operated an additional Beijing-New York JFK service on 19-Sep-2026 and scheduled an additional Beijing-Washington Dulles service for 25-Sep-2026. [more - Aviation Week]

Jambojet MD and CEO Karanja Ndegwa stated (21-Sep-2026) the carrier plans to determine its 10 year network strategy within the next year. Mr Ndegwa said Jambojet will conduct talks with Airbus, Boeing and Embraer, and consider the economics. Mr Ndegwa said the Dash 8-400 remains central to the carrier's strategy due to its suitability for short haul routes and ability to operate at airports with infrastructure limitations. Jambojet plans to expand its Dash 8-400 fleet from nine to 16 aircraft by 2029. Mr Ndegwa said economics shift in favour of jets for longer duration services. Jambojet plans to increase passengers from 1.5 million p/a to between 2.8 million and 2.9 million p/a in five years. [more - Aviation Week]

Background

Jambojet CEO and MD Karanja Ndegwa said fleet growth was constrained by delayed deliveries, with the 12th aircraft expected in 4Q2026 rather than 3Q2026, but additional 2027 deliveries were intended to add about 22 weekly flights and lift capacity 11%, supporting new regional routes and higher domestic frequencies.1 2 Jambojet chairman Ayisi Makatiani said it planned to increase domestic frequencies and start Entebbe and Dar es Salaam services by Mar-2027, targeting a fleet of 30 aircraft over five years and potentially introducing longer-range aircraft.3 4

EASA reported (21-Sep-2026) sustainable aviation fuel (SAF) comprised 2.8% of the EU's aviation fuel supply in 2025. Of the 39.3 million tonnes of aviation fuel supplied to EU airports, 1.1 million tonnes were SAF, cutting CO2 emissions by 3.77 million tonnes. France, Italy, Germany, the Netherlands and Spain accounted for 74% of all SAF supplied in the EU, with the Netherlands being the largest recipient at 29%. The main concern among European airlines is meeting the 6% SAF mandate by 2030, including a 1.2% e-SAF sub-mandate. EASA stated the SAF ramp-up is "on track" to meet the 2030 targets, with approximately 50 e-SAF projects awaiting final investment decisions. [more - Aviation Week]

Phoenix Sky Harbor International Airport (PHX) selected (21-Sep-2026) American Airlines as the primary carrier for its West Terminal, which will be the airport's first new terminal in nearly 40 years. Details of the terminal's design and the number of gates still being determined. A collaborative planning phase for the terminal began earlier in 2026. A design procurement process is anticipated in 2027. The airport stated construction could potentially begin in late 2029 with an opening in late 2033. The project will be funded through passenger facility charges, bonds and airport funding. The West Terminal is part of the Destination PHX 2050 development programme, which will guide the airport's capital investments and help prepare to serve an anticipated 90 million passengers p/a by 2050. [more - original PR - American Airlines] [more - original PR - Phoenix Sky Harbor International Airport]

Background

Phoenix Sky Harbor previously outlined a west-side terminal with design work underway and construction expected to start after 2030, funded via passenger facility charges, bonds and airport funding, alongside a west-side taxiway and North Concourse expansion.1 The airport also advanced near-term capacity and connectivity works, including a planned six-gate north concourse at Terminal three and a post-security walkway between Terminals three and four.2 3

Boeing reported (16-Sep-2026) the following business updates:

  • CEO Kelly Ortberg stated stabilising 737 MAX production and moving to higher rates on the 737 and 787 programmes is "taking a bit longer than what I had anticipated". Mr Ortberg added: "We're now driving at 47 a month, but we are not stable yet at 47 a month", noting: "That's been our task here to get stable";
  • Mr Ortberg said 737 MAX 10 certification is coming "very soon", adding: "We're in close coordination" with the US FAA and adding: "We've completed all the flight testing. Now we're just in the documentation phase";
  • Boeing stabilised 787 production at eight aircraft per month and plans to increase to 10 per month in 2027. CFO Jay Malave said the company is preparing for future rate increases. Mr Malave stated: "Our second assembly facility is under construction today", noting: "We expect that to be complete next year so that helps us start thinking about these future rates";
  • 777-9 testing continues, with the aircraft type remaining on track for first delivery in 2027. [more - original PR]

Most Read News Headlines

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American Airlines CFO Devon May stated (16-Sep-2026) the carrier will consider taking "a little capacity out when we see a rise in fuel", noting: "We'll touch up [Dec-2026] because of that, but it's important for us to continue to grow back the network" (Reuters/Bloomberg, 16-Sep-2026). Mr May said for American to have a competitive schedule, "we do have to have some of this capacity back in the market". He noted 4Q2026 fuel prices had increased by approximately USD1 per gallon from the level assumed in Jul-2026. CEO Robert Isom added: "If fuel prices remain as high as they are right now, I think that that's going to require some adjustments in terms of our capacity planning". [more - Aviation Week]

Background

American's 2Q2026 capacity rose 5.4% year-on-year, alongside a 26% increase in managed corporate revenue and continued premium-revenue momentum, with more premium seats planned via 787-9 and A321XLR deliveries and widebody/narrowbody retrofits1. Fuel pressures intensified, with 2Q2026 fuel expense up more than USD2.2 billion year-on-year and 3Q2026 fuel expense projected up USD1.7 billion (forward curve as of 21-Jul-2026)2. CFO Devon May previously said 2Q2026 capacity was about one point below initial plans due to Tel Aviv and Doha suspensions, Chicago reductions and other marginal cuts amid higher fuel, while warning post-summer capacity would be managed sharply3.

United Airlines CFO Mike Leskinen stated (16-Sep-2026) the carrier may make capacity adjustments in 2027 due to increased fuel prices. Mr Leskinen stated: "We are not flying to maximise market share. We're flying to maximise profitability and free cash flow". He added: "There's some marginal routes that don't make sense in a higher fuel environment, so we cut them". [more - Aviation Week]

Background

United expected nearly USD6 billion in added fuel expense in 2026, with fuel costs up USD2.3 billion in 2Q2026, and it planned to recover 80%-90% of the increase in 3Q2026 and 100% by 4Q2026.1 United also said it would reduce flying on "temporarily unprofitable" routes and cancel off-peak frequencies in 2Q2026 and 3Q2026 while keeping longer-term capacity plans unchanged.2

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