Monday, October 12, 2026

Air Canada swings to a loss as it looks to recapture fuel costs

Air Canada slips into the red but tops investor expectations for the second quarter.  Air Canada reported a $215 million operating loss for the second quarter of 2026, driven largely by increased fuel prices and one-time labour costs. The Montreal-based carrier reinstated its financial guidance for the year, albeit at lower levels than previously forecast.…

Australian F-35 base breached by drones of unknown origin

The incident is the latest in a string of drone incursions into secure facilities around the world.  The air base housing some of Australia’s most sensitive military aircraft was overflown by multiple drones of unknown origin over the course of three days. RAAF Williamtown in New South Wales is home to the bulk of Australia’s…

Earthquake in Colombia disrupts air traffic at major airports

Social media videos showed damaged ceilings and broken windows at an airport in Pereira.  A massive earthquake that hit Colombia on 10 August impacted several major airports in the region, causing flight cancellations. Videos on social media show major damage at Matecana airport in Pereira, near the earthquake’s epicentre. Large portions of the airport’s ceiling…

Air Baltic to reduce A220 fleet under new business plan

Latvian carrier envisages a long-term fleet of around 40 A220-300s as it works on €225m interim recapitalisation. Air Baltic is to cut its fleet to around 40 Airbus A220-300s under a new long-term strategic plan, supported by moves for an initial interim €225 million ($260 million) recapitalisation. The Latvian carrier operates a fleet of 54…

Former US Army chief touts tactical benefits of hybrid-electric rotorcraft
Aviation

Former US Army chief touts tactical benefits of hybrid-electric rotorcraft

Retired General James McConville says new hybrid-electric designs can offer meaningful improvements to flight range and speed of sortie generation.  After years of searching for a way into the defence market, the start-up companies developing electric vertical take-off and landing (eVTOL) rotorcraft may finally have found their entry point. Beta Technologies and Archer Aviation both…

Archer to acquire Wisk Aero, SkyGrid and Insitu from Boeing

The Boeing divestment will give Archer access to proprietary autonomous flight, electric drivetrain and uncrewed aerial systems technologies. Advanced air mobility start-up Archer Aviation has reached a deal to acquire several emerging aerospace technology companies owned by Boeing. The agreement covers electric aircraft developer Wisk, uncrewed aerial systems manufacturer Insitu and air traffic management solutions…

Embraer firmly on course as it notches up its best-ever second quarter

Brazilian airframer also reports record backlog in latest financial results. Six years after its aborted break-up and part-merger with Boeing, Embraer is in arguably its strongest-ever financial position, with its KC-390 military transport, executive jets, and regional aircraft all in high demand. The Brazilian airframer has just revealed record second-quarter revenues of $2.2 billion –…