Qantas has again postponed its direct Sydney to London flights, now slated for October 2027. The delay is attributed to extended wait times for new Airbus A350-1000ULR aircraft, with the first delivery pushed to April 2027, impacting the previously announced 2027 launch.
Ryanair reported a record after-tax profit of €2.26 billion for the year to March 2026, up 40%, while cautioning about oil price volatility and Middle East tensions. Passenger numbers rose 4% to 208.4 million, and revenue grew 11% to €15.54 billion. CEO Michael O'Leary highlighted fuel hedging as a key advantage.
Airbus reported first-quarter adjusted operating profit halved to 300 million euros, down 52% year-over-year, as deliveries fell to 114 aircraft from 136 last year due to Pratt & Whitney engine shortages. Sales rose to 12.65 billion euros, beating analyst expectations, while the company maintained its 2026 guidance of 870 commercial aircraft deliveries. CEO Guillaume Faury said Airbus is monitoring Middle East conflict impacts while ramping up production. Boeing's recovery poses increased competition.
