Air Côte d'Ivoire Secures Financing for Fleet Expansion
July 01, 2026
Air Côte d'Ivoire has secured a 50 billion CFA franc (approximately US$87 million) loan from the West African Development Bank (BOAD) to finance the acquisition of four Airbus A319 aircraft. The investment will support the airline's regional growth strategy by expanding its network, launching new routes, and strengthening its position as a leading carrier in West and Central Africa. The airline currently operates a fleet of five A319s, with only one owned outright and the remainder leased. The latest financing follows BOAD's continued support of the airline, including a 30 billion CFA franc loan in April 2025 to fund the acquisition of two Airbus A330neo aircraft, highlighting ongoing investment in Air Côte d'Ivoire's fleet modernization and long-term expansion plans.
Air NZ faces more delays for newest 787-9s
July 01, 2026
Air New Zealand is working with Boeing to re-phase deliveries of its Boeing 787-9 fleet after manufacturing delays pushed the next two aircraft into the first half of the 2027 financial year. The revised delivery schedule is being offset by the earlier-than-expected return of grounded Boeing 787s following Rolls-Royce Trent 1000 engine maintenance, providing the airline with greater flexibility to manage capacity growth. The carrier continues to retrofit its existing 787-9 fleet with new cabins, with completion expected by November, while also planning steady network growth of 3–4% annually between 2026 and 2031. Air New Zealand is further supported by the gradual return of Airbus A321neos affected by Pratt & Whitney GTF engine issues, enabling the airline to pursue targeted, profitable expansion despite ongoing supply chain and engine-related challenges.
Qatar Airways Posts Highest-Ever Operating Profit Despite Airspace Disruptions
June 30, 2026
Qatar Airways reported its highest-ever annual operating profit for the year to end-March, despite the outbreak of the Iran war at the end of February. Operating profit rose 4% to QR15.2 billion ($4.2 billion), despite a marginal slip in revenue, to QR86 billion, as passenger numbers fell and capacity was cut amid the geopolitical upheaval of March. Net profit slipped back 10% to QR7.1 billion. "It is not often that a single financial year asks an organisation to demonstrate both the best of what it can achieve and the depth of what it can withstand," stated Qatar Airways chief executive Hamad Al Khater, who joined in December. "FY2025/26 did both." He added that the consequences of the conflict "remain very much present as this report is published". Cirium schedules data shows that the airline operated around a third fewer weekly seats through May.