ANA Holdings has reported an operating profit of Y36.7 billion ($247 million) for the quarter ended 30 June, up 21% year-on year on the back of strong inbound -demand. "As we entered this fiscal year, we were encouraged by the continued recovery in international passenger demand alongside favorable fuel market conditions and foreign exchange rates, " says chief financial officer Kimihiro Nakahori. Its operating revenue was up 6.2% to Y549 billion, as operating expenses increased 5.2% to Y512 billion, states the group in a 29 July announcement. For the quarter, ANA's net profit fell 6.9% to Y22.9 billion. Mainline ANA recorded international passenger revenue of Y206 billion, up 8.8%, which it attributes to strong performance on three new routes from Tokyo Haneda to Milan, Stockholm and Istanbul. International ASKs were up 8.6% while RPKs were up 11.6%, pushing load factor up 2.1 percentage points to 79.3% Domestic ASKs, meanwhile, gained 1.1% as RPKs increased 5.2%, with a 2.8-point increase in load factor to 71.6%. ANA says business demand on domestic routes has not recovered to pre-pandemic levels while expenses have increased, making it a challenge to "generate profit in the domestic aviation business". Its regional low-cost regional subsidiary Peach reported a 4.5% fall in revenue to Y29.2 billion, while Air Japan's revenue jumped 51.2% to Y2.9 billion. International cargo revenue fell 2% to Y42.2 billion, even as freight volume and cargo traffic volume increased 1.5% and 2.5%, respectively. Despite concerns over US tariffs, ANA says international cargo "performed robustly" though it notes a decline in demand for triangular shipments from China to the US, which it offset by targetting demand from other parts of Asia to the US. On the domestic front, ANA's cargo revenue dipped 2% to Y5.3 billion, as freight carried and cargo traffic volume fell 2.2% and 2.1%, respectively. For the financial year ending March 2026, the group maintains a revenue forecast of Y2.37 trillion and an expected net profit of Y122 billion.

Lufthansa subsidiary Group Engine Management has agreed leases for four Pratt & Whitney PW1100 engines with CDB Aviation. The engines, which power the Airbus A320neo family of aircraft, will be used to support airlines under the Lufthansa Group, states CDB Aviation in a 28 July LinkedIn post. Group Engine Management was established in 2022 and provides engine management services to Lufthansa Group airlines.

The European Union and USA have agreed to exempt aerospace products from new trade tariffs that will apply between the two. European Commission president Ursula von der Leyen states that "all aircraft and component parts" are included in a list of strategic products on which "zero-for-zero tariffs" will apply under a new trade and tariff framework agreement jointly announced with US president Donald Trump in Scotland on 27 July. The list additionally includes "certain chemicals, certain generics, semiconductor equipment, certain agricultural products, natural resources and critical raw materials", von der Leyen says, noting that "we will keep working to add more products to this list". Under the new trade rules, a 15% tariff rate will apply for "the vast majority of EU exports" to the USA. President Trump had previously threatened to impose a 30% rate from 1 August. Von der Leyen has not specified the rules for steel and aluminium exports to the USA. Citing a "common external challenge of global overcapacity", she says the EU and USA will "work together to ensure fair global competition", adding: "To reduce barriers between us, tariffs will be cut. And a quota system will be put in place." As part of the agreement, the EU has committed to purchasing US energy to replace Russian oil and gas imports to Europe, and to provide US exporters with "better access" to EU markets, von der Leyen says. She asserts that the accord "delivers stability and predictability, for citizens and businesses on both sides of the Atlantic", and "provides a framework from which we will further reduce tariffs on more products, address non-tariff barriers, and co-operate on economic security". Airbus tells Cirium that the agreement to exempt aerospace products from tariffs "restores the longstanding, reciprocal principle of tariff-free trade for civil aircraft". The European airframer adds that "a stable and predictable trade environment is essential for our highly integrated global aerospace industry". Safran says it won't comment before the official texts of the trade agreement have been published. The French aerospace group jointly owns CFM International with GE Aerospace. In June, the UK and US governments agreed a removal of tariffs on aerospace products as part of a trade deal between the two countries. A 10% rate will apply for UK exports to the USA.