Africa World Airlines to purchase batch of E190s
June 11, 2026
Africa World Airlines will deploy its first Embraer E190-E1s next month as part of efforts to increase its fleet capacity. Speaking on stage at the AviaDev conference in Gaborone on 10 June, Sohail Mahmood, the carrier's operating chief, says two of the regional jets will enter AWA's fleet in July to complement its existing fleet of ERJ-145s. He says adding a larger aircraft type has been discussed for several years, but there was now a risk that Ghana, and West Africa more generally, are on a "precipice" where "growth is missed", requiring the African carrier to increase its fleet operational range and capacity. Speaking to Cirium, Mahmood says that AWA will purchase the jets outright from its shareholder Hainan Airlines rather leasing them or leveraging its balance sheet. He adds that the airline plans to purchase up to 10 E190s and is considering possible sellers. Cirium data shows that it has six ERJ-145s in service and one that is in storage. All are managed by Hainan Airlines' parent company HNA Group.
Boeing's May deliveries up a third at 60
June 10, 2026
Boeing last month delivered 60 commercial aircraft, up from 45 in May 2025. That brought year-to-date deliveries to 250 on 31 May, compared with 220 in the same period last year, Boeing data shows. May 2026's deliveries included 52 narrowbodies (51 Max jets and one 737NG for a Boeing Defense, Space & Security programme), plus eight widebodies: six 787s, one 777 Freighter and one 767F. February had previously been the month with the highest deliveries so far this year: 51, comprising 43 Max jets, three Dreamliners, three 767s and two 777Fs. Across the January-May period, the US airframer increased single-aisle deliveries to 200 (198 Max jets and two 737NGs) from 167 a year earlier (164 Max jets and three 737NGs). But widebody deliveries slightly declined. Boeing this year delivered 50 widebodies by 31 May (27 787s, 12 777Fs and 11 767s), compared with 53 in 2025's equivalent period (28 Dreamliners, 16 777Fs and nine 767s). The US airframer last month received 27 gross orders, spanning a previously disclosed 10 787-9s for Lufthansa, three Max jets (one for TUI and two for unidentified customers), and 14 737NGs for an unnamed Boeing Defense, Space & Security customer. Sixteen Max jets were cancelled from Boeing's orderbook, while 11 orders were moved out of the ASC 606 accounting category, which is used to recognise that not all orders lead to deliveries. May's net orders came in at 22. The Max order cancellations comprise eight for South Korean carrier Jeju Air, six for Aviation Capital Group and one each for Spain-based Air Europa and lessor BOC Aviation. Boeing's year-to-date gross-order intake reached 324 aircraft by 31 May, which translated to 298 net orders after cancellations, conversions and ASC 606 adjustments. Last year, the airframer received 552 gross and 606 net orders during the January-May period.
S&P downgrades JetBlue to 'CCC+'
June 10, 2026
S&P Global has lowered its issuer credit rating on JetBlue to 'CCC+' from 'B-' as it expects the US carrier's operating performance to be "significantly pressured" over at least the next 12 months amid the Middle East conflict and rise in jet fuel prices. The rating agency also lowered its issue-level rating on the carrier's loyalty debt, including the senior secured term loan and notes, by one notch to 'B', with no change to the '1' recovery rating. "Our downgrade reflects our expectation for materially weaker cash flow generation this year due to sharply higher jet fuel prices, further delaying recovery in credit measures. We now project a significantly wider free cash flow deficit of about $1 billion in 2026, nearly double our previous projection, with negative free cash flow continuing into 2027," S&P said on 8 June. It adds that prior to the conflict starting the airline "already had minimal downside cushion in its metrics, with our stable outlook dependent on the airline's substantial liquidity position and our previous expectation for free cash flow generation in 2027." S&P expects that JetBlue's liquidity will decline by around $2 billion and that it will issue around $500 million on incremental debt this year, including a $250 million accordion draw. It notes that while the carrier has "ample borrowing capacity" based on the "considerable size of its unencumbered asset base", an increasing debt service burden "exacerbates an already pressured cost structure". "We view further debt issuance as likely if fuel prices remain elevated or if JetBlue's ability to raise fares does not materialise as expected. In our view, the company's capital structure appears to be unsustainable in the long term based on its significant leverage (several years at double-digit levels), and it is now increasingly dependent on much stronger earnings and cash flow in 2027," S&P says. Amid a demand environment that remains strong, JetBlue recently updated its second-quarter guidance, reflecting better-than-expected unit revenue trends, citing positive demand trends across all cabins and geographies, S&P notes, adding that it is benefiting from Spirit Airlines' closure last month. That is driving a projected 10% growth in unit revenue during the second quarter, which will reduce to 8.5% over the second half of the year. However, despite that improved outlook, it believes that JetBlue's pricing power is limited, especially compared with the network carriers. This is "mainly due to mix of premium cabin, corporate travel, and international routes".