ARC NEWS
Pegasus swings to Q2 loss amid international disruption
August 18, 2026
Pegasus Airlines’ international passenger numbers fell 11% to 6.1 million as the Iran conflict disrupted its Middle Eastern network, although domestic traffic grew 16% following capacity redeployment. A 58% rise in fuel expenditure and weaker revenue reduced EBITDA from €254 million to €80 million, while the carrier recorded a €92 million net loss versus a €122 million profit a year earlier. July traffic nevertheless showed signs of recovery, rising 9% year on year.


VietJet expands Asian network
August 17, 2026
VietJet will resume four-weekly Ho Chi Minh City–Chiang Mai flights from 25 October 2026. From 10 November, it will introduce three-weekly services linking Cebu with Ho Chi Minh City and Hanoi, alongside a new Ho Chi Minh City–Clark route. Four-weekly flights between Da Nang and Osaka Kansai will follow from 20 December.


SAA places acting CEO on special leave
August 17, 2026
South African Airways has placed acting CEO Matshela Seshibe on special leave pending an internal review, less than two months after his appointment. Chief legal officer Koekie Mbeki has immediately assumed the acting group CEO role, continuing a period of leadership instability following former CEO John Lamola’s departure and several recent board resignations.


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