Embraer Reports Record Second-Quarter Revenue
August 11, 2026
Embraer reported record Q2 2026 revenue of R$11.34 billion (US$2.23 billion), representing a 10% year-on-year increase. Net profit rose 25% to R$1.11 billion as the manufacturer delivered 65 aircraft. Following the strong results, Embraer doubled its 2026 free-cash-flow forecast to at least US$400 million.
Castlelake Withdraws from easyJet Takeover Race
August 07, 2026
Castlelake has abandoned its pursuit of easyJet, leaving Apollo as the only known potential bidder for the UK low-cost carrier. Apollo’s proposed £7.15-per-share offer values easyJet at approximately £5.7 billion and has received preliminary support from the airline’s board.
The US investment firm must announce a firm offer or withdraw by 17:00 BST on 7 August.
Fuel Costs Push Wizz Air into Quarterly Loss
August 07, 2026
Wizz Air recorded a €183 million operating loss despite carrying a record 21.2 million passengers and increasing revenue by 5.5% to €1.5 billion.
The result reflected a 21% rise in unit fuel costs, weaker unit revenue and continued Pratt & Whitney GTF engine disruption.
Wizz nevertheless reduced grounded aircraft to 27 and continued expanding its fleet and European base network.