ARC NEWS
VietJet Reports 9% Rise in Q3 2026 Profit Despite Higher Fuel Costs
November 04, 2026
VietJet reported a 9% increase in consolidated net profit to $13.5 million for Q3 2026, despite elevated fuel prices linked to Middle East tensions. Revenue rose 35%, while expenses increased 40%. Growth was supported by network expansion, higher passenger volumes and improved fleet efficiency.

For the first nine months of 2026, group net profit increased 7%, with revenue rising 41%. However, the airline's standalone net profit declined 7% despite a 30% revenue increase. The group continues to focus on fleet expansion and operational efficiency amid ongoing geopolitical and fuel-cost pressures.


Alaska Air Group Cuts 200 Jobs Amid Rising Fuel Costs and Mounting Losses
November 04, 2026
Alaska Air Group is eliminating approximately 200 non-contract positions, primarily in Washington and Hawaii, as elevated fuel prices and geopolitical challenges place increasing pressure on profitability. Frontline non-management positions will not be affected, and impacted employees will receive pay through December, severance and support services.

The airline warned of a potential adjusted pretax loss of up to $700 million in 2026, its first outside the pandemic since 2003. For the nine months to September, Alaska recorded a $365 million operating loss, compared with a $228 million profit a year earlier. Fourth-quarter fuel costs are expected to increase by approximately $650 million, further straining financial performance.


Amadeus Security Breach Exposes Passenger Data Across Multiple Airlines
November 03, 2026
Several airlines, including Malaysia Airlines, Cathay Pacific, Japan Airlines, Asiana Airlines and Korean Air, have reported potential passenger data exposure following a security breach at reservations system provider Amadeus. The vulnerability allowed unauthorised access to certain booking information, including passenger names, booking references and flight details. Cathay Pacific confirmed that approximately 53,000 bookings were accessed between August 2023 and September 2026, with some potentially exposing contact details, travel document information and frequent flyer numbers. Amadeus reports no evidence of financial data compromise or ransomware activity. Investigations remain ongoing, with further airline disclosures expected.


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