AGP Executive Report
Last update: 5 hours agoAirBorneo Launch: Malaysia’s Sarawak state-owned carrier AirBorneo begins jet service with its inaugural Kuching–Kuala Lumpur flight, positioning the airline as a lever for cheaper, more transparent fares and stronger tourism and logistics links. Boeing Deal at Farnborough: Philippine Airlines commits to buy 15 Boeing 787-10 Dreamliners with options for five more, aiming for first deliveries in 2031 as it modernizes long-haul capacity. EasyJet Summer Surge: EasyJet plans a record summer with 80,000+ peak flights, 39 million seats to/from the UK, and new longer-haul leisure routes. Middle East Airspace Risk: Bahrain says Iran targeted its air navigation systems with drones, but traffic and operations were unaffected. ATR Outlook: ATR expects order activity to improve in the second half of 2026 after early-year procurement pauses tied to the US-Iran war. Turkish Airlines Training Push: Turkish Airlines signs with CAE for five full-flight simulators plus training devices, with deliveries through 2029. Riyadh Air Fleet Acceleration: Riyadh Air firms up 28 more 787s (including 20 converted to 787-10) and adds six A350-1000s, while noting delivery timing has been less “orderly” than planned. Loganair Goes Electric: Loganair orders up to 10 BETA Alia CX300 all-electric aircraft for passenger and cargo routes, targeting service in 2029. Ryanair Profit Pressure: Ryanair reports Q1 profit down 34% as Middle East conflict lifts fuel costs and weakens fares, warning results remain sensitive to further escalation. WestJet Winter Expansion: WestJet adds new Winnipeg direct routes to Punta Cana and Belize City for winter 2026/27. SMBC Aviation Capital Order: SMBC Aviation Capital places a 100-aircraft Boeing 737 MAX order, including first-time Max 10s, plus a separate engine agreement for A320neo-family jets.
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