AGP Executive Report
Last update: 3 hours agoFares and Costs: Spain’s consumer watchdog warned airlines they may breach emergency rules if they do not offer roughly €20 flights while rail service is disrupted. Airline Results: Emirates remained profitable, but half-year profit before tax fell 68% to Dh3.7 billion as regional disruptions cut passengers and higher fuel costs squeezed margins. Arab airlines, meanwhile, are forecast to lose €3.82 billion collectively in 2026 amid geopolitical and financial pressures. Route Growth: Vietnam Airlines launched four weekly Ahmedabad–Hanoi flights, opening its fifth passenger destination in India. American Airlines is preparing to use larger aircraft on its Dominica route as the island pursues an Open Skies agreement with the US. New Carrier Plans: Edo State signed an MoU with China Express Airline and KDN Aero to develop its proposed state-owned airline. Fuel Policy: India’s draft sustainable aviation fuel policy proposes a 1% blending mandate from 2027, rising to 5% by 2030; SAF could cost two to three times more than conventional jet fuel. Airport Services: Menzies Aviation will handle Singapore Airlines’ passenger, ramp and cargo operations at Western Sydney International from the airport’s November 23 opening.
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