SpeedNews

David Leonard to Vice President-Head of FP&A of Crestone Air Partners.

John Song and Jean Stack were named Senior Managing Directors-Aerospace & Defense Investment Banking Team of Evercore.

SIA GROUP had S$75.8m net loss for first quarter ended June 30 (vs S$186.1m profit a year ago) on 19.3% higher revenues/5.9% higher capacity, citing 78.5% increase in fuel costs and share of losses from AIR INDIA for the loss.

TEXTRON AVIATION earned $165m on $1.54b revenues in 2Q26 vs $170m on $1.52b in 2Q25; it delivered 40 jets and 44 commercial turboprops vs 49 jets and 34 turboprops a year ago and now has $8b backlog. BELL revenues rose 6%.

UPS posted $604m net income for 2Q26 (vs $1.28b in 2Q25) on 7.6% higher revenues; average daily volume fell 3.7%.

LATAM AIRLINES CHILE took delivery of new Trent-powered 787-9 (65113) on lease from AerCap.

RISE AIR, Canada agreed to lease a new 68-seat ATR 72-600 from DAE for delivery at end 2026.

MIDDLE EAST AIRLINES leased third ex-Volaris A320-200 (7118) with V2500s from Avolon.

JETBLUE posted $247m net loss in 2Q26 (vs $74m loss in 2Q25) on 14.5% higher revenues/3.2% higher capacity, reporting that (in wake of Spirit demise) Fort Lauderdale delivered 11% RASM on nearly 40% y-o-y capacity growth.

Wendy Bowden to Chief Executive Officer of Nauru Airlines.

EUROPEAN COMMISSION proposed to extend emissions trading system (EU ETS) to international aviation and apply carbon costs to flights departing from Central Europe for destinations at max distance of 5,000 km starting in 2029.