2026

New Delhi, 3rd August 2026: Air India and Azerbaijan Airlines have entered into a new codeshare partnership. The cooperation offers greater flexibility, enhanced connectivity, and more convenient travel options between Azerbaijan and India, as well as onward destinations through both airlines’ networks, while strengthening business, tourism, and cultural ties between the two countries. The new codeshare partnership enables Air India to place its ‘AI’ designator code on Azerbaijan Airlines-operated flights between India and Baku, thus opening Baku as a new destination for Air India customers, a market currently not served by Air India’s own metal. Under this codeshare, Air India’s ‘AI’ code will be applied to Azerbaijan Airlines daily flights operating between Delhi and Baku, and between Mumbai and Baku. Customers from Delhi, Mumbai, and beyond can now travel conveniently to Baku with an Air India ticket, on a flight bearing an Air India flight number, operated by Azerbaijan Airlines. The codeshare agreement builds on an existing interline agreement between the two carriers, which allows customers of both airlines to travel seamlessly on a single itinerary that combines flights operated by the two airlines. For instance, a passenger travelling from Bangkok can fly Air India to Delhi and connect onward to Baku on an Azerbaijan Airlines service with one itinerary, seamlessly. Nipun Aggarwal, Chief Commercial Officer, Air India, said: “At Air India, we believe every corner of the world should be within reach of our customers. Partnerships like this one with Azerbaijan Airlines are central to that vision; they allow us to extend our network beyond the destinations we fly to ourselves. Through this codeshare, our customers travelling to Baku will enjoy convenience and reliability from booking their ticket to check-in and touchdown. This is part of a broader effort to keep strengthening connectivity between India and the rest of the world.” Jamil Manizade, Chief Commercial Officer, Azerbaijan Airlines, said: “India is one of the world’s fastest-growing aviation markets and an increasingly important destination for both business and leisure travel. Our partnership with Air India is an important step in expanding Azerbaijan Airlines’ international connectivity through strategic partnerships. By bringing together the strengths of our networks, we are offering passengers greater choice, enhanced connectivity and a more seamless travel experience between Azerbaijan, India and beyond.” Since its privatisation in 2022, Air India has significantly expanded its global alliance network. Today, the airline maintains 26 codeshare partnerships and more than 120 interline agreements with leading carriers worldwide, providing seamless access for Air India customers to over 1,000 destinations globally.

Gurugram, 30th July 2026: Transport Corporation of India Ltd. (TCI), India’s leading integrated multimodal logistics and supply chain solutions provider, today announced its financial results for the first quarter ended June 30, 2026. Financial Highlights for Q1/FY2027: : Revenue: TCI reported a consolidated revenue of Rs. 12548 Mn, marking a growth of 9.1% compared to Rs.11506 Mn in the same period last year. : EBITDA: The Company’s Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) stood at Rs.1599 Mn, a 5.2% increase from Rs.1520 Mn in Q1/FY2026. : Profit after Tax (PAT): PAT decrease by 0.6% to Rs.1066 Mn, compared to Rs. 1072 Mn in the corresponding quarter of the previous year. Management Commentary Mr. Vineet Agarwal, Managing Director, Transport Corporation of India Ltd. commented, TCI delivered a steady Q1 performance, with revenue and profitability broadly in line with expectations. Automotive, Consumer goods and quick- commerce  related  fulfilment  continued  to  provide healthy  traction.  The  impact  of  war on certain sectors  like Chemicals, Tiles, packaging was visible. However, our diversified multimodal operating model and Pan-India branch network enabled us to maintain operational stability through the quarter. Higher diesel and bunker fuel prices resulted in some cost pressure during the quarter; however, our contractual escalation mechanisms continued to protect the majority of our contracted business, while spot recovery reflected only a short timing lag. We remain focused on margin discipline, efficient cost pass-through and improving asset productivity across our network. Looking ahead, we expect demand to strengthen as the festive season approaches, supported by improving market momentum and seasonal consumption trends. We are also accelerating our investments in technology and AI-led capabilities to enhance forecasting, route optimisation and automation, which will further strengthen service quality, cost efficiency and sustainability across the organisation.

São Paulo, Brazil, July 24, 2026 Embraer, a global leader in the aerospace industry, reported backlog of US$34.5 billion in the second quarter of 2026. Continuing an upward trend for seven consecutive quarters, the figure set a new record once again, rising 7% from the level reported in 1Q26 and 16% higher than the level reached in the same period last year. In Commercial Aviation, the backlog totaled US$15.1 billion, up 15% from a year earlier. The result was driven by Azorra’s new order for 15 E195-E2 aircraft, pushing the E2 program beyond the milestone of 500 firm orders, with customers across all continents. During the Farnborough Airshow, Embraer disclosed Fuji Dream Airlines as the customer behind an order for two E175 aircraft. The jets had already been included in the backlog and were previously listed as firm orders from an undisclosed customer. Commercial Aviation ended the quarter with a 1.8x book-to-bill ratio based on the last 12 months. In Executive Aviation, the order backlog increased to US$7.8 billion, 5% above the level recorded in 2Q25. The business unit’s outlook is further strengthened by the triple certification of the new Praetor 600E and Praetor 500E models by aviation regulators during the second quarter. Introduced to the market in 2026, both jets have now been certified by Brazil’s Civil Aviation Authority, the Federal Aviation Administration of the United States, and the European Union Aviation Safety Agency. Executive Aviation posted a 1.1x book-to-bill ratio over the last 12 months. In Defense & Security, the backlog totaled US$6.1 billion, representing a 42% increase from a year earlier, driven by a landmark agreement with the United Arab Emirates involving the C-390 Millennium. The deal includes 10 firm orders and 10 options, representing the largest international order from a single country for the multi-mission aircraft and signaling its entry into the Middle East market. Defense & Security reported a 2.6x book-to-bill ratio over the last 12 months. Also at a record level, the Services & Support backlog rose to US$5.5 billion, up 12% compared with the second quarter of 2025. During 2Q26, the business unit announced a long-term support agreement with Jazz Aviation, which became the first customer in Canada to join Embraer’s Collaborative Inventory Planning program. Additionally, Embraer signed a new support agreement for the Brazilian Air Force’s (FAB) KC-390 Millennium fleet, covering both aircraft already in service and future deliveries. As a result, the Services & Support business unit ended the quarter with a 1.3x book-to-bill ratio for the last 12 months. Further details on the backlog, as well as the 2Q26 deliveries, are available at: https://embraer.bynder.com/asset/d983db11-51ed-4f46-85cc-6406f2c6956d/Backlog-2Q26.pdf

Kuala Lumpur,29th July 2026: The Association of Asia Pacific Airlines (AAPA) has responded to the European Commission’s 17 July 2026 proposal regarding the review of the European Union Emissions Trading System (EU ETS). While welcoming targeted provisions, the association has strongly cautioned against unilateral expansions that conflict with established global frameworks. In a statement, AAPA said that they welcome the Commission’s decision to maintain the ‘stop the clock’ on applying EU ETS to the full length of international flights, and the additional support proposed for sustainable aviation fuels. However, we share the concerns raised by the International Civil Aviation Organization (ICAO), which noted that a unilateral expansion of the EU ETS for aviation would be inconsistent with the objective of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), the only global market-based measure applying to CO2 emissions from international aviation, and risks duplicative measures. CORSIA was approved by ICAO Member States in 2016. AAPA believes that a unilateral, regional extension of EU ETS risks setting a precedent for fragmented, extraterritorial climate measures that could undermine this multilateral framework over time. The association mentioned that they encourage the European Parliament, Council and Commission, as this proposal is negotiated in the months ahead, to reaffirm their support for CORSIA and the integrity of the global, consensus-based approach it represents. Further, they will continue to monitor this proposal as it moves through the EU legislative process and engage constructively with European institutions and ICAO on behalf of our member airlines.”

Mumbai, 21st July 2026 Akasa Air, India’s fastest-growing airline will be shifting all its flight operations at Chhatrapati Shivaji Maharaj International Airport, Mumbai, to Terminal 2 (T2) of the airport, effective, August 1, 2026. The move is aimed at enhancing customer convenience and ensuring a seamless travel experience. Customers are encouraged to check-in online through www.akasaair.com or mobile app before arriving at the airport. Akasa Air is also proactively communicating the terminal change through multiple customer touchpoints to ensure passengers are well informed ahead of their journey.

High-speed onboard connectivity is moving from a premium extra towards an expected part of the private aviation experience, particularly as passengers grow used to being always connected. The shift is being accelerated by technologies such as Starlink, the satellite internet service developed by SpaceX, which provides high-speed, low-latency connectivity. In aviation, it is increasingly being used to improve the onboard internet experience for passengers who want to work, communicate, stream content or join live meetings during flights.