AGP Executive Report
Last update: 12 hours agoAviation Fuel Shock: IATA says jet fuel prices are set to jump about 70% in 2026, pushing global airline profits to roughly half to $23bn and making fare increases “inevitable,” with the Middle East conflict and Hormuz risk driving the bill. Airline Operations in Brazil: At the IATA AGM in Rio, Cathay Pacific’s CEO said the group is holding capacity and network despite higher fuel costs, while LATAM Brasil reported engine-related groundings still biting. Engine Dispute: Italy’s ITA Airways said it will decide within 6–8 weeks whether to sue RTX/Pratt & Whitney over engine faults that have grounded a large share of its A320neo fleet. SAF Push: IATA highlighted Brazil’s potential to become a SAF leader, but warned sustainable aviation fuel supply remains far below what net-zero plans require. Energy Storage Deal: EVE Energy announced 67GWh+ in major orders at SNEC 2026, extending momentum in large-scale battery storage. Food Security Agenda: BRICS agriculture ministers meet in Indore to focus on food security, smart farming and farmer welfare, with Brazil included.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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