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Airline Business
Airline news digest: 20-26 July 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline Business
Isom hopes for quick wins as American rebuilds sales and slows capacity growth
While recognising it will take some time to build back its presence in premium indirect sales channel, American Airlines chief executive Robert Isom is hopeful of some early gains after ditching its failing sales and distribution strategy.
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Airline Business
Four days that brought high-flyers Delta and Ryanair back down to earth
A four-day period beginning 19 July reminded both carriers of the airline industry’s uncanny ability to rain on a parade.
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Airline Business
Timing counts for Southwest move to ditch flagship seating policy
When an airline drops a policy that has been in place for 50, predominantly financially successful, years and which has set it apart from virtually every other carrier for the last decade, the question of ’why now?’ is understandably high on the list.
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Airline Business
Air France-KLM drops pace during Olympics but stays on track
The European airline market continues to be an unusually diverse one in performance terms, with Air France-KLM the latest to offer a broadly positive view on underlying demand and yields through the rest of the year.
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Airline Business
Weiss eyes gains as Virgin Atlantic A330 orders secure fleet renewal completion
Virgin Atlantic’s follow-on order for seven more Airbus A330neos will complete a fleet transition which the airline’s chief executive Shai Weiss believes positions the carrier to meet supply chain and sustainability challenges.
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Airline Business
Why are EasyJet and Ryanair expressing such contrasting views on yields and demand?
With airline executives queuing up to report post-Covid ‘normalisation’ trends in yields and demand over the past few months, it comes as something of a surprise to hear a different narrative from EasyJet.
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Airline Business
Airlines around the world echo Ryanair’s comments on weaker fares
After Ryanair on 22 July outlined weaker-than-expected fares during its fiscal first quarter, carriers from around the world have confirmed that they are seeing similar trends.
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Airline Business
Airline Strategy Awards recognises leaders of Delta, Emirates and IndiGo
IndiGo’s Pieter Elbers, Emirates’ Tim Clark and Delta Air Lines’ Ed Bastian were among those recognised on 21 July at this year’s Airline Strategy Awards, alongside Air Astana chief executive Peter Foster.
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Airline Business
Week 30 2024: Farnborough air show and key earnings
This week is a particularly busy one for the global aviation sector, not least because the aerospace industry is gathering in the UK for the Farnborough air show
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Airline Business
How are airlines being affected by the global IT outage?
The global IT outage on 19 July thrust the airline sector into the spotlight as carriers worldwide grappled with associated challenges
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Airline Business
Airline news digest: 13-19 July 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline Business
Back to ‘normal’ at Finnair as pent-up demand dissipates
Finnair is the latest carrier to acknowledge that something more akin to the pre-pandemic ‘normal’ is now setting in for European operators
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Airline Business
United plans to stay ‘ahead of the curve’ by lowering fourth-quarter capacity: Kirby
With much of the US airline industry scrambling to respond to a market flooded with excess passenger capacity, United Airlines’ chief executive Scott Kirby stopped just short of saying “I told you so”.
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Airline Business
Icelandair continues transatlantic pivot amid seismic uncertainty
As much as Icelandair Group has dismissed suggestions that seismic activity in the country should affect people’s willingness to travel to it, the impact of that situation was clear to see in the business’s latest earnings.
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Airline Business
Spirit Airlines cuts second quarter revenue expectations
Spirit Airlines has lowered its second-quarter revenue expectation to $1.28 billion from its previous estimate of $1.32-1.34 billion, as non-ticket revenue slipped below anticipated levels.
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Airline Business
Struggling SpiceJet seeks fresh funds as profitability remains elusive
SpiceJet’s latest financial report – again released after a significant delay – is a reminder of how challenging India’s market can be, whatever potential it holds
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Airline Business
How JFK’s new international terminal aims to change up the model for US airports
The chief executive of New York JFK’s new international terminal is confident the facility will set a new model for airport infrastructure in the country
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Airline Business
Week 29 2024: Earnings season continues after rocky start
The latter half of this week will see more airlines reveal their performances for the April-June period as the earnings season kicks into gear following a rocky start in some cases.
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Airline Business
Airline news digest: 6-12 July 2024
Our regular rundown of the biggest airline stories from the past seven days