All Airline Business articles – Page 23
-
Airline BusinessConfident IAG keeps its profit momentum
Launch of a €350 million ($377 million) share buyback programme underlined British Airways and Iberia parent IAG’s confidence in its financial performance after delivering a further increase in profit for the third quarter.
-
Airline BusinessNew chief Greg Anderson wants to restore ‘Allegiant of old’ and grow out-and-back network
Recently installed chief executive Greg Anderson, who has stepped into the shoes of longtime CEO Maurice Gallagher, recently told Airline Business in Las Vegas that the carrier finally sees a path forward.
-
Airline BusinessHow KLM went from group’s star performer to problem child
While work to transform Air France has begun to bear fruit, KLM’s performance has been deteriorating over the past couple of years
-
Airline BusinessAircraft shortage slows Turkish Airlines growth story
While consistent post-pandemic growth means Turkish Airlines third-quarter revenues topped 2019 levels by 65%, the wider industry and economic challenges that have stalled progress for many other operators are impacting it too.
-
Airline BusinessUncertainty breeds frustration, but also resilience: IATA’s Walsh
The uncertainty that the airline industry is having to deal with since the end of the Covid-19 pandemic – delivery delays, taxation hikes, geopolitical instability – has made it more difficult for managers to plan, but it has also made the entire segment more resilient, IATA director general Willie Walsh tells Airline Business
-
Airline BusinessEasing yield picture offers Ryanair boost in year bookended by challenges
While on one level the headlines from Ryanair’s second quarter results offer plenty of reasons for concern, it is encouraged by an easing of recent yield declines and a growth advantage next year
-
Airline BusinessAmid continued profits, Japanese majors look to better capture outbound demand recovery
Japan Airlines and All Nippon Airways remain optimistic of meeting their full-year earnings targets, on the back of strong international travel demand – in addition to strong yields – and despite rising costs
-
Airline BusinessWeek 45 2024: More European carriers to report amid US election and Boeing strike votes
While Ryanair’s second-quarter profits announcement this morning kicks-off a week in which European operators Air France-KLM, IAG and Turkish Airlines all disclose financials, wider attention is likely to be on US votes to settle Boeing’s damaging machinists strike and presidential elections
-
Airline BusinessAirline news digest: 26 October - 1 November
Our regular rundown of the biggest airline stories from the past seven days
-
Airline BusinessAir Canada turns C$1bn profit, reports ‘stable’ business amid increasing costs
Demand for international air travel helped push Air Canada to a C$1 billion ($720 million) operating profit in the third quarter of 2024, with executives broadly describing market conditions as healthy despite upward-creeping costs and ongoing aircraft delivery delays.
-
Airline BusinessSouthwest counting on new ‘hybrid’ model to compete with full-service carriers
Southwest Airlines executives maintain that major changes underway at the Dallas-based company will be enough to regain its status as a top-performing US carrier by 2027.
-
Airline BusinessFrontier, JetBlue and Spirit vie for stability in ULCC market amid fresh merger talks
Frontier Airlines’ chief executive Barry Biffle repeatedly declined on 29 October to discuss reports of the company’s potentially renewed interest in acquiring Spirit Airlines, more than two years after Spirit left Frontier at the altar in favour of a more lucrative deal with JetBlue Airways.
-
Airline BusinessLufthansa boosted by steadying yields but German mainline challenge persists
After a challenging first half of the year in which it has twice lowered profit expectations, Lufthansa Group was able to point to a brighter prognosis on yields as it is confirmed its full-year outlook following its third quarter results today.
-
Airline BusinessLatin leaders on why region’s airlines should be telling a better story
Latin American Airlines need to tell a better story so that the region’s governments will be more amenable to creating policies that would make it easier for the carriers to operate, and for their populations to benefit from air travel.
-
Airline BusinessBahamasair chief Cooper has Caribbean hub ambitions
As host of the 20th ALTA AGM and Airline Leaders Forum this week, Bahamasair has itself a lot to celebrate. Founded in 1973, the same year the commonwealth of the Bahamas won independence from the UK, the carrier currently operates four Boeing 737NG aircraft and six ATR turboprops. The airline ...
-
Airline BusinessALTA chief highlights Caribbean potential as he insists airlines are not ‘cash cows’
As the airline association gathers in Nassau, its chief executive Jose Ricardo Botelho outlines untapped opportunities in the event’s host region and concerns about Latin American government attitudes towards aviation
-
Airline BusinessWeek 44 2024: Chinese carriers report, Spirit's new Frontier and Boeing woes
The coming week is a bumper one in the third-quarter earnings season, with carriers around the world set to report.
-
Airline BusinessAirline news digest: 19-25 October 2024
Our regular rundown of the biggest airline stories from the past seven days
-
Airline BusinessIndiGo chief points to GTF peak and 2030 progress after first loss in two years
Two years into his tenure at IndiGo and Pieter Elbers is back where he started, describing a loss-making fiscal second quarter for the Indian low-cost carrier.
-
Airline BusinessNorwegian learning to take the rough with the smooth
Norwegian’s latest earnings reflect a year in which cost pressures and growth constraints are continuing to counterbalance a largely positive demand picture.