All Airline Business articles – Page 79
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Airline BusinessAmerican Airlines posts strong 2019, expects 737 Max in second half of 2020
American Airlines posted higher revenue and profit figures for the full year 2019 than a year earlier, as strong demand countered fallout from the Boeing 737 Max crisis.
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Airline BusinessFreighter conversions fall away sharply in 2019
Freighter conversions fell 33% in 2018, with declines in the widebody, narrowbody, and regional aircraft freighter segments. Cirium fleets data shows that 2019 saw 74 commercial aircraft converted to freighters, down from 110 in 2018. Source: Cirium fleets data Freighter conversions by year Widebody conversions halved ...
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Airline BusinessCoronavirus outbreak follows years of strong airline traffic growth at Wuhan airport
The Wuhan Coronavirus outbreak in China comes after years of strong traffic growth from Wuhan Tianhe International airport, which serves dozens of domestic and international destinations. Media reports about the outbreak indicate that reported cases have risen to over 440 with nine fatalities being recorded. The virus, which is in ...
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Airline BusinessPeter Ingram on leading Hawaiian Airlines amid fierce competition
Two years into his role, Ingram is skilfully guiding the company through an evolution that would test any leader: answering the fierce competition from the US mainland, executing a major joint venture, overseeing a transformational infrastructure project and plotting the carrier’s next geographic and fleet expansion.
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Airline BusinessWhich airline CEOs face the biggest challenges in 2020?
Our annual assessment of some of the airline chief executives from across the world who are facing the biggest challenges – and, in several cases, opportunities – over the next 12 months
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Airline BusinessChief executive Peter Ingram on leading Hawaiian Airlines
Two years into his role, Ingram is skilfully guiding the company through an evolution that would test any leader: answering the fierce competition from the US mainland, executing a major joint venture, overseeing a transformational infrastructure project and plotting the carrier’s next geographic and fleet expansion.
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Airline BusinessChaotic leadership is holding Garuda back
Garuda’s revolving door of leaders has proved detrimental to its long-term interests and must be addressed for the carrier to get back on track. Emblematic of deep-seated organisational issues, the worst blows Garuda suffered in 2019 were the misstatement of its 2018 financial results and the public dismissal of its ...
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Airline BusinessAirlines face series of challenges in first days of 2020
If airlines were hoping for a quiet start to 2020, several events at the turn of the year have served as a reminder that nothing should be taken for granted.
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Airline BusinessEasyJet to make Sharm el-Sheikh return
Low-cost carrier EasyJet’s move to resume flights to the Egyptian resort of Sharm el-Sheikh this summer marks a further UK operator return to what had been a key leisure destination.
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Airline BusinessClark and Walsh to leave formidable legacies at Emirates and IAG
The coming year will see the retirement of two huge names within the airline sector who have been at the heart of some of the global industry’s most significant developments: IAG’s Willie Walsh and Emirates Airline’s Tim Clark.
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Airline BusinessAsia-Pacific deliveries surge in final month of 2019
Asia-Pacific carriers received 86 of the new commercial aircraft delivered in December 2019, with the year’s last month again the biggest in terms of deliveries. European carriers followed with 30 deliveries, North American carriers with 28, and Middle Eastern carriers with 18, according to Cirium fleets data. Source: ...
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Airline BusinessHow the airline story unfolded across the last decade
A year-by-year view of some of the key images, stories and themes that helped shape development of the airline industry since 2010 and are setting the agenda as a new decade begins
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Airline BusinessDecade of mainline fleet evolution driven by growth and consolidation
Last year the aviation industry marked the centenary of international air travel. While much changed over those first 100 years, the most recent decade has seen some remarkable developments with unprecedented growth in commercial fleets driven by the expansion of the low-cost sector and the rise of new entrants. There have also been some interesting changes in the size and shape of the major airline groups, measured by fleet size.
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Airline BusinessRising costs may threaten US majors’ profit margins in 2020
Consumer confidence in the US economy and a declining unemployment rate drove demand for air travel in 2019. That was good news for the four major US carriers, but for three of them there was the question of whether they would have the aircraft to meet that rising demand.
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Airline BusinessHow the airline industry grew profitable over the decade
While IATA has downgraded its industry outlook for 2019, the airline sector as a whole still capped an unprecedented run of profits by completing a decade in the black.
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Airline BusinessTUI aviation chief on 737 Max and Thomas Cook
For the chief executive of aviation at European leisure group TUI, seeing competitor Thomas Cook exit the market earlier this year was a double-edged sword.
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Airline BusinessMichael O’Leary on tackling Ryanair’s biggest challenges
When Michael O’Leary stepped up to the group chief executive role at Ryanair, some people wondered whether it might signal a shift in leadership dynamic at the Irish low-cost carrier. But asked by FlightGlobal how much the move has changed his day-to-day life at the operator, the Irishman is typically outspoken in his response.
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Airline BusinessAirlines remain under pressure
Collective airline profits are likely to end 2019 still relatively high by the industry’s historical performance standards, if short of their more recent peaks. But several high-profile failures mean it feels like anything but a banner year for the sector.
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Airline BusinessQantas takes a long shot with Project Sunrise
On 14 November, Qantas made the second of three research flights – under the ambit of its ambitious Project Sunrise – by flying a brand-new Boeing 787-9 from London to Sydney direct, carrying only 50 passengers and crew
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Airline BusinessHong Kong Airlines’ woes offer hard lessons
Embattled Hong Kong Airlines may have been spared sanction, but the airline is still a far cry from the confident carrier of years’ past. What went wrong along the way, and what lessons hold for the Hong Kong airline market?