All Airlines articles – Page 15
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News
Lufthansa names Amadeus CFO as new group finance chief
Lufthansa Group has named Till Streichert, chief financial officer of technology firm Amadeus, as its new finance head in succession to Remco Steenbergen.
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News
Former Southwest sales chief joins Wheels Up as chief commercial officer
Former Southwest Airlines executive Dave Harvey will become US charter aircraft provider Wheels Up’s chief commercial officer starting 20 May, an appointment coming as the company continues a broad restructuring.
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Airline Business
US airline industry ‘evermore rigged game’ favouring major carriers: Spirit Airlines CEO
Now at liberty to talk freely about the defunct deal with JetBlue, Spirit Airlines’ chief executive Ted Christie alleges that the US airline system is “rigged” against smaller carriers.
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News
US government approves Frontier to use new trade name ‘Frontera’
US discount carrier Frontier Airlines has received approval to use the new trade name “Frontera” for at least some of its operations, though details about the plans remain unclear.
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News
Spirit lost $143m in first quarter as airline pursues cost and capacity cuts
Spirit Airlines lost $143 million in the first quarter of 2024 amid heightened competitive pressures and other factors that have prompted the airline to shrink its operation and to seek out cost savings.
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Airline Business
Week 19 2024: Talking points as Korean carriers and Cebu Pacific release earnings
The earnings season continues to have an international flavour this week
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News
Qantas hit with civil penalty for ‘egregious’ ticket sales for ‘phantom’ flights
Australia’s consumer and competition watchdog has hit Qantas Airways with a A$100 million ($66.2 million) civil penalty for advertising and selling tickets on flights that it had decided to cancel.
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News
Alaska receives $61m Boeing credit for Max 9 grounding
US carrier Alaska Airlines has received an additional $61 million in credits from Boeing as compensation for the mid-flight blow-out of a door plug on Alaska flight 1282 and subsequent grounding of its 737 Max 9s
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News
LATAM Airlines Group first-quarter profit reaches $258m
LATAM Airlines Group reported a first-quarter profit of $258 million, a record for the period, profiting of ongoing strong demand during Latin America’s high travel season.
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Airline Business
Why IndiGo believes time is right for widebody move with A350 order
IndiGo’s recently announced firm order for 30 Airbus A350-900s and 70 options marks the latest headline-grabbing move from an airline that is keen to make use of its unusually solid foundations in India’s often unforgiving airline market.
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Airline Business
China factor continues to have big impact on airline industry recovery trends
IATA’s latest monthly data on passenger demand continues to show mostly double-digit year-on-year rises in traffic and capacity, reflecting an industry that still spent much of 2023 playing catch-up with pre-Covid levels, particularly in international markets.
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News
DHC-6 floatplane wing-strike inquiry wrestles with pilots’ contradictory testimonies
Investigators probing a Maldives water-landing accident which damaged a Viking Air DHC-6-300 floatplane have disclosed contradictory testimonies from the pilots over the application of power. The Trans Maldivian Airways turboprop had been approaching Vommuli aerodrome on 16 May last year, following a service from Sun Siyam Iru Veli. It conducted ...
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News
KL’s Subang airport could see jet operations by third quarter
Malaysia’s transport minister expects jet operations to resume at Kuala Lumpur’s Subang airport, possibly in the third quarter of 2024.
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News
Frontier expects capacity shift to pay off this spring
US ultra-low-cost carrier Frontier Airlines expects its new network strategy focused on overlooked markets with less competition from its rivals will start paying off soon.
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Airline Business
Rankings
Our latest ranking of the largest airlines and groups by both revenue and traffic in 2022, and the largest airports by passenger number in 2023. The airline rankings for 2023 will be released once all carriers/groups have reported results for the relevant period (ETA Q3 2024)
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News
Air Canada lost C$81m in first quarter as costs rose
Air Canada lost C$81 million ($59 million) in the first quarter of 2024 as higher costs related to increased capacity, and less cargo revenue, weighed on the company.
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News
IATA’s Walsh blasts Germany for ‘unhealthy obsession’ with aviation taxes
IATA has blasted the German government for a rise in aviation taxes that went into effect on 1 May.
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News
Smoke prompted emergency evacuation of departing Laser MD-82
Venezuelan authorities have disclosed that smoke emitted from the fuselage of a Laser Airlines Boeing MD-82 prompted an evacuation at the gate in Caracas. The twinjet had been preparing for departure to Santo Domingo, in the Dominican Republic, on 28 April. Venezuela’s national civil aeronautics institute INAC states that the ...
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Airline Business
Lufthansa takes actions as it counts cost of strikes and new pay deals
While Lufthansa Group put much of the focus on strike disruption for the trebling of first quarter losses and a reduced profit outlook for the year, it is almost mindful of the cost implications related to the new pay deals it took to end the disputes.
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Airline Business
Air France-KLM looks past tricky first quarter towards ‘promising’ summer
Air France-KLM’s latest earnings release essentially left the group in a holding pattern for the coming year in financial terms, with executives expecting better times in the subsequent nine months after tricky operating conditions and one-off costs dented its early 2024 performance.