All Airlines articles – Page 64
-
Airline BusinessWhy Lufthansa Airlines is suffering more than other airlines in the group
On the one hand, the narrative accompanying Lufthansa Group’s second quarter results today is in line with that given by other airlines to report during the April-June period.
-
NewsSpohr still optimistic of completing ITA deal in fourth quarter
Lufthansa Group chief executive Carsten Spohr is still targeting completing its deal to acquire a stake in Italian carrier ITA Airways before year-end.
-
NewsLufthansa challenges weigh down wider group as profits fall 37% in second quarter
Lufthansa Group adjusted earnings before interest and taxes (EBIT) fell 37% in the second quarter to €686 million ($742 million) despite revenues passing €10 billion for the first time, as challenges at its German operations in particular took a toll.
-
NewsJetBlue defers delivery of 44 A321neos
JetBlue Airways has delayed to 2030 and beyond deliveries from Airbus of 44 new A321neos, meaning the airline does not anticipate receiving any of the type from Airbus between 2026 and 2029.
-
Airline BusinessJetBlue reveals broad strokes of ‘JetForward’ turnaround plan
JetBlue Airways has a name for the transformation plan it has teased since dropping plans to merge with Spirit Airlines in March: “JetForward.”
-
Airline BusinessSpirit Airlines rolls out new fare bundles and blocked seats in up-market bid
Spirit Airlines has revealed several changes aimed at shifting its product up-market, revealing plans to create dedicated check-in lines for higher-paying customers and to sell new bundled fares targeted at travellers willing to pay more for a better experience.
-
NewsRex enters administration as it grounds 737 operations
Struggling Australian carrier Regional Express (Rex) has entered administration and confirmed the grounding of its Boeing 737 operations.
-
NewsUS DOJ extends Alaska-Hawaiian antitrust review
The US Department of Justice (DOJ) is taking another 10 days to review Alaska Air Group’s proposed acquisition of Hawaiian Holdings, with the airlines now agreeing not to close their planned deal before the period ends on 15 August.
-
Airline BusinessWhat does ANZ dropping sustainability target say about airline net-zero effort?
Air New Zealand’s announcement that it has abandoned a 2030 carbon-intensity target is noteworthy from an airline that is considered among the most proactive in the sustainability sphere
-
NewsRex suspends bookings on big domestic routes as Australian PM weighs in
Australian carrier Regional Express (Rex Airlines) has stopped taking bookings for flights on domestic routes between major cities.
-
Airline BusinessSlow business at Farnborough reflects industry taking stock
Perhaps given the glut of aircraft deals and continued challenges facing the manufacturing industry since the pandemic it should not have been a surprise that this year’s Farnborough air show was a quiet one for order activity and news from commercial airframers
-
NewsTrading in shares of Australian regional carrier Rex suspended pending announcement
Trading in shares of Australian carrier Regional Express (Rex Airlines) has been paused amid recent boardroom turmoil and reports a restructuring team has been put in place.
-
Airline BusinessWeek 31 2024: Airline industry downturn or individual blips?
This week will see a global set of airlines release their second-quarter financials, bringing more commentary on what has so far been a fascinating earnings season.
-
NewsAsia-Pacific airlines see strong international passenger, cargo traffic in June
Airlines in the Asia-Pacific are enjoying strong summer international travel demand, while also getting a cargo boost from e-commerce activity and security issues affecting Red Sea shipping.
-
Airline BusinessAirline news digest: 20-26 July 2024
Our regular rundown of the biggest airline stories from the past seven days
-
Airline BusinessIsom 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.
-
Airline BusinessFour 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.
-
Airline BusinessTiming 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.
-
Airline BusinessAir 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.
-
NewsAmerican cuts full-year outlook as second quarter profits halve
American Airlines lowered its full-year profits outlook after disclosing second quarter net profit almost halved to $717 million from the same period a year earlier.