All Airlines articles – Page 79
-
Airline BusinessWeek 19 2024: Talking points as Korean carriers and Cebu Pacific release earnings
The earnings season continues to have an international flavour this week
-
NewsQantas 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.
-
NewsAlaska 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
-
NewsLATAM 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.
-
Airline BusinessWhy 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.
-
Airline BusinessChina 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.
-
NewsDHC-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 ...
-
NewsKL’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.
-
NewsFrontier 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.
-
NewsAir 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.
-
NewsIATA’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.
-
NewsSmoke 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 ...
-
Airline BusinessLufthansa 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.
-
Airline BusinessAir 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.
-
Airline BusinessMarch air cargo volumes up 10%: IATA
Positive momentum for air cargo demand continued in March as it became the fourth consecutive month of double-digit year-on-year growth
-
NewsLufthansa sees revised capacity outlook in line with risk of delivery delays
Lufthansa Group believes it has already factored in the impact of aircraft delivery delays this year after scaling back its capacity growth aspirations.
-
NewsAvianca turns first-quarter profit as passenger revenue rises and cargo sags
Colombia’s Avianca reported a $13 million profit in the first quarter, reversing last year’s $12 million loss for the first three months of the year.
-
NewsSpohr hopeful of ITA acquisition approval this summer
Lufthansa Group chief executive Carsten Spohr is optimistic it can secure approval for its planned acquisition of Italian carrier ITA Airways this summer amid what he describes as “constructive” talks with European competition regulators.
-
NewsGrounded Bonza appoints administrators
Australian budget carrier Bonza has entered voluntary administration after suspending flights earlier on 30 April.
-
NewsSwiss first-quarter profit slips as yields decline and costs rise
Swiss International Air Lines cites lower yields, a weaker cargo business, inflation and higher fuel and personnel costs contributed to lower profit for the first quarter of 2024.