Analysis – Page 17
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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.
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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
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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
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Airline BusinessAirline news digest: 26 October - 1 November
Our regular rundown of the biggest airline stories from the past seven days
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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.
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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.
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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.
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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.
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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.
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Airline BusinessAirline news digest: 19-25 October 2024
Our regular rundown of the biggest airline stories from the past seven days
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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.
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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.
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Airline BusinessAmerican turns course to focus on higher-yielding managed and corporate travel
American Airlines has begun to shift its distribution and sales strategy back to agencies and corporate buyers with the hope of boosting revenue earned from business travellers, after losing market share to industry peers.
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Airline BusinessUpbeat Icelandair seeing end of ‘irrational’ capacity as inbound recovers
Icelandair Group expects its profitability to improve in the final quarter of 2024 and into 2025 as its business transformation, a more ‘rational’ capacity situation and the return of inbound travellers boost fortunes
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Airline BusinessVolaris weathers Pratt GTF storm and expects continuity from new Mexican president
Mexican ultra low-cost carrier Volaris is digging itself out of a hole caused by Pratt & Whitney’s geared turbofan engine recall, shifting capacity into US markets, and expecting stability and continuation in aviation policy from the country’s new president
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Airline BusinessListen to the latest episode of the Airline Business Podcast
Hear Graham and Lewis’s thoughts on key issues in the global airline industry by listening to the Airline Business Podcast.
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Airline BusinessAirline news digest: 12-18 October 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessAirline growth aspirations still crimped by ongoing OEM supply challenges
Ryanair group chief executive Michael O’Leary’s admission that the budget carrier will probably have to lower its passenger growth expectations next year marks a further and all too familiar sign of the impact the ongoing OEM challenges are having on airline aspirations.
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Airline BusinessUnited focuses on Boeing’s long-term stability over immediate delivery delays
CEO Scott Kirby is encouraged by what he sees as a culture shift already underway at the US aircraft manufacturer.
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Airline BusinessBrazilian carriers grapple with year of challenges
Currency pain and airport closure adds to Brazilian carrier challenges as Azul strives to avoid following Gol into formal financial restructuring