Europe – Page 10
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Airline BusinessEuropean carriers hunker down for tough times from coronavirus outbreak
Any doubts as to whether the impact of the coronavirus outbreak would spread beyond Asia to European airlines has been answered by a slew of cost-savings measures, capacity cuts and warnings of potential earnings hits in the past few days.
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Airline BusinessHeathrow ruling suggests new legal front in airline sustainability battle
The UK appeal court’s ruling that plans for a third runway at London Heathrow airport are unlawful on climate grounds is in line with intensifying pressure on a commercial aviation industry that had been enjoying years on largely unconstrained growth.
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Airline BusinessTourism key as Turkish carriers target growth return in 2020
A mixed picture in which tourism grew strongly but domestic traffic was sharply down lay behind the first year in a decade in which annual passenger numbers fell at Turkey’s two biggest carriers in 2019.
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Airline BusinessNorwegian counts costs of 737 Max and Trent 1000 disruptions
Norwegian estimates that disruption from the Boeing 737 Max grounding and ongoing issues with the Rolls-Royce Trent engines on its 787 fleet have led to a combined NKr1.7 billion ($183 million) net loss for 2019.
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Airline BusinessHow low-cost carriers have capitalised on Italian airline failures
No European country’s carriers have struggled to secure or retain a leading presence in their own market more than Italian operators, as the collapse of Air Italy further illustrates.
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Airline BusinessWhy did Air Italy fail?
Air Italy’s collapse on 11 February reflects its inability to overcome a number of challenges in an Italian market that continues to be as tantalising for new entrants as it is punishingly tough on them.
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Airline BusinessRyanair heads European traffic as airlines slow pace in 2019
Strong growth at its new Austrian unit Lauda helped low-cost carrier Ryanair reclaim its position as the biggest European airline group by passenger number in 2019, though overall growth among leading carriers in the region lagged previous years.
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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 BusinessNorth American airline profits seen strengthening in 2019
IATA sees all regions except North American carriers making less profits in 2019 than it expected six months ago, but by contrast expects all these other regions to improve their performance next year.
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Airline BusinessDo high-profile failures tell the airline story of 2019?
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 BusinessClimate tightens in third quarter for European airlines
Third quarter results and commentary from Europe’s major airline groups illustrate the tighter markets in which they are operating in as softer yields and the sharp decline in air cargo demand curb profits for airlines in the region.
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Airline BusinessThe logic of IAG's swoop for Air Europa
IAG’s move to acquire Spanish leisure operator Air Europa for €1 billion ($1.1 billion) is billed as an attempt to bolster Madrid’s status as a major European hub.
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Airline BusinessWhich markets has the fall of Thomas Cook impacted
September’s collapse of Thomas Cook Group in the UK provides a further competitive shift in the crowded dynamic on key European leisure markets.
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Airline BusinessAirline chiefs debate Heathrow slot rules and CO2 goals
UK aviation policy and the environmental impact of air travel were under the microscope at the high-level, wide-ranging Airlines 2050 event held in London on 17 October.
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Airline BusinessAirlines still feeling heat in European leisure market
The collapse of Thomas Cook, XL Airways France and Aigle Azur in the space of a month marks a further reminder of the pressures faced by European carriers operating in the leisure market.
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Airline Business
ANALYSIS: Norwegian's race to reach profitability
Few airlines have expanded as quickly as Norwegian. In the 10 years years to 2018, it quadrupled its fleet size to more than 160 aircraft as it focused on growth above all else.
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Airline BusinessChallenges check airline capacity growth
After several years of above-average growth rates, airlines have tempered their expansion this summer. While that is evident across the industry as a whole, there are several notable hot-spots where players have reined in their activity
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Airline BusinessAir cargo woes endure amid US-China spat
There are few signs that the air freight market will find any relief from the tough market conditions seen so far in 2019, as the trade spat between the USA and China, and a slowing global economy, dent demand.
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Airline BusinessSluggish progress on gender mix in airline C-suites
It could be the mid-2050s before there is an equal split between female and male incumbents in senior executive positions at airlines, according to FlightGlobal’s latest annual survey of the world’s biggest passenger operators.