Europe – Page 2
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Airline BusinessHow is Wizz Air handling impact of Middle East war and GTF groundings?
Few airlines in Europe were more exposed to two of the industry’s biggest headwinds in the final three months of 2023 than Wizz Air.
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Airline BusinessAviation industry rallies behind SAF in decarbonisation push
The third ICAO Conference on Aviation and Alternative Fuels in Dubai gave a resounding signal that sustainable aviation fuel (SAF) is the big hope to decarbonise air transport.
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Airline BusinessSmith heralds Air France progress after catching up on profit with KLM
One of the most notable aspects of the improved financial performance Air France-KLM has enjoyed since the pandemic is the extent to which Air France is contributing to the group’s performance.
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Airline BusinessWalking away from Paris Orly would be ‘a lost opportunity’: Air France-KLM chief on Transavia plan
Air France-KLM chief executive Ben Smith believes the group’s strong slot position at Paris Orly makes for too good an opportunity to walk away from, as it puts its faith in low-cost unit Transavia to deliver a profitable operation from the airport.
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Airline BusinessWhy airline industry focus is on the margins of profitability
Confirmation from IATA that the airline industry will return to collective profitability this year and that passenger volumes will shortly surpass pre-Covid levels is an indication that the sector has finally normalised.
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Airline BusinessWalsh takes heart from united front in countering Schiphol capacity cuts
IATA director general Willie Walsh believes other governments will take note of the legal processes to follow after the Dutch government was forced to drop a plan to cut capacity at Amsterdam Schiphol airport amid mounting pressure. The Dutch government had last summer proposed cutting flight capacity at Schiphol – ...
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Airline BusinessLevel to get its own AOC as part of IAG Spanish expansion plans
IAG’s long-haul, low-cost carrier Level is to get its own air operator’s certificate (AOC) and will increase its fleet to eight aircraft by 2026 under growth plans disclosed at the airline group’s Capital Markets day on 21 November.
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Airline BusinessCan European airline group consolidation aims come to fruition?
Consolidation is very much in the air for the three big European airline groups, all of whom are in the process of trying to get acquisitions done and with the prospect of a move for TAP Air Portugal still in the offing.
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Airline BusinessWhy the airline industry’s net-zero effort is likely to push fares higher
More airline leaders are starting to openly acknowlege that the extra costs associated with the industry’s net-zero transition through to 2050 are almost guaranteed to increase in ticket prices for consumers and impact the pace of the sector’s growth.
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Airline BusinessAir France chief outlines €1bn SAF cost challenge
Air France would face an annual cost increase of around €1 billion if it were to reach 10% sustainable aviation fuel useage by 2030 at today’s prices, according to the carrier’s chief executive Anne Rigail.
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Airline BusinessTop 100 airline groups traffic rankings 2022
Passenger traffic among leading global carriers sharply recovered last year, outpacing the additional capacity they restored and helping load factors climb back above 80%. FlightGlobal’s analysis of the airline industry traffic performance in 2022 based on the top 100 airline groups by revenue passenger kilometre (RPKs).
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Airline BusinessEasyJet banks on basics in push for new profit heights
Aircraft upgauging, reducing winter losses and boosting profits from its holiday business are key parts to EasyJet’s plan to lift full-year pre-tax profitability to more than £1 billion annually
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Airline BusinessTop 100 airline group financial rankings 2022
Robust revenues as passenger markets reopened enabled many of the world’s leading airlines to restore profitability in 2022 – but the scars of the pandemic were still evident. FlightGlobal’s analysis of the airline industry financial performance in 2022 based on the top 100 airline groups by revenue.
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Airline BusinessEuropean consolidation wave spreads north with Air France-KLM move for SAS
Consolidation within Europe post-pandemic has largely focused on opportunities for the big three airline groups to bolster their presence in the south of the continent.
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Airline BusinessPegasus plots continued growth as it prepares to pass 100-aircraft milestone
Low-cost carrier Pegasus Airlines is about to take delivery of its 100th aircraft. The passing of the landmark is not only illustrative of how far it has come since launching scheduled services in 2005, but of the rapid growth seen in the Turkish market – both before and since the pandemic. Now the challenge it is to continue this expansion.
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Airline BusinessHow humility and trust helped Topi Manner lead Finnair out of a double-crisis
When Finnair chief executive Topi Manner makes his recently announced departure from the Oneworld carrier by March 2024, he will step away from the airline industry with a whole new appreciation of crisis management and business transformation.
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Airline BusinessStrong air travel recovery tainted by government capacity caps: IATA
IATA’s latest data for the peak northern hemisphere travel month of July reflects the industry’s continued strong recovery from the Covid-19 pandemic, but it came with a warning about the impacts of government moves to cap capacity at several airports.
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Airline BusinessStart-ups seek chance to find a niche in the market, despite challenges
The past couple of weeks have given ample reminder of both the opportunities and challenges when trying to enter the airline business. That is perhaps best illustrated by the faltering efforts to revive former UK leisure carrier Monarch Airlines. In mid-August a new iteration of the carrier emerged via a ...
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Airline BusinessAirline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessMore signs of airline markets ‘normalising’ as fares soften
While airline executives are not panicking about the outlook, there have been increasing indications of passenger market ‘normalisation’ spreading to more regions, as carriers report fares softening from the highs seen in 2022