All articles by Graham Dunn – Page 13
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NewsAirlink looks to standardise configurations after rapid Embraer fleet growth
South African regional carrier Airlink will focus on standardising configurations within its Embraer regional jet fleet after a period of rapid growth since starting operations under its own brand three and a half years ago.
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NewsPegasus Airlines’ full-year operating profit slips in 2023
Turkish low-cost carrier Pegasus Airlines posted a full-year operating profit of €489 million ($530 million) in 2023, down around €100 million on the previous year.
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Airline BusinessUpbeat IAG strikes positive note as BA and Iberia head growth in 2024
After delivering one of the highest operating profits in its history, European airline group IAG offered little by way of firm guidance for the year to come but was in positive mood in its commentary.
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NewsRyanair cuts traffic target as will get only 40 of 57 planned Max deliveries by June
Irish low-cost giant Ryanair has scaled back passenger number ambitions for its coming financial year to just under 200 million after confirming it now expects to take delivery of only 40 of the 57 Boeing 737 Max jets it was due to take by June.
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NewsIAG chief still optimistic over Air Europa deal
IAG chief executive Luis Gallego remains optimistic that the group can secure approval for its long-running attempt to acquire Spanish carrier Air Europa after putting forward further remedies to address European regulator competition concerns over the planned acquisition.
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NewsVueling chief executive to head Iberia
IAG has named Vueling chief executive Marco Sansavini as the new head of Spanish flag carrier Iberia.
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NewsIAG almost trebles operating profit in 2023
British Airways and Iberia parent IAG nearly trebled full-year operating profits in 2023 to just over €3.5 billion ($3.8 billion) after lifting revenue 28% during the year.
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NewsFinance chief Steenbergen to leave as Lufthansa Group restructures management
Lufthansa Group chief financial officer Remco Steenbergen is to leave the European airline group as part of series of executive changes which also include the appointment for former Airbus and Rolls-Royce executive Grazia Vittadini as its new technology chief.
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Airline BusinessCan recovering Asia-Pacific market fulfil wider potential?
After the pandemic-interrupted 2020 and 2022 Singapore air shows, this week’s event served as a reminder of not just how far the industry has come but of the potential still to unlock within the Asia-Pacific region.
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NewsAir New Zealand braced for delay in entry of first of new 787s
Air New Zealand no longer expects to receive its first two from a batch of eight new Boeing 787-10s before June 2025.
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NewsAir New Zealand sees headwinds hitting profits in second half
Air New Zealand posted a reduced pre-tax profit of NZ$185 million ($114 million)for the first six months of its financial year and has reiterated a warning that its performance will be “markedly lower” than that in the second half ending June 2024.
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Airline BusinessNew product enhancements lead Qantas charm offensive as first half profits slip
While underlying pre-tax profits fell 13% in the first half of its financial year, the more pressing challenges facing Qantas have less to do with its fiscal performance and more with improving its public image.
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NewsAircraft supplier delays push Qantas ‘Project Sunrise’ launch back six months
Aircraft delivery delays have forced Qantas to push back by six months plans to launch ultra-long-haul flights from Australia’s east coast to New York and London.
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NewsThai Airways to lease 17 aircraft from AerCap as part of fleet renewal plan
Thai Airways International has sealed leases with lessor AerCap for 17 aircraft, including Airbus A350s, A321neos and Boeing 787s in relation to its recently outlined fleet plan.
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NewsChinese lessor CALC signs for Leap engines on more A320neos
Lessor China Aircraft Leasing Group (CALC) has picked CFM International Leap-1A engines to power a batch of 20 Airbus A320neo-family jets.
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NewsRoyal Brunei orders four more Dreamliners
Royal Brunei Airlines has ordered four more Boeing 787-9s as part of a widebody fleet renewal.
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NewsAAPA chief upbeat on traffic recovery but wary of supply chain impact
Continued supply chain issues affecting the delivery of new aircraft and maintenance upkeep times for the existing fleet is one of the biggest potential risks to expected growth this year among Asia-Pacific airlines.
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NewsAtlanta retains biggest airport crown as passengers pass 100m mark again in 2023
Passenger numbers at Atlanta Hartsfield-Jackson International airport increased almost 12% in 2023 to reach 104.7 million, ensuring the Delta Air Lines hub will retain its position as the busiest airport in the world.
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Airline BusinessFinnair ‘has made it through the crisis’ after capping profit return with strong end to 2023
Finnair’s interim chief executive Jaakko Schildt believes the company has demonstrated that it has made it through the double crisis of the pandemic and impact from the closure Russian airspace after confirming the airline’s first full-year profit since 2019.
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Airline BusinessIceland’s Play looks to bolster equity after seismic disruption to profit plan
Icelandic budget carrier Play aims to strengthen its equity through a move onto Iceland’s main stock market as it seeks to build a financial buffer and fuel future growth after a tough end to 2023 as travel demand to Iceland dipped amid concerns around increased seismic activity.