All articles by Graham Dunn – Page 18
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NewsTurkish Airlines seals leases on 21 more aircraft
Turkish Airlines has struck deals to lease a further 20 narrowbodies and one widebody as it aims to secure capacity to meet its near-term growth ambitions.
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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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NewsAll Lufthansa airlines to be profitable for first time in 2023: Spohr
Improved performance across all its carriers means Lufthansa expects all its airline units to be profitable for the first time this year.
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NewsTurkish turns to lessors to meet short-term fleet requirements
Turkish Airlines is turning to the lessor market to ensure its growth plans remain on track amid delays in finalising its major fleet order and aircraft availability.
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NewsLufthansa sees no impact on 2024 capacity despite GTF issue grounding 20 aircraft each day
Lufthansa Group expects to ground 20 aircraft each day during 2024 because of continuing issues with Pratt & Whitney geared-turbofan (GTF) engines, but chief executive Carsten Spohr believes the mitigation measures it has in place mean capacity plans will not be impacted.
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NewsTurkish Airlines lifts Q3 profits by one quarter
Turkish Airlines’ profits climbed by around one quarter for the three months ended 30 September as improving passenger revenues outweighed a drop in cargo turnover during the period.
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NewsLufthansa sticks to full-year outlook after Q3 profits climb to €1.5bn
Lufthansa Group is sticking to its full-year profit expectations despite rising fuel costs, after posting a third quarter operating profit of €1.47 billion ($1.55 billion) on continued strong demand.
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NewsQatar Airways doubles first-half profit
Qatar Airways more than doubled net profits for the six months ended 30 September 2023, driven by increased yields and load factors.
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NewsLufthansa completes sale of remaining catering business
Lufthansa Group has finalised the sale to private equity firm Aurelius Group of the remaining part of LSG Group, completing the divestment of its catering business.
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NewsEtihad carries out first commercial flight from new Abu Dhabi terminal
Home carrier Etihad Airways has conducted the first commercial flight out of Abu Dhabi International airport’s long-awaited new Terminal A.
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NewsIAG positive on outlook but ‘mindful’ of geopolitical issues
While IAG gave relatively little away in terms of its full-year guidance after posting a strong set of third-quarter profits, this perhaps reflects confidence in the return of the fundamentals of the business more than a lack of visibility. IAG lifted operating profits 43% to €1.75 billion ($2.05 billion) in ...
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Airline BusinessWhy Latin American airline sector struggles to make money
While it is hardly unusual to hear airline leaders calling for lower taxes and better infrastructure, the frustrations voiced by Latin American airline leaders come against a backdrop where region-wide profitability remains elusive despite traffic and revenue highs.
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NewsIAG carriers top pre-Covid levels as group posts Q3 profit of €1.7bn
IAG posted a 43% jump in operating profits to €1.75 billion ($2.05 billion) for the third quarter on continued strong demand which drove passenger revenues up a fifth for the period.
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NewsAir France-KLM renews and deepens partnership with Gol
Air France-KLM and Brazilian carrier Gol have reached agreement to renew their existing co-operation for a further 10 years.
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NewsWalsh urges others to learn from Europe ‘mistakes’ on aviation environmental policies
IATA director general Willie Walsh is urging other regions not to repeat what he calls the mistakes policy-makers in Europe have made in tackling aviation’s impact on environment.
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NewsHigher fuel costs biggest impact on industry so far from Israel war: Walsh
IATA director general Willie Walsh sees airlines feeling the brunt of the impact so far from the armed conflict in Israel through higher fuel costs rather than a noticeable impact on bookings.
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NewsRegulator still awaiting aircraft details of new Mexicana operation
Mexico’s aviation regulator is still awaiting details of aircraft for the planned new state airline which will operate under the former Mexicana brand.
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NewsUnited sees Dreamliner order giving it control of fleet growth plan
United Airlines’ recent order for more Boeing 787-9s reflects the airline seeking to lock in its growth opportunity amid a backdrop of sliding aircraft deliveries.
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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 BusinessUnited banks on international gains amid fourth quarter headwinds
United Airlines executives struck a bullish tone about the strength of international markets, even if the disruption to its Tel Aviv services was a key contributor to a weaker fourth quarter outlook.