All articles by Graham Dunn – Page 2
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News
Vueling 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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News
IAG 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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News
Finance 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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Newsletter
Can 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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News
Air 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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News
Air 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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Analysis
New 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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News
Aircraft 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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News
Thai 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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News
Chinese 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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News
Royal 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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News
AAPA 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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News
Atlanta 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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Analysis
Finnair ‘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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Analysis
Iceland’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.
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News
SAS chief looks to SkyTeam gains to outweigh ‘emotionally difficult’ Star Alliance exit
The chief executive of Scandinavian carrier SAS, Anko van der Werff, acknowledges that leaving Star Alliance – which it co-founded – is an emotionally difficult decision, but believes the potential for tighter co-operation with partners within SkyTeam provides greater opportunities.
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News
Air Astana valued at $847m ahead of stock market launch
Kazakh carrier Air Astana has finalised the share offer price for its forthcoming stock market listings, giving an implied company valuation of $847 million.
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Analysis
Lessors see room for consolidation but think big players will only get bigger
Executives from major aircraft lessors expect relatively limited merger and acquisition activity among leading players over the coming years, but organic growth and large order backlogs will help to further concentrate activity among the industry’s top tier.
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News
European regulators ‘welcome’ JetBlue’s summer Amsterdam access
European Commission regulators have welcomed JetBlue’s improved access to slots at Amsterdam Schiphol airport this summer, an issue it says it was ready to intervene over if the US carrier was unable to secure “appropriate access” to the Dutch hub.
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In depth
Lessor role grows as aircraft supply shortage persists
Strong order activity in recent years and continued constraints in aircraft supply mean leading aircraft lessors are likely to become even more prominent players in sourcing the airline global fleet