All articles by Graham Dunn – Page 28
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NewsTurkish Airlines preparing but in no rush to spin out Anadolu Jet
Turkish Airlines is continuing work on establishing its low-cost unit Anadolu Jet as a standalone operation, though has set no firm plans on a possible IPO for the carrier.
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NewsAircraft delivery issues ‘no significant bottleneck’ for 2023 plan: Turkish Airlines
Turkish Airlines believes it is well-placed to ride out any aircraft delivery issues this year as it aims to boost capacity by up to 20% in 2023.
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NewsVirgin Atlantic formally joins SkyTeam
Virgin Altantic has formally entered SkyTeam today, joining transatlantic joint venture partners Delta Air Lines, Air France and KLM in the global alliance.
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NewsLufthansa Group to take first A350-1000s as part of 22-strong widebody order
Lufthansa Group is ordering 15 more Airbus A350s, including its first -1000s, and seven additional Boeing 787s for delivery from the middle of this decade.
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NewsLufthansa extends Spohr’s contract for five more years
Lufthansa Group has extended the contract of chief executive Carsten Spohr for another five years, alongside that of chief financial officer Remco Steenbergen.
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NewsTurkish Airlines doubles revenues and operating profits in 2022
Turkish Airlines almost doubled revenues and operating profits last year as a sharp return in passenger demand helped it to record profitability
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Airline BusinessLufthansa banks on seating options with €2.5bn long-haul product upgrade
German carrier Lufthansa will equip more than 80 new widebodies and retrofit other aircraft as part of a €2.5 billion ($2.6 billion) long-haul product revamp revealed in Berlin today.
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NewsCarlyle takes stake in SpiceJet after debt-for-equity swap deal
SpiceJet has agreed a debt-for-equity deal with Carlyle Aviation Group under which the aircraft lessor will take a stake in the Indian low-cost carrier and cargo unit SpiceXpress and Logsitics.
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NewsState funds to tackle historic debts as SAA covering operating costs
South African Airways (SAA) has flagged that it is now covering its operating costs after the country’s finance ministry set aside R1 billion ($55 million) to deal with a portion of its historic debts.
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Airline BusinessSchiphol measures illustrate Europe not past operational worries yet
Amsterdam’s Schiphol airport operator sought no hiding place when it termed 2022 a “poor year” in last week disclosing an operating loss €77 million ($82 million).
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NewsBritish Airways chief upbeat on summer as recruitment drive set to tail off
British Airways chief executive Sean Doyle believes the UK carrier will have sufficient staff to meet demand this summer in contrast to the challenges the industry faced ramping up a year ago.
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NewsIAG chief expects Spanish acquisition, with greater market ‘certainty’ supporting Air Europa deal
IAG group chief executive Luis Gallego sees “more certainty” in the market as providing greater hope that it can complete a deal for Air Europa after a previous acquisition attempt collapsed in late 2021.
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NewsSpanish carriers lead IAG profit return in 2022
All four of IAG’s major airlines returned to the black in 2022, a year in which its Spanish carriers Iberia and Vueling came closest to matching pre-pandemic operating profitability.
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NewsIAG agrees deal to acquire full control of Air Europa
Iberia parent IAG has agreed a deal with Air Europa owner Globalia to acquire the remaining 80% of the Spanish carrier in a transaction it expects to take 18 months to clear regulatory approvals.
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NewsLufthansa shuffles management as commercial chief takes group role
German carrier Lufthansa has named Heiko Reitz as it new chief commercial officer, with incumbent Stefan Kreuzpainter taking up a Lufthansa Group role with responsibility for network alliance and partner management.
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Airline BusinessAtlanta heads the pack as US airports lead traffic growth in 2022
Atlanta Hartsfield airport handled just under 94 million passengers last year, still short of pre-pandemic highs but enough to see it retain its crown as the busiest airport in the world.
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NewsITA debuts third new Airbus type inside a year
ITA Airways has launched scheduled flights with its first Airbus A320neo aircraft, the third new type the Italian carrier has debuted within the last year.
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NewsHans Airways' start-up struggles persist as AOC delays hit launch hopes
UK start-up Hans Airways is set to relinquish its only aircraft, an Airbus A330-200, and open talks with potential new investors after delays in securing its air operator’s certificate.
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NewsFlyArystan growth helps Air Astana to profits high in 2022
Kazakhstan’s Air Astana posted its highest after-tax profit of $78.4 million in 2022 on record passenger and revenue figures.
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NewsSchiphol slips to loss as operational challenges plague 2022
Amsterdam Schiphol airport’s operator made a loss of €77 million ($82 million) last year, after incurring an extra €120 million in costs as it struggled to keep pace with recovering traffic demand amid ongoing labour shortages.