All articles by Graham Dunn – Page 30
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NewsWizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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NewsEasyJet expects to beat full-year profit expectations after cutting Q1 losses
EasyJet expects to beat current market expectations for full-year profits after narrowing losses in a stronger than expected first quarter of its financial year.
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NewsAir India merger partner Vistara posts first quarterly profit
Vistara recorded a net profit before currency costs for the three months ending December, the first time the Indian carrier, a joint venture between Tata Sons and Singapore Airlines, has posted a profitable quarter since it began operations in 2015.
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NewsSwansea airport eyes scheduled services return with Exeter link
Plans are under way to launch flights this summer from Swansea airport to Exeter, restoring scheduled operations at the Welsh airport for this first time since Air Wales stopped flying from there almost two decades ago.
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NewsKenya Airways turnaround plan aims to end state support by end of 2023
Kenya’s government is aiming to end the requirement for further state financial support for Kenya Airways by the end of the year under a turnaround plan being implemented.
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NewsSchiphol airport to lift temporary departure caps for summer season
Amsterdam Schiphol airport’s operator will from the start of the summer season lift restrictions on the number of departing passengers which have been in place amid continued operational challenges following the sharp jump in travel demand last summer.
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NewsLufthansa submits bid for ITA Airways as it seeks exclusive talks
Lufthansa has submitted an offer for ITA Airways under which it aims to secure a deal to initially acquire a minority stake in the Italian carrier with an option to take full ownership at a later date.
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NewsDelta orders a dozen more Airbus A220s
Delta Air Lines has exercised options on 12 more Airbus A220-300s for delivery in 2026 and 2027.
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NewsAir Serbia follows return to profit with Qatar Airways codeshare
Air Serbia will next month begin codesharing with Gulf carrier Qatar Airways, building on an existing interline agreement.
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NewsKenya Airways sees aircraft availability improving amid spare parts pressures
Kenya Airways is reporting some progress in its aircraft availability after recently flagging the risk of service disruptions resulting from supply chain-related maintenance delays.
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Airline BusinessIstanbul heads European airports in 2022 passenger numbers
Istanbul airport handled 64.5 million passengers in 2022, making it the busiest in Europe last year, while airports elsewhere in the region have reported doubling or tripling of passenger figures.
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NewsGovernment sale concerns put Mango rescue deal at risk
Administrators at grounded South African budget carrier Mango Airlines have warned that a deal to secure new investors may have to be abandoned after concerns raised by the national government.
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NewsEthiopian to restore full China capacity from start of March
Ethiopian Airlines will next month lift capacity on its China flights and restore frequencies to pre-pandemic levels from the start of March following the recent easing of Covid travel restrictions in the Asian country.
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NewsKenya Airways warns flights could be cut if MRO supply chain woes persist
Kenya Airways has warned it may have to temporarily cut some frequencies if supply chain challenges continue to delay the return of its aircraft from scheduled maintenance.
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Airline BusinessMarket response shows China travel return will not be straightforward
China’s imminent lifting of the requirement for arriving passengers to quarantine may remove the biggest remaining outlier in terms of Covid travel restrictions, but the muted response from international governments and airlines is a reminder that a return to normality will not be immediate.
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NewsHop chief lands at Transavia France as Stubler takes group decarbonisation role
Transavia France chief executive Nathalie Stubler is take a up a new role as special advisor for Air France-KLM ’s decarbonisation strategy and will be succeeded at the leisure unit by the current head of Air France regional carrier Hop.
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NewsITA to debut Airbus A320neo from end of January
ITA Airways expects to debut Airbus A320neo on flights from the end of January after the painting was completed of the Italian carrier’s first of the type.
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NewsRyanair raises profits outlook after strong holiday period
Irish low-cost carrier Ryanair has lifted its full-year profit guidance to a range of €1.325 billion to1.425 billion ($1.4 billion to $1.5 billion) before exceptionals after reporting a strong expected holiday period.
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NewsKenya Airways share suspension extended as restructuring continues
Kenya’s Capital Markets Authority has granted a year-long suspension of share trading in Kenya Airways to give the SkyTeam carrier more time to complete its restructuring.
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NewsRyanair passengers up 5% against 2019 during calendar year
European budget carrier Ryanair carried over 160 million passengers in the 2022 calendar year, 5% more than it flew during the same period in pre-pandemic 2019.