All articles by Graham Dunn – Page 32
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NewsVirgin chief prepped for ‘subdued’ 2023 but no sign yet of bookings impact
Virgin Atlantic chief executive Shai Weiss is braced for a ”subdued” year in 2023 given global economic headwinds and recession in the UK, though he notes the airline has not yet seen these challenges filter through to forward bookings.
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NewsWestJet to add first Asia route with Calgary-Tokyo flights
Canadian carrier WestJet is to launch flights from Calgary to Tokyo Narita next summer, marking its first destination in Asia.
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NewsLufthansa takes first A380 out of storage
German carrier Lufthansa has today taken an Airbus A380 aircraft back out of storage for the first time since the pandemic.
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Airline BusinessAirline consolidation comes to the fore in Asia-Pacific
While a consolidation of its various airline interests has been in the works for Tata Sons ever since it acquired Air India in January, confirmation this week of plans to merge Vistara into an enlarged grouping illustrates the scope of ambition for the revamped carrier.
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NewsRapid pace of Ryanair traffic growth slows in November
Ryanair’s recent run of sharp traffic growth slowed a little in November as it carried 11.2 million passengers.
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NewsReopening Asia markets helped keep traffic on the rise in October
Strong passenger demand continued in October as fresh IATA figures show airline traffic running at almost three-quarters of pre-pandemic levels for the month.
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NewsIATA sees cargo demand under more pressure in October
Air freight capacity dipped below 2021 levels for the first time since April IATA figures released today show as economic headwinds continue to tighten cargo demand.
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NewsEmbraer flags undisclosed order for five E195-E2s
Embraer has secured a firm order from an undisclosed airline for five E195-E2 regional jets.
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NewsEasyJet chief sees consolidation through retrenchments not mergers
EasyJet chief executive Johan Lundgren believes consolidation in Europe is more likely to happen through legacy carrier retrenchments rather than merger and acquisition (M&A) activity, in part because of state support keeping failing carriers in operation.
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NewsEasyJet positions to meet summer restoration of capacity
UK budget carrier EasyJet is taking steps to ensure it and suppliers have sufficient labour to meet a further pick-up in demand, as it aims to return to pre-pandemic capacity levels next summer.
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NewsCapital A to divest airline units to AirAsia X as part of restructuring plan
Capital A has outlined plans to dispose of its airline interests to AirAsia X after seeking an extension from the Malaysian stock market to submit “a holistic regularisation” plan.
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NewsSingapore Airlines agrees deal on Vistara merger with Air India
Singapore Airlines is to take a 25% stake in an enlarged Air India group after agreeing a deal with partner Tata Sons under which it will merge joint-venture operation Vistara with the Indian carrier.
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NewsStrong summer quarter helps EasyJet cut full-year losses
Despite remaining in the red, EasyJet is pointing to a record earnings performance in the quarter ended 30 September, which helped to wipe £1 billion ($1.2 billion) off its full-year losses.
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NewsAir Baltic posts profitable third quarter
Latvian carrier Air Baltic posted net profit before exceptionals in the third quarter as it sees an improvement in its financial results.
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NewsLoganair chief eyes Heathrow opportunity
Scottish regional carrier Loganair’s chief executive Jonathan Hinkles believes a shift in thinking at Heathrow airport may help support development of regional connectivity at the London hub after securing permanent slots there. Loganair began flying the Isle of Man-Heathrow route in late 2021, using slots temporarily vacated at Heathrow during ...
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Airline BusinessIndustry seeks ‘more carrot’ if UK to rise to SAF challenge
While it is hardly unique to the UK for aviation industry leaders to be calling for the government to provide ”more carrot than stick” when it comes to sustainable aviation fuel (SAF) production, recent interventions are timely given the mandate for it to comprise at least 10% of its airlines’ fuel by 2030
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Airline BusinessAirline start-ups still see opportunities as Norwegian legacy lives on
Despite a largely chequered history of results, the airline industry has never been short of new entrants seeking to make their mark in the business.
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NewsIcelandair to launch Detroit flights next summer
Icelandair is to add a summer service to Detroit next year using Boeing 737 Max jets, picking up a route previously served by now defunct Icelandic rival Wow Air.
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NewsJet2 lifts full-year outlook after return to profit in first half
UK leisure carrier Jet2 outstripped pre-crisis profits for the six months ended 30 September, returning to the black on surging demand after markets reopened as Covid restrictions ended.
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NewsLufthansa partner on ITA bid MSC drops out of running
Swiss shipping firm MSC Group, which had been working with Lufthansa on a bid for ITA Aiways, has dropped its interest in taking part in the privatisation of the Italian national carrier.