All articles by Graham Dunn – Page 33
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NewsIATA chief sees balanced load factors as sign of sustainable recovery
IATA director general Willie Walsh believes load factors in the highly profitable third quarter for airlines illustrate capacity has been well-matched to demand and provides reason for optimism that recent profitability is sustainable even with economic headwinds ahead.
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NewsHeathrow connectivity trumps Gatwick return for Virgin Atlantic chief
While Virgin Atlantic chief executive Shai Weiss continues to hit out at charges and capacity planning at London Heathrow airport, the efficiencies and better connectivity the hub provides means a return to London Gatwick is not on the cards.
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NewsStart-up Fly Atlantic plots transatlantic flights from Belfast
Start-up carrier Fly Atlantic has outlined ambitions to launch a string of transatlantic routes out of Belfast International airport from the summer of 2024 and is evaluating Airbus and Boeing narrowbodies for the operation.
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NewsFormer Ryanair marketing chief Jacobs to head Dublin airport
Former Ryanair marketing head Kenny Jacobs has been named as the new chief executive of DAA, the operator of Dublin and Cork airports.
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Airline BusinessStalling steps for European airline consolidation
While several European carriers are seeking – or being touted as – potential acquisition or partnership targets, at present firm progress is still to emerge.
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NewsRomanian state set to take controlling stake in grounded Blue Air
Romania’s government is set to take a 75% controlling stake in grounded low-cost carrier Blue Air after opting to enforce a guarantee related to owed state-aid granted during the pandemic.
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NewsAir Serbia to launch Chicago flights in 2023
Air Serbia is to begin flights to Chicago next May, marking the airline’s second US destination.
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NewsVirgin Atlantic to add Maldives and Turks & Caicos routes next winter
UK carrier Virgin Atlantic is to add flights to the Maldives and the Turks and Caicos islands next winter from London Heathrow.
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NewsBritish Airways to start Cincinnati flights in 2023
British Airways plans to launch flights from London Heathrow to Cincinnati (Ohio) next summer, part of its ongoing US expansion.
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NewsItaly names new head of streamlined ITA Airways board
Italy’s finance ministry has named Antonino Turicchi as the new president of national carrier ITA Airways after a shareholders meeting today.
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NewsAzul signs for three more A330neos
Brazilian carrier Azul has ordered a further three Rolls-Royce Trent 7000-powered Airbus A330neos taking its fleet of the widebody twin to eight.
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NewsAir France-KLM to launch €300m offering to further repay state aid
Air France-KLM is to launch a new €300 million ($311 million) offering in a further step to accelerate the repayment of French state aid it received in response to the the Covid crisis.
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NewsUK start-up Hans Airways secures fresh financing in push for AOC
UK start-up Hans Airways has completed a new round of financing which it says satisfies the UK Civil Aviation Authority’s requirements for it to secure an air operator certicate (AOC).
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NewsUK regulator flags competition concerns over Asiana-Korean Air merger
UK competition regulators have given merging carriers Asiana Airlines and Korean Air until 21 November to submit proposals to address concerns it has raised around the impact of their tie-up on the London-Seoul route.
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NewsAegean Q3 profit and revenue top 2019 levels
Greek carrier Aegean Airlines posted revenue and profits above pre-crisis levels during a strong third quarter in which capacity was almost fully restored.
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NewsStruggling Flyr aims to raise NKr700m through revised financing plan
Norwegian carrier Flyr is hoping to raise NKr700 million ($68 million) through a newly launched capital raise after a previous planned private placement was under-subscribed
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Airline BusinessLatin carriers re-emerge from crisis but with fresh uncertainties ahead
Passenger numbers are back to pre-pandemic levels in Latin America and financial restructurings are completed. Now attention is turning to consolidation and partnership to help airlines in the region better weather challenges ahead, be they familiar local issues like high taxes and inflation, or the fresh global economic headwinds.
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NewsAzerbaijan’s Silk Way West signs for two Boeing 777-8 Freighters
Azerbaijani cargo carrier Silk Way West Airlines has placed an order for two Boeing 777-8 Freighters and taken options on two more of the type.
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NewsSkymark set to commit to a dozen Boeing 737 Max jets
Japanese carrier Skymark Airlines has outlined plans to bring in a dozen Boeing 737 Max jets, including four ordered directly from the manufacturer.
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NewsEmirates and Gulf Air firm codeshare plan
Middle Eastern carriers Emirates and Gulf Air are set to launch their codeshare next month after formalising the agreement during the Bahrain air show today.