All articles by Graham Dunn – Page 34
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NewsLATAM cuts Q3 losses as revenues almost back to pre-pandemic levels
LATAM Airlines Group revenues moved to within 3% of pre-crisis levels in the third quarter as it posted an adjusted operating profit of $63 million for the period.
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Airline BusinessHow airline transatlantic capacity has returned, a year since US borders reopened
The reopening of few markets from Covid border restrictions was so eagerly awaited and hard campaigned for as routes across the transatlantic.
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NewsVirgin to support Heathrow on capacity peaks but cancelling flights ‘not an option’
Virgin Atlantic is hopeful “lessons have been learned” to avoid a repeat of this spring’s operational challenges at London Heathrow airport next summer.
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NewsVirgin Atlantic sees growth path ahead after debuting A330neo
Virgin Atlantic expects to be operating five more aircraft in summer 2023 than it did this year after launching services with its first Airbus A330neo.
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NewsLufthansa reaches pay deal with cabin crew
Lufthansa has struck a pay deal with flight attendants through a collective agreement running until at least the end of next year.
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Airline BusinessWhy Icelandair is banking on flexibility to sustain recovery
Buoyed by record revenue and load factors in the third quarter, airline chief executive Bogi Nils Bogason sees the combination of its connecting model across the Altantic and Iceland’s strong tourist market as positioning the carrier to thrive beyond this summer’s peak
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NewsStrong summer lifts Jazeera past 2019 passenger levels over first nine months
Kuwaiti low-cost carrier Jazeera Airways lifted operating profits by 25% to KD16.1 million ($51.8 million) in the third quarter on a doubling of revenues.
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NewsFernandes steps down as acting head of AirAsia X
Tony Fernandes has resigned as acting head of low-cost operator AirAsia X to focus on his role at diversifying airline group Capital A.
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Airline BusinessVueling heads IAG carrier capacity and profits return
Spanish low-cost carrier Vueling is leading the pace in restoring capacity and profit returns among IAG carriers as the group sees all but British Airways and Level operating at or above 2019 ASKs in the first quarter of next year.
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NewsIAG sees full-year operating profit of €1.1bn after confirming strong third quarter
European airline group IAG expects to post an operating profit of €1.1 billion ($1.1 billion) before exceptionals for the full-year after confirming a strong third quarter in which all of its carriers were back in the black.
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NewsGol to add more 737 Max 10s from 2027 and taps ‘white-tail’ market
Brazilian carrier Gol has struck a deal with Boeing covering delivery of a dozen 737 Max 10 jets from 2027 as part of fleet plans which will also see it take ‘white-tail’ aircraft to help reach its target of having 44 Max aircraft by year-end.
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NewsSurging revenue returns Gol to Q3 operating profit
Brazilian low-cost carrier Gol posted record revenues of R$4 billion ($750 million) and the highest yields in its history during the third quarter.
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NewsParis airports operator raises traffic outlook again
Paris airports operator Groupe ADP has further lifted its passenger traffic expectations for the year after a strong summer performance.
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NewsHeathrow lifts passenger outlook but flags demand return ‘a number of years’ away
London Heathrow airport’s operator still does not expect demand to return to pre-pandemic levels for “a number of years” despite raising its passenger forecast for this year after a strong summer.
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Airline BusinessCan Argentina’s aviation sector tap growth potential?
Argentinian carriers young and old are seeking to take advantage of a post-pandemic tourism drive in the country, but the growth path ahead is far from certain.
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NewsVolaris keeps foot on growth pedal but fuel costs drag down Q3 profits
Mexican low-cost carrier Volaris lifted revenues a fifth in the third quarter as its strong growth continues, but higher fuel costs dragged down its profits for the period.
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NewsStart-up Aeroitalia plans Bergamo-Heathrow flights in December
Italian start-up Aeroitalia is to begin flights to London Heathrow airport from Milan Bergamo airport in December.
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NewsRex sees domestic jet operations turn profit in September
Australia’s Regional Express (Rex) reported its first profitable month of domestic jet operations in September.
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NewsSchiphol to take 40% stake in Maastricht airport under partnership deal
Royal Schiphol Group is to take a 40% stake Maastricht Aachen airport under a strategic partnership which envisages the Dutch regional airport having a major focus on electric-powered flights in future.
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NewsITA board hands president’s powers to chief executive Lazzerini
ITA Airways directors have stripped executive president Alfredo Altavilla of his powers and handed them to chief executive Fabio Maria Lazzerini.