All articles by Graham Dunn – Page 4
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News
Royal Brunei orders four more Dreamliners
Royal Brunei Airlines has ordered four more Boeing 787-9s as part of a widebody fleet renewal.
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News
AAPA chief upbeat on traffic recovery but wary of supply chain impact
Continued supply chain issues affecting the delivery of new aircraft and maintenance upkeep times for the existing fleet is one of the biggest potential risks to expected growth this year among Asia-Pacific airlines.
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News
Atlanta retains biggest airport crown as passengers pass 100m mark again in 2023
Passenger numbers at Atlanta Hartsfield-Jackson International airport increased almost 12% in 2023 to reach 104.7 million, ensuring the Delta Air Lines hub will retain its position as the busiest airport in the world.
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Analysis
Finnair ‘has made it through the crisis’ after capping profit return with strong end to 2023
Finnair’s interim chief executive Jaakko Schildt believes the company has demonstrated that it has made it through the double crisis of the pandemic and impact from the closure Russian airspace after confirming the airline’s first full-year profit since 2019.
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Analysis
Iceland’s Play looks to bolster equity after seismic disruption to profit plan
Icelandic budget carrier Play aims to strengthen its equity through a move onto Iceland’s main stock market as it seeks to build a financial buffer and fuel future growth after a tough end to 2023 as travel demand to Iceland dipped amid concerns around increased seismic activity.
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News
SAS chief looks to SkyTeam gains to outweigh ‘emotionally difficult’ Star Alliance exit
The chief executive of Scandinavian carrier SAS, Anko van der Werff, acknowledges that leaving Star Alliance – which it co-founded – is an emotionally difficult decision, but believes the potential for tighter co-operation with partners within SkyTeam provides greater opportunities.
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News
Air Astana valued at $847m ahead of stock market launch
Kazakh carrier Air Astana has finalised the share offer price for its forthcoming stock market listings, giving an implied company valuation of $847 million.
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Analysis
Lessors see room for consolidation but think big players will only get bigger
Executives from major aircraft lessors expect relatively limited merger and acquisition activity among leading players over the coming years, but organic growth and large order backlogs will help to further concentrate activity among the industry’s top tier.
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News
European regulators ‘welcome’ JetBlue’s summer Amsterdam access
European Commission regulators have welcomed JetBlue’s improved access to slots at Amsterdam Schiphol airport this summer, an issue it says it was ready to intervene over if the US carrier was unable to secure “appropriate access” to the Dutch hub.
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Analysis
Lessor role grows as aircraft supply shortage persists
Strong order activity in recent years and continued constraints in aircraft supply mean leading aircraft lessors are likely to become even more prominent players in sourcing the airline global fleet
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Interview
Embraer commercial chief sees room for growth as pandemic build-back continues
Embraer Commercial Aviation chief executive Arjan Meijer expects another year of double-digit growth following the Brazilian manufacturer’s robust delivery performance in 2023 during which it shipped 64 regional jets.
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News
Armenia’s Fly Arna suspends flights
Armenian national carrier Fly Arna has suspended flights citing ”operational revisions”.
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News
American upbeat on short-haul business after posting $822m 2023 profit
American Airlines posted an improved full-year 2023 profit of $822 million on record revenue.
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News
Sky Express leases two more ATR 72s from Abelo
Greek carrier Sky Express took delivery of a further ATR 72-600 from lessor Abelo this month, as part of wider moves to boost its new -600 turboprop fleet.
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News
Norwegian firms stake in SAF manufacturer
Low-cost carrier Norwegian has taken a stake in Norsk e-Fuel, firming an agreement under which it would become a shareholder in the firm planning to develop production of sustainable fuel plant in Norway.
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News
Regulatory issues prompt Air France-KLM and CMA CGM to scrap cargo pact and seek fresh co-operation
Air France-KLM and logistics specialist CMA CGM will end their fledgling cargo partnership deal in March citing regulatory challenges which have prevented it working as envisaged, but are in talks over fresh co-operation terms.
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Newsletter
Delta posts profit of $4.6bn for 2023
Delta Air Lines posted a full-year 2023 profit of $4.6 billion on revenue 20% higher year on year, and reports a strong profit for the fourth quarter.
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News
Volaris expects to cut capacity by up to 18% in 2024 as GTF impact hits
Mexican low-cost carrier Volaris expects reduce its full-year capacity in terms of available seat miles (ASM) by between 16-18% in 2024 as it contends with increased inspections of some of the Pratt & Whitney PW1100G geared turbofans (GTFs) powering its Airbus A320neo-family jets.
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News
Air Astana set for IPO this year as it plans London and Kazakhstan listing
Kazakh carrier Air Astana has outlined its intention to list on the London and Kazakhstan stock exchanges this year.
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News
Greek carrier Sky Express bolsters ATR fleet
Greek carrier Sky Express continued its fleet modernisation efforts by taking delivery of the first of two newly ordered ATR 72-600s in December.