All articles by Graham Dunn – Page 50
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NewsLufthansa still pondering MRO unit options as strengthening efforts continue
Lufthansa Group is still evaluating whether to carry out a partial divestment of its MRO business despite progress on improving its balance sheet.
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NewsLufthansa capacity to top 70% of pre-crisis levels in 2022 as US demand booms
Lufthansa Group expects its capacity to increase to more than 70% of pre-crisis levels next year as it flags strong demand in the key transatlantic market, particularly in premium cabins.
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NewsRestructured Eurowings leads profit recovery for Lufthansa passenger units
Lufthansa Group chief executive Carsten Spohr believes the Covid crisis has accelerated the recovery of Eurowings, the low-cost unit it now expects to continue in profit after reaching that milestone in the third quarter.
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NewsLufthansa sees positive trend after returning to profit in third quarter
Lufthansa Group posted a positive adjusted operating profit for first since the pandemic and expects to avoid cash drain in the seasonally tough final quarter of the year.
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NewsEuropean budget carriers retain traffic momentum in October
Wizz Air passenger levels remained steady at just under 3 million in October as stronger travel demand was sustained into the shoulder season.
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NewsDomestic lift helps Aeroflot turn a profit for the third quarter
Aeroflot turned a group profit under Russian accounting standards for the first time since the pandemic in the third quarter, driven by a strong domestic traffic performance during the period.
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NewsSkyTeam confirms ITA to replace Alitalia as Italian partner in alliance
SkyTeam has confirmed that new Italian carrier ITA Airways will replace defunct national operator Alitalia in the global alliance.
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NewsWizz dismisses executive over undisclosed share trading
Wizz Air has dismissed its chief supply officer over a series of undisclosed share dealings following an investigation by the Financial Conduct Authority, the UK’s finance regulator.
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NewsKenya Airways strikes codeshare with British Airways
Oneworld carrier British Airways is to begin a codeshare with SkyTeam operator Kenya Airways, after the recent resumption of flights between London and Nairobi.
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Airline BusinessTentative reopening steps continue in Asia but long route to recovery
International travel in Asia-Pacific has been paltry since the crisis hit amid some of the tightest approaches to border control in the world and lagging vaccination roll-outs.
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Airline BusinessWhy Etihad has broken new ground with sustainability-linked financing
Etihad Aviation Group chief financial officer Adam Boukadida believes there will be further sustainability-linked financing deals both within the industry and beyond after striking a $1.2 billion transaction tied to environmental, social and governance targets
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NewsEasyJet takes first lounge step with co-branded Gatwick facility
Low-cost carrier EasyJet will on 21 October open it first airport lounge, a co-branded facility it is opening at London Gatwick in association with No 1 Lounges.
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NewsCourt rejects LOT appeal over EasyJet and Lufthansa win of Air Berlin assets
An EU court has rejected cases put forward by LOT Polish Airlines contesting decisions to enable EasyJet and Lufthansa to acquire assets from collapsed carrier Air Berlin.
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Airline BusinessRaised capacity on US-Mexican border routes bucks international trend
In an environment where a rebound in travel to pre-crisis level for most international markets is off the horizon for perhaps multiple years, the speed and scale of the recovery in the US-Mexican market is a stand-out.
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Airline BusinessWizz Air UK seeks ‘scaleable’ growth as testing change boosts demand
New Wizz Air UK chief executive Marion Geoffroy believes the scrapping of the more expensive PCR test for fully-vaccinated travellers from later this month will be a key driver of demand as the carrier ramps up capacity for Christmas travel.
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NewsHeathrow charges could rise more than 50% under CAA proposals
UK aviation regulators have set an initial range for London Heathrow airport to increase its passenger charges by between 11% and 56% over the next five years, but rejected the hub’s request for a higher rise to offset losses incurred during the pandemic.
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NewsNew EU open skies deal with Qatar includes initial capacity caps
European Union regulators have signed an air transport services agreement with Qatar which includes capacity caps in some key markets before full access is implemented in 2024.
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Airline BusinessArrivederci Alitalia as famous brand bows out – for now
Italian national carrier Alitalia will carry out its last flight today as the company ceases operations, though it remains to be seen if it is the last time the long-standing and familiar brand is seen in the air.
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NewsIATA’s Walsh slams UK testing policy and Heathrow charges
In addressing the Aviation Club in London on 13 October, IATA director general Willie Walsh was back on familiar territory - both in terms of location and subject matter.
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NewsFlyr to take up to 10 Boeing 737-8 aircraft from Air Lease
Norwegian start-up Flyr has signed a letter of intent to lease six new Boeing 737-8 aircraft from US-based lessor Air Lease.