All articles by Graham Dunn – Page 9
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News
Competition watchdog confirms CAA decision on Heathrow charges
Heathrow Airport and three of its leading operators have lost their respective appeals after the UK’s competition watchdog confirmed it had broadly backed the UK CAA’s ruling on airline charges through until 2026.
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News
El Al unable yet to estimate financial hit from war
Israeli flag carrier El Al has warned of a negative impact on its results for the fourth quarter as a result of the security situation in the country but is not yet able to estimate the full scope of the financial hit.
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News
Rolls-Royce to cut up to 2,500 jobs as part of group restructuring
Engine manufacturer Rolls-Royce is to cut between 2,000 and 2,500 jobs across its total business as part of a new structure aimed at “removing duplication and cost efficiencies”.
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Analysis
EasyJet banks on basics in push for new profit heights
Aircraft upgauging, reducing winter losses and boosting profits from its holiday business are key parts to EasyJet’s plan to lift full-year pre-tax profitability to more than £1 billion annually
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News
Strong demand helps Delta lift third-quarter net profit to $1.1bn
Delta Air Lines’ net profits climbed 59% to over $1.1 billion in the third quarter, as revenues jumped 11% on continued strong demand.
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News
Aerolineas Argentinas to upgrade Embraer fleet with E195-E2s
Aerolineas Argentinas is to take a dozen Embraer 195-E2 regional jets to upgrade its existing fleet of smaller E190 aircraft.
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News
EasyJet outlines £1bn profit target after strong summer confirms return to the black
Carrier expects to post a pre-tax profit in the range of £440-460 million ($541-566 million) for the 12 months ending 30 September 2023, driven by a record headline profit over the second half of its financial year.
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News
EasyJet agrees deal with Airbus on planned order for up to 257 A320neo-family jets
UK low-cost carrier EasyJet has reached an agreement with Airbus to order a further 157 A320neo-family jets and take purchase rights on 100 more.
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In depth
Top 100 airline group financial rankings 2022
Robust revenues as passenger markets reopened enabled many of the world’s leading airlines to restore profitability in 2022 – but the scars of the pandemic were still evident. FlightGlobal’s analysis of the airline industry financial performance in 2022 based on the top 100 airline groups by revenue.
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News
TAAG Angola orders four Boeing 787s to renew fleet
Existing Boeing widebody operator TAAG Angola Airlines is renewing its fleet with an order for four 787s from the US manufacturer.
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News
Loganair owners halt moves to sell carrier
Scottish regional carrier Loganair’s shareholders Stephen and Peter Bond are to remain as owners of the company “for the foreseeable future”, a year after detailing plans to look to sell their stake.
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Analysis
European consolidation wave spreads north with Air France-KLM move for SAS
Consolidation within Europe post-pandemic has largely focused on opportunities for the big three airline groups to bolster their presence in the south of the continent.
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News
Riyadh Air eyes key partnerships ahead of launch
Ambitious Saudi Arabian start-up Riyadh Air is likely to announce a number of key airline partnerships ahead of its planned launch in 2025.
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News
Malta puts hopes on higher load factors and profitable routes for successor carrier
Malta’s government believes an eight-strong fleet together with a right-sized network and staff levels will enable its planned successor carrier to Air Malta to be profitable.
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News
South African government challenges deadline for decision on Mango sale
South Africa’s public enterprises ministry is seeking to appeal a court decision last month requiring it to decide within 30 days on a proposed sale of low-cost carrier Mango Airlines.
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Interview
Riyadh Air closing in on narrowbody order as Douglas continues groundwork
Riyadh Air is set to place its expected narrowbody aircraft order “in the coming months” as Tony Douglas, chief executive of the ambitious Saudi Arabian start-up, continues to plot the national carrier’s launch path.
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News
Ryanair sees strong September traffic but delivery delays prompt winter cuts
European low-cost carrier Ryanair lifted passenger numbers 9% to 17.4 million in September with load factors unchanged at 94%.
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News
Government to launch successor carrier to Air Malta in March 2024
Malta’s government has announced plans to launch a successor carrier to Air Malta from 31 March 2024 following talks with European Commission regulators.
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Analysis
Pegasus plots continued growth as it prepares to pass 100-aircraft milestone
Low-cost carrier Pegasus Airlines is about to take delivery of its 100th aircraft. The passing of the landmark is not only illustrative of how far it has come since launching scheduled services in 2005, but of the rapid growth seen in the Turkish market – both before and since the pandemic. Now the challenge it is to continue this expansion.
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News
Wizz progressing moves towards Saudi joint venture
Wizz Air has selected a partner and is in the process of an application to establish a joint-venture carrier in Saudi Arabia as the central European budget operator continues to develop its presence in the Middle East.