Latest analysis – Page 2
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Airline Business
Norwegian buoyed by Wideroe impact as losses cut in first quarter
Norwegian flagged improved yields and load factors, together with a boost from the less seasonally affected Wideroe business, during a first quarter in which the airline narrowed operating losses to NKr763 million ($70 million).
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Airline Business
Air Transat reaching for new horizon with flights to Africa
Eastern Canada’s Air Transat has big ambitions to expand transatlantic flying with its growing fleet of long-range jets, and Africa is now within reach.
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Airline Business
JetBlue loses $716m amid myriad first-quarter struggles
US carrier JetBlue Airways lost $716 million in the first quarter as “significant elevated capacity” in Latin America and on domestic routes cut into the already-struggling airline’s performance.
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Airline Business
Alaska and United bemoan strong quarters spoiled by Max 9 grounding
On back-to-back days, executives from two major US airlines described how a major safety scare and the related weeks-long grounding of all Boeing 737 Max 9 jets undermined both companies’ otherwise strong first-quarter performances.
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Airline Business
Why United’s ‘moat’ gives Kirby confidence high margins are structural
When United Airlines beat analyst expectations this week with a smaller-than-expected first-quarter loss and higher-than-expected revenues, one person who was not surprised was chief executive Scott Kirby.
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Airline Business
JetSmart looks to grow in Argentina as economics and regulations improve: CEO
After launching domestic service in Colombia last month, JetSmart chief executive Estuardo Ortiz is already marching toward his next conquest – Argentina – with the goal of taking advantage of seismic economic and regulatory changes.
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Airline Business
Spirit Airlines on track for greater Q1 loss than expected
US discounter Spirit Airlines is bracing for a greater first-quarter loss than previously anticipated due to how it is accounting for $150-$200 million in compensation from Pratt & Whitney (P&W) for its grounded Airbus A320neo-family aircraft.
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Airline Business
Delta’s Bastian upbeat on demand amid ‘most-constructive backdrop of my career’
Delta Air Lines chief executive Ed Bastian painted a positive demand picture after reiterating the airline’s full-year guidance today, describing the environment as “maybe the most-constructive backdrop” during his career.
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Airline Business
Turkish Airlines sees growth sustaining with long-haul, cargo and AJet
While inflationary, geopolitical and aircraft availability issues continue to cloud the horizon, Turkish Airlines is still aiming to increase passenger capacity by 10% this year.
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Airline Business
Why Brazil’s airlines are welcoming ‘great dialogue’ with government
Brazil’s airlines are continuing to navigate tough market conditions, but there are signs that the government is listening to their concerns and may be about to offer at least $1.2 billion in new credit lines amid rising capital costs in the country.
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Airline Business
IATA global airline traffic leaps above 2019 for first time during longer February
Global airline traffic among the IATA membership in February exceeded pre-Covid levels for the first time since the pandemic, aided by the leap year adding an extra day to the month.
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Airline Business
China Eastern frets about geopolitics amid tepid international recovery
China Eastern Airlines was the only operator among China’s ‘Big Three’ – which also includes Air China and China Southern Airlines – to remain loss-making, despite China’s pandemic restrictions having been loosened for a full year.
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Airline Business
Greater Bay Airlines chief executive appointment reflects greater trend
The appointment of a new chief executive at a small carrier in Hong Kong might not have created many headlines this week, but it does offer another concrete example of a growing trend among the world’s airlines.
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Airline Business
Airlines accelerate hiring of women to top executive roles from low base
The industry has been employing more women in the C-suite for some time now, but new data hints at the pace of change quickening after years of glacial progress, with positive steps continuing into the first few months of 2024
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Airline Business
‘Not just riding the wave’: after financial turnaround, Malaysia Airlines eyes year of ‘credibility’
As Malaysia Airlines’ parent Malaysian Aviation Group (MAG) turns in a glowing financial report, it is keen to prove it is no one-trick pony, but that it has changed for the better.
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Airline Business
Flair Airlines steady amid turbulent Canadian low-cost segment: CEO
Flair Airlines’ chief executive Stephen Jones is pushing back against suggestions that the Canadian low-cost carrier is struggling in the aftermath of competitor Lynx Air’s collapse.
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Airline Business
European airlines cite Chinese access to Russian airspace as they seek ‘level playing field’
Europe’s airlines are keen for authorities to address the competitive advantage that Chinese carriers currently experience in being able to fly through Russian airspace, as part of a broader push for what they call a “level playing field” with international competitors.
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Airline Business
Europe’s airlines heartened by sharp change in perception of industry
Thanks to its founding mission, Airlines for Europe (A4E) might be naturally inclined towards pointing out things that need improving in the policy and regulatory sphere, but the European airline association also used its annual summit on 20 March to highlight a fundamentally positive development for the region’s carriers.
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Airline Business
‘Never seen such a brand before’: AirAsia Cambodia eyes growth despite tax challenges
Armed with the backing from parent AirAsia Aviation, AirAsia Cambodia hopes to make a splash in the country’s fledgling, but fragmented, aviation sector.
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Airline Business
Freshly listed Air Astana eyes more growth after profitable 2023
Kazakhstan’s Air Astana Group is eyeing further growth this year after continued expansion of its low-cost subsidiary FlyArystan helped it lift its adjusted EBITDA slightly to $301 million in 2023.