Latest stories – Page 12
-
Airline BusinessAirlines are back, yes, but not necessarily better
As traffic returns to pre-Covid levels, more airlines will discover that inconvenient market fundamentals still apply
-
Airline BusinessAirlines candid on Boeing concerns
Good weeks have been few and far between at Boeing for some time, but the past few days have proven particularly challenging as the airframer works to move beyond its various issues.
-
Airline BusinessWhat factors risk derailing aviation’s net-zero sustainability goal?
In the vogue and vital space of sustainable aviation, confidence has found a mighty tailwind. Barely a day passes without news of a deal for sustainable aviation fuel (SAF), a groundbreaking experiment or demonstration flight, a technology breakthrough, a strategic investment, or an edgy new net zero target ahead of ...
-
Airline BusinessVolotea chief Carlos Munoz has IPO ambition for carrier committed to being different
After a turbulent three years amid the pandemic and then the impact of rapidly rising fuel costs, Volotea under founding chief executive Carlos Munoz has renewed confidence thanks to a strong 2023 and encouraging start to this year
-
Airline BusinessSoftening yields and staffing crunch temper Cathay profit return celebrations
Cathay Pacific’s turnaround from pandemic-led losses to record profitability is a long time coming, but the airline’s executives are acutely aware the celebratory mood will not be for long.
-
Airline BusinessWhy Aegean Airlines is prioritising scheduled business in bid to ride out GTF disruption
Aegean Airlines aims to grow scheduled capacity by around 7% this year despite the pressure the Greek carrier faces on aircraft availability due to ongoing maintenance issues related to the Pratt & Whitney GTF engines that power its Airbus A320neo-family aircraft.
-
Airline BusinessAirlink takes stock after making its name in South African market
While regional carrier Airlink has long been an established player in the market, it has under founding chief executive Rodger Foster taken the chance created by rivals’ troubles in South Africa to expand into new markets in its own right
-
Airline BusinessLagging Asia-Pacific leaves global airline traffic just short of 2019 levels
That the global airline industry is able to record a 17% year on year rise in passenger traffic for January 2024 and still be just below 2019 levels is a reminder of how nascent some aspects of its Covid-19 recovery are.
-
Airline BusinessAsia key opportunity as Lufthansa aims to catch-up on capacity
Recovering Asia-Pacific markets will be a key part of Lufthansa Group plans for a 12% in capacity in 2024, even if ongoing supply chain challenges have prompted it to tone down its growth plans for the year.
-
Airline BusinessAmerican’s 85-strong Max 10 order includes ‘financial protections’ against delivery delays
Acknowledging that American Airlines’ order for an additional 85 Boeing 737 Max 10s is a “vote of confidence in Boeing”, airline executives say financial protections are built into the deal should the aerospace giant stumble further.
-
Airline BusinessUpbeat IAG strikes positive note as BA and Iberia head growth in 2024
After delivering one of the highest operating profits in its history, European airline group IAG offered little by way of firm guidance for the year to come but was in positive mood in its commentary.
-
Airline BusinessOneworld opens second lounge as alliances enjoy post-Covid profile boost
Oneworld’s opening of a lounge at Amsterdam Schiphol airport last week came as more airlines talk up the positive role that alliances are playing in the post-Covid market.
-
Airline BusinessWill Transavia grow beyond Air France-KLM’s core markets?
When Air France-KLM outlined a record full-year performance for 2023 on 29 February, it was noteworthy that low-cost unit Transavia stood alone in having had a negative impact on the group’s operating profit of €1.7 billion ($1.8 billion).
-
Airline BusinessCathay sustainability chief hopeful of ‘more ambition’ in SAF targets
Cathay Pacific’s sustainability chief is hopeful of “more ambition” in targets set for sustainable aviation fuels, amid wider discussion over the sector can boost its sustainability credentials.
-
Airline BusinessCan recovering Asia-Pacific market fulfil wider potential?
After the pandemic-interrupted 2020 and 2022 Singapore air shows, this week’s event served as a reminder of not just how far the industry has come but of the potential still to unlock within the Asia-Pacific region.
-
Airline BusinessNew product enhancements lead Qantas charm offensive as first half profits slip
While underlying pre-tax profits fell 13% in the first half of its financial year, the more pressing challenges facing Qantas have less to do with its fiscal performance and more with improving its public image.
-
Airline BusinessNorwegian ‘very pleased’ about full-year profit and potential Wideroe impact
Scandinavian low-cost carrier Norwegian expects its recently completed acquisition of compatriot Wideroe to begin to have an impact on its earnings in 2024, amid signs that the latter might outperform earlier near-term forecasts
-
Airline BusinessWill airlines get their hands on more new aircraft in 2024?
With the availability of new aircraft continuing to be a sore point for many airlines around the world, Airbus released its latest delivery targets this week.
-
Airline BusinessWary about supply chain snags, Asia’s aviation sector embraces recovery
As recovery sweeps through the Asia-Pacific airline and MRO sectors, the spectre of supply chain challenges looms in the background.
-
Airline BusinessFinnair ‘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.