Latest stories – Page 9
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Airline Business
US discounters Frontier and Spirit planning for futures without fees
Spirit Airlines is the latest US discounter to axe fees formerly levied against passengers for changing or cancelling flights, following the lead of rival ultra-low-cost carrier Frontier Airlines.
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Airline Business
Why is IndiGo launching a business-class product?
IndiGo’s announcement on 23 May that it will launch a business-class product later this year comes as the carrier seeks an even stronger stranglehold in India’s growing airline market.
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Airline Business
Asia-Pacific carriers flag China’s tepid return
As Asia Pacific airlines make strides in demand recovery, one major market remains – even to this day – some way off a full return to pre-pandemic levels, if that is ever achieveable
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Airline Business
Airlines optimistic for another strong summer on transatlantic despite weakening signs
Airlines are optimistic that demand for transatlantic air travel will remain robust this summer, with plans to fly record numbers of seats on such routes even as macro concerns – from continued high interest rates, to wars in Gaza and Ukraine – potentially weigh on consumers
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Airline Business
Airbus order is latest reminder of Saudi Arabia’s ambition
The 105 narrowbody jets – A320neos and A321neos – are destined for Jeddah-based Saudia and its low-cost unit Flyadeal, with deliveries spanning 2026 to 2032.
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Airline Business
Ryanair relaxed on near-term fare softness as Europe grapples with capacity caps
Ryanair has been surprised by some softness in fares for bookings in the April-June quarter despite much-discussed capacity constraints in Europe’s short-haul sector, but expects improvements for the summer peak and for the business’s cost advantage over rivals to increase. Those were among the observations from group chief executive Michael ...
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Airline Business
Week 21 2024: Low-cost latest from Europe and Asia
The first-quarter 2024 earnings season enters its final stretch this week, as a number of low-cost carriers join Turkish Airlines in outlining their January-March results.
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Airline Business
Q1 2024 performance report for benchmark Latin American airlines
Full results for the first quarter of 2024 from our benchmark airlines in the Latin America region reflect a positive performance during what is the high season for travel at most operators.
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Airline Business
Cost, yield pressures loom for ‘well-positioned’ SIA, even as investments bear fruit
Singapore Airlines, which reported record annual profits, believes its long-term ‘strategic’ investments are paying off now, even as challenges loom.
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Airline Business
Continuity counts as EasyJet sticks to the script with Jarvis appointment
It is perhaps unsurprising that EasyJet’s choice of chief executive to succeed the outgoing Johan Lundgren comes from within the group
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Airline Business
Welcome to Airline Business
The Airline Business website is the latest evolution of a brand that has spent 40 years covering the global airline industry as part of the FlightGlobal family
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Airline Business
JetBlue and Spirit network strategies diverge after failed merger
JetBlue has responded to the failure of its proposed acquisition of Spirit Airlines by cutting US flights and beefing up its Caribbean operation, while Spirit has embarked on expansion within the USA.
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Airline Business
Q1 2024 performance report for benchmark North American airlines
Full first-quarter 2024 data for Airline Business’s benchmark airlines in North America shows revenue, traffic and capacity rising year on year, but profitability taking a hit amid a string of challenges for low-cost carriers in particular. That dynamic saw the 11 carriers’ combined operating loss jump by more than $150 ...
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Airline Business
Lufthansa’s delayed Allegris debut shows airlines’ supply chain challenges
Lufthansa’s first aircraft with its new ”Allegris” cabin updates – an Airbus A350-900 – is one of the more-visible examples of the industrial supply chain issues plaguing the post-pandemic airline industry, and are causing big headaches for airlines.
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Airline Business
Why Azul is banking on growth model to boost profitability
Azul executives believe an influx of aircraft over the second half of the year and fleet utilisation initiatives will enable the Brazilian carrier to further boost profitability after detailing an improved first quarter performance.
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Airline Business
New Play chief plots measured path ahead after growing pains
Icelandic budget carrier Play’s new chief executive, Einar Orn Olafsson, intends to scrutinise performance in closer detail following the change of senior management at the company.
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Airline Business
How the US ‘struck out’ on the Aeromexico-Delta joint venture
A fight over the future of US-Mexico air service is ongoing in the corridors of Washington, DC, with the US Department of Transportation (DOT) objecting to new capacity limits at Mexico City’s Benito Juarez International airport by cracking down on airline partnerships.
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Airline Business
Week 20 2024: Latest from Brazil as more carriers report Q1 earnings
Two industry stalwarts report their January-March 2024 financials this week, while there will be an update from a turbulent Brazilian market
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Airline Business
IAG enjoys Madrid’s status as ‘new Miami’ as it starts 2024 on front foot
While its two largest competitors were knocked on to the back foot in financial terms during the first quarter of this year, IAG enjoyed a much more straightforward three months.
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Airline Business
Sun Country profitable as other US discounters slog through first quarter
As leading ultra-low-cost carriers in the USA embark on wholesale network changes in response to shifting market dynamics, one smaller airline is sticking to its guns.