Latest – Page 23
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Airline Business‘We are not happy’: Norwegian chief reflects on second-quarter challenges
Scandinavian low-cost carrier Norwegian observed softer-than-expected demand during the second quarter of this year, as its financial performance was also hit by a string of challenges.
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Airline BusinessMixed picture emerges from Chinese airlines ahead of half-year results
China’s three largest carriers are forecast to continue their loss-making streak in their half-year earnings, in contrast to their smaller compatriots who expect to boost profitability.
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Airline BusinessOversupplied domestic market hammers Delta’s second-quarter profit
Company executives point to US domestic excess passenger capacity as the primary culprit behind slimmer profits.
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Airline BusinessBreeze slams Reagan National entry requirements as major carriers wrangle for new slots
Start-up Breeze Airways and several non-profit groups are criticising as anti-competitive a plan under which the US Department of Transportation (DOT) is allocated additional take-off and landing rights at Ronald Reagan Washington National airport.
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Airline BusinessElliott blasts Southwest anew for ‘profoundly out of touch’ strategic decisions
Elliott Investment Management has refreshed its scathing criticism of Southwest Airlines’ leadership in a letter that characterises the company’s board of directors as “profoundly out of touch” with investors.
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Airline BusinessUS airlines split on second quarter outlook
Delta Air Lines and United Airlines are forecast to lead the pack on profits in the second quarters as US carriers are set to begin reporting financials for the April-June period
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Airline BusinessAirline news digest: 29 June to 5 July 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessSpohr sees scale and southern mission giving ITA a chance to prosper as part of Lufthansa
After more than a year of waiting, Lufthansa cannot yet quite begin bringing ITA Airways into the group, even after securing the regulatory green light from the European Commission.
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Airline BusinessAirAsia X underlines its comeback with Nairobi foray
AirAsia X’s launch of direct services to Nairobi shows that the long-haul, low-cost arm of AirAsia is back in growth mode after its near death experience during the coronavirus pandemic.
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Airline BusinessAirline news digest: 22-28 June 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessFAA plan to change ‘public charter’ rules raises questions for small communities
The US Federal Aviation Administration’s decision to update the rules governing certain “public charter” flights is raising concerns that the new standards could come at the expense of flights to small cities. At least 21 cities in the US Essential Air Service (EAS) subsidy programme are served by airlines operating ...
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Airline BusinessWill Qatar Airways become latest player in Virgin Australia stakeholder story?
Reports that Qatar Airways is in talks to acquire up to 20% of Virgin Australia should come as little surprise given both the latter’s history of attracting airline suitors as well as the Gulf carrier’s interest in building its Australian presence.
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Airline BusinessHow Abra and Volotea are joining forces as Air Europa ‘remedy takers’ at Madrid
Their joint-venture agreement aims to create a new ‘hub solution’ at the Spanish capital, should they be granted remedies under a European Commission decision
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Airline Business‘The sleeping giant must be awakened’: Saudia eyes return as Middle East major
The Saudi flag carrier is undertaking a modernisation push – from a new corporate identity, to new aircraft and cabin products – as it aims to grow in size after years of laying low.
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Airline BusinessSun Country sacrifices short-term passenger growth for long-term cargo play
Sun Country expects its cargo segment to soon become a near-equal contributor to the company’s bottom line, when compared with its passenger operations.
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Airline BusinessAirline news digest: 15-21 June 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessHow Qantas plans to turn Perth into its second-biggest gateway
Established flag carriers in developed markets might be accustomed to piecemeal network changes rather than big expansion moves, but Qantas Group is on a rare mission that might just fall into the latter category.
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Airline BusinessWhy Africa might have its best chance to achieve a single air transport market
As Africa’s population grows ahead of global trends, the disproportionality of its commercial airline sector only becomes starker. In 2023, African countries accounted for around 18% of the world’s population, according to UN data, while IATA data shows that the continent’s airlines servied just 2.1% of airline passenger traffic. Moreover, ...
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Airline BusinessWhy does airline consolidation matter in Europe?
In the post-Covid landscape, it is no coincidence that alongside ITA Airways, smaller national network carriers such as SAS and TAP Air Portugal are subject to M&A moves
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Airline BusinessStill-inconsistent supply chains forcing creativity on part of MROs
With no end in sight to aircraft maintenance delays and parts shortages in the near term, the companies supplying related services have learned to adapt