Latest – Page 35
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Airline BusinessIATA’s airline profit forecast comes with downside risks
When global airline association IATA held its first in-person Global Media Day for three years this week, it was able to offer more good news on the industry’s progress out of the Covid-19 crisis.
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Airline BusinessRazor-thin airline industry profit projection for 2023 reflects complex web of factors
It is not for nothing that IATA director general Willie Walsh described the challenges faced by airlines going into 2023 as “complex”.
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Airline BusinessAirline consolidation comes to the fore in Asia-Pacific
While a consolidation of its various airline interests has been in the works for Tata Sons ever since it acquired Air India in January, confirmation this week of plans to merge Vistara into an enlarged grouping illustrates the scope of ambition for the revamped carrier.
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Airline BusinessHow enlarged Air India sets up two-horse race in Indian market
The consolidation of Tata Group’s airline units stands to transform India’s airline sector, and ratchet up the pressure on smaller carriers.
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Airline BusinessWhy Capital A is bringing AirAsia and AirAsia X together
An AirAsia consolidation with its medium-haul affiliate AirAsia X would bode well for both carriers – and is a long time coming – given that both companies are starting to overlap in operations.
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Airline BusinessIndustry seeks ‘more carrot’ if UK to rise to SAF challenge
While it is hardly unique to the UK for aviation industry leaders to be calling for the government to provide ”more carrot than stick” when it comes to sustainable aviation fuel (SAF) production, recent interventions are timely given the mandate for it to comprise at least 10% of its airlines’ fuel by 2030
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Airline BusinessAirline start-ups still see opportunities as Norwegian legacy lives on
Despite a largely chequered history of results, the airline industry has never been short of new entrants seeking to make their mark in the business.
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Airline BusinessDemand for US airline travel faded in October compared to 2019: Bloomberg report
US air travel bookings declined in October, with ticket demand falling “as consumers feel pinched”, according to a 21 November report from Bloomberg Intelligence.
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Airline BusinessStalling steps for European airline consolidation
While several European carriers are seeking – or being touted as – potential acquisition or partnership targets, at present firm progress is still to emerge.
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Airline BusinessChina’s ‘dismal’ performance weighs on global airline traffic recovery
The latest data from IATA shows how far China is lagging the recovery being seen in other markets around the world, as government policy continues to limit international and domestic travel.
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Airline BusinessLatin carriers re-emerge from crisis but with fresh uncertainties ahead
Passenger numbers are back to pre-pandemic levels in Latin America and financial restructurings are completed. Now attention is turning to consolidation and partnership to help airlines in the region better weather challenges ahead, be they familiar local issues like high taxes and inflation, or the fresh global economic headwinds.
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Airline BusinessWhy airline confidence is high despite headwinds
A quote from Lufthansa Group chief executive Carsten Spohr seemed particularly pertinent during the European airline results bonanza at the end of last week.
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Airline BusinessWill governments rise to the net-zero challenge after ICAO landmark deal?
There was elation and relief when the 41st General Assembly of the International Civil Aviation Organisation (ICAO) adopted a Long-Term Aspirational Goal of net-zero carbon emissions from air transport by 2050.
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Airline BusinessVueling heads IAG carrier capacity and profits return
Spanish low-cost carrier Vueling is leading the pace in restoring capacity and profit returns among IAG carriers as the group sees all but British Airways and Level operating at or above 2019 ASKs in the first quarter of next year.
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Airline BusinessIndustry primed for e-commerce as Hawaiian signs Amazon deal
News on 21 October that Hawaiian Airlines has agreed to operate at least 10 Airbus A330-300 Freighters for Amazon comes as more airlines benefit from e-commerce demand. “This relationship provides a catalyst to grow our business and the unique opportunity to diversify our revenue sources while capitalising on our established ...
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Airline BusinessCan Argentina’s aviation sector tap growth potential?
Argentinian carriers young and old are seeking to take advantage of a post-pandemic tourism drive in the country, but the growth path ahead is far from certain.
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Airline BusinessRelief and reality checks after ICAO aviation emissions deal
This week’s Aviation Carbon event in London provided industry stakeholders with an early opportunity to reflect on ICAO’s recent agreement on a long-term aspirational goal (LTAG) for aviation. On a positive note, there was relief that a deal had been achieved and a consensus that the LTAG is a good ...
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Airline BusinessStrong demand trends for Latin region but economic concerns ahead
Delegates are set to gather in Buenos Aires on 16 October for the 18th edition of the ALTA AGM & Airline Leaders Forum – an event that takes place against a backdrop of positive developments relating to Covid-19 but with challenges emerging elsewhere.
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Airline BusinessHow Abra Group could change balance of airline power in Latin America
As Avianca and Gol continue to work towards the creation of a new airline holding company in the region, the latest data shows why the tie-up is attracting so much interest and scrutiny.
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Airline BusinessHow leading Latin carriers are faring in return to pre-crisis levels
After the most challenging of two years, the recent earnings quarter for Latin American operators offered an altogether more positive picture.