Latest – Page 36
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Airline BusinessFirst signs of slowing air travel recovery momentum?
Amid so much economic and geopolitical uncertainty around the world, the first hints of a potential impact on travel demand were seen in the latest passenger demand data.
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Airline BusinessMixed signals for Europe despite strong traffic recovery
European budget operators Ryanair and Wizz Air outlined the continued strength of air traffic demand in figures for September released this week. The carriers are the first in the region to release traffic data each month and figures for both confirm strong summer demand has continued.
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Airline BusinessHow far will governments at ICAO back net-zero aspirations?
What are the industry’s expectations of the ICAO 41st General Assembly? And with so many other competing demands for government funds post-Covid, when it comes down to the wire, how highly will governments actually rank decarbonising the aviation sector?
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Airline BusinessAirline partnership activity intensifies
In January, we posed the question: ‘If 2022 is not the year for new airline partnerships, when will be?’ It seemed logical that the Covid-19 crisis would prompt wounded carriers to see greater value in shoring up their market positions and/or expanding networks via closer relationships with other operators. And ...
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Airline BusinessWhy ICAO Assembly is crucial for aviation’s decarbonisation effort
Airlines and airports say governments must use the 41st ICAO Assembly – which begins this week in Montreal – to formally commit to targets that support the commercial aviation industry’s decarbonisation timeline.
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Airline BusinessFedEx outlook fuels concern over air cargo prospects
The bleak economic outlook provided by FedEx at the end of last week served as a reminder to the airline industry that the Covid-era cargo boom is vulnerable to global uncertainties. A $500 million revenue shortfall at air delivery service FedEx Express for the quarter ending 31 August came after ...
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Airline BusinessAirlines continue to see mixed traffic returns from pandemic
While traffic among all passenger carriers irrespective of business model or geography was hit abruptly and heavily by the pandemic, the recovery has been far more nuanced in the pace and extent to which it has returned.
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Airline BusinessWhy order for Russian jets will turn Aeroflot into a replica of its former self
No longer able to access Western aircraft or technology, Russia’s flag carrier and its aerospace industry are being forced to turn inwards and do business together in a throwback to Soviet times.
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Airline BusinessDisruption remains challenge to European airline operations
There is an unwelcome sense of familiarity for Europe’s airline sector this week as strike action and operational challenges once again impact services.
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Airline BusinessWizz Air helps to kick-start Saudi Arabia’s aviation powerhouse ambitions
Kingdom will welcome low-cost services from European operator as part of effort to create huge commercial aviation hub
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Airline BusinessAirlines adapt to consequences of Russia-Ukraine war
This week has seen a string of announcements relating to the impact of Russia’s invasion of Ukraine.
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Airline BusinessThe two unusual phenomena faced by airlines as headwinds strengthen
IATA retains a positive industry outlook despite acknowledging a long list of industry headwinds – including a couple that are unfamiliar to the sector
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Airline BusinessChina’s ‘zero-Covid’ policy saps otherwise upbeat Southeast Asian rebound
Air travel to Southeast Asia is rebounding following the elimination of many travel restrictions related to the coronavirus pandemic, but traffic from China remains effectively non-existent.
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Airline BusinessItalian start-up ITA retreads familiar path with Air France-KLM link-up
While its striking light-blue livery, evoking the heritage of Italian sports team glories, marks a clear departure from the past, Alitalia successor carrier ITA Airways is set to follow a familiar path with a strategic link-up with Air France-KLM.
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Airline BusinessRyanair’s Italian surge will be headache for ITA Airways owners
If a consortium comprising Certares, Air France-KLM and Delta Air Lines eventually takes control of Alitalia successor ITA Airways, it will have much ground to make up in the short-haul sector in particular.
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Airline BusinessSlower restart fails to protect Qantas and ANZ from operational woes
This week’s earnings commentaries from two of the airlines most affected by travel restrictions during the Covid-19 crisis show how all corners of the industry are vulnerable to operational challenges.
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Airline BusinessFeeling supersonic: why Boom divides the room
News this week that American Airlines has joined United Airlines in signing up for Boom’s Overture jets has reignited the debate about whether supersonic flight has a role to play in the modern commercial air transport sector. The theoretical competitive advantages of such aircraft are obvious. “Boom Supersonic’s Overture would ...
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Airline BusinessCathay’s shift in tone underscores intent to show it’s back in business
Cathay Pacific has arguably been among the hardest hit of airlines by Covid travel limitations over the past two years. However the Hong Kong carrier in its half-year results now appears to be cautiously positive about its future prospects, though travel restrictions remain a challenge.
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Airline BusinessDreamliner deliveries resume but capacity constraints remain
Boeing’s much-awaited resumption of 787 deliveries on Wednesday provided a welcome boost for the manufacturer and Dreamliner customers who have been facing operational headaches caused by the aircraft delays. American Airlines became the first airline to take delivery of a 787 since US regulators gave Boeing the green light to ...
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Airline BusinessAirlines report profits amid troublesome geopolitical and economic outlooks
The current financial results season has seen more airline groups return to profit for the quarter ending 30 June, with many reporting higher-than-expected demand and strong yields in passenger and cargo markets. The latest to report is Lufthansa Group, which today cited a “boom in demand for airline tickets” as ...