All articles by Lewis Harper – Page 12
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Airline BusinessAirlines call for global policies and collaboration in net-zero push
IATA uses World Sustainability Symposium to argue regional differences in sustainability policies are counterproductive and that SAF production must be incentivised by governments
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NewsEU ‘undermining’ airline competitiveness with sustainability policies: IATA chief
IATA director general Willie Walsh has criticised the European Union’s approach to sustainability, accusing the bloc of damaging the competitiveness of its airlines.
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Airline BusinessWhy IATA chief economist expects ‘huge airline windfall’ from lower oil prices
Falling Brent prices and a narrower crack spread are good news for airlines, according to IATA’s Marie Owens Thomsen
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NewsAirlines frustrated as Shell defends Rotterdam SAF refinery pause
Shell insists that it paused building work at its 820,000 tonne/year biofuel refinery in Rotterdam “for the right reasons”, even as the airline industry laments the lack of SAF available today
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NewsAmerican Airlines chief warns net-zero targets in danger of being missed
Stakeholders are not doing enough to ensure the commercial air transport sector addresses its environmental impact, in the view of American Airlines chief executive Robert Isom.
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NewsIATA urges government action as it forecasts $128bn annual net-zero spend
Airline association IATA forecasts an average of $128 billion in annual capital expenditure will be needed for the airline industry to reach net-zero emissions by 2050.
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Airline BusinessWeek 39 2024: Miami hosts IATA sustainability conference
Airline representatives from around the world – including Airline Business – will gather in Miami this week for IATA’s second World Sustainability Symposium.
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Airline BusinessCopenhagen key as reinvigorated SAS embraces SkyTeam future
It was not difficult for Scandinavian carrier SAS to choose the city to host its celebration of joining SkyTeam.
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NewsSAS to reintroduce European business-class product
Scandinavian carrier SAS will reintroduce a business-class product on its European short-haul fleet as it seeks product alignment with its new SkyTeam partners.
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Airline BusinessMike Szucs cements Cebu Pacific’s growth path amid infrastructure boost
With Cebu Pacific’s big aircraft order confirmed, Mike Szucs is ensuring the low-cost carrier makes the most of expansion opportunities in its home country
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Airline BusinessIs the airline industry’s profit forecast heading for a downgrade?
When IATA upgraded its industry profit forecast for 2024 during early June’s AGM in Dubai, the prevailing mood was broadly positive amid a sense that fortunes were improving again after an encouraging 2023
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Airline BusinessWeek 38 2024: SAS to mark SkyTeam membership
This week Airline Business will be in Copenhagen to join SkyTeam carrier chief executives in marking SAS joining the alliance.
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Airline BusinessQ2 2024 global performance report for benchmark airlines
The global airline industry saw its profitability weaken year on year during the second quarter of 2024, as carriers grappled with moderating yields and rising capacity.
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Airline BusinessQ2 2024 performance report for benchmark Asia-Pacific airlines
Full second-quarter 2024 earnings from Airline Business’s benchmark carriers in the Asia-Pacific region show profitability dropping year on year, in contrast to the region’s first-quarter performance
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Airline BusinessAirline Strategy Awards winning stories: Air Astana chief executive Peter Foster
In the ninth and last of our winning stories from 2024’s Airline Strategy Awards, Air Astana chief executive Peter Foster received the Airline Business Award
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Airline BusinessQ2 2024 performance report for benchmark European airlines
Full second-quarter 2024 data from Airline Business’s benchmark airlines in Europe shows the region’s carriers comfortably in profit at an aggregate level, albeit operating and net profits both fell by more than $1.3 billion year on year
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Airline BusinessAirline Strategy Awards winning stories: VivaAerobus chief executive Juan Carlos Zuazua
In the eighth of our winning stories from 2024’s Airline Strategy Awards, VivaAerobus chief executive Juan Carlos Zuazua was recognised in the Executive Leadership: Latin America & Caribbean category
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NewsAegean positions to become Volotea shareholder with €25m investment
Greek carrier Aegean Airlines intends to take a stake of up to 21% in Spanish low-cost carrier Volotea after it participated in a round of fundraising with the latter’s shareholders.
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Airline BusinessWeek 36 2024: Chinese losses and better news on European fares
Last week saw the earnings season largely draw to a close, as the “big three” Chinese carriers rounded off the week with an inauspicious set of results.
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Airline BusinessFares enough? Ryanair rows back on European yield concern
When Ryanair outlined a 15% drop in fares during the April-June quarter and said it would likely need further price stimulation during the peak summer season, the industry took notice