All articles by Lewis Harper – Page 14
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NewsIAG terminates Air Europa acquisition
British Airways and Iberia owner IAG has terminated its agreement to purchase Spanish carrier Air Europa from its parent company Globalia, citing the “current regulatory environment”.
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Airline BusinessConstrained Wizz Air sees yield softness after ‘unprecedented’ Ryanair fare reductions
Wizz cited “lower close-in pricing” amid competitive pressure caused by Ryanair’s “unprecedented” fare reductions in recent weeks, prompting it to lower its unit revenue and full-year profit guidance.
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NewsWizz Air seeks early exit from wet-leases as P&W turnaround times improve
Wizz Air is aiming to operate no wet-leased aircraft by the end of October after Pratt & Whitney achieved faster-than-expected turnarounds of some of the PW1000G engine inspections that have been grounding a significant proportion of its fleet
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Airline BusinessWhat does ANZ dropping sustainability target say about airline net-zero effort?
Air New Zealand’s announcement that it has abandoned a 2030 carbon-intensity target is noteworthy from an airline that is considered among the most proactive in the sustainability sphere
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Airline BusinessWeek 31 2024: Airline industry downturn or individual blips?
This week will see a global set of airlines release their second-quarter financials, bringing more commentary on what has so far been a fascinating earnings season.
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Airline BusinessFour days that brought high-flyers Delta and Ryanair back down to earth
A four-day period beginning 19 July reminded both carriers of the airline industry’s uncanny ability to rain on a parade.
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Airline BusinessAir France-KLM drops pace during Olympics but stays on track
The European airline market continues to be an unusually diverse one in performance terms, with Air France-KLM the latest to offer a broadly positive view on underlying demand and yields through the rest of the year.
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NewsSouthwest to end 50 years of ‘open’ seating as it overhauls product
Southwest Airlines will end its signature “open” seating model and offer premium seating options as it seeks new revenue sources to address concerns around the business’s performance.
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NewsEVA Air picks GEnx engines for latest 787-10s
Taiwanese carrier EVA Air has chosen GE Aerospace GEnx engines to power four incoming Boeing 787-10 widebodies.
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Airline BusinessWhy are EasyJet and Ryanair expressing such contrasting views on yields and demand?
With airline executives queuing up to report post-Covid ‘normalisation’ trends in yields and demand over the past few months, it comes as something of a surprise to hear a different narrative from EasyJet.
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NewsAirbus confirms Berniq Airways order for A320neo-family jets
Berniq Airways has placed a firm order for six A320neo-family aircraft, Airbus confirmed during Farnborough air show on 23 July.
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NewsTurkish Airlines details roll-out of in-house business-class suites
Turkish Airlines aims to begin rolling out its new business-class suites next year on 777s
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NewsEveryone benefits from Air India no longer being ‘monster in middle’: CEO
Air India chief executive Campbell Wilson insists that the privatisation of the flag carrier means the country’s airlines are better positioned to take advantage of the huge growth potential in India
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Airline BusinessAirlines around the world echo Ryanair’s comments on weaker fares
After Ryanair on 22 July outlined weaker-than-expected fares during its fiscal first quarter, carriers from around the world have confirmed that they are seeing similar trends.
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NewsCebu Pacific eyes ‘attractive markets’ as AirSWIFT talks continue
Cebu Pacific believes that an acquisition of compatriot AirSWIFT would give it access to “very attractive markets” as discussions over a deal continue.
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NewsCebu Pacific selling its two ATR freighters
Cebu Pacific is selling its two ATR freighters as its shifts back to an all-passenger fleet while continuing to serve the cargo market using belly capacity.
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NewsTurkish Airlines close to Boeing order but no Farnborough announcement
Turkish Airlines is close to placing its highly telegraphed order for Boeing aircraft but is not expecting to announce anything at this year’s Farnborough air show.
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NewsAirline chiefs insist SAF feedstock conundrum is solvable
The chief executives of three airlines from around the world have pushed back against suggestions that there will be insufficient raw material to feed the required ramp-up in the production of SAF.
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NewsAirline leaders expect supply-chain challenges to persist for years
Global airline leaders are bracing for supply-chain challenges to last for at least another two years, as manufacturers struggle to meet demand from a growing industry.
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Airline BusinessWeek 30 2024: Farnborough air show and key earnings
This week is a particularly busy one for the global aviation sector, not least because the aerospace industry is gathering in the UK for the Farnborough air show