All articles by Lewis Harper – Page 21
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Airline BusinessStrong Q3 revenue drives airline industry further ahead of 2019 benchmark
The global airline industry exceeded the overall 2019 benchmark index score for the second quarter in a row, as the strong revenue run continued in the third quarter of this year. The overall score of 102 (2019 = 100) marked a rise of one point from the 30 June 2023 ...
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Airline BusinessAirline industry looks ahead to another year of capped capacity
For an industry historically known for its tendency towards overcapacity and therefore frequently low-margin operations, the airline sector is uncharacteristically about it enter its sixth year of not being able to fly as much as it would like.
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NewsVirgin Atlantic uses 100% SAF flight to highlight need for production ramp-up
Virgin Atlantic has highlighted the pressing need for investment in sustainable aviation fuel (SAF) production, as one of its Boeing 787s took off on what it describes as the world’s first transatlantic widebody flight to be fuelled by 100% SAF.
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Airline BusinessWhy stakeholders reject assumption hydrogen power will push up air fares
There is a broad assumption in the airline sector that ticket prices are likely to rise as the industry makes its net-zero transition, but some speakers at the Airlines 2023 conference pushed back against that assumption when it comes to hydrogen-powered aircraft.
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Airline Business‘It’s expensive to be small’: Atlantic Airways chief on success without scale
Atlantic Airways chief executive Johanna a Bergi does not equivocate when asked to name the biggest leadership challenge in running a small regional airline in Europe.
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NewsClark still gets ‘real buzz’ from leading Emirates after delaying retirement
Long-serving Emirates president Tim Clark still gets a “real buzz” from the ”herculean project” of running the Middle Eastern giant, years after he delayed his retirement.
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Airline BusinessBattered but not beaten: air cargo’s turbulent descent from Covid-era highs
Less than two years ago the air cargo sector was still enjoying its Covid-era high, with executives keen to embrace the chance to leverage its elevated status against the struggling passenger side of the industry. But things feel very different as 2023 comes to a close.
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NewsHeathrow ‘actively reviewing’ expansion options under new CEO
London Heathrow airport is reviewing its long-term expansion options, including the possibility of building of a third runway.
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Airline BusinessAirline Business Covid-19 recovery tracker: November 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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Airline BusinessLow nose-loading appetite leaves 747-8F as capability’s last stand
Low airline appetite for nose-loading freighters means the Boeing 747-8F is currently on course to be the capability’s swansong in terms of purpose-built commercial aircraft, despite it featuring on around 250 in-service examples today, according to speakers at The International Air Cargo Association’s (TIACA’s) Executive Summit in Brussels.
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Airline BusinessAir cargo leaders look deep into 2024 for demand uptick
Sentiment in the air cargo market continues to trend sharply below Covid-era highs, as rising capacity, lower rates and weak demand trends contribute to a challenging backdrop for the sector.
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NewsIndiGo ramps up mitigation measures as GTF groundings grow
IndiGo is maintaining its full-year capacity guidance as it intensifies mitigation measures in response to news that more of its Pratt & Whitney geared turbofan (GTF)-powered aircraft will be grounded in the coming months.
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NewsIndiGo overcomes seasonal weakness to report profitable second quarter
IndiGo recorded a positive result in its seasonally weakest July-September period for the first time in five years, extending its profitable run to four quarters
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NewsNorwegian extends 737NG contracts to counter Max delays and tight leasing market
Norwegian is signing lease extensions for some of its Boeing 737-800s amid delays in the delivery of 737 Max 8 jets and a tightening market for leased aircraft caused by groundings related to Pratt & Whitney geared turbofans
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Airline BusinessWhy the airline industry’s net-zero effort is likely to push fares higher
More airline leaders are starting to openly acknowlege that the extra costs associated with the industry’s net-zero transition through to 2050 are almost guaranteed to increase in ticket prices for consumers and impact the pace of the sector’s growth.
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NewsNorwegian cuts weight of on-order Max jets as it ‘pushes hard’ on costs
Scandinavian low-cost carrier Norwegian is working on raft of measures to offset the impact of the high-cost environment, including through the removal of certain “add-ons” from its incoming Boeing 737 Max jets.
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NewsNorwegian cautiously positive on booking trends after strong summer
Scandinavian low-cost carrier Norwegian has reported “encouraging” booking trends through to the end of the year, after it achieved its second-highest-ever operating profit during the third quarter.
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Airline BusinessCathay Pacific chair predicts China SAF policy will improve ‘pretty dire’ outlook
The chairman of Cathay Pacific believes China will eventually release a sustainable aviation fuel (SAF) policy that will provide a much-needed catalyst for investment in the nascent sector amid a “pretty dire” outlook for availability today.
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NewsAir France going CDG-only as Orly exit frees space for Transavia expansion
Air France’s recent announcement that it will end domestic flights at Paris Orly airport by 2026 marks what could be the final step towards the Air France-KLM Group having clearly differentiated operations at the Paris capital’s two main airports.
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NewsClarity on Lisbon airport important in TAP bid decision: Air France-KLM chief
Air France-KLM is seeking clarity on plans for new airport capacity in Lisbon, as it considers its involvement in the privatisation of flag-carrier TAP Air Portugal