All articles by Lewis Harper – Page 25
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NewsFinnair swings to profit in Q2 citing adjustment to Russia airspace closure
Finnair has reiterated its guidance for a stronger-than-expected full-year performance, saying its positive second-quarter results reflect its successful adjustment to the closure of Russian airspace.
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Airline BusinessAirline Strategy Awards recipients reflect resurgent industry
The Airline Strategy Awards, which were held in London on the evening of 16 July, came with the global industry at a point where traffic and capacity are about to reach parity with 2019 levels after a painful few years for most carriers.
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NewsO’Leary among Ryanair team in Ukraine for Boryspil airport meeting
Three Ryanair executives, including group chief Michael O’Leary, were in Ukraine on 20 July to visit the country’s largest airport and reiterate the low-cost carrier’s intention to make a speedy return to the country once safe operations are possible.
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NewsTurkish Airlines establishes subsidiary to run AnadoluJet
Turkish Airlines has formally established a wholly-owned subsidiary to run low-cost operation AnadoluJet.
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NewsFormer Atlas Air chief takes finance role at FedEx
Former Atlas Air Worldwide chief executive John Dietrich is to join FedEx as chief financial officer on 1 August.
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Airline BusinessAirline Business Covid-19 recovery tracker: July 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 BusinessThe Airline Strategy Awards 2023: winning stories
Alaska Airlines’ Ben Minicucci, Pegasus’ Guliz Ozturk and Singapore Airlines’ Goh Choon Phong were among those recognised at this year’s Airline Strategy Awards on 16 July in London, alongside former American Airlines chief executive Doug Parker.
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Airline BusinessEyes on winter outlook with airlines set for record-breaking Q2 earnings
The airline earnings season got under way today as Delta Air Lines announced its financials for the three months to the end of June.
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NewsAir Baltic flags highest-ever first-half revenue
Air Baltic saw its highest-ever first-half revenue this year, according to guidance released on 13 July.
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NewsWalsh calls on politicians to address ‘unacceptable’ ATC issues as traffic peaks
IATA director general Willie Walsh has called on politicians to resolve issues with ATC performance in the USA and Europe, as fears over peak-season travel disruption become reality in some cases.
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NewsFernandes to focus on AirAsia and digital push after ending football interest
Capital A chief executive Tony Fernandes has sold his interest in English football club Queens Park Rangers in order to focus on AirAsia and its associated units.
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NewsEasyJet blames ATC delays as it cancels 1,700 summer flights
EasyJet has cancelled around 1,700 flights from its summer schedule, blaming European airspace and ATC challenges.
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NewsGlobal airline passenger traffic closes to within 4% of pre-Covid levels
Global airline passenger traffic was at 96.1% of 2019 levels in May this year, as the industry neared parity with pre-Covid levels of demand after three years of deficit.
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Airline BusinessAirlines need to prepare for more extreme weather events
It is noteworthy how the recent challenges have been accompanied by a rising tide of studies and reports suggesting that the world will need to brace for more extreme weather events, as a result of global warming.
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NewsNorwegian to buy compatriot Wideroe
The move comes after the two Norwegian carriers signed a letter of intent in July last year to ”closely co-operate in a number of areas in the future”.
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Airline BusinessGrand statement from India’s airlines at Paris air show
This week’s Paris air show saw the Indian airline market take more steps towards the much-desired maturity that will enable its carriers to capitalise on the country’s growth potential, as they dominated proceedings with firm orders for more than 1,000 jets.
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NewsEmbraer eyes freighter conversion line in China as it reveals E-Jet P2F deal
Embraer signed a letter of agreement with Lanzhou Aviation Industry Development Group for 20 E-Jet passenger-to-freighter (P2F) conversions at the Paris air show on 21 June, in a deal that could see it establish a conversion facility in China.
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NewsAzul orders three more ATR 72-600s
Brazilian carrier Azul will take three more ATR 72-600 turboprops under a firm order announced at the Paris air show on 20 June.
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NewsLuxair becomes European launch customer for Boeing 737 Max 7
Luxembourg’s flag-carrier Luxair ordered four Boeing 737 Max 7 twinjets at the Paris air show on 21 June, becoming the European launch customer for the variant.
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NewsCyprus Airways to lease two A220s
Cyprus Airways will take delivery of two A220-300 twinjets by the end of June, following the signing of a long-term deal with Air Lease.