All articles by Lewis Harper – Page 3
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NewsletterRegulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
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NewsEgyptAir sells entire A220 fleet to lessor Azorra
EgyptAir has sold its entire Airbus A220-300 fleet to lessor Azorra, which will market them to other carriers.
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NewsVolotea plans to grow fleet and network after ‘historic margins’ in 2023
Spanish carrier Volotea is aiming to add three or four aircraft to its fleet in 2024 as it looks to continue on a growth trajectory that has powered it significantly beyond its pre-Covid offering.
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NewsFull-year data puts airlines on track to exceed pre-Covid traffic in 2024
Global airline passenger traffic was at 94.1% of 2019 levels in 2023, according to annual data from IATA, as an improving trend through most of the year put the industry within touching distance of pre-Covid demand.
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NewsAir Serbia resumes codeshare with former stakeholder Etihad
Air Serbia and Etihad Airways have announced the restoration of a codeshare partnership, two months after the latter ended its equity involvement in the Belgrade-based carrier.
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AnalysisWhy growing Ryanair expects European short-haul capacity to fall this summer
Ryanair believes that European short-haul capacity will be down year on year in the coming summer season, leaving it significantly below pre-Covid levels, in a development that will support higher fares.
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NewsLessor Avolon predicts aircraft undersupply through to end of decade
Avolon has predicted that structural undersupply of aircraft will endure until the end of the decade, as the impact of the pandemic and struggles to ramp-up production weigh on availability for years to come.
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NewsletterWhat does Red Sea shipping crisis mean for air cargo?
When discussing the air cargo sector’s fortunes in recent months, the advice for anyone of a nervous disposition was often to “look away now”.
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AnalysisHow is Wizz Air handling impact of Middle East war and GTF groundings?
Few airlines in Europe were more exposed to two of the industry’s biggest headwinds in the final three months of 2023 than Wizz Air.
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NewsRoyal Jordanian receives first two E195-E2s
Royal Jordanian has taken delivery of its first two Embraer 195-E2 aircraft from a commitment for eight of the regional jet family.
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NewsWizz Air swings to loss in ‘tricky’ final quarter of 2023
European budget carrier Wizz Air swung to a net loss in the October-December 2023 quarter, as geopolitical and supply chain challenges weighed on its financial performance.
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NewsEasyJet loses more than £40m to Middle East war but confident on summer
EasyJet reports bookings and yields for its key summer season are trending higher year on year, after its losses during the October-December quarter were exacerbated by the Israel-Hamas war.
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NewsNorwegian expects full-year profit to beat forecast
Scandinavian carrier Norwegian expects to exceed the range it had forecast for its full-year operating profit, partly thanks to stronger-than-expected travel demand in November and December.
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AnalysisWhy United chief Kirby is unfazed by more operational and cost pressures in 2024
United Airlines chief executive Scott Kirby reflected during the carrier’s earnings call on 23 January that he mostly called 2023 right.
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NewsUnited Airlines removes Max 10 from fleet plan over expected delay
United Airlines has removed the Boeing 737 Max 10 from its fleet plan and is looking at “alternate options”, as the impact of the recent in-flight loss of a door plug on an Alaska Airlines Max 9 potentially spreads to other variants.
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NewsBen Gurion airport traffic hit hard by Israel-Hamas war
The latest traffic data for Ben Gurion International airport reflects the significant impact of the Israel-Hamas war on airline connectivity at Tel Aviv, despite the airport remaining open since the conflict began.
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NewsRyanair and Transavia among growing list of airlines making Tel Aviv return
Ryanair and Transavia France are among carriers to have announced in the past few days that they will resume flights to Tel Aviv on 1 February, as more operators reverse the suspension of operations that followed the outbreak of war between Israel and Hamas.
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NewsletterWhat next for JetBlue and Spirit after collapse of deal?
Whatever comes next, the court’s assertion that the ruling represents a “victory for consumers” will be tested
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NewsGol says capital restructuring path still undecided amid Chapter 11 report
Brazilian low-cost carrier Gol has responded to a report linking it to a Chapter 11 filing by stating that it is continuing a review of its capital structure.
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In depthAirline Business Covid-19 recovery tracker: January 2024 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.