All articles by Lewis Harper – Page 32
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Airline BusinessCan the airline industry convince sceptics that it is a friend of the environment?
While there was relief among airlines in October when ICAO adopted a long-term aspirational goal (LTAG) of net-zero carbon emissions from air transport by 2050, the deal concurrently upped the ante for everyone involved.
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Airline BusinessUnited places another bumper order under ambitious Kirby
United Airlines’ huge order for Boeing aircraft this week is another statement of intent from the carrier under the leadership of Scott Kirby.
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PodcastAirline Business Podcast: IATA profit hopes, Heathrow, Virgin, A380, United order and Air India
Graham and Lewis discuss IATA’s recent financial forecast for 2023, while also delving into tension over charges at Heathrow, Virgin Atlantic’s strategy, the surprise return of more A380s, and United Airlines’ bumper Boeing order
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NewsStrong end to 2022 prompts Lufthansa Group to raise full-year profit forecast
Lufthansa Group has raised its full-year operating profit forecast to around €1.5 billion ($1.6 billion), as the final months of 2022 exceed expectations.
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NewsFinnair extends repayment of €600m loan amid business restructuring
Finnair has extended the period over which it will repay a largely state-guaranteed loan, as it seeks to shore-up its financial position amid the impact of its exclusion from Russian airspace.
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Airline BusinessAirline Business Covid-19 recovery tracker: December 2022 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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NewsEU ETS reforms upset Ryanair but draw mixed reaction from airline bodies
A provisional agreement on reform of the European Union’s Emissions Trading Systems with regards to aviation has prompted a mixed reaction from airlines.
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NewsVirgin Atlantic livid as UK regulator details interim Heathrow price cap
The UK Civil Aviation Authority has published proposals for an interim price cap on passenger charges at Heathrow airport for 2023, prompting a predictable backlash from airlines including Virgin Atlantic.
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NewsIATA chief doubts single-pilot operations will be seen soon, ‘if ever’
The director general of airline association IATA believes the debate over single-pilot operations in commercial aviation will continue for many years, with no certainty that such practices will ever be adopted by airlines.
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Airline BusinessIATA’s airline profit forecast comes with downside risks
When global airline association IATA held its first in-person Global Media Day for three years this week, it was able to offer more good news on the industry’s progress out of the Covid-19 crisis.
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NewsMadagascar Airlines to lease three Embraer E190-E2 jets
Madagascar Airlines is to take three Embraer E190-E2 jets from lessor Azorra, an executive from the airframer said on 7 December.
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Airline BusinessRazor-thin airline industry profit projection for 2023 reflects complex web of factors
It is not for nothing that IATA director general Willie Walsh described the challenges faced by airlines going into 2023 as “complex”.
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NewsIATA cites importance of post-war return to Russian airspace for all airlines
A post-war reopening of Russian airspace is an important target for the airline industry, given the congestion and competition concerns created by the current situation, in the view of IATA director general Willie Walsh. Speaking during a media briefing on 6 December, Walsh explained that congestion over Europe is being ...
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NewsShortage of airframe and engine spares ‘worse than I realised’: IATA chief
IATA director general Willie Walsh has warned that a shortage of airframe and engine spares could weigh on the airline industry’s recovery in 2023.
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NewsIATA forecasts global airline industry will return to profit in 2023
The global airline industry is forecast to achieve a net profit of $4.7 billion in 2023 as the recovery from the Covid-19 crisis continues, according to IATA. That would mark the industry’s first positive result since the pandemic hit in 2020, with airlines on course for a loss of $6.9 ...
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NewsUK aviation calls for bigger role in economic growth planning amid Brexit pain
Key stakeholders in the UK’s air transport industry have lamented the impact of Brexit as they urged the government to put the sector at the centre of growth plans for the wider economy.
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NewsRwandAir takes delivery of first freighter
Central African carrier RwandAir has taken delivery of its first dedicated freighter as it seeks to expand its cargo operations.
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NewsVirgin Atlantic attaches new conditions to support for third Heathrow runway
Virgin Atlantic is now attaching conditions to its support for the building of a third runway at London Heathrow airport, having previously been “unequivocal” in its backing of the idea.
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Airline BusinessHas air cargo embraced digitalisation during its moment in the sun?
Having long lagged the passenger industry when it comes to digitalisation, the cargo sector might have seen its best opportunity to change that, thanks to its elevated post-pandemic status
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Airline BusinessMalaysia Airlines’ sustainability chief on ‘seismic’ decisions ahead – and leading Firefly
As the chief sustainability officer of an airline group and leader of a low-cost carrier, Philip See has a unique perspective on the net-zero push