All articles by Lewis Harper – Page 36
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NewsBA and Qatar Airways significantly expand scope of joint business
British Airways and Qatar Airways have announced the expansion of their joint business to include dozens of countries from their respective networks. The 26 September announcement marks the realisation of a plan first announced in December last year and expands an existing joint business covering connections between Doha and London. ...
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Airline BusinessWhy ICAO Assembly is crucial for aviation’s decarbonisation effort
Airlines and airports say governments must use the 41st ICAO Assembly – which begins this week in Montreal – to formally commit to targets that support the commercial aviation industry’s decarbonisation timeline.
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NewsTransavia France to debut A320neo in 2023 as fleet expands
Transavia France will expand its fleet by 10 aircraft for the 2023 summer season, as the Air France-KLM unit plots growth into markets including Turkey.
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Airline BusinessFedEx outlook fuels concern over air cargo prospects
The bleak economic outlook provided by FedEx at the end of last week served as a reminder to the airline industry that the Covid-era cargo boom is vulnerable to global uncertainties. A $500 million revenue shortfall at air delivery service FedEx Express for the quarter ending 31 August came after ...
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NewsAir Arabia to launch joint-venture carrier in Sudan
Air Arabia Group has announced plans to launch an airline in Sudan via a joint venture with local conglomerate DAL Group. To be based at Khartoum International airport, Air Arabia Sudan will operate a fleet of “new Airbus A320 jets” and will adopt the low-cost business model operated by Air ...
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Airline BusinessWar, not pandemic, creates ‘new normal’ for airline industry
While many of the adjustments made by airlines during the Covid-19 crisis would once have been unthinkable, the industry that is emerging from the pandemic looks quite a lot like the 2019 one. War, on the other hand, is forcing some fundamental rethinks
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Airline BusinessPegasus chief Ozturk sets diversity example as carrier plots international growth
The Turkish budget airline’s recently appointed chief executive is passionate about improving gender diversity in the industry – and leading the operator’s international expansion
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Airline BusinessWizz Air helps to kick-start Saudi Arabia’s aviation powerhouse ambitions
Kingdom will welcome low-cost services from European operator as part of effort to create huge commercial aviation hub
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Airline BusinessAirlines adapt to consequences of Russia-Ukraine war
This week has seen a string of announcements relating to the impact of Russia’s invasion of Ukraine.
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Airline BusinessThe two unusual phenomena faced by airlines as headwinds strengthen
IATA retains a positive industry outlook despite acknowledging a long list of industry headwinds – including a couple that are unfamiliar to the sector
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Airline BusinessAirline Business Covid-19 recovery tracker: September 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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NewsEmirates to resume some Nigeria flights after partial release of blocked funds
Emirates will resume some of its Nigeria services from 11 September, after the country’s central bank released a portion of blocked airline revenue from ticket sales. Emirates said in mid-August that it was suspending services to the country from 1 September because of what it called “our ongoing challenges in ...
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NewsEthiopian Airlines sees near-doubling of full-year profit to $937m: state fund
Ethiopian Airlines Group achieved a net profit of $937 million during its financial year to 30 June 2022, according to its home country’s sovereign wealth fund, with cargo accounting for more than half of the group’s revenue.
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Airline BusinessRyanair’s Italian surge will be headache for ITA Airways owners
If a consortium comprising Certares, Air France-KLM and Delta Air Lines eventually takes control of Alitalia successor ITA Airways, it will have much ground to make up in the short-haul sector in particular.
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NewsRyanair chief denies saying cheap fares are thing of past
Ryanair group chief executive Michael O’Leary says he was “somewhat misquoted” in a series of recent news articles that suggested he believed the “era of cheap air fares” had come to an end.
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NewsWizz Air predicts ‘long-term’ Saudi role as it connects nine more European points
Low-cost carrier Wizz Air has announced a string of new routes between Europe and Saudi Arabia as it seeks to play its part in the kingdom’s ambitions to expand its aviation sector.
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Airline BusinessSlower restart fails to protect Qantas and ANZ from operational woes
This week’s earnings commentaries from two of the airlines most affected by travel restrictions during the Covid-19 crisis show how all corners of the industry are vulnerable to operational challenges.
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Airline BusinessAirline Business Index surges towards 2019 baseline as travel demand returns
The latest Airline Business Index shows the global airline industry’s progress towards its pre-Covid size accelerated rapidly during the second quarter of 2022, as revenues in particular surged alongside passenger numbers.
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NewsTAP sees strong summer recovery but ‘uncertain prospects’ going into 2023
TAP Air Portugal claims to be recovering “more rapidly than its peers” from the Covid-19 crisis, while also acknowledging that its future health depends on execution of its restructuring plan amid a long list of headwinds. Announcing its second-quarter results on 23 August, the Lisbon-based carrier said that revenues of ...
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NewsRyanair upgrades full-year traffic forecast after BA’s winter cuts
Ryanair has upgraded its full-year traffic forecast to 166.5 passengers, from 165 million, as it announced extra capacity on its UK services for the coming winter season.