All articles by Lewis Harper – Page 43
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NewsRyanair outlines plan to reach net-zero CO2 emissions by 2050
Ryanair has outlined how it plans to reach net-zero CO2 emissions by 2050, with sustainable aviation fuel (SAF) having the biggest impact among four “core strategic pillars”.
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Airline BusinessFuel volatility, Covid woes and acquisition talk in busy airline week
If ever a week featured a microcosm of the challenges and opportunities facing the airline industry, this might be it. The past few days saw crude oil – the price of which jet fuel tracks closely – fall back to around $100/barrel, having flirted with $130/barrel at some points over ...
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NewsIAG to secure exclusivity on Air Europa acquisition through loan to Globalia
IAG has agreed to loan Air Europa parent Globalia €100 million ($111 million) over seven years in a deal that gives the pan-European group exclusivity on rights to purchase the Spanish airline.
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NewsHalf of world’s top airline markets free of restrictions for vaccinated travellers: IATA
Half of the world’s top 50 air travel markets are now open to vaccinated international travellers without Covid-19 quarantine or testing requirements, according to IATA, amid increasing momentum towards the relaxation of border controls.
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NewsVolotea to take six more A320s in 2022
Pan-European carrier Volotea will add six more Airbus A320s to its fleet this year as it continues to expand beyond its pre-Covid capacity. The Spain-headquartered airline – which focuses on serving mid-sized European cities – transitioned to an all-Airbus fleet last year following the early retirement of its Boeing 717s ...
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Airline BusinessAirline Business Covid-19 recovery tracker: March 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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Airline BusinessAirlines fret about demand tipping point as costs rise everywhere
There are few things that airlines have been more confident about in recent months than the ‘pent-up’ demand for air travel that would drive the Covid-19 recovery.
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Airline BusinessHow will increased debt change the airline industry?
As airlines emerge from Covid-19 and into cost pressures exacerbated by war in Europe, they face a years-long effort to pay down the debt accumulated to survive the challenges
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NewsGlobal air cargo markets already disrupted by Ukraine conflict: IATA
Global air cargo markets are already feeling the effects of the Russia-Ukraine conflict, according to IATA, although it is too soon to assess the depth of the impact.
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Airline BusinessAirline Business Index shows industry exceeding three-quarters of pre-Covid size
The latest Airline Business Index shows the global airline industry has exceeded three-quarters of its pre-Covid size, driven by rapidly returning passengers and revenue in the fourth quarter of 2021.
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NewsOn International Women’s Day, female CEOs account for 7% of airline total
Seven of the world’s top 100 passenger airlines are led by women, according to FlightGlobal analysis updated to mark International Women’s Day – a total that represents a high point in five years of data.
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Airline BusinessWhere are the 383 Boeing 737 Max jets that had been delivered to airlines in March 2019?
Three years after the global grounding of the Boeing 737 Max fleet began and more than a year into the type’s return to service, there are more than 500 examples undertaking commercial operations around the world.
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NewsAir Baltic exits Russian market indefinitely
Latvian carrier Air Baltic has decided to withdraw from serving Russia “until further notice” as it steps up its strategic response to the military action in Ukraine.
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NewsHow safe were commercial airline flights in 2021?
The commercial airline industry showed improvements in several key safety metrics for 2021, according to IATA, although turboprop operations again significantly lagged the performance of jet flights.
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Airline BusinessAirlines steel for rising costs as Ukraine-Russia conflict brings unwelcome uncertainties
Developments seen over the past few days – whether related to fuel costs, sanctions, airspace restrictions or airport infrastructure in Ukraine – will take some time to resolve, even under best-case scenarios.
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NewsRyanair chief expects ‘no dramatic impact’ on bookings if Ukraine conflict is contained
Ryanair is continuing to guide for a big jump in passenger demand over the next 12 months, although the low-cost carrier’s chief executive acknowledges the downside risks created by the Russian invasion of Ukraine.
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NewsRyanair chief vows carrier will be first to make Ukraine return
The group chief executive of Ryanair insists the low-cost carrier will return to serving Ukraine as soon as the European safety regulator EASA allows, as he voiced strong support for the country’s efforts to repel a Russian invasion.
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NewsIATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
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NewsIAG keen to add widebody aircraft in 2022 amid transatlantic and Latin America recoveries
British Airways and Iberia owner IAG is planning to add 15 widebody aircraft to its fleet in 2022 following a lull in deliveries last year, as it seeks to meet recovering long-haul travel demand.
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NewsAir Europa talking to ‘other European carriers’ about tie-up: IAG chief
Spanish carrier Air Europa is talking to other European carriers about a potential tie-up, according to the chief executive of suitor IAG.