All articles by Lewis Harper – Page 44
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NewsBA cancels Moscow flights and re-routes Singapore and Delhi services around Russian airspace
British Airways has cancelled its Moscow flight and will reroute its Asia services to avoid Russian airspace, as the impact of Russia’s invasion of Ukraine reverberates through the airline industry.
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NewsIAG reports ‘strong recovery’ as it forecasts full-year capacity at 85% of 2019
British Airways and Iberia owner IAG expects to operate 85% of 2019 capacity this year, as it reports improving financial performances across its airlines.
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Airline BusinessWhat impact will Russian invasion of Ukraine have on the airline industry?
Russia’s full-scale invasion of Ukraine comes with the commercial aviation market already in a delicate stage of recovery.
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InterviewSITA chief on how Covid-19 renewed the air transport sector’s appreciation of technology
Industry-owned IT provider SITA says shareholders have been keen to retain investments in product development, with an eye on short- and long-term benefits.
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NewsAir France-KLM could participate in Italian consolidation as it eyes Milan Linate growth
Air France-KLM has not ruled out participating in consolidation in the Italian market, despite conditions relating to the company’s Covid-19 state aid putting a block on acquisition moves.
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NewsKLM chief relaxed on challenges posed by switch from Boeing to Airbus narrowbodies
KLM has time to prepare for the introduction of Airbus narrowbodies into its fleet, chief executive Pieter Elbers said today, and will take learning points from other carriers who have been through similar transitions.
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NewsAir France-KLM saw long-haul recovery continue in December despite Omicron
Demand for long-haul travel continued to improve through to the end of 2021, according to Air France-KLM, even as the Omicron variant of Covid-19 prompted the introduction of further travel restrictions.
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News‘Big surprise’ from Air France-KLM as it beats pre-Covid profit in fourth quarter
Air France-KLM’s cost-cutting and restructuring efforts helped it achieve a fourth-quarter 2021 operating profit ahead of that recorded in the same period of 2019.
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NewsHeathrow laments ‘Omicron hangover’ but softening of travel restrictions brings hope
London Heathrow airport continued to see the impact of the Omicron variant of Covid-19 during January, despite the UK dropping additional travel restrictions a few days into the month.
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Airline BusinessDoes Frontier-Spirit merger herald wider airline consolidation trend?
The unique circumstances around the Frontier Airlines-Spirit Airlines merger mean it is debatable whether it has anything to say about prospects for wider consolidation in the global airline industry.
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NewsBusy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.
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NewsTUI expects summer 2022 demand to be near pre-Covid levels
European leisure group TUI expects its summer 2022 demand to be close to pre-crisis levels as the Covid-19 recovery gathers momentum in key markets.
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Airline BusinessWhy has Turkish Airlines’ share price rocketed in recent months?
While the majority of global airline groups tracked by FlightGlobal have yet to see their share prices return to anything like pre-Covid levels, Turkish Airlines is a different story.
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Airline BusinessAirline Business Covid-19 recovery tracker: February 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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NewsEuropean industry hails ‘Toulouse Declaration’ as aviation sustainability breakthrough
Stakeholders from the airline, airports and aerospace industries have all expressed their support for the so-called ‘Toulouse Declaration’ on sustainability that was signed during a meeting of EU transport ministers today.
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NewsIndiGo swings to net profit in final quarter of 2021 but Omicron hits new-year demand
Indian low-cost carrier IndiGo swung to a net profit in the three months to 31 December 2021, ending a series of loss-making quarters as the Covid-19 recovery gathers pace.
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NewsVinci expects airports to hit break-even this year after tough 2021 for Gatwick and Japan
Multinational infrastructure firm Vinci expects its airports business to reach break-even on a net basis in 2022, if the public health situation continues to improve. The company – which has 53 airports across 12 countries in its portfolio – says passenger numbers will recover to “around 60%” of 2019 levels ...
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Airline BusinessBoeing 737 Max programme enjoys better news after order setbacks
Boeing’s 737 Max programme has enjoyed a much-needed period of positive news following an inauspicious end to 2021 that saw Air France-KLM and Qantas place significant narrowbody orders with Airbus.
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Airline BusinessAirbus tension, Air Italy and Covid: how Qatar Airways’ first 737 Max order hit the buffers
Qatar Airways’ signing of a letter of intent for up to 50 Boeing 737 Max 10 jets on 31 January does not mark the first time the Middle Eastern carrier has looked to Seattle for narrowbodies amid tensions with Airbus.
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NewsUkraine-Russia tensions already priced into airspace restrictions: IATA
The tensions on Ukraine’s border with Russia are unlikely to have an impact on international airline services, according to IATA, given that commercial carriers already avoid overflying the airspace.