All articles by Lewis Harper – Page 7
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In depthAirline Business Covid-19 recovery tracker: September 2023 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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NewsletterStrong air travel recovery tainted by government capacity caps: IATA
IATA’s latest data for the peak northern hemisphere travel month of July reflects the industry’s continued strong recovery from the Covid-19 pandemic, but it came with a warning about the impacts of government moves to cap capacity at several airports.
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In depthRevenues power airlines above 2019 benchmark despite lagging traffic and capacity
The latest Airline Business Index shows the second quarter of this year was marked by soaring revenue and a jump in passenger numbers, as the industry exceeded the 2019 benchmark index score for the first time since the pandemic.
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AnalysisAirline Business performance tracker: Asia-Pacific Q2 2023
Key data from the most-recent Asia-Pacific earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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AnalysisAirline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsMonarch revival in doubt as funding runs out
An effort to revive UK leisure carrier Monarch Airlines has stalled, barely two weeks since its relaunch was announced.
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NewsletterIs Ryanair right about competition in Germany’s airline market?
Although Ryanair and its chief executive Michael O’Leary have a long history of criticising Lufthansa’s market dominance, the Irish carrier’s latest complaints regarding German airport fees highlight some noteworthy market dynamics in the country at this stage of the Covid-19 recovery.
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NewsNorwegian having ‘one of the best summers ever’ as bookings stay strong
Norwegian is seeing no slowdown in the strong bookings trends it has experienced so far this summer, with its profitable second-quarter performance expected to extend into the current three-month period.
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NewsNorwegian evaluating 737 Max 10 after receiving ‘new information’ on range
Norwegian is “seriously evaluating” converting some of its Boeing options into a 737 Max 10 order, with the variant potentially suitable for destinations such as the Canary Islands and an unannounced new base.
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InterviewHow Peter Foster is keeping Air Astana on a growth path despite post-Covid challenges
Under the long-term leadership of Peter Foster, Kazakhstan’s flag carrier managed to remain profitable last year as it grew above pre-Covid traffic levels, having already moved back into the black in 2021. And its growth is continuing this year
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NewsletterMore signs of airline markets ‘normalising’ as fares soften
While airline executives are not panicking about the outlook, there have been increasing indications of passenger market ‘normalisation’ spreading to more regions, as carriers report fares softening from the highs seen in 2022
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AnalysisAirline Business performance tracker: Americas Q2 2023
Key data from the most-recent Americas earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsPegasus sees post-Covid travel boom ebbing after ‘strong’ second quarter
Pegasus has reinstated its strategic focus on boosting load factors and ancillary revenues as the post-Covid travel boom subsides in the second half of 2023.
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In depthAirline Business Covid-19 recovery tracker: August 2023 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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AnalysisAir cargo grapples with plummeting rates and freighter oversupply fears
The global air cargo market is heading for a potential “winter of discontent” amid rapidly falling rates, softening demand and rising capacity.
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NewsTUI back in profit and confident hotter summers create opportunities
TUI Group has reported its first fiscal third-quarter profit since the Covid-19 pandemic, supported by strong demand and high prices in a European peak travel season that has since been marked by heatwaves and widespread coverage of wildfires in Rhodes
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NewsAir Baltic swings to first-half profit despite A220 engine woes
Air Baltic overcame the impact of around 25% of its own fleet being grounded during the second quarter to report a profitable first half of 2023.
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NewsPakistan earmarks struggling PIA for privatisation
Cash-strapped Pakistan has announced its intention to privatise flag carrier Pakistan International Airlines, as the country works to stabilise its economy.
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InterviewHow agile Air Serbia is finding a profitable growth path
When it comes to examples of airlines exiting the Covid-19 crisis as bigger, more confident operations, Air Serbia is a compelling case, even as it grapples with the capacity constraints that are being felt across the industry.
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NewsletterUS pent-up demand shifts to long-haul at expense of domestic
A curious consequence of the Covid-19 recovery has become apparent during the current earnings season, as domestic-focused US carriers report a stronger-than-expected shift in pent-up demand towards international, long-haul flying.