All articles by Lewis Harper – Page 9
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Airline BusinessTurkish Airlines heads into summer with point to prove
When Turkish Airlines outlined a loss-making first quarter of 2025 on 29 April, it was noteworthy for being the first red profit figures from the operator since the first half of 2021.
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NewsInflation-hit Turkish Airlines reports first quarterly loss since 2021
Turkish Airlines experienced its first loss-making quarter since the first half of 2021 in the first three months of 2025, as high inflation and a weak local currency combined with the impact of a February snow storm to weigh on its earnings.
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NewsIcelandair to end widebody operations in 2029
Icelandair will cease widebody operations when it retires its Boeing 767-300ER fleet in 2029 and instead focus entirely on narrowbodies.
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Airline BusinessAir France-KLM confident on summer as premium demand impresses
When Air France-KLM chief financial officer Steven Zaat described his comments on the USA as the thing “everybody is here to hear about” during the group’s earnings call on 30 April, he reflected the current mood of uncertainty in the global airline market.
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NewsAir France-KLM upbeat on summer despite economic uncertainties
Air France-KLM recorded a “solid” start to 2025 and is positive about the summer outlook, even amid the economic uncertainties created by the actions of the Trump Administration in the USA.
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Airline BusinessFinnair acknowledges limited economic visibility after ‘tough’ first quarter
Finnair had a challenging first three months of 2025 and faces more uncertainty in the current quarter, as it works to keep its earnings on track.
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NewsIndustrial action weighs on Finnair earnings in ‘tough’ first quarter
Finnair saw its losses deepen in the first quarter of 2025 as “prolonged” industrial action by pilots and increased sustainability-linked costs hit its bottom line.
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Airline BusinessUncertainty rules as American is latest US carrier to report domestic weakness
When American Airlines executives discussed the operator’s first-quarter 2025 earnings on 24 April there was one word that kept being repeated over and over in the context of the US economy: uncertainty.
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NewsAmerican Airlines cites ‘uncertainties’ as it withdraws full-year guidance
US major American Airlines has withdrawn its full-year guidance as it grapples with economic uncertainties emanating from its home country.
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Airline BusinessQ4 2024 report for benchmark Latin American airlines
Full fourth-quarter results from Airline Business’s benchmark airlines in the Latin America region show them recording lower profitability year on year in US dollar terms, as currency issues in particular weighed on the aggregate data.
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NewsQatar Airways, IAG and MASkargo plan joint freight business
Qatar Airways Cargo, IAG Cargo and Malaysia Airlines’ MASkargo intend to form a global joint freight business under plans announced on 22 April.
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Airline BusinessWeek 17 2025: Potential recession weighs on US outlook
This week is a busy one for US airline earnings, with three of the biggest players set to outline their performances for the January-March period – and their outlooks amid the uncertainties created by the policies of the Donald Trump administration
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Airline BusinessFull-year 2024 report for benchmark Asia-Pacific airlines
Full-year 2024 data for Airline Business’s benchmark airlines in Asia-Pacific shows the region’s carriers essentially matching 2023’s operating profit and falling slightly short at a net level, in a year that started and ended with improved quarterly results
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Airline BusinessFull-year 2024 performance report for benchmark European airlines
Full-year 2024 data for Airline Business’s benchmark airlines in Europe shows the region’s carriers falling short of 2023 profitability, albeit the gap was reduced as fortunes improved in the second half of the year and their results were significantly ahead of 2019 earnings.
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Airline BusinessAir cargo players watch on nervously as Trump upends world trade
While trade tensions and their consequences could have a significant impact on passenger and cargo markets, it is the latter that stand most immediately exposed to US President Donald Trump’s ‘Liberation Day’ announcements.
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Airline BusinessMichael O’Leary on Boeing quality, Max 10, fares, and ‘fat, dumb and happy’ peers
A year on from Michael’s O’Leary’s complaints about finding “spanners under floorboards” in Ryanair’s new Max jets, and the airline’s group chief executive is feeling more upbeat about Boeing’s progress.
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Airline BusinessFull-year 2024 performance report for benchmark North American airlines
Full-year 2024 data for Airline Business’ benchmark airlines in North America shows the region’s carriers falling short of 2023 and 2019 profitability, albeit the gap was reduced during the second six months of the year.
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Airline BusinessWhy Europe’s airline leaders are fretting about ‘competitiveness’
When the leaders of Europe’s largest airlines gathered in Brussels on 27 March for the annual A4E Aviation Summit, it quickly became clear what this year’s buzzword would be: competitiveness.
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NewsEurope’s airlines clash with EU over feasibility of 2030 SAF targets
Europe’s biggest airlines have jointly claimed that the European Commission’s sustainable aviation fuel (SAF) mandates for 2030 are unachievable based on current production levels.
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NewsBA owner to take financial hit in ‘tens of millions’ from Heathrow shutdown
British Airways owner IAG expects to take a financial hit in the “tens of millions” of euros from the complete shutdown of Heathrow airport for the best part of a day on 21 March.