All Must Read articles – Page 22
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Airline BusinessHow Adrian Neuhauser transformed Avianca into a low-cost competitor
With traffic surging in Latin America, Adrian Neuhauser has turned Avianca into a low-cost operator that draws on the strengths of its network-carrier past
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Airline BusinessStrong Q3 revenue drives airline industry further ahead of 2019 benchmark
The global airline industry exceeded the overall 2019 benchmark index score for the second quarter in a row, as the strong revenue run continued in the third quarter of this year. The overall score of 102 (2019 = 100) marked a rise of one point from the 30 June 2023 ...
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Airline Business‘We went into this with eyes wide open’: Hawaiian CEO on acquisition by Alaska
As the dust settles on arguably the biggest surprise announcement of the year for US commercial aviation, Hawaiian Airlines’ chief executive Peter Ingram says there is probably no better match for Hawaiian than Alaska Airlines.
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NewsLockheed Martin sues F-35 supplier over refusal to deliver titanium components
The F-35 prime contractor alleges ones of its sub-contractors, Pittsburgh-based Howmet Aerospace, breached its contract with Lockheed when the metallic components supplier refused to deliver titanium parts for the advanced stealth jet at previously agreed upon prices.
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NewsIATA raises 2023 profit expectations for airlines to $23bn and sees small rise for 2024
IATA expects the airline industry to post a collective net profit of $23.3 billion for 2023, more than doubling its expectations from six months ago.
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NewsDubai show orders nudge Airbus net total towards 1,400
Emirates’ order for 15 Airbus A350-900s and Air Baltic’s firming of 30 more A220-300s, both revealed at the Dubai air show, helped lift the airframer’s November activity. Airbus also separately secured a deal for 60 A320neos from lessor SMBC Aviation Capital during the month, while British Airways and Aer Lingus ...
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NewsAlaska acquisition of Hawaiian is ‘pro-consumer, pro-competitive’: Minicucci
Alaska Airlines chief executive Ben Minicucci says that the planned acquistion of Hawaiian Airlines will benefit not only the companies, but also employees and consumers, and it was the right opportunity for the Seattle-based company at the right time.
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NewsAnduril unveils drone-killing ‘reusable missile’ designed for mass production
Part aircraft, part munition, the Roadrunner is a lethally-armed, twin-engined jet designed by US defence start-up Anduril to cheaply intercept and destroy high-density aerial threats, including cruise missiles, UAVs and some crewed aircraft – or return to base for refuelling and subsequent flights.
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NewsPratt & Whitney wins sole-source contract for F-35 engine upgrade
Although the Pentagon had already declared its intent to advance the Engine Core Upgrade programme for the F135 engine, the sole-source contract announcement solidifies Pratt & Whitney’s position as the F-35 propulsion supplier for another decade.
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PodcastAirline Business Podcast: Widebody wins in Dubai and air cargo's turbulent descent
In the latest instalment of the Airline Business Podcast – sponsored by Panasonic Avionics – Graham and Lewis discuss the aircraft orders placed at this year’s Dubai air show and what they might mean for capacity growth in the region, particularly when it comes to widebody jets.
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Airline BusinessSunExpress chief on how carrier is stepping up in scale with new Max 10 order
SunExpress’ introduction of larger Boeing 737-10s as part of its new long-term follow-on order for Max jets underlines chief executive Max Kownatzki’s confidence the leisure carrier can continue to ride the Turkish boom which has seen it perform so strongly since the Covid pandemic.
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In depthEmbraer predicts ‘wave’ of E-Jet orders as company continues operational turnaround
Embraer executives say demand for E-Jets is lagging a broader boom for larger aircraft like Airbus and Boeing narrowbodies. Soon, they say, airlines will turn more attention to E-Jets to fill a market-segment gap.
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Airline BusinessBattered but not beaten: air cargo’s turbulent descent from Covid-era highs
Less than two years ago the air cargo sector was still enjoying its Covid-era high, with executives keen to embrace the chance to leverage its elevated status against the struggling passenger side of the industry. But things feel very different as 2023 comes to a close.
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AnalysisAsia-Pacific airlines look to make up for lost time on SAF momentum
A refurbished refinery in Singapore is about to become one of the world’s biggest sources of sustainable aviation fuel, with capacity to produce up to 1 million tons per year.
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In depthLockheed unveils LED-based flight simulator promising significant reduction in training cost
Billed as a generational leap in simulator technology, fighter manufacturer Lockheed Martin says replacing domed projector screens with LED displays in flight simulators will offer better performance, simplified maintenance and significantly reduced operating costs.
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Airline BusinessDubai air show underlines Middle East carrier growth ambitions
While Emirates and Flydubai made headlines with a series of major expansion announcements at the event, the Dubai air show underlined that growth is on the agenda for operators across the region – even those that did not order new metal over this week.
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AnalysisSuppliers seek to renegotiate loss-making contracts with Airbus and Boeing
Aircraft makers are facing increasing pressure to renegotiate discounted supplier contracts that have turned unprofitable amid slow production, high inflation and other post-pandemic business challenges.
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Airline BusinessEtihad chief sees carrier entering third decade with renewed growth opportunity
While Etihad Airways has kept a relatively low profile in terms of aircraft orders at this week’s Dubai air show, the long-awaited opening of a brand-new terminal at its Abu Dhabi home and a renewed growth mandate means the airline is back on the front foot after a period of consolidation
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NewsEthiopian Airlines places follow-on order for Boeing Dreamliners and Max jets
Ethiopian Airlines has placed firm follow-up orders for 11 Boeing 787-9s and 20 737 Max 8s, the latter marking its first commitment for Max jets since the fatal accident in 2019 which prompted the global grounding of the type.
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Airline BusinessWhy start-up Play is not rushing for growth despite reaching profit landmark
Icelandic budget carrier Play turned its first profit in the third quarter after a bright summer, but two and half years into the project, chief executive Birgir Jonsson is making sure the airline does not drift away from the basics