All Networks articles – Page 51
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Airline BusinessAirline Business Covid-19 recovery tracker: May 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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NewsFrankfurt airport operator sees full year profits after improved first quarter
Frankfurt airport operator Fraport expects a group net profit for the full year as it sees passengers at the German hub reaching up to 65% of pre-crisis levels in 2022 and “dynamic” growth across its wider airport portfolio.
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Airline BusinessRyanair’s director of sustainability on SAF, Max, offsets and ensuring ‘the polluter pays’
European low-cost giant Ryanair has not always been known for its commitment to environment issues, but group chief executive Michael O’Leary’s conversion to the cause in recent years has come alongside an effort to put sustainability at the forefront of its strategy.
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NewsBreeze introduces routes in the western USA
Breeze Airways is adding the Salt Lake City area to its route map as it launches flights within the western USA.
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NewsBritish Airways trims capacity plan to tackle operational challenges
IAG expects to operate 80% of pre-crisis capacity across this year, less than the 85% it had originally targeted after British Airways scaled back its planned flights this summer in a bid to make its operations more resilient.
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Airline BusinessHas the golden age of Chinese air travel come to an end?
For three decades it has been an article of faith that China is the future of the world’s airline and aviation businesses, but trends suggest a darker path ahead.
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NewsLufthansa Group looks to strong summer demand as fuel costs bite
Lufthansa Group’s overall results improved in the first quarter, although rising fuel costs held back the recovery of its passenger airline business during the first three months of the year.
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NewsAir France-KLM projects summer profit after cutting first quarter loss
Air France-KLM Group expects to break even at the operating level in the second quarter and to be “significantly positive” in the third after reporting strong recovery signs in the first three months of the year despite the impact of Omicron and the Ukraine crisis.
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Airline BusinessEmirates at epicentre of airframer widebody woes
For Emirates Airline, being a key driver of new and existing widebody programmes has long been a double-edged sword, with recent issues at airframers leaving it particularly vulnerable to several unfavourable developments.
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NewsPobeda granted clearance to open Iranian service
Aeroflot Group’s budget carrier Pobeda has obtained permission to operate services to Iran from Russia’s civil aviation regulator. Pobeda will be permitted to fly twice-weekly between Moscow and Tehran, according to the decision disclosed by federal air transport authority Rosaviatsia. All Pobeda flights are conducted with a fleet of Boeing ...
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Airline BusinessWhy sparks are flying over airport charges post-pandemic
While airlines and airports found common ground during the pandemic in pressing for the lifting of restrictions, the fractious debate over future pricing at Heathrow underlines the wider financing challenges ahead for an industry on its heels from two years of losses but with a long-term capacity crunch still on the horizon
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NewsApril traffic marks Ryanair’s busiest month since August 2019
Ryanair underlined the strength of its recovery in activity by carrying 14.2 million passengers and reporting load factors of over 90% in April, marking the low-cost carrier’s busiest month since August 2019.
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Airline BusinessIcelandair chief on Covid recovery, Max jets, 757s, cargo and competition
With the group restructured during the pandemic, Icelandair under Bogi Nils Bogason is emerging as a streamlined, aviation-focused business with a decision ahead on its future fleet
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NewsSpirit board rejects acquisition by JetBlue, moves ahead with Frontier combination
Spirit Airlines has rejected an acquisition proposal from JetBlue Airways, saying its board of directors favours a competing proposal under which Frontier Airlines would acquire the budget carrier.
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NewsUS regional airline Tailwind adds seaplane flights to Provincetown
US floatplane operator Tailwind Air is expanding this summer with seasonal flights from Boston Harbor to Provincetown on Cape Cod.
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NewsAvelo may expand eastern US network to Wilkes-Barre/Scranton
Avelo Airlines may expand its eastern US network to include Wilkes-Barre/Scranton iInternational airport, about 115 miles (xxxkm) north of Philadelphia.
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NewsNorse Atlantic opens bookings with JFK route starting mid-June
Scandinavian start-up Norse Atlantic Airways has commenced ticket sales for transatlantic services, with the initial flight from Oslo to New York JFK set to take place on 14 June. Norse Atlantic will also open flights to Los Angeles, Orlando and Fort Lauderdale. It says the beginning of ticket sales “marks ...
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Airline BusinessIsolation from West creates long list of challenges for Russian airlines
Russia’s airline industry is continuing to adjust to the impact of its home country’s invasion of Ukraine, with this week seeing more developments that suggest it will be fundamentally changed for the foreseeable future.
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NewsRussia’s Aeroflot suspended from SkyTeam alliance
Aeroflot has had its membership of global alliance SkyTeam temporarily suspended amid the continued fallout of global sanctions impacting the country’s operators following Russia’s invasion of Ukraine.
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NewsUnited marks ‘historic’ transatlantic expansion
United Airlines will ramp up its transatlantic schedule this summer by introducing six new destinations and reinstating 18 routes in Europe and the Middle East, marking what the Star Alliance carrier calls its biggest expansion in history.