Networks – Page 23
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AnalysisAirlines steel for rising costs as Ukraine-Russia conflict brings unwelcome uncertainties
Developments seen over the past few days – whether related to fuel costs, sanctions, airspace restrictions or airport infrastructure in Ukraine – will take some time to resolve, even under best-case scenarios.
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Russian airspace crisis prompts Finnair to open talks on bringing back furloughs
Oneworld carrier Finnair is to hold talks with unions over the possibility of furloughing flightcrew for up to 90 days in response to the disruption caused by the closure of Russian airspace.
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Ryanair chief expects ‘no dramatic impact’ on bookings if Ukraine conflict is contained
Ryanair is continuing to guide for a big jump in passenger demand over the next 12 months, although the low-cost carrier’s chief executive acknowledges the downside risks created by the Russian invasion of Ukraine.
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Ryanair chief vows carrier will be first to make Ukraine return
The group chief executive of Ryanair insists the low-cost carrier will return to serving Ukraine as soon as the European safety regulator EASA allows, as he voiced strong support for the country’s efforts to repel a Russian invasion.
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Wizz outlines impact of Ukrainian situation on its network
Central European budget carrier Wizz Air expects a 7% reduction on flights within its network during March, as a result of the situation in Ukraine. But the airline says its projected operating loss for the full year – which concludes on 31 March – will be “materially consistent” with previous ...
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US to close airspace to Russian aircraft
The US government will close its airspace to Russian aircraft in response to Russia’s invasion of Ukraine
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Frontier to add crew base in Phoenix in November
Frontier Airlines plans to open a crew base in Phoenix later this year as it expands its reach ahead of a planned merger with US ultra-low-cost carrier (ULCC) rival Spirit Airlines.
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IATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
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Finnair faces significant Asian network impact from airspace closures
Finnair is working on cost-saving and traffic contingency plans, as it warns of potential significant financial impact from closure of Russian airspace to its flights. Russian overflights are important to European operators serving routes to the Asia-Pacific region, and Finnair has a strong dependency on Asian routes, having followed a ...
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Delta withdraws codeshare with Aeroflot
Delta Air Lines has cut ties with its alliance partner Aeroflot after the Russian military invaded Ukraine earlier this week
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Batch of remedial TAP slots at Lisbon formally offered to other airlines
Portuguese carrier TAP is offering a batch of slots at Lisbon airport to other airlines as part of financial restructuring measures agreed with the European Commission. The slots are the subject of a new request for proposals from a Commission monitoring trustee, which is offering up to 18 daily slots ...
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CMA CGM seeks to open transatlantic freighter services to US cities
French logistics firm CMA CGM’s new air cargo operation is seeking authorisation to open transatlantic services to US destinations early this year. The company disclosed a year ago that it was establishing its own air freight division, CMA CGM Air Cargo, and has since recruited Air Belgium to operate Airbus ...
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FAA bans US aviation interests from flying over Ukraine, Belarus and western Russia
The Federal Aviation Administration has banned US aviation interests from flying over Ukraine, Belarus and parts of western Russia after Russia invaded Ukraine in an attack overnight.
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UK bans Aeroflot as part of sanctions response to Ukraine invasion
Russian carrier Aeroflot has been banned from UK airpace as part of measures disclosed by the country’s prime minister Boris Johnson today in response to the invasion in Ukraine.
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Analysis
Atlanta leads US airport passenger traffic revival in 2021, but wider picture still mixed
Few metrics reflect the unevenness and ongoing challenges the pandemic has continued to present the sector more evidently than airport passenger numbers.
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Analysis
What 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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Singapore Airlines posts first quarterly profit since pandemic
Singapore Airlines Group posted a net profit of S$85 million ($63 million) for the three months ending December 2021, as the opening of international travel lanes during the quarter helped it out of the red for the first time since the pandemic.
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Heathrow incurs more heavy losses in 2021 but eyes Terminal 4 summer reopening
London Heathrow Airport’s operator is working with airlines on reopening Terminal 4 this summer as demand picks up after depressed passenger numbers – the hub’s lowest figure for 50 years – contributed to a pre-tax loss of £1.8 billion ($2.4 billion) in 2021.
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SAS to put greater focus on leisure in post-pandemic recovery
Scandinavian carrier SAS will put a greater emphasis on the leisure segment as it adjusts its network in line with the emerging post-pandemic market dynamic.
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China’s ‘Big Three’ paint mixed picture of January domestic traffic
China’s three largest carriers reported mixed domestic traffic results in January, as the Omicron variant of the coronavirus damps air travel demand.
