Networks – Page 23
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NewsStrong demand recovery helps SIA Group to record quarterly profit
A bullish Singapore Airlines Group smashed its earnings record for the fiscal third-quarter on the back of “robust” demand recovery, posting an operating profit of S$755 million ($564 million), its highest ever quarterly profit.
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NewsRoyal Jordanian expands network as fuel costs weigh on full-year results
Royal Jordanian Airlines is looking to expand its network, as it seeks to reverse full-year net losses of more than JD79 million ($111 million). The Middle Eastern carrier attributes the performance – worse than the previous year’s JD74.3 million – to higher fuel prices, which accounted for a near-JD98 million ...
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NewsKorean Air-Asiana competition investigation focuses on four Seoul-EU routes
Korean Air’s proposed merger with Asiana is to be scrutinised by European Union regulators concerned that the tie-up will reduce or eliminate competition on Korean-European routes. The European Commission is opening an in-depth investigation which will focus on four particular connections from Seoul. Korean Air and Asiana both operate to ...
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NewsAzul to launch Sao Paulo-Paris flights in April
Brazil’s Azul plans to launch non-stop flights to Paris, its second continental European destination, from Sao Paulo in late April.
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NewsAir France-KLM cites relief from ‘astronomical’ Russian fees as it ramps up China capacity
The “astronomical” charges imposed by Russia to overfly the country mean Air France-KLM is not seeing a significant financial impact from having to circumnavigate its airspace on flights to Asia, according to the group’s chief executive.
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NewsSchiphol slips to loss as operational challenges plague 2022
Amsterdam Schiphol airport’s operator made a loss of €77 million ($82 million) last year, after incurring an extra €120 million in costs as it struggled to keep pace with recovering traffic demand amid ongoing labour shortages.
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News‘Brighter future’: ANA parent outlines near-term airline strategy as recovery continues
The parent company of All Nippon Airways (ANA) is working to “maximise profitability” of its airline business amid a rebound in travel demand, as part of a newly-unveiled corporate strategy that targets “further growth” beyond recovery in the long-term.
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NewsAirAsia Aviation units ramp up capacity to ‘integral’ China market
AirAsia Aviation units are set to increase capacity into Mainland China, more than a month after Beijing scrapped most of its ‘zero-Covid’ travel restrictions.
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NewsJetBlue complains to US DOT about rejected Amsterdam slot requests
JetBlue Airways has filed a complaint with the US Department of Transportation (DOT) against the government of the Netherlands for repeated rejection of slot requests at Amsterdam’s Schiphol airport.
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NewsVirgin Atlantic calls time on Pakistan routes
Virgin Atlantic is to end its services to Pakistan this summer, routes the UK carrier had begun serving during the pandemic.
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NewsWestJet to expand flying to USA and eastern Canada
Canadian airline WestJet plans to expand its connectivity from Calgary and Edmonton by almost 30% and 50%, respectively, over 2022 levels, beginning in April.
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PodcastAirline Business Podcast: Do airline failures belie brighter outlook?
Graham and Lewis discuss the recent collapses of European carriers Flybe and Flyr, asking whether those developments belie a much brighter outlook for the industry in 2023.
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NewsletterInvestors see value in airlines as 2023 outlook improves
Our latest airline share-price tracker reflects positive sentiment towards an industry that has plenty of reasons for optimism heading towards the northern hemisphere summer.
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In depthAirline Business Covid-19 recovery tracker: February 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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NewsBritish Airways fills South African partner gap with Airlink codeshare
British Airways has sealed a codeshare agreement with South African carrier Airlink, helping to fill the void left by the collapse of long-standing franchise partner Comair last summer.
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NewsUK must preserve Heathrow slots for domestic connectivity: Loganair chief
Loganair chief executive Jonathan Hinkles is calling on the UK government to ringfence prized London Heathrow slots held by collapsed regional airline Flybe for domestic connections.
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NewsKLM and Swiss latest European carriers to restore China services
Dutch carrier KLM is to restore services to Beijing and increase frequencies to Shanghai this summer, while Swiss International Air Lines will resume passenger flights to the latter Chinese city.
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AnalysisEuropean airports hope for ‘boring’ summer after ramp-up disruptions
After high-profile scenes of delayed passengers and mounting baggage piles dominated news in the early part of the last summer, European airports believe improved staffing levels and advanced planning give them heart for a quieter summer out of the headlines.
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NewsAir France to link Canadian capital with Europe
SkyTeam carrier Air France is to open the Canadian capital Ottawa’s only non-stop link to Europe, with a service from Paris Charles de Gaulle before mid-year. Air France will commence the operation on 27 June, serving the transatlantic link five-times weekly. It will deploy 224-seat Airbus A330-200s on the route. ...
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AnalysisChallenges ahead for Heathrow airport chief successor despite recovery
While travel demand last year returned sufficiently enough for London Heathrow to regain its position as western Europe’s busiest hub, there remain major challenges ahead for John Holland-Kaye’s successor at the helm of the airport.