All Airline Business articles – Page 16
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Airline Business
Airline Business Covid-19 recovery tracker: March 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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Airline Business
Saudi aircraft orders underscore home carrier ambitions
Any questions about the ambitions of Saudi Arabia’s newly established Riyadh-based national airline were quickly answered by an opening fleet commitment for up to 72 Boeing 787-9s.
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Airline Business
Airline Business Index shows global revenue surging above pre-Covid levels
The latest Airline Business Index shows the global airline industry’s revenue soared above 2019 levels in the final quarter of 2022, as the sector edged closer to its pre-Covid size.
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Airline Business
Airlines bide their time on capacity after rapid China reopening
Swift lifting of Covid travel restrictions opens last ‘locked’ market, but return to ‘normal’ remains longer task
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Airline Business
Airlines struggle to fast-track consolidation
It is not without reason that the airline industry is one of the least consolidated sectors globally. Regular competition issues are compounded by the inherently international nature of the business, which for a majority of operators involves connecting cities in different countries, even if the consolidation itself is not cross-border.
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Airline Business
Cathay profit return signals strength of airline sector recovery
Of all the recent disclosures of airline profit returns, of which there have been many, few seem as notable as that of Cathay Pacific.
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Airline Business
Global shortage of aircraft parts and mechanics hampers airline recovery
Supply-chain issues and labour shortages are presenting lesser-known problems for the maintenance, repair and overhaul (MRO) sector that are affecting the ability of airlines to return to pre-pandemic operations.
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Airline Business
‘Bigger, better, stronger’: Cebu Pacific targets gains in post-pandemic market
Cebu Pacific’s new chief executive Mike Szucs sees the opportunity to outstrip its pre-crisis financial performance in the years ahead as the Philippine budget carrier emerges from the pandemic.
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Airline Business
Lufthansa banks on seating options with €2.5bn long-haul product upgrade
German carrier Lufthansa will equip more than 80 new widebodies and retrofit other aircraft as part of a €2.5 billion ($2.6 billion) long-haul product revamp revealed in Berlin today.
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Airline Business
Schiphol measures illustrate Europe not past operational worries yet
Amsterdam’s Schiphol airport operator sought no hiding place when it termed 2022 a “poor year” in last week disclosing an operating loss €77 million ($82 million).
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Airline Business
Scoot’s Embraer deal: step-change or ‘low-risk’ experiment?
While Scoot’s deal to lease nine Embraer E190-E2s presents opportunity for its network, it remains to be seen if it will lead to more Southeast Asian operators taking in regional aircraft.
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Airline Business
Atlanta heads the pack as US airports lead traffic growth in 2022
Atlanta Hartsfield airport handled just under 94 million passengers last year, still short of pre-pandemic highs but enough to see it retain its crown as the busiest airport in the world.
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Airline Business
IndiGo well positioned for India air travel boom: Elbers
Pieter Elbers has secured some early wins as the new chief executive of Indian low-cost carrier IndiGo, as he contemplates long-term growth in what is destined to be one of the world’s most important aviation markets.
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Airline Business
SriLankan Airlines chief talks ‘cautious’ recovery as airline eyes restructuring
SriLankan Airlines is emerging from the double whammy of a pandemic and political crisis with cautious optimism. Airline chief Richard Nuttall is looking to restructure the airline’s balance sheet, while working to restore its network and fleet.
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Airline Business
What factors are driving Air India’s huge aircraft orders?
Confirmation this week that Air India plans to place bumper aircraft orders with Airbus and Boeing follows months of speculation about the flag carrier’s fleet plans under its new owners, Tata Group. But what factors underpin the need for such huge aircraft commitments?
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Airline Business
Investors 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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Airline Business
Airline 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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Airline Business
How supply-demand crunch has given A380 a fresh lease of life
After initially looking as though the pandemic was going to bring an unceremonious end to several carriers’ Airbus A380 operations, a capacity shortage means the ultra-large jet will be flying far more widely this summer than previously expected
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Airline Business
European 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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Airline Business
Challenges 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.