All Airline Business articles – Page 24
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Airline BusinessAzul looks to long-term after debt restructuring boost
While Azul had a positive story to tell around its third-quarter financial performance – despite continued challenges in the market – it was the significance of debt restructuring which saw its executives strike a markedly brighter tone.
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Airline BusinessAvianca turns attention to yields, shifts capacity from oversupplied domestic market
Colombian carrier Avianca is launching 14 more international routes this winter – atop nine it already started flying this year – as it reallocates capacity from the oversupplied domestic segment to higher-yielding markets.
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Airline BusinessGulf Air looks to ‘transformational pivot’ to differentiate offer in crowded Middle East market
Bahrain’s flag-carrier is putting its faith in a customer offering based on convenient connections and a strong on-board product on a young Airbus narrowbody and Boeing 787 fleet, while playing its part in boosting tourism and investment into the kingdom
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Airline BusinessAir India foundations in place after completion of mergers
Almost three years since Tata Group secured ownership of perennially loss-making national carrier Air India, it has completed the task of merging four airline units into the enlarged grouping.
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Airline BusinessSIA talks up India, Southeast Asia potential and partnerships
Singapore Airlines Group is emphasising the opportunities in the high-growth regions of India and Southeast Asia as it confronts the continued challenge of softening yields.
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Airline BusinessTeasing Riyadh Air closing in on launch after revealing more of the plan
After Riyadh Air announced the scale of its ambitions by emerging with an order for up to 72 Dreamliners in March 2023, the Saudi start-up’s chief executive Tony Douglas said it would ‘tease and reveal’ further details ahead of its launch. After finalising most of its partners and a narrowbody order, the final piece of the jigsaw appears to be delivery of its first three aircraft.
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Airline BusinessWeek 46 2024: Brazilian carriers set to update on progress
Attention turns to Brazilian carriers Gol and Azul this week as both report third-quarter financial results.
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Airline BusinessAirline news digest: 2-8 November
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessConfident IAG keeps its profit momentum
Launch of a €350 million ($377 million) share buyback programme underlined British Airways and Iberia parent IAG’s confidence in its financial performance after delivering a further increase in profit for the third quarter.
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Airline BusinessNew chief Greg Anderson wants to restore ‘Allegiant of old’ and grow out-and-back network
Recently installed chief executive Greg Anderson, who has stepped into the shoes of longtime CEO Maurice Gallagher, recently told Airline Business in Las Vegas that the carrier finally sees a path forward.
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Airline BusinessHow KLM went from group’s star performer to problem child
While work to transform Air France has begun to bear fruit, KLM’s performance has been deteriorating over the past couple of years
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Airline BusinessAircraft shortage slows Turkish Airlines growth story
While consistent post-pandemic growth means Turkish Airlines third-quarter revenues topped 2019 levels by 65%, the wider industry and economic challenges that have stalled progress for many other operators are impacting it too.
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Airline BusinessUncertainty breeds frustration, but also resilience: IATA’s Walsh
The uncertainty that the airline industry is having to deal with since the end of the Covid-19 pandemic – delivery delays, taxation hikes, geopolitical instability – has made it more difficult for managers to plan, but it has also made the entire segment more resilient, IATA director general Willie Walsh tells Airline Business
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Airline BusinessEasing yield picture offers Ryanair boost in year bookended by challenges
While on one level the headlines from Ryanair’s second quarter results offer plenty of reasons for concern, it is encouraged by an easing of recent yield declines and a growth advantage next year
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Airline BusinessAmid continued profits, Japanese majors look to better capture outbound demand recovery
Japan Airlines and All Nippon Airways remain optimistic of meeting their full-year earnings targets, on the back of strong international travel demand – in addition to strong yields – and despite rising costs
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Airline BusinessWeek 45 2024: More European carriers to report amid US election and Boeing strike votes
While Ryanair’s second-quarter profits announcement this morning kicks-off a week in which European operators Air France-KLM, IAG and Turkish Airlines all disclose financials, wider attention is likely to be on US votes to settle Boeing’s damaging machinists strike and presidential elections
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Airline BusinessAirline news digest: 26 October - 1 November
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessAir Canada turns C$1bn profit, reports ‘stable’ business amid increasing costs
Demand for international air travel helped push Air Canada to a C$1 billion ($720 million) operating profit in the third quarter of 2024, with executives broadly describing market conditions as healthy despite upward-creeping costs and ongoing aircraft delivery delays.
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Airline BusinessSouthwest counting on new ‘hybrid’ model to compete with full-service carriers
Southwest Airlines executives maintain that major changes underway at the Dallas-based company will be enough to regain its status as a top-performing US carrier by 2027.
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Airline BusinessFrontier, JetBlue and Spirit vie for stability in ULCC market amid fresh merger talks
Frontier Airlines’ chief executive Barry Biffle repeatedly declined on 29 October to discuss reports of the company’s potentially renewed interest in acquiring Spirit Airlines, more than two years after Spirit left Frontier at the altar in favour of a more lucrative deal with JetBlue Airways.