Latvia’s government aims to retain at least a 25% interest in Air Baltic as the company prepares to open its capital to investors, but accepts that the carrier might have to give up some of its independence in order to flourish
Avelo chief executive Andrew Levy insists his airline is on a successful path, thanks to closely following the time-tested tenets of the original low-cost-carrier business model – and not straying into territory that recently landed other US discounters in trouble.
Led for just over a year by Gigante, Hangar 51 recently completed its eighth annual accelerator programme with a confidence that innovation is central to the business’s ability to thrive
While much of the US airline sector scrambles to add more premium seats and other products to attract higher-paying customers, one start-up carrier has been positioned since inception to capture that slice of the market.
Chief executive Nat Pieper hopes to have all members plugged into its common digital platform by the end of next year, which will help drive the grouping’s mission to meet passengers’ travel expectations
Competing with low-cost carriers remains a critical area of focus, chief executive Frederico Pedreira tells Airline Business. ‘But we also have customers that want to pay more’
While it is maybe questionable the extent to which airlines have built back better since the pandemic, fast-growing leisure carrier SunExpress can point to gains from taking a different approach going forward
The global airline industry saw its profitability weaken year on year during the second quarter of 2024, as carriers grappled with moderating yields and rising capacity.
Full second-quarter 2024 earnings from Airline Business’s benchmark carriers in the Asia-Pacific region show profitability dropping year on year, in contrast to the region’s first-quarter performance
Full second-quarter 2024 data from Airline Business’s benchmark airlines in Europe shows the region’s carriers comfortably in profit at an aggregate level, albeit operating and net profits both fell by more than $1.3 billion year on year
Full second-quarter results from Airline Business’s benchmark airlines in the Latin America region show them plunging into a deep net loss at an aggregate level
Full second-quarter 2024 data for Airline Business’s benchmark airlines in North America shows that weaker year-on-year profitability continued into the second three months of the year
The global airline industry saw its financial performance improve year on year during the first quarter of 2024, although the period lived up to its seasonally weak reputation in Europe and North America
Full first-quarter 2024 earnings from Airline Business’s benchmark carriers reflects a strong performance from the Asia-Pacific region in financial and traffic terms.
Full first-quarter 2024 data for Airline Business’s benchmark airlines in Europe reflects an inauspicious start to the year for many airlines, albeit most earnings commentaries suggest things are set to improve
Full results for the first quarter of 2024 from our benchmark airlines in the Latin America region reflect a positive performance during what is the high season for travel at most operators.
Full first-quarter 2024 data for Airline Business’s benchmark airlines in North America shows revenue, traffic and capacity rising year on year, but profitability taking a hit amid a string of challenges for low-cost carriers in particular.