All Airlines articles – Page 6
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News
Newly enlarged Alaska lifts profit in third quarter despite cost pressures
Alaska Air Group increased net profit in the third quarter as yields turned positive, but a shortfall in aircraft deliveries means heightened cost pressures and curtailed capacity will continue for the remainder of the year.
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Higher fares ‘inevitable’ as KLM slams Schiphol charges increase
Home carrier KLM has hit out at a hike in fees at Amsterdam Schiphol airport, increases it says will make it inevitable that ticket prices will rise.
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Spirit Airlines to furlough further 330 pilots to match drastic capacity cuts
Spirit Airlines plans to furlough a further 330 pilots early next year as it navigates a period of severe financial turbulence.
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French investigators dismiss Egyptian findings that explosion brought down A320
After an eight-year inquiry, Egyptian investigators have controversially concluded that ignition of explosive material behind the cockpit of an EgyptAir Airbus A320 resulted in a fire and the loss of the aircraft, an explanation dismissed by French counterparts. The twinjet – operating from Paris Charles de Gaulle to Cairo on ...
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Profits slip at leading Chinese carriers in third quarter
China’s three biggest airline groups all reported lower net profits in the third quarter on increased revenues for the three months ending 30 September 2024.
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Etihad follows Emirates in exploring co-operation pact with Vietnam Airlines
Etihad Airways has become second United Arab Emirates carrier in a matter of days to unveil a deal to explore a potential partnership with Vietnam Airlines.
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Allegiant to operate lone 737 Max 8 through end of 2024
Allegiant Air’s first Boeing 737 Max 8 jet entered revenue service earlier this month, but that will be the only 737 to carry passengers on the carrier’s network this year.
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Airline Business
Frontier, 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.
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Riyadh Air seals narrowbody order as it signs for 60 A321neos
Ambitious Saudi Arabian start-up Riyadh Air has signed an agreement to acquire 60 Airbus A321neos, revealing the supplier for its long-awaited narrowbody order.
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News
Lufthansa shifts freighter focus to Asia-Pacific
While a slower recovery and strong competition has hit Lufthansa Group’s passenger operations on Asia-Pacific routes since the pandemic, the carrier is shifting more of its freighter capacity to tap strong cargo demand from the region.
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Walsh warns aviation supply chain issues could last up to five more years
IATA director general Willie Walsh says that supply chain issues in the aviation industry will continue for up to five more years, causing frustration among airline managers and further pushing back a full post-Covid-19 recovery.
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‘Frustrating’: JetBlue executives unable to finalise post-2025 plan due to P&W recall
JetBlue Airways has yet to finalise its business plan after 2025 due to what executives describe as a frustrating lack of detail about the long-term operational impact of Pratt & Whitney’s (P&W) ongoing recall of PW1000G engines.
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Airline Business
Lufthansa boosted by steadying yields but German mainline challenge persists
After a challenging first half of the year in which it has twice lowered profit expectations, Lufthansa Group was able to point to a brighter prognosis on yields as it is confirmed its full-year outlook following its third quarter results today.
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Airline Business
Latin leaders on why region’s airlines should be telling a better story
Latin American Airlines need to tell a better story so that the region’s governments will be more amenable to creating policies that would make it easier for the carriers to operate, and for their populations to benefit from air travel.
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Frontier’s network and capacity changes start to show in profitable third quarter
Company executives say Frontier Airlines’ network and passenger-capacity pivots are already paying off as parent Frontier Group Holdings posted a modest third-quarter profit of $26 million.
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Lufthansa poised to debut A350 equipped with Allegris first-class cabin
Lufthansa is expecting to debut shortly an Airbus A350 outfitted with its Allegris interior product featuring a first-class cabin.
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UK 747 freighter operator’s route approvals spur sales partner’s Asian expansion
UK air cargo specialist Air One is broadening its presence in Asia, driven by freight carrier One Air’s securing approvals to serve cities in China, Japan and Malaysia. One Air uses a fleet of three Boeing 747-400 freighters – a third was introduced on lease from the United Arab Emirates’ ...
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JetBlue swings to $60m third-quarter loss but points to improving financial trends
JetBlue Airways lost $60 million in the third quarter of 2024 but insists its turnaround plan is yielding results, citing improving cost and revenue trends.
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Airline Business
Bahamasair chief Cooper has Caribbean hub ambitions
As host of the 20th ALTA AGM and Airline Leaders Forum this week, Bahamasair has itself a lot to celebrate. Founded in 1973, the same year the commonwealth of the Bahamas won independence from the UK, the carrier currently operates four Boeing 737NG aircraft and six ATR turboprops. The airline ...
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News
Lufthansa sticks to full-year outlook after third quarter profit of €1.3bn
Lufthansa Group has confirmed its full-year profits target citing strong demand over the remainder of the year after posting 9% lower operating profit of €1.34 billion ($1.45 billion) in the third quarter.