All Networks news – Page 50
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Airline BusinessWhat impact will Russian invasion of Ukraine have on the airline industry?
Russia’s full-scale invasion of Ukraine comes with the commercial aviation market already in a delicate stage of recovery.
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NewsSingapore Airlines posts first quarterly profit since pandemic
Singapore Airlines Group posted a net profit of S$85 million ($63 million) for the three months ending December 2021, as the opening of international travel lanes during the quarter helped it out of the red for the first time since the pandemic.
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NewsHeathrow incurs more heavy losses in 2021 but eyes Terminal 4 summer reopening
London Heathrow Airport’s operator is working with airlines on reopening Terminal 4 this summer as demand picks up after depressed passenger numbers – the hub’s lowest figure for 50 years – contributed to a pre-tax loss of £1.8 billion ($2.4 billion) in 2021.
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NewsSAS to put greater focus on leisure in post-pandemic recovery
Scandinavian carrier SAS will put a greater emphasis on the leisure segment as it adjusts its network in line with the emerging post-pandemic market dynamic.
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NewsChina’s ‘Big Three’ paint mixed picture of January domestic traffic
China’s three largest carriers reported mixed domestic traffic results in January, as the Omicron variant of the coronavirus damps air travel demand.
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NewsParis airports operator sees group traffic at 70-80% of pre-crisis levels this year
Paris airports operator Groupe ADP expects passenger numbers across its network to be between 70% and 80% of the 2019 levels this year and to recover to pre-crisis highs between 2023 and 2024.
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NewsAir France-KLM could participate in Italian consolidation as it eyes Milan Linate growth
Air France-KLM has not ruled out participating in consolidation in the Italian market, despite conditions relating to the company’s Covid-19 state aid putting a block on acquisition moves.
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NewsAir France-KLM saw long-haul recovery continue in December despite Omicron
Demand for long-haul travel continued to improve through to the end of 2021, according to Air France-KLM, even as the Omicron variant of Covid-19 prompted the introduction of further travel restrictions.
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NewsCanada's Lynx Air adds Victoria to destination line up
Canadian low-cost start-up carrier Lynx Air has added Victoria to its destination line-up as it prepares to launch revenue service in six weeks.
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NewsSummer demand hopes prompt Gatwick to reopen South Terminal
London Gatwick airport will reopen its South Terminal in late March, after almost two years of dormancy due to the sharp drop in traffic caused by the pandemic.
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NewsHeathrow laments ‘Omicron hangover’ but softening of travel restrictions brings hope
London Heathrow airport continued to see the impact of the Omicron variant of Covid-19 during January, despite the UK dropping additional travel restrictions a few days into the month.
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NewsBusy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.
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NewsOmicron deflates lunar new year cheer for Chinese carriers
Chinese carriers reported an uptick in domestic passengers during this year’s Lunar New Year holidays, but demand is still far below that recorded before the coronavirus pandemic.
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NewsRegulator backs Condor in Lufthansa feeder flight access dispute
German competition regulators have preliminarily backed leisure carrier Condor in its claim that it should have access to Lufthansa feeder flights for its long-haul operations after the latter terminated a partnership agreement.
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NewsSAS reinforces transatlantic network with Toronto services
Star Alliance carrier SAS is to open transatlantic services to Toronto from both Copenhagen and Stockholm this year. The carrier will operate long-range Airbus A321LRs on the services which commence in June. SAS states that it will operate to the Canadian city three-times weekly from Copenhagen and four-times weekly from ...
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NewsAir Arabia’s new Pakistani carrier to emerge around mid-year: chief
Air Arabia Group chief Adel Ali expects operations with its new Pakistani joint-venture carrier to commence around mid-year. The new carrier, Fly Jinnah, is being established with conglomerate Lakson Group and will be based in Karachi. Speaking during an event in London on 8 February, Ali said the airline would ...
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NewsTUI expects summer 2022 demand to be near pre-Covid levels
European leisure group TUI expects its summer 2022 demand to be close to pre-crisis levels as the Covid-19 recovery gathers momentum in key markets.
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Airline BusinessWhy has Turkish Airlines’ share price rocketed in recent months?
While the majority of global airline groups tracked by FlightGlobal have yet to see their share prices return to anything like pre-Covid levels, Turkish Airlines is a different story.
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Airline BusinessAirline Business Covid-19 recovery tracker: February 2022 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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NewsIndiGo swings to net profit in final quarter of 2021 but Omicron hits new-year demand
Indian low-cost carrier IndiGo swung to a net profit in the three months to 31 December 2021, ending a series of loss-making quarters as the Covid-19 recovery gathers pace.