All Networks news – Page 55
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Airline Business
Airline Business Covid-19 recovery tracker: December 2021 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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News
Governments using aviation to ‘transmit Omicron fear’: IATA chief
The director general of global airline association IATA has accused governments of unfairly “hammering” the airline industry by introducing travel restrictions in response to the Omicron variant of Covid-19.
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SAA agrees interline with CemAir as grounded Mango clears rescue hurdle
South African Airways has signed an interline agreement with regional operator CemAir as the state-owned flag carrier continues on a path towards privatisation and the divestment of low-cost unit Mango.
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Finnair to open new US route in mid-2022
Oneworld alliance carrier Finnair is to open a new US gateway by operating services to Seattle from next year. The airline is to fly from its Helsinki base three-times weekly with the transatlantic route commencing on 1 June. Finnair says it will use Airbus A330s for the Seattle service. The ...
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Airline Business
How low-cost carrier share is evolving in European short-haul markets
Airline positions in the European short-haul market going into next summer vary widely. Most operators, particularly network carriers, have opted for a more cautious approach to capacity within Europe in a bid to secure some kind of profitability – or at the very lest to limit losses. But others, notably in the low-cost segment, have made a push for market share.
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Ryanair focused on summer as fresh restrictions bring ‘challenging’ Christmas
European budget carrier Ryanair is putting its focus on meeting an uptick in summer travel as it sees demand until Christmas likely stifled by fresh travel restrictions. Ryanair, which Eurocontrol data showed earlier in November surpassed pre-Covid flight activity for the first time since the pandemic, today disclosed it carried ...
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EasyJet and Wizz upbeat on summer demand despite Omicron uncertainty
European low-cost carriers EasyJet and Wizz Air are remaining focused on their plans for a strong summer season, despite the near-term uncertainty created by the emergence of the Omicron variant of concern of the coronavirus.
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Neeleman sees flexibility from A220 configurations, eyes extended range
David Neeleman expects US start-up Breeze Airways to launch Airbus A220 flights with around five aircraft when it is approved to begin operations with the type next year.
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European flights tracking recovery projections prior to Omicron discovery: Eurocontrol
Eurocontrol data for November shows European flight activity tracking slightly ahead of its baseline projections, in data providing a snapshot of the air traffic recovery in the region immediately prior to the emergence of the Omicron strain of Covid-19.
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News
Airline share prices fall as governments restrict flights in response to Covid variant
Airline share prices fell on 26 November as governments around the world imposed restrictions on travel from several countries in southern Africa in response to a new variant of Covid-19.
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Airline Business
UK airlines desperate for government to adopt EU-style travel policies
This week’s Airlines 2021 event in London was a timely gathering of key players in the UK aviation sector, as they called for the country’s government to remove barriers to air travel that put it out of step with mainland Europe.
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Vietnam proposes increasing domestic capacity amid strong demand
The Civil Aviation Authority of Vietnam (CAAV) has proposed allowing its airlines to ramp up capacity on domestic flights, with the aim of reaching “normal operations” by 2022.
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Air Baltic switches UAE codeshare from Etihad to Emirates after Dubai launch
Air Baltic has announced a codeshare with Emirates as it seeks to leverage the connectivity advantages of switching its UAE services from Abu Dhabi to Dubai.
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Ryanair chief says ‘panic’ over Covid-19 cases could undermine recovery
Recent government “panic” over rising Covid-19 cases across Europe threatens to undermine the recovery in air travel, according to Ryanair group chief executive Michael O’Leary. “We’re in for a fraught period between now and Christmas where it looks like Europe is going to get very nervous again at the worst ...
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Airline Business
Airline Business Index shows industry nearing three-quarters of pre-Covid size
The latest Airline Business Index shows the global airline industry is nearing three-quarters of its pre-Covid size, driven by rapidly returning passengers and revenue in the third quarter. The overall score of 72 (2019 = 100) represents an increase of six from the score on 30 June 2021, 12 ...
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Kenya Airways and SAA expecting to launch pan-African group ‘by 2023’
Kenya Airways and South African Airways have signed a “strategic partnership framework” as they work towards creating a pan-African airline group.
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Ryanair chief cites ‘Brexit disaster’ as UK airline recovery lags mainland Europe
The group chief executive of Ryanair has praised the role of the European Union’s Digital Covid Certificate in the recovery of air travel in the region, while suggesting the UK’s departure from the bloc is behind its slower progress in that regard.
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Consultancy formally invites investor interest in Frankfurt Hahn airport
German consultancy firm FalkenSteg is formally seeking expressions of interest to participate in the investment process for Frankfurt Hahn airport. The Dusseldorf-based company has been commissioned by the airport operator’s provisional insolvency administrator, Jan Markus Plathner, to look for “one or more” buyers for the airport or its assets. “Investors ...
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Singapore-India scheduled flights to resume, as travel lane beckons
Singapore Airlines will operate daily flights under a quarantine-free travel scheme between Singapore and three major cities in India, marking the first scheduled flights between both countries in nearly two years.
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Virgin Atlantic sees demand return but at ‘nowhere close’ to 2019 levels
UK carrier Virgin Atlantic has seen a “material improvement” in bookings since the full reopening of the transatlantic market but still has some way to go to reach pre-Covid levels of demand.