All articles by Graham Dunn – Page 10
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Airline BusinessLufthansa takes actions as it counts cost of strikes and new pay deals
While Lufthansa Group put much of the focus on strike disruption for the trebling of first quarter losses and a reduced profit outlook for the year, it is almost mindful of the cost implications related to the new pay deals it took to end the disputes.
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NewsLufthansa sees revised capacity outlook in line with risk of delivery delays
Lufthansa Group believes it has already factored in the impact of aircraft delivery delays this year after scaling back its capacity growth aspirations.
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NewsSpohr hopeful of ITA acquisition approval this summer
Lufthansa Group chief executive Carsten Spohr is optimistic it can secure approval for its planned acquisition of Italian carrier ITA Airways this summer amid what he describes as “constructive” talks with European competition regulators.
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NewsGrounded Bonza appoints administrators
Australian budget carrier Bonza has entered voluntary administration after suspending flights earlier on 30 April.
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NewsLufthansa looks to summer and cost-savings after strike-hit first quarter
Lufthansa Group is taking encouragement from strong summer demand after confirming a financial hit from strike disruption, increased costs, and lower than expected capacity expansion in wider first quarter losses.
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Airline BusinessWeek 18 2024: Can European majors fulfil capacity and consolidation aspirations?
This week attention turns to European carrier outlooks as Air France-KLM and Lufthansa become the first of the major European airline groups to report their first quarter financial performance.
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NewsUK ministers firm sustainable fuel plan with 2% 2025 target
UK ministers have formally set out plans to mandate the use of sustainable aviation fuels, beginning next year with a requirement for 2% of jet fuel to be sustainably sourced.
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NewsIsom urges Boeing to ‘get your act together’
American Airlines chief executive Robert Isom has reiterated his message that Boeing must fix its nagging production and quality problems, saying the airline remains committed to the airframer but will protect itself should Boeing continue to flounder.
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Airline BusinessAmerican Airlines ‘on track’ for full-year guidance despite first quarter loss
American Airlines executives point to positive material changes as the year progresses from its loss-making first quarter as reasons why it remains optimistic of meeting its full-year financial targets.
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NewsNorwegian keeps to capacity target despite Boeing delivery delays
Norwegian is sticking to its expectations of increasing capacity around 12% this year despite operating three fewer aircraft than originally planned this summer.
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Airline BusinessNorwegian buoyed by Wideroe impact as losses cut in first quarter
Norwegian flagged improved yields and load factors, together with a boost from the less seasonally affected Wideroe business, during a first quarter in which the airline narrowed operating losses to NKr763 million ($70 million).
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NewsTurkish secures six 737 Max 8s for AJet with CDB lease deal
Turkish Airlines has struck a deal to lease seven more aircraft from lessor CDB Aviation, including six Boeing 737 Max 8s for its newly rebranded low-cost unit AJet.
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NewsNew chief overhauls Loganair network in bid for greater resilience
UK regional carrier Loganair is to cut three routes from its network and reduce frequencies on some others following a review by new chief executive Luke Farajallah aimed at improving its operational resilience.
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NewsCondor takes first A320neo ahead of May service launch
German leisure carrier Condor Airlines has received the first of 41 Airbus A320neo-family jets with which it is renewing its narrowbody fleet.
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NewsGE Aerospace lifts profit outlook as it strikes out alone
GE Aerospace has lifted its full-year profit outlook after publishing its first set of results since becoming a standalone company at the start of April.
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NewsFinnair scales back full-year guidance after strike-hit first quarter loss
Finnair has slightly scaled back its full-year revenue and capacity expectations for 2024 after posting a first-quarter comparable operating loss of €11.6 million ($12.4 million) for the first three months of the year.
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NewsLufthansa City Airlines to debut on 26 June with Munich-Birmingham link
New Lufthansa Group operator, Lufthansa City Airlines, will begin ticket sales tomorrow ahead of its operational launch on 26 June.
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NewsEasyJet narrows first-half losses
UK low-cost carrier EasyJet expects to post a pre-tax headline loss of between £340-360 million ($423-448 million) for the six months ended March 2024.
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NewsAegean to configure four A321neos for longer-range operations
Greek carrier Aegean Airlines is to take four Airbus A321neos configured for extended-range operations as it targets markets in Africa, Asia and the Middle East.
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NewsVinci agrees deal to take majority stake in Edinburgh airport
French airports operator Vinci has agreed a £1.27 billion ($1.58 billion) deal to take a 50.01% stake in Edinburgh airport from Global Infrastructure Partners (GIP), expanding its presence in the UK.