All articles by Graham Dunn – Page 12
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News
Regulator set to trim Heathrow charges after watchdog ruling
Regulators are proposing a small reduction in the landing fees that Heathrow Airport will be able to charge airlines in 2025 and 2026 after recommendations from the UK competition authority.
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News
Virgin expands African reach with Kenya Airways codeshare pact
UK operator Virgin Atlantic Airways is to begin codesharing with SkyTeam partner Kenya Airways, a move re-establishing its presence in the London-Nairobi market.
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News
Chairman takes over as Play chief executive Jonsson departs
Chairman and shareholder Einar Orn Olafsson is to become chief executive of Icelandic low-cost carrier Play, replacing Birgir Jonsson in the role.
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Airline Business
Why Aegean Airlines is prioritising scheduled business in bid to ride out GTF disruption
Aegean Airlines aims to grow scheduled capacity by around 7% this year despite the pressure the Greek carrier faces on aircraft availability due to ongoing maintenance issues related to the Pratt & Whitney GTF engines that power its Airbus A320neo-family aircraft.
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News
Lufthansa braced for fresh strike disruption
German carrier Lufthansa and regional unit CityLine are braced for fresh strike disruption on 12 and 13 March, this time as cabin crew represented by the UFO union have called a stoppage.
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Airline Business
Airlink takes stock after making its name in South African market
While regional carrier Airlink has long been an established player in the market, it has under founding chief executive Rodger Foster taken the chance created by rivals’ troubles in South Africa to expand into new markets in its own right
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Airline Business
Asia key opportunity as Lufthansa aims to catch-up on capacity
Recovering Asia-Pacific markets will be a key part of Lufthansa Group plans for a 12% in capacity in 2024, even if ongoing supply chain challenges have prompted it to tone down its growth plans for the year.
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News
Eurowings posts landmark profit but remains work in progress: Spohr
German leisure carrier Eurowings turned round a protracted period of losses to post record profits in 2023, though Lufthansa Group chief executive Carsten Spohr still sees work needed to further improve its profitability.
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News
Spohr still optimistic on ITA, but will look ‘rationally’ at cost of deal concessions
Lufthansa Group chief executive Carsten Spohr insists the carrier will make a rational decision over the cost of any concessions attached to approval for its planned acquisition ITA Airways, but is encouraged by the approach to global competition of the incoming European Commission.
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News
Lufthansa posts €2.7bn full-year operating profit and expects similar in 2024
Lufthansa Group expects continued strong demand and double-digit capacity growth this year to help it match the €2.7 billion ($2.9 billion) operating profit it posted for 2023.
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News
Etihad lifts full-year profit after jump in passenger business
Gulf carrier Etihad Airways increased operating profits to $394 million in 2023 after revenues climbed 11% driven by a sharp jump in passenger numbers.
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News
Airlink looks to standardise configurations after rapid Embraer fleet growth
South African regional carrier Airlink will focus on standardising configurations within its Embraer regional jet fleet after a period of rapid growth since starting operations under its own brand three and a half years ago.
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News
Pegasus Airlines’ full-year operating profit slips in 2023
Turkish low-cost carrier Pegasus Airlines posted a full-year operating profit of €489 million ($530 million) in 2023, down around €100 million on the previous year.
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Airline Business
Upbeat IAG strikes positive note as BA and Iberia head growth in 2024
After delivering one of the highest operating profits in its history, European airline group IAG offered little by way of firm guidance for the year to come but was in positive mood in its commentary.
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News
Ryanair cuts traffic target as will get only 40 of 57 planned Max deliveries by June
Irish low-cost giant Ryanair has scaled back passenger number ambitions for its coming financial year to just under 200 million after confirming it now expects to take delivery of only 40 of the 57 Boeing 737 Max jets it was due to take by June.
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News
IAG chief still optimistic over Air Europa deal
IAG chief executive Luis Gallego remains optimistic that the group can secure approval for its long-running attempt to acquire Spanish carrier Air Europa after putting forward further remedies to address European regulator competition concerns over the planned acquisition.
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News
Vueling chief executive to head Iberia
IAG has named Vueling chief executive Marco Sansavini as the new head of Spanish flag carrier Iberia.
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News
IAG almost trebles operating profit in 2023
British Airways and Iberia parent IAG nearly trebled full-year operating profits in 2023 to just over €3.5 billion ($3.8 billion) after lifting revenue 28% during the year.
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News
Finance chief Steenbergen to leave as Lufthansa Group restructures management
Lufthansa Group chief financial officer Remco Steenbergen is to leave the European airline group as part of series of executive changes which also include the appointment for former Airbus and Rolls-Royce executive Grazia Vittadini as its new technology chief.
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Airline Business
Can recovering Asia-Pacific market fulfil wider potential?
After the pandemic-interrupted 2020 and 2022 Singapore air shows, this week’s event served as a reminder of not just how far the industry has come but of the potential still to unlock within the Asia-Pacific region.