All articles by Graham Dunn – Page 13
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NewsAir New Zealand braced for delay in entry of first of new 787s
Air New Zealand no longer expects to receive its first two from a batch of eight new Boeing 787-10s before June 2025.
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NewsAir New Zealand sees headwinds hitting profits in second half
Air New Zealand posted a reduced pre-tax profit of NZ$185 million ($114 million)for the first six months of its financial year and has reiterated a warning that its performance will be “markedly lower” than that in the second half ending June 2024.
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Airline BusinessNew product enhancements lead Qantas charm offensive as first half profits slip
While underlying pre-tax profits fell 13% in the first half of its financial year, the more pressing challenges facing Qantas have less to do with its fiscal performance and more with improving its public image.
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NewsAircraft supplier delays push Qantas ‘Project Sunrise’ launch back six months
Aircraft delivery delays have forced Qantas to push back by six months plans to launch ultra-long-haul flights from Australia’s east coast to New York and London.
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NewsThai Airways to lease 17 aircraft from AerCap as part of fleet renewal plan
Thai Airways International has sealed leases with lessor AerCap for 17 aircraft, including Airbus A350s, A321neos and Boeing 787s in relation to its recently outlined fleet plan.
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NewsChinese lessor CALC signs for Leap engines on more A320neos
Lessor China Aircraft Leasing Group (CALC) has picked CFM International Leap-1A engines to power a batch of 20 Airbus A320neo-family jets.
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NewsRoyal Brunei orders four more Dreamliners
Royal Brunei Airlines has ordered four more Boeing 787-9s as part of a widebody fleet renewal.
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NewsAAPA chief upbeat on traffic recovery but wary of supply chain impact
Continued supply chain issues affecting the delivery of new aircraft and maintenance upkeep times for the existing fleet is one of the biggest potential risks to expected growth this year among Asia-Pacific airlines.
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NewsAtlanta retains biggest airport crown as passengers pass 100m mark again in 2023
Passenger numbers at Atlanta Hartsfield-Jackson International airport increased almost 12% in 2023 to reach 104.7 million, ensuring the Delta Air Lines hub will retain its position as the busiest airport in the world.
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Airline BusinessFinnair ‘has made it through the crisis’ after capping profit return with strong end to 2023
Finnair’s interim chief executive Jaakko Schildt believes the company has demonstrated that it has made it through the double crisis of the pandemic and impact from the closure Russian airspace after confirming the airline’s first full-year profit since 2019.
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Airline BusinessIceland’s Play looks to bolster equity after seismic disruption to profit plan
Icelandic budget carrier Play aims to strengthen its equity through a move onto Iceland’s main stock market as it seeks to build a financial buffer and fuel future growth after a tough end to 2023 as travel demand to Iceland dipped amid concerns around increased seismic activity.
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NewsSAS chief looks to SkyTeam gains to outweigh ‘emotionally difficult’ Star Alliance exit
The chief executive of Scandinavian carrier SAS, Anko van der Werff, acknowledges that leaving Star Alliance – which it co-founded – is an emotionally difficult decision, but believes the potential for tighter co-operation with partners within SkyTeam provides greater opportunities.
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NewsAir Astana valued at $847m ahead of stock market launch
Kazakh carrier Air Astana has finalised the share offer price for its forthcoming stock market listings, giving an implied company valuation of $847 million.
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Airline BusinessLessors see room for consolidation but think big players will only get bigger
Executives from major aircraft lessors expect relatively limited merger and acquisition activity among leading players over the coming years, but organic growth and large order backlogs will help to further concentrate activity among the industry’s top tier.
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NewsEuropean regulators ‘welcome’ JetBlue’s summer Amsterdam access
European Commission regulators have welcomed JetBlue’s improved access to slots at Amsterdam Schiphol airport this summer, an issue it says it was ready to intervene over if the US carrier was unable to secure “appropriate access” to the Dutch hub.
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Airline BusinessLessor role grows as aircraft supply shortage persists
Strong order activity in recent years and continued constraints in aircraft supply mean leading aircraft lessors are likely to become even more prominent players in sourcing the airline global fleet
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InterviewEmbraer commercial chief sees room for growth as pandemic build-back continues
Embraer Commercial Aviation chief executive Arjan Meijer expects another year of double-digit growth following the Brazilian manufacturer’s robust delivery performance in 2023 during which it shipped 64 regional jets.
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NewsArmenia’s Fly Arna suspends flights
Armenian national carrier Fly Arna has suspended flights citing ”operational revisions”.
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NewsAmerican upbeat on short-haul business after posting $822m 2023 profit
American Airlines posted an improved full-year 2023 profit of $822 million on record revenue.
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NewsSky Express leases two more ATR 72s from Abelo
Greek carrier Sky Express took delivery of a further ATR 72-600 from lessor Abelo this month, as part of wider moves to boost its new -600 turboprop fleet.