All articles by Graham Dunn – Page 15
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Airline Business
Challenges remain despite Air France-KLM's steady post-pandemic progress
While there remain plenty of pressures and potential pitfalls ahead, a doubling of profits in the second quarter underlined the steady progress Air France-KLM is making in its recovery out of the pandemic.
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News
Air France-KLM in talks with Apollo over €1.5bn loyalty programme financing
Air France-KLM is in talks with private equity firm Apollo Global Management over a possible €1.5 billion ($1.66 billion) financing of its loyalty programme Flying Blue.
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News
Air France-KLM doubles profit in second quarter
Air France-KLM doubled operating profits in the second quarter to €733 million ($810 million) on revenues up 14% on the same period last year.
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News
Restructured Air Seychelles back to profit for first time since 2016
Air Seychelles posted a profit of $8.4 million in 2022 after completing a formal restructuring, marking its first year in the black for six years.
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News
Wizz Air hit with UK enforcement action over disruption payments
Budget carrier Wizz Air has overhauled its commitments and processes for paying passengers when flights are cancelled and delayed after the UK aviation regulator took enforcement action over a high volume of passenger complaints of money still owed.
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Airline Business
Why Etihad is bringing Airbus A380s back online
While the move by Etihad Airways to return the Airbus A380 into service for the first time since the pandemic is primarily a way of increasing its capacity options, it also marks a step towards the renewed growth ambitions of the Middle East carrier.
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News
Air France-KLM seals €500m financing with Apollo for engineering unit
Air France-KLM has sealed an agreement with fund manager Apollo Global Management to raise €500 million ($559 million) to support an engineering affiliate of Air France which owns components.
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News
Delta exercises options on 12 more Airbus A220-300s and orders one A330
Delta Air Lines has exercised options on a dozen more Airbus A220-300s, taking its firm commitment for the jet including the smaller -100s to 131.
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News
Grounded Go First seeks bidders
Administrators for grounded Indian budget carrier Go First have launched a call for expressions of interest in the airline.
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Airline Business
Growing pains dominate key issues for airports
On the one hand airport leaders met in Barcelona at the end of June for the joint ACI Europe/World AGM with an air of business as usual.
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News
Schiphol awaits ‘clarity’ from state after appeals court clears flight cuts
Amsterdam Schiphol airport’s operator expects the Dutch government to provide “further clarity” within two months over the number of departures that can be flown after an appeals court lifted a block on reducing flights from this winter.
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News
Icelandair seals Airbus shift with A321XLR order
Icelandair has firmed its April preliminary commitment for up to 25 Airbus A321XLRs, while separately leasing four A321LRs SMBC Aviation Capital.
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News
Doubling of passenger revenue drives Qatar Airways profit
Qatar Airways posted a net profit of QR4.4 billion ($1.2 billion) for the year ending 31 March 2023 on turnover boosted by a doubling of passenger revenues.
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Airline Business
How do European airports face growth challenge?
As leaders of Europe’s airports gathered in Barcelona for their annual general meeting this week, a UK Parliamentary committee on climate change underscored the fundamental challenge the sector faces if it is to continue grow.
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News
European airports back in profit but ACI warns about fundamentals
While European airports today confirmed they returned to the black in 2022 for the first time in three years, pressure on future funding remains of concern amid increased debt and slower traffic growth.
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Analysis
Paris air show Order Tracker: IndiGo deal and Air India confirmation lead show business
Tracking the commercial aircraft firm order, commitment and option announcements made during the 2023 Paris air show
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News
Riyadh Air picks GEnx engines to power Dreamliners
Ambitious Saudi start-up Riyadh Air has picked GE Aerospace GEnx engines to power its on-order Boeing 787-9s.
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News
India’s Akasa orders four more 737 Max 8s
Indian carrier Akasa Air has signed for four more Boeing 737 Max 8s, taking its total commitment to 76 jets.
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News
Air Lease signs for two more Dreamliners
Air Lease has signed for two more Boeing 787s at the Paris air show.
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News
Berjaya strikes preliminary deal to take two all-premium ATR 72-600s
Malaysian carrier Berjaya Air has signed a heads of agreement covering two ATR 72-600s, which it will operate in an all-premium configuration.