All articles by Graham Dunn – Page 25
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News
Mango sale moves step closer after SAA drops bidder concerns
Administrators of grounded budget carrier Mango Airlines believe the sale of the airline has moved a step forward after existing owner South African Airways dropped its concerns about a planned transaction.
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News
Lufthansa inches closer to pre-pandemic capacity with new short-haul flights
Lufthansa expects to reach 87% of its pre-crisis flights out of Frankfurt and Munich next summer after unveiling a flying programme featuring seven new routes including Belfast.
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News
Vinci seals Mexican airport operator stake
Vinci Airports has completed its acquisition of a near 30% stake in OMA, making it the largest shareholder in the Mexican airports operator.
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News
MNG Airlines to list on New York stock exchange
Turkish freight specialist MNG Airlines is to list on the New York stock exchange next year after signing an agreement to go public through a business combination with Golden Falcon Acquisition.
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News
Airbus to ‘fall short’ of 2022 deliveries target
Airbus no longer expects to achieve its target of “around 700” commercial aircraft deliveries for 2022, citing a “complex” operating environment.
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News
Virgin strikes deal for 20% of 2030 SAF requirements
Virgin Atlantic has struck a deal to purchase 10 million gallons annually of sustainable aviation fuel (SAF) produced by US firm Gevo and supplied via the carrier’s joint-venture partner and shareholder Delta Air Lines.
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News
Virgin chief prepped for ‘subdued’ 2023 but no sign yet of bookings impact
Virgin Atlantic chief executive Shai Weiss is braced for a ”subdued” year in 2023 given global economic headwinds and recession in the UK, though he notes the airline has not yet seen these challenges filter through to forward bookings.
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News
WestJet to add first Asia route with Calgary-Tokyo flights
Canadian carrier WestJet is to launch flights from Calgary to Tokyo Narita next summer, marking its first destination in Asia.
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News
Lufthansa takes first A380 out of storage
German carrier Lufthansa has today taken an Airbus A380 aircraft back out of storage for the first time since the pandemic.
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Airline Business
Airline consolidation comes to the fore in Asia-Pacific
While a consolidation of its various airline interests has been in the works for Tata Sons ever since it acquired Air India in January, confirmation this week of plans to merge Vistara into an enlarged grouping illustrates the scope of ambition for the revamped carrier.
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News
Rapid pace of Ryanair traffic growth slows in November
Ryanair’s recent run of sharp traffic growth slowed a little in November as it carried 11.2 million passengers.
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News
Reopening Asia markets helped keep traffic on the rise in October
Strong passenger demand continued in October as fresh IATA figures show airline traffic running at almost three-quarters of pre-pandemic levels for the month.
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News
IATA sees cargo demand under more pressure in October
Air freight capacity dipped below 2021 levels for the first time since April IATA figures released today show as economic headwinds continue to tighten cargo demand.
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News
Embraer flags undisclosed order for five E195-E2s
Embraer has secured a firm order from an undisclosed airline for five E195-E2 regional jets.
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News
EasyJet chief sees consolidation through retrenchments not mergers
EasyJet chief executive Johan Lundgren believes consolidation in Europe is more likely to happen through legacy carrier retrenchments rather than merger and acquisition (M&A) activity, in part because of state support keeping failing carriers in operation.
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News
EasyJet positions to meet summer restoration of capacity
UK budget carrier EasyJet is taking steps to ensure it and suppliers have sufficient labour to meet a further pick-up in demand, as it aims to return to pre-pandemic capacity levels next summer.
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News
Capital A to divest airline units to AirAsia X as part of restructuring plan
Capital A has outlined plans to dispose of its airline interests to AirAsia X after seeking an extension from the Malaysian stock market to submit “a holistic regularisation” plan.
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News
Singapore Airlines agrees deal on Vistara merger with Air India
Singapore Airlines is to take a 25% stake in an enlarged Air India group after agreeing a deal with partner Tata Sons under which it will merge joint-venture operation Vistara with the Indian carrier.
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News
Strong summer quarter helps EasyJet cut full-year losses
Despite remaining in the red, EasyJet is pointing to a record earnings performance in the quarter ended 30 September, which helped to wipe £1 billion ($1.2 billion) off its full-year losses.
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News
Air Baltic posts profitable third quarter
Latvian carrier Air Baltic posted net profit before exceptionals in the third quarter as it sees an improvement in its financial results.