All articles by Graham Dunn – Page 28
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Airline Business
Schiphol measures illustrate Europe not past operational worries yet
Amsterdam’s Schiphol airport operator sought no hiding place when it termed 2022 a “poor year” in last week disclosing an operating loss €77 million ($82 million).
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British Airways chief upbeat on summer as recruitment drive set to tail off
British Airways chief executive Sean Doyle believes the UK carrier will have sufficient staff to meet demand this summer in contrast to the challenges the industry faced ramping up a year ago.
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IAG chief expects Spanish acquisition, with greater market ‘certainty’ supporting Air Europa deal
IAG group chief executive Luis Gallego sees “more certainty” in the market as providing greater hope that it can complete a deal for Air Europa after a previous acquisition attempt collapsed in late 2021.
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Spanish carriers lead IAG profit return in 2022
All four of IAG’s major airlines returned to the black in 2022, a year in which its Spanish carriers Iberia and Vueling came closest to matching pre-pandemic operating profitability.
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IAG agrees deal to acquire full control of Air Europa
Iberia parent IAG has agreed a deal with Air Europa owner Globalia to acquire the remaining 80% of the Spanish carrier in a transaction it expects to take 18 months to clear regulatory approvals.
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Lufthansa shuffles management as commercial chief takes group role
German carrier Lufthansa has named Heiko Reitz as it new chief commercial officer, with incumbent Stefan Kreuzpainter taking up a Lufthansa Group role with responsibility for network alliance and partner management.
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Airline Business
Atlanta heads the pack as US airports lead traffic growth in 2022
Atlanta Hartsfield airport handled just under 94 million passengers last year, still short of pre-pandemic highs but enough to see it retain its crown as the busiest airport in the world.
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ITA debuts third new Airbus type inside a year
ITA Airways has launched scheduled flights with its first Airbus A320neo aircraft, the third new type the Italian carrier has debuted within the last year.
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Hans Airways' start-up struggles persist as AOC delays hit launch hopes
UK start-up Hans Airways is set to relinquish its only aircraft, an Airbus A330-200, and open talks with potential new investors after delays in securing its air operator’s certificate.
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FlyArystan growth helps Air Astana to profits high in 2022
Kazakhstan’s Air Astana posted its highest after-tax profit of $78.4 million in 2022 on record passenger and revenue figures.
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Schiphol slips to loss as operational challenges plague 2022
Amsterdam Schiphol airport’s operator made a loss of €77 million ($82 million) last year, after incurring an extra €120 million in costs as it struggled to keep pace with recovering traffic demand amid ongoing labour shortages.
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Norwegian looks at extending leases as it braces for more delivery delays
Scandinavian carrier Norwegian is considering extending leases on some of its existing fleet as it braces for further aircraft delivery delays next year.
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Air India signs letter of intent for Airbus portion of major jet order
Air India has signed a letter of intent for 250 Airbus jets, including 40 A350s alongside A320neo-family narrowbodies
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TUI retains full-year profit hopes after strong bookings start to 2023
European travel firm TUI Group is reporting a strong start to the calendar year for bookings in it’s Markets & Airlines division as it reiterated its group guidance for a significant improvement in underlying EBIT for the year to 30 October 2023.
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Virgin Atlantic calls time on Pakistan routes
Virgin Atlantic is to end its services to Pakistan this summer, routes the UK carrier had begun serving during the pandemic.
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Air Arabia posts record profit as traffic surged back in 2022
Air Arabia posted record net profits for 2022 as strong demand and expansion into new markets helped the low-cost operator surpass pre-pandemic passenger levels.
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Mango administrator launches legal bid to secure rescue decision
Mango Airlines’ administrator is launching a legal bid to secure a decision from the South African public enterprises minister to unblock a planned potential rescue deal for the airline.
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British Airways fills South African partner gap with Airlink codeshare
British Airways has sealed a codeshare agreement with South African carrier Airlink, helping to fill the void left by the collapse of long-standing franchise partner Comair last summer.
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Airline Business
How supply-demand crunch has given A380 a fresh lease of life
After initially looking as though the pandemic was going to bring an unceremonious end to several carriers’ Airbus A380 operations, a capacity shortage means the ultra-large jet will be flying far more widely this summer than previously expected
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KLM and Swiss latest European carriers to restore China services
Dutch carrier KLM is to restore services to Beijing and increase frequencies to Shanghai this summer, while Swiss International Air Lines will resume passenger flights to the latter Chinese city.