All articles by Graham Dunn – Page 34
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News
IAG sees full-year operating profit of €1.1bn after confirming strong third quarter
European airline group IAG expects to post an operating profit of €1.1 billion ($1.1 billion) before exceptionals for the full-year after confirming a strong third quarter in which all of its carriers were back in the black.
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Gol to add more 737 Max 10s from 2027 and taps ‘white-tail’ market
Brazilian carrier Gol has struck a deal with Boeing covering delivery of a dozen 737 Max 10 jets from 2027 as part of fleet plans which will also see it take ‘white-tail’ aircraft to help reach its target of having 44 Max aircraft by year-end.
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Surging revenue returns Gol to Q3 operating profit
Brazilian low-cost carrier Gol posted record revenues of R$4 billion ($750 million) and the highest yields in its history during the third quarter.
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Paris airports operator raises traffic outlook again
Paris airports operator Groupe ADP has further lifted its passenger traffic expectations for the year after a strong summer performance.
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Heathrow lifts passenger outlook but flags demand return ‘a number of years’ away
London Heathrow airport’s operator still does not expect demand to return to pre-pandemic levels for “a number of years” despite raising its passenger forecast for this year after a strong summer.
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Airline Business
Can Argentina’s aviation sector tap growth potential?
Argentinian carriers young and old are seeking to take advantage of a post-pandemic tourism drive in the country, but the growth path ahead is far from certain.
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Volaris keeps foot on growth pedal but fuel costs drag down Q3 profits
Mexican low-cost carrier Volaris lifted revenues a fifth in the third quarter as its strong growth continues, but higher fuel costs dragged down its profits for the period.
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Start-up Aeroitalia plans Bergamo-Heathrow flights in December
Italian start-up Aeroitalia is to begin flights to London Heathrow airport from Milan Bergamo airport in December.
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Rex sees domestic jet operations turn profit in September
Australia’s Regional Express (Rex) reported its first profitable month of domestic jet operations in September.
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Schiphol to take 40% stake in Maastricht airport under partnership deal
Royal Schiphol Group is to take a 40% stake Maastricht Aachen airport under a strategic partnership which envisages the Dutch regional airport having a major focus on electric-powered flights in future.
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ITA board hands president’s powers to chief executive Lazzerini
ITA Airways directors have stripped executive president Alfredo Altavilla of his powers and handed them to chief executive Fabio Maria Lazzerini.
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Wingo to take ninth 737 after strong post-pandemic growth
Copa Airlines’ low-cost carrier Wingo will take its ninth aircraft next month as it continues its rapid recovery from the pandemic.
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Greater harmonisation key to tapping Caribbean potential: Bahamasair chief
Bahamasair chief executive Tracy Cooper is calling for greater harmonisation efforts to ease travel within the Caribbean, particularly on intra-island services.
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United upbeat on profits path after revenues surge in strong third quarter
United Airlines expects its adjusted operating margin to top 2019 levels for the first time in the fourth quarter after reporting a strong three months ending 30 September in which revenues were 13% above pre-pandemic levels.
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Heathrow’s Leahy takes fresh role in relationships drive
London Heathrow Airport has appointed its director of operations Kathyrn Leahy to a new role covering stakeholder relationships after a challenging summer in which airlines hit out at a cap on departures imposed amid a shortage of ground-handling resources.
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News
Flybondi issues RFP for five more aircraft in 2023
Argentine low-cost carrier Flybondi has issued a request for proposals to lessors covering five more Boeing narrowbodies for 2023 as it expects its fleet to reach a dozen aircraft by year-end.
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News
Aerolineas Argentinas aims for 10 more 737 Max jets over next three years
Aerolineas Argentinas hopes to add 10 more Boeing 737 Max jets over the next three years under a fleet growth plan.
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News
ALTA president urges policies to drive SAF production in Latin America
Public policies are required by Latin American and Caribbean governments to incentivise production of sustainable aviation fuel (SAF) if the region is to be independent in helping carriers transition to net-zero carbon emissions, the president of trade body ALTA says.
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News
Air Tahiti firms ATR 42-600S commitment and adds further 72-600
Air Tahiti has signed for an additional an ATR 72-600 and firmed its previous commitment to take two of the manufaturer’s new short take-off and landing (STOL) version of the ATR 42-600 turboprop.
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Airline Business
How leading Latin carriers are faring in return to pre-crisis levels
After the most challenging of two years, the recent earnings quarter for Latin American operators offered an altogether more positive picture.