All articles by Graham Dunn – Page 4
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Airline Business
Airline Business Rankings: How Latin American carriers rebounded in 2023
Latin America’s leading airline groups enjoyed a strong 2023 as both revenues and profits outstripped pre-pandemic levels almost across the board
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Airline Business
Airline Business Rankings: How airline top order has re-established after Covid
For all the talk of coming out of Covid differently, now that the industry has all but returned to the point it was at when the pandemic hit, the list of leading players has a familiar feel to it.
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Airline Business
Airline Business Rankings: 2023 – the year traffic caught back up
Leading global airline groups all but caught up with 2019 traffic and capacity last year, even if it remains a mixed picture across different operators and regions
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Airline Business
Airline Business Rankings: Strong financial return for leading airlines in 2023
The latest Airline Business Rankings show that profitability among the top 100 operators reached highs beyond 2019 levels off the back of record revenues, but that carriers now find themselves at very different points of the recovery cycle
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News
Aer Lingus to use A321XLR to open Nashville route next summer
IAG carrier Aer Lingus is to launch direct flights from Dublin to Nashville next summer, the first new route identified for its incoming longer-range Airbus A321XLRs.
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News
KLM rolls out €450m efficiency plan to tackle costs challenges
Dutch carrier KLM has rolled out a string of cost-saving initiatives aimed at improving its operating result by €450 million ($498 million) in the short-term as it bids to boost its efficiency.
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News
ITA to tap Alitalia heritage as revenues jump in first half
Buoyed by an improved operating performance over the first half of the year, Lufthansa Group-bound Italian carrier ITA Airways today unveiled plans to utlise the Alitalia name as part of its future branding strategy.
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News
Kenyan regional Renegade Air launches ATR 72-500 cargo flights
Kenyan carrier Renegade Air has launched flights using a converted ATR 72-500 freighter it has taken from turboprop lessor Abelo.
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Airline Business
Week 37 2024: European airlines position for next round of consolidation moves
Attention in Europe is again turning towards consolidation, with the mergers and acquisition merry-go-round likely to crank up a gear in the coming weeks.
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News
Dutch government revises Schiphol flight cuts plan
The Dutch government has put forward revised proposals to lower noise pollution at Amsterdam’s Schiphol hub which would likely reduce the overall cuts in flights required at the airport.
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News
Virgin Atlantic to start Riyadh flights and make Accra return
UK carrier Virgin Atlantic is to launch its first flights to Saudi Arabia next summer by beginning services to Riyadh, while also serving Accra in Ghana for the first time in over a decade.
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News
China Southern leads way on profits among top Chinese carriers in first half
China Southern Airlines continues to lead the way among the country’s leading three operators after trebling its operating profit at the halfway point of the year, though all three carriers remain in the red at a net level amid mixed fortunes.
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News
SpiceJet to furlough 150 cabin crew amid funding efforts
Under-pressure Indian low-cost carrier SpiceJet is to furlough 150 cabin crew staff during the off-peak travel season as it continues to battle financial challenges.
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News
Engineering boost helps TAP counter Brazilian currency hit in second quarter
Privatisation target TAP Air Portugal boosted its recurring operating profit in the second quarter, although its net performance was dragged down by the currency challenges in its key Brazilian market.
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News
Kenya Airways posts first net profit for over a decade
Kenya Airways posted its first interim net profit in over a decade during the first six months of the year, as revenues increased by more than one-fifth.
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Airline Business
Week 34 2024: Currency pain adds to Brazilian carrier challenges
Attention turned to Latin American carrier fortunes last week as airlines in the region reported second-quarter results amid economic challenges in Brazil and Colombia.
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News
Air Baltic signs for 10 additional A220-300s
Latvian carrier Air Baltic has exercised options on another 10 Airbus A220-300s, taking its total commitment to 90 aircraft.
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News
Ethiopian Airlines eyes 2029 opening for new hub as plans take shape
Ethiopian Airlines Group has signed an advisory and consultancy contract with Dar Al-Handasah Consultants covering plans for a new 110 million passenger airport located around 25 miles (40km) southeast of its existing Addis Ababa Bole hub.
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Airline Business
Turkish Airlines outlines mixed picture as yield declines slow but cost pressures tighten
While Turkish Airlines operating profitability slipped in the second quarter, the carrier took encouragement from an easing in the yield declines that have been evident since the start of the year.
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News
AJet adds extra back-up aircraft to bolster operations
Turkish Airlines low-cost unit AJet lifted to a dozen the number of back-up aircraft as well adding more buffer into its operations as part of efforts to bolster its performance amid challenges to its aircraft availability.