All articles by Graham Dunn – Page 49
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NewsArab carriers call for governments to ease travel pains
Arab airline leaders expect it to take between three to five years for passenger traffic to return to pre-crisis levels as carriers in the region have been particularly hard hit by the pandemic’s impact on international services.
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NewsRoyal Jordanian to decide on fleet renewal by year-end
Royal Jordanian Airlines aims to make a decision on the renewal of its regional and narrowbody fleets by the end of the year in support of a long-term strategic plan which envisions a near doubling of the operation.
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NewsFrankfurt airport operator raises outlook amid improving demand
Frankfurt Airport operator Fraport sees passenger numbers at Germany’s biggest hub reaching the upper end of its 20-25 million forecast for the full year after strong recovery in leisure travel during the third quarter.
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NewsItaly’s ITA Airways seals codeshare with Air Europa
New Italian carrier ITA Airways has struck a codeshare deal with Spain’s Air Europa, as it continues to fill the gap left after Alitalia ceased flights last month.
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Airline BusinessBritish Airways sees US market reopening driving business lift
Continued losses at British Airways and Lufthansa’s network carrier segment reported in the last 48 hours underline why those airlines are pinning so much hope on the reopening of the USA to international travel from Europe on 8 November.
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NewsSpanish carriers offer bright spot as IAG sees ‘inflection point’ in third quarter
IAG posted an operating loss of €452 million ($523 million) for the third quarter though its Spanish carriers Iberia and Vueling did both move out of the red.
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NewsVueling sees long-term returns from opportunistic push into new markets
Vueling chief executive Marco Sansavini believes the carrier’s moves to exploit new international opportunities that have emerged in the European short-haul market since the pandemic will provide long-term returns.
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NewsBritish Airways aiming to finalise Gatwick plans by end of November
British Airways hopes to finalise talks with unions and London Gatwick airport over a new short-haul operation in time to launch its summer plans around the end of November.
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NewsIAG chief Gallego ‘less optimistic’ about stalled Air Europa deal
IAG chief executive Luis Gallego is “less optimistic” about completing a deal to acquire Spanish carrier Air Europa, but talks are continuing with the latter’s parent company Globalia, regulators and the Spanish government.
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NewsCargo lift helps Turkish Airlines top pre-crisis profits in third quarter
Turkish Airlines profits outstripped pre-crisis levels in the third quarter as the carrier benefited from a strong cargo performance.
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NewsLufthansa chief Spohr sees no let-up in strong cargo demand
While many of the fundamentals underpinning the strong financial performance of air freight have been driven directly or indirectly by the pandemic, Lufthansa Group chief executive Carsten Spohr still sees demand remaining strong even as passenger activities recover.
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NewsLufthansa still pondering MRO unit options as strengthening efforts continue
Lufthansa Group is still evaluating whether to carry out a partial divestment of its MRO business despite progress on improving its balance sheet.
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NewsLufthansa capacity to top 70% of pre-crisis levels in 2022 as US demand booms
Lufthansa Group expects its capacity to increase to more than 70% of pre-crisis levels next year as it flags strong demand in the key transatlantic market, particularly in premium cabins.
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NewsRestructured Eurowings leads profit recovery for Lufthansa passenger units
Lufthansa Group chief executive Carsten Spohr believes the Covid crisis has accelerated the recovery of Eurowings, the low-cost unit it now expects to continue in profit after reaching that milestone in the third quarter.
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NewsLufthansa sees positive trend after returning to profit in third quarter
Lufthansa Group posted a positive adjusted operating profit for first since the pandemic and expects to avoid cash drain in the seasonally tough final quarter of the year.
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NewsEuropean budget carriers retain traffic momentum in October
Wizz Air passenger levels remained steady at just under 3 million in October as stronger travel demand was sustained into the shoulder season.
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NewsDomestic lift helps Aeroflot turn a profit for the third quarter
Aeroflot turned a group profit under Russian accounting standards for the first time since the pandemic in the third quarter, driven by a strong domestic traffic performance during the period.
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NewsSkyTeam confirms ITA to replace Alitalia as Italian partner in alliance
SkyTeam has confirmed that new Italian carrier ITA Airways will replace defunct national operator Alitalia in the global alliance.
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NewsWizz dismisses executive over undisclosed share trading
Wizz Air has dismissed its chief supply officer over a series of undisclosed share dealings following an investigation by the Financial Conduct Authority, the UK’s finance regulator.
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NewsKenya Airways strikes codeshare with British Airways
Oneworld carrier British Airways is to begin a codeshare with SkyTeam operator Kenya Airways, after the recent resumption of flights between London and Nairobi.