All articles by Graham Dunn – Page 52
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News
Lufthansa launches $2.5bn capital raise to repay state support
Lufthansa is launching a €2.14 billion ($2.50 billion) capital raise aimed at strengthening its equity position and repaying part of the German state’s investment in the airline during the crisis.
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Administrator sets €290m starting price for Alitalia brand
Administrators for Alitalia will tomorrow launch a tender for the Italian carrier’s brand, having the set the price at €290 million ($341 million) to participate.
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Lufthansa names new head for Air Dolomiti
Lufthansa has named Steffan Harbarth as the new chief executive of its Italian regional carrier Air Dolomiti, with effect from the start of next year.
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Ryanair raises long-term traffic target as it seeks to capitalise on crisis
Europe’s biggest budget operator Ryanair now expects to carry 225 million passengers by March 2026, an increase of 25 million on its previous expectations.
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Tata Sons among bidders for Air India
Indian conglomerate Tata Sons is among those to submit bids for the renewed attempt to sell Air India, the deadline for which passed today.
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Norway’s competition regulator argues for longer runways to boost PSO interest
Norway’s competition regulator has made a case for longer runways at some of the country’s smaller airports with the aim of increasing interest in public service obligation route tenders in future.
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EC clears Italy’s ITA for fresh start after ruling no liability for Alitalia state aid
European competition regulators have cleared a €1.35 billion ($1.6 billion) Italian capital injection into Italia Trasporto Aero (ITA) and ruled the new operation is not liable to repay €900 million in illegal state aid received by national carrier Alitalia.
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UK travel ‘traffic light’ system needs to be simplified: Doyle
British Airways chief executive Sean Doyle has called on the UK government to overhaul its existing ”traffic light system” in order to simplify travel rules for customers.
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Offsetting just part of climate change action: British Airways chief
British Airways chief executive Sean Doyle believes the carrier is demonstrating its commitment to meeting emissions targets goes well beyond offsetting measures after unveiling a fresh programme of initiatives tackling the impact of climate change.
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BA must be ‘honest’ about what it needs to compete at Gatwick: Doyle
British Airways chief executive Sean Doyle believes the airline must be “honest” in assessing how it can compete at London Gatwick airport as talks continue on establishing a new lower-cost operation.
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European carriers report traffic lift in August, but caution remains over winter
Ryanair and Wizz Air both today disclosed their highest monthly passenger numbers since the pandemic hit, but concerns around travel demand in Europe for the winter remain as Jet2 flagged continuing slower booking momentum for the period.
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Icelandic start-up Play signs preliminary deals on fleet expansion
Icelandic start-up carrier Play has signed letters of intent with lessors covering six more Airbus A320neo family aircraft.
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Cargo lift takes edge off Kenya Airways losses in the first half
A jump in cargo activity helped Kenya Airways offset lower passenger volumes during the first half of 2021, enabling it to shave a fifth off its losses for the period.
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Kenya’s Renegade Air launches second scheduled service
Kenyan regional operator Renegade Air has today launched its second scheduled service, a twice-daily connection linking Nairobi to Kisumu.
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India clears Boeing 737 Max for return to service
Indian regulators have cleared the country’s carriers to resume operations with Boeing 737 Max aircraft.
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South African Airways and Comair to restart flights in September
South African Airways plans to resume passenger flights on 23 September, restoring services after a major restructuring and the continued impact of the pandemic on air travel demand.
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Gatwick airport to launch consultation on dual-runway expansion plan
London Gatwick airport will next month launch a public consultation over plans to bring its northern runway into routine use to support long-term growth ambitions of lifting passenger capacity to 75 million by 2038.
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Italian carrier ITA targets September fleet decision as bookings set to start
After firming a preliminary bid for assets from Alitalia, Italy’s new national airline Italia Trasporto Aereo (ITA) plans to begin ticket sales on 26 August ahead of a planned launch of operations on 15 October.
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Icelandic start-up Play applies to launch transatlantic flights
Icelandic start-up carrier Play has filed for authority to begin services from Reykjavik to the US east coast next summer as it plots the next steps of its development.
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Emirates cements partnership with South African regional Airlink
Emirates has expanded its co-operation with South African regional operator Airlink into a full codeshare partnership.