All articles by Graham Dunn – Page 55
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News
Finnair looks to summer recovery as loss run continues into 2021
Finnair expects first quarter losses to be comparable to the levels lost in the three quarters since the pandemic hit after today disclosing a full-year operating loss of €595 million ($718 million).
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News
Flydubai works on restoring Max flights after UAE approval
Flydubai is to start the process of returning its Boeing 737 Max aircraft to service after the UAE General Civil Aviation Authority (GCAA) cleared the type for operations again.
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Air France-KLM braced for tough first quarter after €7bn loss in 2020
Air France-KLM is warning of an even more challenging first quarter of 2021 before it hopes to lift capacity in the summer after today posting a group net loss of €7.1 billion ($8.6 billion) for the pandemic-hit 2020
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News
European ministers sign off on summer slot rules revision for airlines
European transport ministers have today formally approved temporary rules under which airlines will only have to use a minimum of 50% of their take-off and landing slots during the forthcoming summer season to retain them for 2022.
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News
2020 was worst for European airport traffic in 25 years
Trade body ACI Europe is calling for further financial support for European airports as they struggle for survival after a year in which passenger volumes fell back to levels last seen 25 years ago.
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News
MEPs back plan to ease airport slot rules for summer 2021
Members of the European Parliament have backed proposals to ease slot rules for the forthcoming summer season under which airlines only have to use half their airport slots in order to retain them for the following year.
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News
Paris airports operator works on new plan after Charles de Gaulle expansion scrapped
Paris airports operator Groupe ADP is to work on a new development plan for Charles de Gaulle airport after the French government scrapped its existing Terminal 4 project.
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News
Swissport names former EasyJet executive as new chief
Restructuring ground handler Swissport International has appointed Warwick Brady, currently head of the recently rebranded Stobart Group, as its new chief executive, enabling Christoph Mueller to take up the chairman role with the Swiss firm.
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News
TUI sees vaccine roll-out key to sparking summer travel
Travel firm TUI Group is taking encouragement that a rapid roll-out of vaccines will help fuel a return to travel even as its latest quarterly results showed the company continuing to be hammered by the Covid-19 pandemic.
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News
KLM carries out first flight part-powered with sustainable synthetic fuel
KLM last month carried out a commercial passenger flight partly flown from sustainably produced synthetic kerosene, in the latest push by the Dutch sector develop alternative fuels for aviation.
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News
Aer Lingus secures €150m loan from Irish state recovery fund
Irish carrier Aer Lingus has tapped a state-backed pandemic recovery fund to secure €150 million ($180 million) in debt funding. The capital has been secured from the Ireland Strategic Investment Fund’s (ISIF) €2 billion Pandemic Stabilisation and Recovery Fund, which the country’s finance ministry established last year to support struggling ...
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News
Norwegian flew eight aircraft on average in restriction-hit January
Restructuring low-cost carrier Norwegian operated an average of just eight aircraft in January as a result of services curtailed by travel restrictions.
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Airline Business
Traffic data shows how pandemic upset traditional hub dominance in 2020
Trying to make sense of the passenger traffic data for 2020 at airports is a nigh on impossible task given the dramatic declines reported across the globe. For an industry coming off the back of a decade of non-stop growth, at largely above-trend rates, the levels of traffic falls are ...
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Ryanair suffers heaviest traffic fall in January since crisis peak
Traffic figures from Ryanair, Europe’s biggest carrier by passenger numbers and the first in the region to report data for January, illustrate the extent to which heightened travel restrictions have further hit demand.
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News
IndiGo narrows losses in third quarter
Indian low-cost carrier IndiGo posted another loss in the third quarter of its financial year as revenues slumped by half on capacity cut 40%, though figures did mark some improvement on the previous quarter. In a stock-market announcement today, the airline’s parent Interglobe Aviation disclosed a pre-tax loss of Rs6.2 ...
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News
EasyJet operating 10% capacity but eyes chances to pounce
EasyJet expects to operate only around 10% of its capacity during the first quarter of the calendar year as travel restrictions tighten, but believes it can quickly capitalise on opportunities at key airports where rivals have retrenched. In a trading update today, the UK low-cost carrier says it carried almost ...
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News
IATA urges states to back airlines as outlook darkens
Trade body IATA is warning states will have to dig deeper over the coming months to support struggling airlines as travel restrictions continue to tighten in response to new strains of the Covid virus.
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News
UK regional Eastern Airways eyes former Flybe French routes
Eastern Airways has outlined plans to begin flights from Southampton to Nantes and Rennes in France from the end of April.
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News
New Berlin airport sees five-year wait for pre-crisis traffic return
After finally opening in October 2020 following years of delays, the operator of Berlin Brandenburg Willy Brandt airport expects a further five-year wait until pre-pandemic passenger levels return and has warned of the need for continued shareholder support to offset lost revenues.
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News
KLM maintains long-haul flights after testing protocols agreed
KLM has reached agreement with Dutch health authorities on protocols for its crews traveling from states not on the Netherlands’ list of safe countries, a move enabling it to continue long-haul operations.