All articles by Graham Dunn – Page 59
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NewsLufthansa to scale winter capacity back after further losses in third quarter
Lufthansa Group will cut capacity to no more than a quarter of previous-year levels for the rest of the 2020 after disclosing a third-quarter net loss of almost €2 billion ($2.3 billion).
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NewsStobart bids for fresh Aer Lingus deal to speed regional airline sale
Stobart Group has entered a tender to secure a long-term flying agreement with Aer Lingus beyond 2022 as part of its effort to dispose of regional carrier Stobart Air before the end of March 2021.
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NewsSpain agrees €475m Air Europa aid package
Spain’s cabinet has agreed a €475 million ($552 million) support package for Air Europa, the first funding delivered under a wider scheme established by the government in July. The funds have been released as part of a €10 billion solvency support fund for strategic companies set aside by the Spanish ...
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NewsShift to domestic markets helps Volotea limit crisis impact on traffic
European carrier Volotea is crediting a shift of its network strategy to focus on domestic flights for a July-September traffic performance in which declines in passenger levels were kept to less than a quarter. Volotea says it handled 2.4 million passengers in the third quarter, down only 23% on the ...
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NewsRyanair and Wizz traffic down 70% in October
Traffic data released this morning from European low-cost carriers Ryanair and Wizz Air for October shows passenger levels running 70% down on prior-year levels as travel restrictions across Europe took further hold.
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NewsLast Avro RJ leaves CityJet fleet
Irish wet-lease operator CityJet has withdrawn the last of its BAE Systems Avro RJ85 regional jets, ending a 27-year association with the type and its predecessor, the BAe146. The operator’s final RJ85, registration EI-RJF, left Dublin on 2 November bound for Reykjavik. The aircraft was en-route to the USA where ...
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NewsSpirit completes Bombardier aerostructures acquisition
Spirit AeroSystems has completed its acquisition of Bombardier’s aerostructures and aftermarket services businesses.
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NewsRomanian budget carrier Blue Air to add Heathrow and Frankfurt
Romanian low-cost carrier Blue Air is to switch its London flights to Heathrow from December and launch Frankfurt services next summer as it bids to challenge network carriers in their hubs. Blue AIr has served London Luton airport since 2012, but will begin Bucharest to Heathrow flights from the start ...
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NewsComair restart hopes boosted by competition commission backing
Comair’s efforts to resume operations have been bolstered after competition regulators backed a consortium’s proposed bid to acquire the South African carrier from business rescue.
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NewsState to recapitalise Finnish airports operator as traffic slumps
Finland is to provide a €350 million ($414 million) recapitalisation of state-owned airports operator Finavia amid the continued slump in air traffic demand. Passenger traffic remained 90% down in September across Finavia’s airports and 92% down at its biggest gateway, Helsinki. In response, Finavia will shut one of the three ...
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NewsParis airports operator cuts full-year traffic hopes on second wave
Paris airports operator Groupe ADP has lowered its traffic expectations for the remainder of the year and now expects passenger levels across its Parisian airports to be between 65% and 70% down on 2019. The company detailed the fresh outlook, which reflects the resurgence of the Covid-19 outbreak across Europe, ...
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NewsIndian regional Alliance Air posts first profit prior to pandemic
Air India regional unit Alliance Air posted its first ever operating profit in the year immediately prior to the global pandemic hitting air travel demand.
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NewsDeal restores flights between India and Germany
India has struck a deal to restore flights to Germany, which had ended abruptly in late September amid a row over parity of services.
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Airline BusinessInterest in revived Flybe shows continued faith in regional opportunity
On this face of it, plans to revive a loss-making UK regional operation at a time when all airlines, regardless of model, are struggling to survive would seem unlikely.
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NewsAir Canada chief Rovinescu to retire in early 2021
Long-standing Air Canada chief executive Calin Rovinescu is to retire in February and will be replaced by his deputy and chief financial officer Michael Rousseau.
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Airline BusinessHow domestic capacity return varies across key markets
Domestic markets have been a salvation for many airlines as the global pandemic continues to batter international travel.
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NewsTraffic down 80% at major European hubs in September
September figures for Europe’s biggest hub airports show passenger traffic down more than 80% on previous year levels, data for London Heathrow, Frankfurt Airport and Paris Charles de Gaulle reveals. Heathrow, Europe’s busiest airport, on 12 October disclosed its passenger numbers fell 81.5% to 1.26 million in September. Domestic and ...
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NewsFormer Wizz deputy chief to lead Canadian budget carrier Flair
Canadian low-cost carrier Flair Airlines has named former Wizz Air deputy chief executive Stephen Jones to lead the company. He will replace Flair’s outgoing president and chief executive Jim Scott, who will remain a shareholder of the airline. Source: Flair Airlines Jones served as deputy chief executive at ...
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Airline BusinessCruz leaves British Airways with unfinished business
Ultimately it perhaps is not that surprising that the stepping down of IAG’s long-term group chief executive Willie Walsh should be followed by the departure of British Airways chief executive Alex Cruz. Walsh stepped down as leader of BA parent IAG in September, after delaying his initial departure to help ...
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NewsWeekly flights across European network fall below mid-July levels
Fresh data from Eurocontrol shows there were under 100,000 weekly flights across the European network for the first time since mid-July. Eurocontrol’s latest weekly dashboard indicates there were 99,217 flights during the week ending 11 October. “[The] Network saw fewer than 100k flights – the first time this has happened ...