All articles by Graham Dunn – Page 59
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NewsLosses treble at Kenya Airways amid worst year for traffic since 1999
Kenya Airways’ losses tripled to KShs36 billion for the 12 months to December 2020, a year in which pandemic disruption led to passenger levels falling to their lowest level since 1999.
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NewsFormer Spirit chief takes vice-chairman role at India’s GoAir
Former Spirit Airlines chief executive Ben Baldanza is to become vice-chairman of Indian carrier GoAir as it looks to strengthen its senior management and develop its ultra-low-cost model.
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NewsAir China strikes deal with GECAS unit to acquire A320neos
Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments.
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NewsIndigo Partners raises £400m after selling more Wizz shares
Indigo Partners has sold just over half of its 17.5% stake of ordinary shares in European budget carrier Wizz Air through a placement to institutional investors.
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NewsAir Baltic to resume non-EU flights
Latvian carrier Air Baltic is to begin restoring flights outside of the European Union, initially resuming services to the Ukraine capital Kiev.
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NewsAir Atlanta Icelandic buys Boeing 747 simulator from British Airways
Air Atlanta Icelandic has acquired one of British Airways’ Boeing 747-400 full flight simulators following the retirement of the type from the UK carrier’s fleet last year.
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NewsEmirates to deepen TAP Air Portugal codeshare
Middle East carrier Emirates is deepening its codeshare with Star Alliance carrier TAP Air Portugal under a fresh agreement.
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NewsWizz Air UK to have four A321neos by end of May
Wizz Air’s UK operation will have four new Airbus A321neos in its fleet by the end of May after today carrying out its first flight with the Pratt & Whitney GTF-powered narrowbody.
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NewsIcelandair returns Boeing 737 Max to revenue service
Following the lifting of the 737 Max’s grounding, Icelandair has resumed commercial flights using the Boeing narrowbody after a nearly two-year break.
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NewsTurkish Airlines posts $836m net loss for 2020 despite freight boost
A strong rise in cargo revenues helped Turkish Airlines end 2020 with a profitable final quarter at an operating level, though the Star Alliance carrier still posted a net loss of $836 million for the full-year.
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NewsRyanair and Wizz fly less than a million passengers between them in February
Ryanair and Wizz Air passenger numbers were down 95% and 87%, respectively, in February as the two European low-cost airlines carried less than a million passenger between them during the month.
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NewsBA premium-economy roll-out plays well for recovery phase: Doyle
British Airways chief executive Sean Doyle believes the increased mix of premium-economy seating in its capacity is well timed to cater for the likely slower pick-up in business traffic during the pandemic recovery phase.
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NewsIAG sees long-haul driving passenger revenues since September
IAG carriers British Airways and Iberia have been generating the majority of their passenger revenues from long-haul flights in recent months, driven by resilient demand for visiting friends and relatives (VFR) travel.
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NewsGallego sees Air Europa deal more likely to close in late 2021
IAG chief executive Luis Gallego expects completion of the group’s planned acquisition of Spanish carrier Air Europe to be nearer to year-end, having set a second-half target to close the delayed deal.
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NewsIAG to operate 20% of capacity in first quarter after tumbling to €7.4bn loss
British Airways and Iberia parent IAG expects to operate just a fifth of its 2019 capacity in the first quarter after disclosing it swung to a €7.43 billion ($9.1 billion) operating loss last year. IAG posted a €1.47 billion loss for the fourth quarter, a period in which it operated ...
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NewsHeathrow Airport losses top £2 billion in pandemic-hit 2020
London Heathrow airport’s operator ended last year with enough liquidity to see it through until 2023 after a dreadful 12 months in which it lost just over £2 billion ($2.8 billion).
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NewsVolotea sees growth after switch to all-Airbus fleet
European carrier Volotea could add four further Airbus narrowbodies to its fleet this summer after completing the withdrawal of its Boeing 717 fleet.
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NewsGulf Air to make Singapore return in April
Gulf Air is to launch a weekly service from Bahrain to Singapore in April, reviving a route it last operated more than a decade ago. The Bahraini carrier will deploy a Boeing 787-9 on the service to Singapore, which it describes as a ”boutique destination”. Source: Soos Jozsef/Shutterstock.com ...
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In depthLuis Gallego – IAG
Succeeding the founding and high-profile chief executive of European airline group IAG would be a tough assignment under normal circumstances. For the former Iberia chief executive Luis Gallego, who succeeded Willie Walsh in the role last September, these are anything but normal times. IAG must navigate a course through ...
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In depthTony Douglas – Etihad Airways
Gulf carrier Etihad Airways was just starting to emerge from its major restructuring under chief executive Tony Douglas when the global pandemic took hold. While this left the carrier in better shape to cope with the challenges the pandemic brought, it took the momentum out of its recovery. For ...