All articles by Graham Dunn – Page 9
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NewsRevenue boost drives improved Aegean first quarter before currency hit
Greek carrier Aegean Airlines boosted its first quarter financial performance at an operating level after increasing revenues 17% in the first three months of 2024.
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NewsTurkish Airlines expects to ground 40-45 Airbus jets this year due to GTF engine issue
Turkish Airlines expects 40 to 45 of its Airbus narrowbodies will be grounded this year and into 2025 due to new required inspections of the jets’ Pratt & Whitney PW1100G geared turbofans (GTF).
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NewsCargo revenue helps push Turkish Airlines to first-quarter profit
Turkish Airlines posted another profitable first quarter, with its revenue climbing 10% thanks partly to strong cargo sales
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NewsAer Lingus to add Las Vegas seasonal service
Aer Lingus is to begin seasonal flights from Dublin to Las Vegas this winter, running until after the end of the Easter holiday in late April.
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NewsIberia to launch A321XLR with Boston and Washington DC routes
Iberia has named Boston and Washington DC as the likely inaugural destinations for the Airbus A321XLR when it becomes the first carrier in the world to launch flights with the long-range narrowbody later this year.
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NewsBiden signs wide-ranging FAA reauthorisation bill into law
US President Joe Biden has signed into the law the new Federal Aviation Administration (FAA) Reauthorisation Act setting out a wide-ranging programme for aviation infrastructure and safety investment and reforms through to September 2028.
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NewsPortugal formally selects military airfield site for new Lisbon international hub airport
Portugal’s government has selected the military airfield of Alcochete as the site for a new airport in Lisbon with the capability of meeting projected demand of 100 million passengers annually by 2050.
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NewsEasyJet chief takes heart from close rejection by pilots of pay deal
EasyJet chief executive Johan Lundgren struck a hopeful note after pilots represented by UK cockpit union BALPA rejected a new pay deal, pointing to the closeness of the vote.
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Airline BusinessContinuity counts as EasyJet sticks to the script with Jarvis appointment
It is perhaps unsurprising that EasyJet’s choice of chief executive to succeed the outgoing Johan Lundgren comes from within the group
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NewsEasyJet makes Southend return
UK low-cost carrier EasyJet will operate three Airbus A320neos at London Southend airport from March next year after announcing plans to restore its base there.
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NewsEasyJet finance chief Jarvis to succeed Lundgren as CEO in 2025
EasyJet chief executive Johan Lundgren is to step down early next year after seven years at the helm of the UK low-cost carrier, to be succeeded by chief financial officer Kenton Jarvis. Lundgren has been chief executive of the carrier since December 2017 and will leave the airline “early in ...
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NewsConsortium co-led by Khazanah bids for full control of Malaysia Airports
A consortium led by two Malaysian state-linked investment firms has made an offer to acquire full control of Kuala Lumpur International and Istanbul Sabiha Gokcen airports operator Malaysia Airports Holdings.
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NewsBonza administrators extend grounding until 29 May
Administrators for grounded Australian carrier Bonza have extended the cancellation of flights for a further two weeks as they continue to evaluate options for saving the company.
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Airline BusinessWhy Azul is banking on growth model to boost profitability
Azul executives believe an influx of aircraft over the second half of the year and fleet utilisation initiatives will enable the Brazilian carrier to further boost profitability after detailing an improved first quarter performance.
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NewsAzul quiet on Gol speculation
Brazilian carrier Azul would not be drawn in on speculation linking it to a possible move for rival operator Gol, as the carrier today disclosed improved first-quarter results.
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NewsAdministrators assessing financial position as Air Vanuatu enters liquidation process
Administrators are assessing the financial position of South Pacific island operator Air Vanuatu after it named financial firm EY as liquidator and grounded flights on 9 May.
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NewsIAG lifts first quarter operating profit on strong passenger demand
British Airways and Iberia parent IAG increased operating profits before exceptionals in the first quarter to €68 million ($59 million) driven by higher passenger revenues for the period.
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NewsEtihad boosts Q1 profits on strong passenger demand and lower financing costs
Increased passenger revenues and reduced financing costs helped Etihad Airways to boost first-quarter net profits to $143 million.
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Airline BusinessWizz puts its faith in SAF amid scarcity, mandates and increased momentum
While much of the attention of Wizz Air’s eye-catching investment in a UK firm with ambitions to turn human waste into a biofuel was on the unlikely source of the feedstock, more significant perhaps is the low-cost carrier’s increased interest in sustainable aviation fuel (SAF).
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NewsLufthansa names Amadeus CFO as new group finance chief
Lufthansa Group has named Till Streichert, chief financial officer of technology firm Amadeus, as its new finance head in succession to Remco Steenbergen.