Latest analysis – Page 28
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Airline BusinessANA, SIA look for big network effect with joint venture
The proposed joint venture between All Nippon Airways and Singapore Airlines could offer substantial benefits to both Star Alliance carriers. The chief executives of the two airlines, Yuji Hirako of ANA and Goh Choon Phong of SIA, announced the plan at a joint press conference at a Tokyo hotel on ...
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Airline BusinessWhich airlines are most exposed to mainland China amid the coronavirus?
Airlines are continuing to suspend international capacity to mainland China in the wake of the coronavirus – but the significance of such decisions to their overall networks varies wildly.
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Airline BusinessHawaiian full year income falls as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income for the full year 2019 fell 25% to $219 million compared to the same period a year ago as it faced stiff new competition on some of its stronger routes within the Hawaiian Islands, to the US mainland and to Japan.
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Airline BusinessWhat does LOT’s purchase of Condor mean for Europe’s airline market?
The conventional wisdom in the European airline industry tends to be that inevitable consolidation will be based around growth of the five biggest groups: Air France-KLM, EasyJet, IAG, Lufthansa Group and Ryanair.
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Airline BusinessRyanair heads European traffic as airlines slow pace in 2019
Strong growth at its new Austrian unit Lauda helped low-cost carrier Ryanair reclaim its position as the biggest European airline group by passenger number in 2019, though overall growth among leading carriers in the region lagged previous years.
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Airline BusinessAmerican Airlines posts strong 2019, expects 737 Max in second half of 2020
American Airlines posted higher revenue and profit figures for the full year 2019 than a year earlier, as strong demand countered fallout from the Boeing 737 Max crisis.
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Airline BusinessFreighter conversions fall away sharply in 2019
Freighter conversions fell 33% in 2018, with declines in the widebody, narrowbody, and regional aircraft freighter segments. Cirium fleets data shows that 2019 saw 74 commercial aircraft converted to freighters, down from 110 in 2018. Source: Cirium fleets data Freighter conversions by year Widebody conversions halved ...
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Airline BusinessCoronavirus outbreak follows years of strong airline traffic growth at Wuhan airport
The Wuhan Coronavirus outbreak in China comes after years of strong traffic growth from Wuhan Tianhe International airport, which serves dozens of domestic and international destinations. Media reports about the outbreak indicate that reported cases have risen to over 440 with nine fatalities being recorded. The virus, which is in ...
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Airline BusinessAirlines face series of challenges in first days of 2020
If airlines were hoping for a quiet start to 2020, several events at the turn of the year have served as a reminder that nothing should be taken for granted.
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Airline BusinessEasyJet to make Sharm el-Sheikh return
Low-cost carrier EasyJet’s move to resume flights to the Egyptian resort of Sharm el-Sheikh this summer marks a further UK operator return to what had been a key leisure destination.
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Airline BusinessClark and Walsh to leave formidable legacies at Emirates and IAG
The coming year will see the retirement of two huge names within the airline sector who have been at the heart of some of the global industry’s most significant developments: IAG’s Willie Walsh and Emirates Airline’s Tim Clark.
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Airline BusinessAsia-Pacific deliveries surge in final month of 2019
Asia-Pacific carriers received 86 of the new commercial aircraft delivered in December 2019, with the year’s last month again the biggest in terms of deliveries. European carriers followed with 30 deliveries, North American carriers with 28, and Middle Eastern carriers with 18, according to Cirium fleets data. Source: ...
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Airline BusinessDecade of mainline fleet evolution driven by growth and consolidation
Last year the aviation industry marked the centenary of international air travel. While much changed over those first 100 years, the most recent decade has seen some remarkable developments with unprecedented growth in commercial fleets driven by the expansion of the low-cost sector and the rise of new entrants. There have also been some interesting changes in the size and shape of the major airline groups, measured by fleet size.
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Airline BusinessRising costs may threaten US majors’ profit margins in 2020
Consumer confidence in the US economy and a declining unemployment rate drove demand for air travel in 2019. That was good news for the four major US carriers, but for three of them there was the question of whether they would have the aircraft to meet that rising demand.
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Airline BusinessHong Kong Airlines’ woes offer hard lessons
Embattled Hong Kong Airlines may have been spared sanction, but the airline is still a far cry from the confident carrier of years’ past. What went wrong along the way, and what lessons hold for the Hong Kong airline market?
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Airline BusinessWhy IATA is sounding a more optimistic note for airlines in 2020
When IATA delivered a further downgrade of its industry profits outlook for this year, it was perhaps more notable that it struck such a positive tone when it came to 2020.
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Airline BusinessNorth American airline profits seen strengthening in 2019
IATA sees all regions except North American carriers making less profits in 2019 than it expected six months ago, but by contrast expects all these other regions to improve their performance next year.
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Airline BusinessDo high-profile failures tell the airline story of 2019?
Collective airline profits are likely to end 2019 still relatively high by the industry’s historical performance standards, if short of their more recent peaks. But several high-profile failures mean it feels like anything but a banner year for the sector.
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Airline BusinessLack of 737 Max continues to depress Asia-Pacific deliveries
Airbus is enjoying strong Asia-Pacific deliveries of the A320neo family amid Boeing’s 737 Max woes.
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Airline BusinessPilots union throws support behind United’s CEO-designate Kirby
The decision by United Airlines to name Scott Kirby as its next chief executive has been firmly endorsed by United’s pilot union, which views the change as a sign that United will continue its aggressive expansion.