Latest analysis – Page 4
-
Airline Business
Why IndiGo believes time is right for widebody move with A350 order
IndiGo’s recently announced firm order for 30 Airbus A350-900s and 70 options marks the latest headline-grabbing move from an airline that is keen to make use of its unusually solid foundations in India’s often unforgiving airline market.
-
Airline Business
China factor continues to have big impact on airline industry recovery trends
IATA’s latest monthly data on passenger demand continues to show mostly double-digit year-on-year rises in traffic and capacity, reflecting an industry that still spent much of 2023 playing catch-up with pre-Covid levels, particularly in international markets.
-
Airline Business
Lufthansa takes actions as it counts cost of strikes and new pay deals
While Lufthansa Group put much of the focus on strike disruption for the trebling of first quarter losses and a reduced profit outlook for the year, it is almost mindful of the cost implications related to the new pay deals it took to end the disputes.
-
Airline Business
Air France-KLM looks past tricky first quarter towards ‘promising’ summer
Air France-KLM’s latest earnings release essentially left the group in a holding pattern for the coming year in financial terms, with executives expecting better times in the subsequent nine months after tricky operating conditions and one-off costs dented its early 2024 performance.
-
Airline Business
March air cargo volumes up 10%: IATA
Positive momentum for air cargo demand continued in March as it became the fourth consecutive month of double-digit year-on-year growth
-
Airline Business
GoJet dangles hefty signing bonus for captains amid revival of 40 CRJ-family jets
Rick Leach, chief executive of GoJet Airlines, sees a rare opportunity in front of the St Louis-based regional carrier created by slackening demand for pilots among its major US counterparts.
-
Airline Business
Southwest considering ‘transformational’ changes to single-class cabin: CEO
Southwest Airlines is exploring changes to its single-class cabin, potentially signalling an eventual departure from the carrier’s signature system of no assigned seating.
-
Airline Business
American Airlines ‘on track’ for full-year guidance despite first quarter loss
American Airlines executives point to positive material changes as the year progresses from its loss-making first quarter as reasons why it remains optimistic of meeting its full-year financial targets.
-
Airline Business
Norwegian buoyed by Wideroe impact as losses cut in first quarter
Norwegian flagged improved yields and load factors, together with a boost from the less seasonally affected Wideroe business, during a first quarter in which the airline narrowed operating losses to NKr763 million ($70 million).
-
Airline Business
Air Transat reaching for new horizon with flights to Africa
Eastern Canada’s Air Transat has big ambitions to expand transatlantic flying with its growing fleet of long-range jets, and Africa is now within reach.
-
Airline Business
JetBlue loses $716m amid myriad first-quarter struggles
US carrier JetBlue Airways lost $716 million in the first quarter as “significant elevated capacity” in Latin America and on domestic routes cut into the already-struggling airline’s performance.
-
Airline Business
Alaska and United bemoan strong quarters spoiled by Max 9 grounding
On back-to-back days, executives from two major US airlines described how a major safety scare and the related weeks-long grounding of all Boeing 737 Max 9 jets undermined both companies’ otherwise strong first-quarter performances.
-
Airline Business
Why United’s ‘moat’ gives Kirby confidence high margins are structural
When United Airlines beat analyst expectations this week with a smaller-than-expected first-quarter loss and higher-than-expected revenues, one person who was not surprised was chief executive Scott Kirby.
-
Airline Business
JetSmart looks to grow in Argentina as economics and regulations improve: CEO
After launching domestic service in Colombia last month, JetSmart chief executive Estuardo Ortiz is already marching toward his next conquest – Argentina – with the goal of taking advantage of seismic economic and regulatory changes.
-
Airline Business
Spirit Airlines on track for greater Q1 loss than expected
US discounter Spirit Airlines is bracing for a greater first-quarter loss than previously anticipated due to how it is accounting for $150-$200 million in compensation from Pratt & Whitney (P&W) for its grounded Airbus A320neo-family aircraft.
-
Airline Business
Delta’s Bastian upbeat on demand amid ‘most-constructive backdrop of my career’
Delta Air Lines chief executive Ed Bastian painted a positive demand picture after reiterating the airline’s full-year guidance today, describing the environment as “maybe the most-constructive backdrop” during his career.
-
Airline Business
Turkish Airlines sees growth sustaining with long-haul, cargo and AJet
While inflationary, geopolitical and aircraft availability issues continue to cloud the horizon, Turkish Airlines is still aiming to increase passenger capacity by 10% this year.
-
Airline Business
Why Brazil’s airlines are welcoming ‘great dialogue’ with government
Brazil’s airlines are continuing to navigate tough market conditions, but there are signs that the government is listening to their concerns and may be about to offer at least $1.2 billion in new credit lines amid rising capital costs in the country.
-
Airline Business
IATA global airline traffic leaps above 2019 for first time during longer February
Global airline traffic among the IATA membership in February exceeded pre-Covid levels for the first time since the pandemic, aided by the leap year adding an extra day to the month.
-
Airline Business
China Eastern frets about geopolitics amid tepid international recovery
China Eastern Airlines was the only operator among China’s ‘Big Three’ – which also includes Air China and China Southern Airlines – to remain loss-making, despite China’s pandemic restrictions having been loosened for a full year.