Latest stories – Page 22
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Airline BusinessLufthansa banks on seating options with €2.5bn long-haul product upgrade
German carrier Lufthansa will equip more than 80 new widebodies and retrofit other aircraft as part of a €2.5 billion ($2.6 billion) long-haul product revamp revealed in Berlin today.
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Airline BusinessSchiphol measures illustrate Europe not past operational worries yet
Amsterdam’s Schiphol airport operator sought no hiding place when it termed 2022 a “poor year” in last week disclosing an operating loss €77 million ($82 million).
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Airline BusinessScoot’s Embraer deal: step-change or ‘low-risk’ experiment?
While Scoot’s deal to lease nine Embraer E190-E2s presents opportunity for its network, it remains to be seen if it will lead to more Southeast Asian operators taking in regional aircraft.
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Airline BusinessAtlanta heads the pack as US airports lead traffic growth in 2022
Atlanta Hartsfield airport handled just under 94 million passengers last year, still short of pre-pandemic highs but enough to see it retain its crown as the busiest airport in the world.
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Airline BusinessIndiGo well positioned for India air travel boom: Elbers
Pieter Elbers has secured some early wins as the new chief executive of Indian low-cost carrier IndiGo, as he contemplates long-term growth in what is destined to be one of the world’s most important aviation markets.
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Airline BusinessSriLankan Airlines chief talks ‘cautious’ recovery as airline eyes restructuring
SriLankan Airlines is emerging from the double whammy of a pandemic and political crisis with cautious optimism. Airline chief Richard Nuttall is looking to restructure the airline’s balance sheet, while working to restore its network and fleet.
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Airline BusinessWhat factors are driving Air India’s huge aircraft orders?
Confirmation this week that Air India plans to place bumper aircraft orders with Airbus and Boeing follows months of speculation about the flag carrier’s fleet plans under its new owners, Tata Group. But what factors underpin the need for such huge aircraft commitments?
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Airline BusinessInvestors see value in airlines as 2023 outlook improves
Our latest airline share-price tracker reflects positive sentiment towards an industry that has plenty of reasons for optimism heading towards the northern hemisphere summer.
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Airline BusinessHow supply-demand crunch has given A380 a fresh lease of life
After initially looking as though the pandemic was going to bring an unceremonious end to several carriers’ Airbus A380 operations, a capacity shortage means the ultra-large jet will be flying far more widely this summer than previously expected
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Airline BusinessEuropean airports hope for ‘boring’ summer after ramp-up disruptions
After high-profile scenes of delayed passengers and mounting baggage piles dominated news in the early part of the last summer, European airports believe improved staffing levels and advanced planning give them heart for a quieter summer out of the headlines.
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Airline BusinessChallenges ahead for Heathrow airport chief successor despite recovery
While travel demand last year returned sufficiently enough for London Heathrow to regain its position as western Europe’s busiest hub, there remain major challenges ahead for John Holland-Kaye’s successor at the helm of the airport.
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Airline BusinessHow significant are exits of Flybe and Flyr from Europe’s airline market?
The collapses in recent days of UK carrier Flybe and Norwegian operator Flyr might give the impression of a harsh operating environment for European airlines
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Airline BusinessWhy does United Airlines chief think competitors are ‘in denial’?
Having been outspoken on the path of the Covid-19 pandemic, United Airlines chief executive Scott Kirby is now suggesting his airline’s peers are misreading the industry’s route out of the crisis. “Most, or perhaps all, of our competitors will get on their [earnings] calls… and tell you [it was a] ...
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Airline BusinessAircraft shortage emerging amid ‘endemic’ delivery delays
Lessor Avolon this week joined other stakeholders in warning that a shortage of commercial aircraft is a growing theme around the world amid “endemic” delays to the delivery of new jets.
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Airline BusinessIstanbul heads European airports in 2022 passenger numbers
Istanbul airport handled 64.5 million passengers in 2022, making it the busiest in Europe last year, while airports elsewhere in the region have reported doubling or tripling of passenger figures.
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Airline BusinessAircraft maintenance delays threaten to become 2023 theme
Kenya Airways this week became the latest airline to bemoan the impact of MRO delays on its ability to operate a full schedule – a global trend that could weigh on airline capacity in 2023.
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Airline BusinessAirline Business Covid-19 recovery tracker: January 2023 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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Airline BusinessWhat should the expectations from Single European Sky really be?
Former director general of air traffic management trade body CANSO, Graham Lake, argues the much-criticised Single European Sky project deserves credit for what has been achieved, but that better expectations management and fuller accountability for (lack of) progress and investment decisions at a local level is required .
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Airline BusinessMarket response shows China travel return will not be straightforward
China’s imminent lifting of the requirement for arriving passengers to quarantine may remove the biggest remaining outlier in terms of Covid travel restrictions, but the muted response from international governments and airlines is a reminder that a return to normality will not be immediate.
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Airline BusinessAirline share prices weaker at end-2022 versus end-2021 despite demand recovery
Airline share prices ended 2022 down on the same point 12 months earlier, following a challenging year for wider economies around the world