Latest stories – Page 49
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Airline BusinessWhy ICAO Assembly is crucial for aviation’s decarbonisation effort
Airlines and airports say governments must use the 41st ICAO Assembly – which begins this week in Montreal – to formally commit to targets that support the commercial aviation industry’s decarbonisation timeline.
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Airline BusinessFedEx outlook fuels concern over air cargo prospects
The bleak economic outlook provided by FedEx at the end of last week served as a reminder to the airline industry that the Covid-era cargo boom is vulnerable to global uncertainties. A $500 million revenue shortfall at air delivery service FedEx Express for the quarter ending 31 August came after ...
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Airline BusinessAirlines continue to see mixed traffic returns from pandemic
While traffic among all passenger carriers irrespective of business model or geography was hit abruptly and heavily by the pandemic, the recovery has been far more nuanced in the pace and extent to which it has returned.
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Airline BusinessWhy order for Russian jets will turn Aeroflot into a replica of its former self
No longer able to access Western aircraft or technology, Russia’s flag carrier and its aerospace industry are being forced to turn inwards and do business together in a throwback to Soviet times.
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Airline BusinessDisruption remains challenge to European airline operations
There is an unwelcome sense of familiarity for Europe’s airline sector this week as strike action and operational challenges once again impact services.
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Airline BusinessHow Alexis von Hoensbroech is taking WestJet back to its roots
As he leads WestJet out of a punishing pandemic period, Alexis von Hoensbroech is doubling-down on the carrier’s low-cost legacy and its deep roots in the Canadian West
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Airline BusinessPegasus chief Ozturk sets diversity example as carrier plots international growth
The Turkish budget airline’s recently appointed chief executive is passionate about improving gender diversity in the industry – and leading the operator’s international expansion
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Airline BusinessWar, not pandemic, creates ‘new normal’ for airline industry
While many of the adjustments made by airlines during the Covid-19 crisis would once have been unthinkable, the industry that is emerging from the pandemic looks quite a lot like the 2019 one. War, on the other hand, is forcing some fundamental rethinks
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Airline BusinessWizz Air helps to kick-start Saudi Arabia’s aviation powerhouse ambitions
Kingdom will welcome low-cost services from European operator as part of effort to create huge commercial aviation hub
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Airline BusinessAirlines adapt to consequences of Russia-Ukraine war
This week has seen a string of announcements relating to the impact of Russia’s invasion of Ukraine.
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Airline BusinessThe two unusual phenomena faced by airlines as headwinds strengthen
IATA retains a positive industry outlook despite acknowledging a long list of industry headwinds – including a couple that are unfamiliar to the sector
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Airline BusinessChina’s ‘zero-Covid’ policy saps otherwise upbeat Southeast Asian rebound
Air travel to Southeast Asia is rebounding following the elimination of many travel restrictions related to the coronavirus pandemic, but traffic from China remains effectively non-existent.
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Airline BusinessItalian start-up ITA retreads familiar path with Air France-KLM link-up
While its striking light-blue livery, evoking the heritage of Italian sports team glories, marks a clear departure from the past, Alitalia successor carrier ITA Airways is set to follow a familiar path with a strategic link-up with Air France-KLM.
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Airline BusinessRyanair’s Italian surge will be headache for ITA Airways owners
If a consortium comprising Certares, Air France-KLM and Delta Air Lines eventually takes control of Alitalia successor ITA Airways, it will have much ground to make up in the short-haul sector in particular.
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Airline BusinessSlower restart fails to protect Qantas and ANZ from operational woes
This week’s earnings commentaries from two of the airlines most affected by travel restrictions during the Covid-19 crisis show how all corners of the industry are vulnerable to operational challenges.
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Airline BusinessFeeling supersonic: why Boom divides the room
News this week that American Airlines has joined United Airlines in signing up for Boom’s Overture jets has reignited the debate about whether supersonic flight has a role to play in the modern commercial air transport sector. The theoretical competitive advantages of such aircraft are obvious. “Boom Supersonic’s Overture would ...
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Airline BusinessCathay’s shift in tone underscores intent to show it’s back in business
Cathay Pacific has arguably been among the hardest hit of airlines by Covid travel limitations over the past two years. However the Hong Kong carrier in its half-year results now appears to be cautiously positive about its future prospects, though travel restrictions remain a challenge.
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Airline BusinessDreamliner deliveries resume but capacity constraints remain
Boeing’s much-awaited resumption of 787 deliveries on Wednesday provided a welcome boost for the manufacturer and Dreamliner customers who have been facing operational headaches caused by the aircraft delays. American Airlines became the first airline to take delivery of a 787 since US regulators gave Boeing the green light to ...
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Airline BusinessAirlines report profits amid troublesome geopolitical and economic outlooks
The current financial results season has seen more airline groups return to profit for the quarter ending 30 June, with many reporting higher-than-expected demand and strong yields in passenger and cargo markets. The latest to report is Lufthansa Group, which today cited a “boom in demand for airline tickets” as ...
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Airline BusinessUnited Airlines sustainability chief seeks SAF acceleration as e-fuels excite
The shift to sustainable aviation fuels (SAF) needs to accelerate, in the view of United Airlines chief sustainability officer Lauren Riley, as part of an industry transformation that could one day see CO2-as-a-feedstock become the “future of flying”. Speaking to FlightGlobal in mid-July on the sidelines of this year’s Airline ...