Latest stories – Page 5
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Airline BusinessWeek 34 2024: Currency pain adds to Brazilian carrier challenges
Attention turned to Latin American carrier fortunes last week as airlines in the region reported second-quarter results amid economic challenges in Brazil and Colombia.
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Airline BusinessAirline news digest: 10-16 August 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessAvianca eyes longer-term benefits as Colombian growth spurt hits earnings
The decision by Colombia’s Avianca to significantly increase its capacity at the end of 2023 had a negative impact on its second-quarter earnings this year, but the carrier is convinced that demand will catch up with supply.
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Airline BusinessAir Baltic chief cites Breeze emergence as carrier plots future with 100 A220s
Air Baltic’s announcement this week that it has firmed another 10 orders for Airbus A220-300 aircraft comes as the carrier plots a future that might see it becoming a much more geographically diverse airline than the one operating today.
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Airline BusinessWhy Neeleman has challenged Azul leadership to deliver R1bn in ‘incremental value’
Brazilian low-cost carrier Azul must go through another “major evolution” in its business as it seeks to offset the impact of the weakening of its local currency against the US dollar
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Airline BusinessCampbell Wilson outlines progress on ‘Everest’ of turnarounds at Air India
Few airline chief executives started a job with a longer to-do list than Campbell Wilson at Air India, but progress is being made in market with irresistible growth potential
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Airline BusinessWeek 33 2024: Voepass latest as earnings season continues
This week sees a ramping down of the second-quarter earnings season after an intense two weeks for announcements, albeit plenty of carriers are still to report.
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Airline BusinessFrontier Airlines defers Airbus deliveries as turnaround effort continues
Frontier Airlines surprised few when it unveiled plans to defer dozens of Airbus A320neo-family aircraft deliveries to the end of the decade as it works to return to financial stability
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Airline BusinessAirline news digest: 3-9 August 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessCebu Pacific boss sees clear path to greater market share
Cebu Pacific is confident of growing its market share in the Philippines, adding aircraft as its key rivals lack fleet growth options.
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Airline BusinessLATAM Airlines Group puts its money on international connections
Almost two years after emerging from pandemic-driven bankruptcy protection proceedings, Chile’s LATAM Airlines Group is looking to the future with confidence as it builds out its international operations
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Airline BusinessListen to the latest episode of the Airline Business Podcast
Hear Graham and Lewis’s thoughts on key issues in the global airline industry by listening to the Airline Business Podcast. AB Podcast The easiest way to listen to the podcast is to subscribe via your usual podcast app by searching for “Airline Business”. This will ensure ...
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Airline BusinessCathay ‘firmly turning the page’ on pandemic past with billion-dollar investments
Despite a dip in profitability, Hong Kong’s Cathay Pacific group is decidedly more optimistic about its future prospects now, as it makes significant investments in fleet and cabin products.
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Airline BusinessTurkish Airlines outlines mixed picture as yield declines slow but cost pressures tighten
While Turkish Airlines operating profitability slipped in the second quarter, the carrier took encouragement from an easing in the yield declines that have been evident since the start of the year.
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Airline BusinessFlyadeal chief sees room for growth
The chief executive of fast-growing Saudi budget carrier Flyadeal sees plenty of room for its continued expansion over the coming years, even if a market normalisation post-Covid is being seen in more mature markets.
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Airline BusinessWeek 32 2024: More earnings after European consolidation setback
The second-quarter earnings season continues this week, after last week saw IAG end its bid for Air Europa
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Airline BusinessAllegiant focuses on revenue initiatives as it awaits first 737 Max
Allegiant Air is still waiting for its first Boeing 737 Max, which could be a blessing in disguise as it manages through the challenges facing the US low-fare air-travel market.
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Airline BusinessAirline news digest: 27 July to 2 August 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessIAG still wants Madrid to reach hub ‘first division’ despite ending Air Europa deal
Iberia owner IAG still has big ambitions for Madrid as a hub – and potentially in the M&A sphere – after announcing the termination of its deal to acquire the remaining 80% of Spanish carrier Air Europa
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Airline BusinessSpirit defers Airbus deliveries and cuts pilots in turnaround push
Two days after introducing products to attract “premium leisure” travellers, Spirit Airlines says it has deferred deliveries of new Airbus jets and is furloughing pilots, moves coming as Spirit continued bleeding cash in the second quarter.