Latest stories – Page 6
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Airline BusinessConstrained Wizz Air sees yield softness after ‘unprecedented’ Ryanair fare reductions
Wizz cited “lower close-in pricing” amid competitive pressure caused by Ryanair’s “unprecedented” fare reductions in recent weeks, prompting it to lower its unit revenue and full-year profit guidance.
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Airline BusinessYields hold strong for Japanese majors as uneven recovery continues
While its peers around the region warn of declining yields, Japan’s two largest carriers appear to buck the trend with yields holding strong – even on their domestic networks.
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Airline BusinessWhy Lufthansa Airlines is suffering more than other airlines in the group
On the one hand, the narrative accompanying Lufthansa Group’s second quarter results today is in line with that given by other airlines to report during the April-June period.
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Airline BusinessWhy Rex’s attempt to take on Australia’s jet duopoly ended in failure
Rex’s short-lived foray into mainline operations fails to gain altitude after regional carrier files for voluntary administration. Where did it go wrong?
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Airline BusinessJetBlue reveals broad strokes of ‘JetForward’ turnaround plan
JetBlue Airways has a name for the transformation plan it has teased since dropping plans to merge with Spirit Airlines in March: “JetForward.”
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Airline BusinessSpirit Airlines rolls out new fare bundles and blocked seats in up-market bid
Spirit Airlines has revealed several changes aimed at shifting its product up-market, revealing plans to create dedicated check-in lines for higher-paying customers and to sell new bundled fares targeted at travellers willing to pay more for a better experience.
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Airline BusinessWhat does ANZ dropping sustainability target say about airline net-zero effort?
Air New Zealand’s announcement that it has abandoned a 2030 carbon-intensity target is noteworthy from an airline that is considered among the most proactive in the sustainability sphere
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Airline BusinessSlow business at Farnborough reflects industry taking stock
Perhaps given the glut of aircraft deals and continued challenges facing the manufacturing industry since the pandemic it should not have been a surprise that this year’s Farnborough air show was a quiet one for order activity and news from commercial airframers
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Airline BusinessWeek 31 2024: Airline industry downturn or individual blips?
This week will see a global set of airlines release their second-quarter financials, bringing more commentary on what has so far been a fascinating earnings season.
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Airline BusinessAirline news digest: 20-26 July 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessIsom hopes for quick wins as American rebuilds sales and slows capacity growth
While recognising it will take some time to build back its presence in premium indirect sales channel, American Airlines chief executive Robert Isom is hopeful of some early gains after ditching its failing sales and distribution strategy.
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Airline BusinessFour days that brought high-flyers Delta and Ryanair back down to earth
A four-day period beginning 19 July reminded both carriers of the airline industry’s uncanny ability to rain on a parade.
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Airline BusinessTiming counts for Southwest move to ditch flagship seating policy
When an airline drops a policy that has been in place for 50, predominantly financially successful, years and which has set it apart from virtually every other carrier for the last decade, the question of ’why now?’ is understandably high on the list.
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Airline BusinessAir France-KLM drops pace during Olympics but stays on track
The European airline market continues to be an unusually diverse one in performance terms, with Air France-KLM the latest to offer a broadly positive view on underlying demand and yields through the rest of the year.
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Airline BusinessWeiss eyes gains as Virgin Atlantic A330 orders secure fleet renewal completion
Virgin Atlantic’s follow-on order for seven more Airbus A330neos will complete a fleet transition which the airline’s chief executive Shai Weiss believes positions the carrier to meet supply chain and sustainability challenges.
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Airline BusinessWhy are EasyJet and Ryanair expressing such contrasting views on yields and demand?
With airline executives queuing up to report post-Covid ‘normalisation’ trends in yields and demand over the past few months, it comes as something of a surprise to hear a different narrative from EasyJet.
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Airline BusinessAirlines around the world echo Ryanair’s comments on weaker fares
After Ryanair on 22 July outlined weaker-than-expected fares during its fiscal first quarter, carriers from around the world have confirmed that they are seeing similar trends.
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Airline BusinessAirline Strategy Awards recognises leaders of Delta, Emirates and IndiGo
IndiGo’s Pieter Elbers, Emirates’ Tim Clark and Delta Air Lines’ Ed Bastian were among those recognised on 21 July at this year’s Airline Strategy Awards, alongside Air Astana chief executive Peter Foster.
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Airline BusinessWeek 30 2024: Farnborough air show and key earnings
This week is a particularly busy one for the global aviation sector, not least because the aerospace industry is gathering in the UK for the Farnborough air show
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Airline BusinessHow are airlines being affected by the global IT outage?
The global IT outage on 19 July thrust the airline sector into the spotlight as carriers worldwide grappled with associated challenges