All articles by Lewis Harper
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Airline Business
Week 52 2024 and Week 1 2025: What next for the airline industry?
As a turbulent year of elections and geopolitical tensions around the world comes to an end, the airline industry can look into 2025 with cautious optimism.
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Airline Business
Week 51 2024: Will airline consolidation get easier?
If there were points at which 2024 looked to be a hostile year for airline M&A activity, it does not look that way as the year draws to a close.
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Airline Business
What does Asiana acquisition mean for Korean Air?
With Korean Air finally completing its acquisition of compatriot Asiana Airlines, attention is turning to what the deal means for the carrier group and the wider airline sector.
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Airline Business
European airlines see route to 2% SAF useage but share anxiety on what comes next
Several European airlines have expressed cautious optimism about meeting near-term sustainable aviation fuel useage targets, but say much more needs to be done to incentivise production to meet medium-term targets, particuarly when it comes to second- and third-genreation feedstocks.
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Airline Business
Q3 2024 global performance report for benchmark airlines
The global airline industry saw its aggregate profitability improve in the key third quarter versus its second-quarter performance, albeit the year-on-year operating result was still down by around $1.7 billion year on year.
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Airline Business
Better and worse: unpacking IATA’s latest airline industry profit forecast
When IATA released its latest industry forecasts on 10 December, eyes were on whether 2024’s global net profit performance would be downgraded
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News
Average aircraft age rises as airlines grapple with supply-chain challenges
The average age of the global commercial airline fleet has reached a “record” of 14.8 years, according to IATA, as supply-chain challenges frustrate the industry’s decarbonisation efforts.
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News
IATA forecasts improved airline profits in 2025 amid fuel cost relief
Global airline association IATA has slightly upgraded its industry net profit forecast for 2024, while predicting a further strengthening of profitability in 2025, driven in large part by expectations that fuel costs will be lower.
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News
Air India places firm order for another 100 Airbus jets
Air India has ordered another 100 Airbus jets as its continues its aggressive expansion under Tata Group ownership.
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AB Power BI story
Week 50 2024: Will airline profits beat 2023 performance?
As 2024 nears its end, thoughts are turning to how the airline industry has performed in financial terms versus expectations as the year began
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Airline Business
Q3 2024 performance report for benchmark Latin American airlines
Full third-quarter results from Airline Business’s benchmark airlines in the Latin America region show them swinging to a net profit of almost $500 million
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Airline Business
Week 49 2024: Positive week for airline consolidation as ITA deal gets nod
The global airline industry is beginning a new week having received positive news from the European Union regarding two high-profile consolidation moves
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Airline Business
Q3 2024 performance report for benchmark Asia-Pacific airlines
Full third-quarter 2024 earnings from Airline Business’s benchmark carriers in the Asia-Pacific region show the fall in profitability that began in the April-June period continuing into the second half of the year, amid higher costs and yield moderation
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News
Virgin Atlantic chief cites decade of 787 engine issues as 2025 plans hit
Virgin Atlantic is marking what chief executive Shai Weiss describes as a “10-year cycle” of issues with its Rolls-Royce Trent 1000-powered Boeing 787-9
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Airline Business
Week 48 2024: Trump predictions as busy Thanksgiving approaches
As US airlines prepare for the immediate challenge of the Thanksgiving getaway, they also have one eye on what Donald Trump’s re-election might mean for the industry.
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Airline Business
Q3 2024 performance report for benchmark European airlines
Full third-quarter 2024 data from Airline Business’s benchmark airlines in Europe shows the region’s carriers arresting most of the year-on-year falls in profitability seen in the second quarter of the year
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Airline Business
Q3 2024 performance report for benchmark North American airlines
Full third-quarter 2024 data for Airline Business’s benchmark airlines in North America shows an improved year-on-year profitability picture since the second quarter
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Airline Business
How KLM went from group’s star performer to problem child
While work to transform Air France has begun to bear fruit, KLM’s performance has been deteriorating over the past couple of years
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News
Dutch challenges evident as Air France-KLM profits fall
Air France-KLM saw its third-quarter earnings impacted by a higher-than-expected cost increase at its Dutch operation, as it gave further details on the “firm measures” it is taking to tackle what it describes as a “structural” challenge
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Airline Business
Week 44 2024: Chinese carriers report, Spirit's new Frontier and Boeing woes
The coming week is a bumper one in the third-quarter earnings season, with carriers around the world set to report.