All articles by Lewis Harper – Page 18
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Airline Business
Airline Business Covid-19 recovery tracker: December 2022 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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News
EU ETS reforms upset Ryanair but draw mixed reaction from airline bodies
A provisional agreement on reform of the European Union’s Emissions Trading Systems with regards to aviation has prompted a mixed reaction from airlines.
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News
Virgin Atlantic livid as UK regulator details interim Heathrow price cap
The UK Civil Aviation Authority has published proposals for an interim price cap on passenger charges at Heathrow airport for 2023, prompting a predictable backlash from airlines including Virgin Atlantic.
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News
IATA chief doubts single-pilot operations will be seen soon, ‘if ever’
The director general of airline association IATA believes the debate over single-pilot operations in commercial aviation will continue for many years, with no certainty that such practices will ever be adopted by airlines.
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Airline Business
IATA’s airline profit forecast comes with downside risks
When global airline association IATA held its first in-person Global Media Day for three years this week, it was able to offer more good news on the industry’s progress out of the Covid-19 crisis.
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News
Madagascar Airlines to lease three Embraer E190-E2 jets
Madagascar Airlines is to take three Embraer E190-E2 jets from lessor Azorra, an executive from the airframer said on 7 December.
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Airline Business
Razor-thin airline industry profit projection for 2023 reflects complex web of factors
It is not for nothing that IATA director general Willie Walsh described the challenges faced by airlines going into 2023 as “complex”.
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News
IATA cites importance of post-war return to Russian airspace for all airlines
A post-war reopening of Russian airspace is an important target for the airline industry, given the congestion and competition concerns created by the current situation, in the view of IATA director general Willie Walsh. Speaking during a media briefing on 6 December, Walsh explained that congestion over Europe is being ...
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News
Shortage of airframe and engine spares ‘worse than I realised’: IATA chief
IATA director general Willie Walsh has warned that a shortage of airframe and engine spares could weigh on the airline industry’s recovery in 2023.
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News
IATA forecasts global airline industry will return to profit in 2023
The global airline industry is forecast to achieve a net profit of $4.7 billion in 2023 as the recovery from the Covid-19 crisis continues, according to IATA. That would mark the industry’s first positive result since the pandemic hit in 2020, with airlines on course for a loss of $6.9 ...
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News
UK aviation calls for bigger role in economic growth planning amid Brexit pain
Key stakeholders in the UK’s air transport industry have lamented the impact of Brexit as they urged the government to put the sector at the centre of growth plans for the wider economy.
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News
RwandAir takes delivery of first freighter
Central African carrier RwandAir has taken delivery of its first dedicated freighter as it seeks to expand its cargo operations.
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News
Virgin Atlantic attaches new conditions to support for third Heathrow runway
Virgin Atlantic is now attaching conditions to its support for the building of a third runway at London Heathrow airport, having previously been “unequivocal” in its backing of the idea.
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Airline Business
Has air cargo embraced digitalisation during its moment in the sun?
Having long lagged the passenger industry when it comes to digitalisation, the cargo sector might have seen its best opportunity to change that, thanks to its elevated post-pandemic status
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Airline Business
Malaysia Airlines’ sustainability chief on ‘seismic’ decisions ahead – and leading Firefly
As the chief sustainability officer of an airline group and leader of a low-cost carrier, Philip See has a unique perspective on the net-zero push
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Airline Business
Airline Business Covid-19 recovery tracker: November 2022 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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News
Air Astana to lease three Boeing 787-9s
Air Astana has signed a deal take three Boeing 787-9s through lessor Air Lease as it continues with its fleet-upgrade programme.
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News
Qatar Airways chief defiant as airport expansion opens on eve of World Cup
Qatar Airways chief executive Akbar Al Baker was in a defiant mood as he helped to officially open an expansion of Doha’s Hamad International airport on the eve of the FIFA World Cup in the country.
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Airline Business
China’s ‘dismal’ performance weighs on global airline traffic recovery
The latest data from IATA shows how far China is lagging the recovery being seen in other markets around the world, as government policy continues to limit international and domestic travel.
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News
Air Arabia reports Q3 revenue ahead of 2019 level as Fly Jinnah begins operations
Air Arabia Group’s third-quarter revenue of Dhs1.61 billion ($436 million) was 12% up on the same period of 2019, as the low-cost group benefited from the recovery in air travel demand. It outlined its July-September earnings on 9 November, days after its latest joint-venture operation, Pakistani carrier Fly Jinnah, commenced ...