All articles by Lewis Harper – Page 45
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NewsHope lies in leisure and cargo as Lufthansa suffers 2020 loss of €6.7bn
Lufthansa Group is prepared to offer up to 70% of its pre-crisis capacity from the coming summer season, as it reports its latest steps towards emerging from the pandemic as a structurally smaller operator.
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NewsRyanair chief says profitability might return for year after next
Ryanair could return to profitability in the fiscal year ending 31 March 2023, but only under a scenario featuring “continued success” of the vaccine rollout programme.
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NewsAirlines warned slow action on CO2 means people will soon fly less
Europe’s airline industry has been warned that in the absence of concrete and speedy technological progress towards a reduction in CO2 emissions, people might choose to fly less as the impacts of climate change become more apparent.
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NewsAirline industry might burn through $95bn in cash this year: IATA
The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.
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Airline BusinessAirline Business special: CEOs to watch in 2021
As the Covid-19 crisis moves into its second year, we feature some of the airline chiefs whose success or otherwise will be bellwethers of the industry’s recovery in 2021.
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In depthCarsten Spohr – Lufthansa
When the airline industry eventually emerges from the worst of the Covid-19 pandemic, it will be more indebted than ever. For businesses that have needed to turn to governments for financial help, that new debt is perhaps being felt even most acutely, as carriers regress to something closer to the ...
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In depthAlan Joyce – Qantas
Of the myriad challenges facing airline chief executives this year, securing government clearance to operate international services will be among the more pressing concerns. Australia and its flag carrier Qantas are an early example of the potential differences of opinion ahead. In January, Qantas began selling seats on international services ...
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In depthRobin Hayes – JetBlue Airways
Planning to launch transatlantic flights during what, at best, will be a pandemic recovery phase may seem foolhardy. But under the leadership of Robin Hayes, JetBlue Airways is planning to enter a market that has been fiercely defended by network carriers, to the point where disruptors – most recently ...
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In depthTewolde Gebremariam – Ethiopian Airlines
Already a largely uncontested international force among African carriers pre-pandemic, Ethiopian Airlines under Tewolde Gebremariam is positioned to further increase its footprint on the continent once the threat of the pandemic subsides. Speaking in February, Gebremariam notes that combined with Ethiopian’s uniquely strong financial performance in the region over ...
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In depthAkbar Al Baker – Qatar Airways
As if navigating a hub airline with little origin and destination traffic out of the crisis was not challenging enough, Qatar Airways and its chief executive Akbar Al Baker also have a string of minority stakes in other carriers to think about. In better times, the operator’s investments in ...
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In depthRoberto Alvo – LATAM Airlines Group
Of all the moments to take control of an airline group, March 2020 perhaps ranks as one of the least attractive in history. But that was the reality facing LATAM Airlines Group chief executive Roberto Alvo, who assumed the top role following the departure of long-serving chief Enrique Cueto, ...
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In depthScott Kirby – United Airlines
Despite being the newest chief executive among those leading the US majors, Scott Kirby is showing a willingness to take leadership positions on some of the industry’s biggest issues. Notably, he has earmarked sustainability as “the new standard in flight” – setting him apart in a country not always ...
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In depthTony Fernandes – AirAsia
One solution to the challenges of running an airline during a pandemic that has decimated your network is to pivot the business towards non-aviation activities, and that is the tack being taken by AirAsia Group under the guidance of chief executive Tony Fernandes. To be fair to Fernandes, the ...
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In depthMichael O’Leary – Ryanair
Most analysts will tell you that low-cost carriers with significant exposure to leisure markets are best placed to lead Europe’s airline industry out of the pandemic. There is perhaps no better bellwether carrier, then, than the giant Irish operator, with its bases across the continent. Towards the end of ...
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Airline BusinessAs they firefight, airlines shouldn’t ignore changing fundamentals
There is no point making it through to more stable times, only to realise that your pre-pandemic assumptions don’t apply in the new reality.
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NewsEtihad and Gulf Air agree deeper commercial relationship
Etihad Airways and Gulf Air have signed a commercial agreement to “deepen their partnership” in several areas.
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Airline BusinessCovid-hit airlines still seeking the initiative on sustainability
The airline industry could have been forgiven for concentrating on immediate challenges around its very survival during the Covid-19 crisis. But it is a mark of how sustainability has become central to what the European Commission and others have referred to as the sector’s “licence to grow” that already this ...
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NewsAt 6% of flights, long-haul services emit 51% of CO2: Eurocontrol
Long-haul services departing European airports accounted for more than half the CO2 emissions from all operations in 2020, despite making up just 6% of flights, according to Eurocontrol data.
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Airline BusinessAirlines anxiously await international rescue as variants trump vaccines
Concerns about variants of Covid-19 are spoiling what was, towards the end of 2020, expected to be a turning point for international air travel.
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NewsEthiopian Airlines is ‘cash-positive’ as shift to cargo pays off
Ethiopian Airlines’ decision to temporarily convert 25 passenger aircraft for cargo operations has helped it to become “cash positive” during the Covid-19 crisis, according to the African carrier’s chief executive Tewolde Gebremariam.