All articles by Lewis Harper – Page 9
-
Airline BusinessLagging Asia-Pacific leaves global airline traffic just short of 2019 levels
That the global airline industry is able to record a 17% year on year rise in passenger traffic for January 2024 and still be just below 2019 levels is a reminder of how nascent some aspects of its Covid-19 recovery are.
-
NewsWalsh accuses UK government of ‘short-sighted cash grab’ with APD rise
The head of global airline association IATA has accused the UK government of a “short-sighed cash grab” after it announced plans to increase air passenger duty (APD) for some traveller types.
-
Airline BusinessMindful of wake-up calls, airline industry looks back on one of its safest years
While the airline industry might have had an inauspicious start to 2024 in safety terms, it can still point to a recent safety record that is both historically impressive and broadly moving in the right direction.
-
Airline BusinessOneworld opens second lounge as alliances enjoy post-Covid profile boost
Oneworld’s opening of a lounge at Amsterdam Schiphol airport last week came as more airlines talk up the positive role that alliances are playing in the post-Covid market.
-
Airline BusinessWill Transavia grow beyond Air France-KLM’s core markets?
When Air France-KLM outlined a record full-year performance for 2023 on 29 February, it was noteworthy that low-cost unit Transavia stood alone in having had a negative impact on the group’s operating profit of €1.7 billion ($1.8 billion).
-
NewsAir France-KLM hit by disruption costs in loss-making end to profitable 2023
Air France-KLM made a loss in the fourth quarter of 2023, as costs relating to geopolitical developments in the Middle East and Africa contributed to its swing into the red but only slightly dented a positive full-year performance from the group.
-
NewsLoganair names new chief executive
Scottish regional carrier Loganair has appointed Luke Farajallah as its new chief executive following the recent departure of Jonathan Hinkles.
-
NewsEmirates hints at Clark succession options by naming deputy presidents
Emirates Group has added “deputy president” to the job titles of two of its senior executives, suggesting potential succession options for long-serving Emirates Airline president Tim Clark.
-
NewsSIA Group says yields under pressure as it reports profitable end to 2023
Singapore Airlines Group saw a “strong” performance in its fiscal third quarter but notes that passenger yields are being pressured by the return of capacity around the world.
-
Airline BusinessNorwegian ‘very pleased’ about full-year profit and potential Wideroe impact
Scandinavian low-cost carrier Norwegian expects its recently completed acquisition of compatriot Wideroe to begin to have an impact on its earnings in 2024, amid signs that the latter might outperform earlier near-term forecasts
-
Airline BusinessWill airlines get their hands on more new aircraft in 2024?
With the availability of new aircraft continuing to be a sore point for many airlines around the world, Airbus released its latest delivery targets this week.
-
NewsVolotea secures three A320s for summer expansion
Barcelona-based Volotea has secured three more leased Airbus A320s as it aims to boost capacity for the coming summer season by around 15%.
-
NewsITA Airways on growth path as EU scrutinises Lufthansa deal
ITA Airways plans to offer summer capacity some 24% higher year on year, with a particular focus on international expansion, as it awaits the European Commission’s ruling on a potential investment from Lufthansa Group.
-
Airline BusinessCosts still in sharp focus for USA’s short-haul carriers
The recent suggestion from Wizz Air chief executive Jozsef Varadi that short-haul air travel “is a cost game, not a revenue game” has pertinence beyond that airline’s markets.
-
NewsJapan Airlines maintains full-year guidance after Y17bn hit from A350 crash
Japan Airlines beat its 2019 revenue and profit performance in the nine months to 31 December 2023, despite international traffic still being down significantly on that pre-Covid year.
-
Airline BusinessHow Pieter Elbers is making his mark at emboldened IndiGo
As demonstrated by the airline’s fiscal third-quarter earnings announcement, there is increasingly substance to the predictions about India being a growth engine for the global aviation industry
-
NewsIndiGo profitable and growing despite ‘mid-70s’ A320neo jets being grounded
IndiGo delivered another profitable quarter of capacity growth as 2023 ended, despite a significant proportion of its Airbus A320neo-family fleet being grounded.
-
NewsIcelandair swings to full-year profit despite impact of volcanic activity
Icelandair Group swung to a full-year net profit of $11 million for 2023, despite volcanic activity contributing to a deeper loss in final three months of the year.
-
Airline BusinessRegulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
-
NewsEgyptAir sells entire A220 fleet to lessor Azorra
EgyptAir has sold its entire Airbus A220-300 fleet to lessor Azorra, which will market them to other carriers.