Air France-KLM chairman and CEO Jean-Cyril Spinetta has warned that the company needs to change its structure to preserve its status as a major world airline.
January 2013 Customer Name Model Engine Delivery Date Boeing Deliveries Norwegian 737-800 CF 9-Jan Pegasus Airlines 737-800 CF 9-Jan TUI Travel PLC 737-800 CF 9-Jan
Virgin Group chairman Richard Branson was irked. With rumors flying last month that Delta Air Lines was on the verge of buying Singapore Airlines’ 49% stake in Virgin Atlantic Airways (51%-owned by Virgin Group), there was speculation in the British media that the carrier would essentially become Delta UK.
After decades of reliable, continuous growth, air cargo traffic has completely stagnated over the last five years. The level of international airfreight traffic was essentially the same in 2012 as 2007.
There is a paradox related to air passenger growth in Latin America that threatens the robust rate of airline traffic expansion predicted as a natural consequence of more people in the region ascending to the middle class.
Asia-Pacific airlines—global industry leaders in terms of profitability in recent years—are cautious about 2014 as yields and profits this year have failed to reach anticipated levels, the head of the region’s airline association says.
