The African market remains one of the most challenging in the global airline industry, with an EBIT margin of around just 0.7% anticipated for African carriers collectively this year. That would at least mark a small profit, relative to the previous year’s loss, but it is fragile and there are wide differences in the success of individual airlines.
Since the shootdown of Malaysia Airlines MH17 there has been industry-wide chatter about whether aircraft insurance companies will increase fees, especially when airlines fly over war territories.
The commercial air transportation industry is moving to address safety gaps in the system exposed by the shooting down of Malaysia Airlines flight MH17 in July. The problem the industry has, however, is that solutions to this crisis lie outside of the commercial industry, whose representative organizations have little to no power to enforce change.
"Our government is subsidizing foreign state-owned airlines and giving them an economic advantage over US carriers." What is surprising about the quote, which relates to the call for reform of lending policies of the US Export-Import Bank, is that it comes not from an airline CEO, but from Lee Moak, president of the Air Line Pilots Association, International (ALPA), which represents 50,000 airline pilots in the US and Canada.
Alitalia’s route network plans show the Italian carrier being pulled into orbit around the fast-growing, Abu Dhabi-based Etihad Airways, following the closing of a long-awaited major investment deal. The deal between Etihad and Alitalia finally came to fruition in early August in a complex transaction worth €1.75 billion ($2.35 billion).
On the Cover 18 ANNUAL ATW/ARTHUR D. LITTLE WORLD AIRPORT REPORT Asia, the world’s largest air passenger market, pulls further ahead of North America and Western Europe. By Anne Paylor
Las Vegas-based Allegiant Air plans to add international service for the first time as early as next year, starting with flights to Mexico, according to president and COO Andrew Levy.
About 30% of Delta Air Lines’ traffic in Seattle is connecting, mainly to Asia, a trend the carrier expects to grow as it builds out its Pacific gateway, an executive said at the Boyd Group International Aviation Forecast Summit in Las Vegas.
Acknowledging that SkyWest Inc.’s 2010 acquisition of ExpressJet remains a drag on earnings, CEO Jerry Atkin said he believes he can still turn around the struggling regional carrier.
Air New Zealand has again boosted its annual profit for the fiscal year through June 30, which will help the carrier accommodate the significant investments it is making in fleet growth and lounge upgrades.
Latvian flag-carrier airBaltic reported a first-half net profit of €14.49 million ($19.8 million), reversing a net loss of €12.45 million during the January-June period last year.
Air China reported a first-half net profit of CNY510 million ($82.7 million), down 55% compared with a net income of CNY1.14 billion in the year-ago period.
Central and Eastern Europe-based Wizz Air—which recently added the fifth aircraft and launched eight new routes in Warsaw—will deploy two additional aircraft in Katowice and Poznan.
U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price, showing the current week and comparisons to the same week for each year of the past decade. Figures are released every two weeks by the U.S. Energy Information Administration.
Top 25 US Airlines for the month ranked by Full-time Equivalent (FTE) employees. Full-time Equivalent (FTE) Employee calculations count two part-time employees as one full-time employee.
Southwest Airlines sees “plenty” of opportunity for expansion in the north of South America with its existing fleet of Boeing 737s and will begin increasing its international service from Fort Lauderdale, Florida by 2017 or 2018.
JetBlue Airways is strongly considering adding a checked baggage fee next year but expects to make limited changes to its network and business model, CEO David Barger said Monday at the Boyd Group International Aviation Forecast Summit in Las Vegas.
New low-cost carrier (LCC) Spring Airlines Japan is posting healthy load factors in its first three weeks of operation, due in part to a boost from one of the major Japanese holiday periods.
Russia’s Federal Air Transport Agency, Rosaviatsia, has suspended Moskovia Airline’s air operator’s certificate (AOC), effective Aug. 29, after CEO Mikhail Alexeev revealed the carrier could no longer operate flights due to financial problems.
