Ryanair remains cautious about future despite record half-year November 7, 2022 Ryanair has remained cautious about its future despite posting a record half-year performance. Driven by an exceptional summer traffic, the low-cost carrier’s after tax earnings jumped to €1.37bn (£1.20bn) – up from a €48m net loss last year. Even though slightly below analysts’ consensus, this was its highest half-year results ever, as it surpassed the [...]
Delta boss: US’s appetite for transatlantic travel will not be over quickly November 3, 2022 Transatlantic travel is here to stay, said Ed Bastian, boss of US legacy carrier Delta. According to the chief executive, Americans’ appetite for hopping over the pond has been “truly unprecedented” following the reopening of air travel post pandemic. “So many Americans haven’t been able to go for up to three years,” he told journalists [...]
Icelandair remains ‘cautiously optimistic’ about next year as it plans moderate growth October 27, 2022 Icelandic legacy carrier Icelandair remains “cautiously optimistic” about the next year, as it plans some moderate growth despite the current inflationary headwinds. “We are in a very good position,” chief executive Bogi Nils Bogason told Morning Wire today. “We can be more flexible and focused depending on how our economies are developing. “[However] people are [...]
Clear skies ahead for Lufthansa, as carrier expects strong demand to stay October 27, 2022 Lufthansa anticipates demand to remain strong in the months ahead, with capacity expected at 80 per cent of pre-Covid levels in the fourth quarter despite inflationary pressures. According to chief executive Carsten Spohr, people will continue to splash cash on tickets after two years of not being allowed to travel due to the Covid pandemic. [...]
25 per cent down: Heathrow boss warns ‘many years’ until pre-Covid flying levels reached October 26, 2022 It will take some time for Heathrow to go back to pre-pandemic levels, according to the airport’s boss John Holland-Kaye. The west London hub expects between 60 and 62 million people to pass through its gates this year, 25 per cent down on the 81 million posted in 2019. Heathrow also reported 18 million passengers [...]
Aviation back in ‘full force’ as passenger confidence surges to 83 per cent October 24, 2022 Confidence in aviation has come back in full force, as the majority of global travellers feel safe flying again. Figures from Inmarsat’s latest passenger experience survey, which was published today, show that 83 per cent of world passengers are optimistic about air travel. This is 73 per cent up on last year’s levels. Brazilians and [...]
Heathrow creates new exec position to mend fences with airlines October 18, 2022 Heathrow has created a new executive position to mend fences with its airline customers following this summer’s travel chaos. The west London hub today appointed director of operations Kathryn Leahy as director of Team Heathrow. “The new position is designed to ensure we build on the close-knit co-operation required between the 400 companies that operate [...]
Low-cost carrier launches direct services to US following Washington approval October 17, 2022 Low-cost airline Norse Atlantic has pledged to ramp up services between the UK and US after it received the green light from the US department of transportation to operate direct flights. The low-cost carrier started operating flights from Gatwick to New York in August – offering return trips from £255 – but it was forced [...]
Heathrow: Airline chiefs call for John Holland-Kaye’s resignation October 16, 2022 Airline chiefs have called for John Holland-Kaye’s resignation as Heathrow’s chief executive after the west London hub said last week it could introduce measures to manage capacity during the peak Christmas period. “That’s inexcusable. Anybody who says anything like that is the wrong guy for the job,” Emirates’ boss Sir Tim Clark told the Sunday [...]
UK green aviation fuel targets could fail without Govt support October 12, 2022 The UK’s green aviation fuel targets could be out of reach without further government support, trade body Airlines UK has warned. Chief executive Tim Alderslade called on the government to introduce a pricing mechanism for the production of sustainable aviation fuels (SAFs), as it is currently between two and four times more expensive. Produced from [...]