Steven Udvar-Hazy at Skift Aviation Foum
Airlines want more planes to meet travel demand but, with supply chains backed up, there are few new models to go around. That's good news for aircraft lessors with more than 90 percent of leases being renewed, up from around...
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U.S. Airline Passenger Loads for Thanksgiving Holiday Just Shy of Pre-Pandemic Levels
Thanksgiving travel is back, well nearly. U.S. airlines anticipate flyer numbers just shy of 2019 levels making this turkey day the busiest holiday for travel since the pandemic. Security screening numbers at U.S. airports have been slightly above, or a...
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New KLM CEO Seeks Balance From Dutch Government on Climate Policy
New KLM CEO Marjan Rintel has been in the job less than five months and already faces serious questions over the future of the airline she leads. Amsterdam's Schiphol airport, the linchpin of KLM's operation and success, has restricted passenger...
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Eurowings Adds 8 Berlin Routes to Exploit EasyJet and Ryanair Cutting Flights
Eurowings is swooping in in Berlin to pick up market share as its competitors EasyJet and Ryanair pullback. The Lufthansa Group budget arm will double the number of aircraft it bases at Berlin Brandenburg Airport, to six Airbus A320 family...
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A Thanksgiving Week of Travel
Thanksgiving travel in the U.S. is back, said Airlines for America President and CEO Nicholas Calio. But while it may be as busy as it was three years ago, it will also be different as more people take blended trips...
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Airbus and Boeing Aircraft Delivery Delays Likely to Worsen: Udvar-Hazy
Air Lease Corp. is taking new Airbus A321neo aircraft at least six to seven months late due to a myriad of production and supply chain issues facing the European airframer. But that’s not a one-off problem. More broadly, neither Airbus...
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Long-Awaited Rail Link to Dulles Airport Great for Flyers But Also for Attracting New Airlines
Washingtonians have pined for the day they can take the train to Dulles International Airport for nearly six decades. That day, finally, arrived Tuesday. The local Metro system begins revenue passenger rail service to the airport around 2 p.m. local...
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Thai AirAsia Benefits From Rapid Recovery in Thailand Tourist Arrivals
Thai AirAsia sees robust travel demand as it rides the surging recovery of Thailand's tourism industry. But the strong U.S. dollar is weighing on its financials. The budget carrier, the Thailand-based affiliate of Malaysia's Capital A, remains far smaller than...
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Turkish Airlines Blowout
Turkish Airlines had a blowout third quarter. The airline's revenues and capacity are way up from 2019 with no pause in sight. Edward Russell and Jay Shabat discuss Turkish's outlook. Plus, Ryanair's cautious outlook despite surprisingly robust travel demand. About...
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Greek Vacations Make Aegean One of Europe’s Most Profitable Airlines This Summer
Europeans, in fact travelers from all over the world, are taking Greek vacations. That was overwhelmingly clear in the Aegean Airlines summer results. The Athens-based carrier generated an impressive 28.8 percent operating margin in the third quarter, more than 3...
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Spirit Airlines Taps Loyalty Program to Back at Least $500 Million in New Debt
Spirit Airlines plans to raise several hundred million dollars in new debt backed by its loyalty programs, in the latest confirmation that loyalty assets are some of the most lucrative on airlines' balance sheets. The $500 million private deal is...
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Why Did Spirit Airlines Just Cut 35 Routes?
Spirit Airlines has cancelled at least 35 routes from January as industry-wide issues take their toll on air carriers' ability to recover — and expand — their schedules next year. The South Florida-based discounter has pulled 35 routes from its...
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