Global Airline Traffic Still Just 75 Percent of Pre-Covid Levels
Worldwide passenger traffic in November reached 75 percent of its November 2019 level, according to new data from IATA, the airline industry’s international trade association. That’s traffic measured by revenue passenger kilometers (RPKs), which account for both passenger volumes and...
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European Airlines Could Face Steep Operational Challenges in 2023
Europe's air traffic manager, Eurocontrol, is warning of potentially “huge challenges" to the continued recovery of air travel on the continent this year. Matching capacity to demand, and keeping delays in check, will be the two biggest challenges the aviation...
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Aviation Supplier AAR Bullish on Air Travel Recovery, Aircraft Production Delays
Aviation industry supplier AAR is optimistic on the future as the strong travel recovery coupled with production challenges at Airbus and Boeing are driving increased demand for its maintenance and other services. Aircraft "that are bread and butter for us...
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Chinese Plane Manufacturer Comac Delivers Ambitious New Narrowbody Jet to Compete With Boeing, Airbus
The Commercial Aircraft Corporation of China, or Comac, delivered its first C919 on Dec. 9, following more than a decade of development. The plane, now in the fleet of Shanghai-based China Eastern Airlines, will enter revenue service early next year. China...
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Singapore Airlines Looks to Thai Airways to Expand Southeast Asia Partner Network
Singapore Airlines plans a partnership with its long-troubled neighbor Thai Airways, in a strategic move that comes just days after it revealed plans to take a 25 percent stake in an upsized Air India. The two airlines, both members of...
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5 Big Takeaways From This Week’s Skift Aviation Forum
Leaders from across the global aviation sector gathered in Dallas this week, at the inaugural in-person Skift Aviation Forum co-hosted with Dallas-Fort Worth airport. The prevailing sentiment was simultaneously upbeat and uneasy. Participants pleased with current demand conditions but concerned...
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Brazil’s Azul Eyes Loyalty Partnership to Deepen Ties With JetBlue
Brazilian airline Azul could forge deeper ties with partner JetBlue Airways, CEO John Rodgerson hinted at Thursday. “We have opportunity to do other things with other airlines, more specifically JetBlue in Fort Lauderdale,” he said during Azul's third-quarter earnings call....
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What Allegiant Air’s Bad Quarter Suggests About the Future of Budget Carriers
Allegiant Air was once among the most regularly profitable airlines in the world. Then came the pandemic and in the third quarter, when almost every U.S. carrier made money, the discounter joined only Hawaiian Airlines in posting a loss. Las...
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IAG Rides Transatlantic Strength to Robust Summertime Profits
International Airlines Group and Air France-KLM pleased investors Friday with strong summertime profits that show no signs of fading this fall, even as macroeconomic and cost headwinds intensify. Both carriers echoed many of the broad trends currently defining the airline...
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New Korean Long-Haul Airline Faces Tough Odds Adding Route to Los Angeles
Things are stirring in Korea’s airline market. Air Premia, which launched last summer, is now selling tickets on the busy Seoul Incheon-Los Angeles route, with flights starting on October 29. Service will run five times per week using Boeing Dreamliners,...
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How Did Airline Startups Compare to Failures Since the Pandemic’s Start
The world has another new passenger airline. Sri Lanka’s Fits Air, born from a cargo airline, began offering low-fare flights from Colombo on Wednesday. It aims to compete with long-troubled SriLankan Airlines, a state-backed entity. Fits Air is hardly alone....
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Canada’s Cargojet Is Confident Pandemic Success Was No Anomaly
Cargojet, which calls itself “Canada’s cargo airline,” gave a bullish assessment of its future earnings prospects, even amid major post-pandemic economic and competitive changes. The company hosted its first-ever investor day event on September 27, insisting that the boom it...
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