AW Daily
How India Is Preparing for Its Goal of 1 Billion Airline Passengers
The Indian ministry of civil aviation has set a long-term goal of reaching one billion air passengers by 2040, as stated in their 2019 “Vision 2040 for the Civil Aviation Industry in India” document. The country recognizes the need to...
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Delta Says It’s No. 1 in South America. American Says No Way
Delta Air Lines dominates many aspects of the U.S. airline industry. It makes the most money; it has set pilot wages; it has declared that Wi-Fi will be free. But does it dominate travel between the U.S. and South America?...
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In a Queens Miracle, New York LaGuardia Airport Goes From Loser to Winner
Throughout a troubled 2022, the pandemic exposed many fragilities in a troubled U.S. airline industry, but it also enabled a widely recognized miracle in the $8 billion resurrection of New York LaGuardia Airport. Once widely viewed as a hellhole, LaGuardia...
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Korean Air-Asiana Merger Faces Further Delays From European Regulators
The Korean Air and Asiana Airlines merger is facing further delays for international approval. The European Union announced that it would be extending its decision date on the proposed acquisition from July 5 to August 3. The combination of Korea’s two...
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Booming Greek Tourism Lifts Aegean Airlines to Another Strong Profit
Greece’s Aegean Airlines, riding a strong wave of inbound tourism, reported its third straight profitable quarter this week. For the three months ending in December, Aegean earned a 2 percent operating margin, a full point better than what it earned...
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To Hear CEO Ed Bastian, It’s Delta’s World, We Just Live In It
For Delta Air Lines, a lot of things changed in the pandemic, but one thing stayed the same: CEO Ed Bastian still touts that his carrier leads the U.S. airline industry. Here's his most recent proof. Delta has signed its...
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Rival CEOs at JetBlue, United and American Rally Together to Challenge Justice Department
JetBlue CEO Robin Hayes this week reiterated his commitments to fight the Department of Justice over his planned Spirit merger and to stick with partner American Airlines in their Northeast Alliance, which is now nearly three years old. The CEOs of...
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American Airlines Says It Wants a Deal With Pilots — Soon
American Airlines pilots say they are mystified that CEO Robert Isom publicly promised a Delta-level contract when the carrier had not made such a proposal to union negotiators. But with negotiations ongoing, the airline indicated a proposal is close. “We...
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What You Need to Know About Saudi Arabia’s Bet on a New National Airline
Riyadh Air, the new national airline announced this weekend, is the latest manifestation of Saudi Arabia’s hyper-ambitious attempt to develop its aviation and tourism sectors. The airline will launch using funds generated from Saudi Arabia's lucrative oil industry, ironically to...
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Owner of Canada’s Air Transat On Track for a Return to Profitability
Canada’s Transat, which sells vacation packages, said it’s “moving toward a gradual return to profitability,” underpinned by strong demand and high prices. The Montreal-based company, which owns and operates the airline Air Transat, gave its assessment during an earnings call...
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Brazil’s Gol For One Is Happy With Lack of Capacity in Airline Industry
Brazil's second largest airline, Gol, will grow a little less this year than it planned thanks to delays receiving new aircraft from Boeing. But while that may not sound good, management is perfectly fine with the situation. The São Paulo-based...
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Cathay Pacific Pulls Off Strong Profit Recovery From Pandemic Depths
In case there was any doubt, Cathay Pacific Airways just made things crystal clear: East Asia’s airlines are roaring back to financial health. Hong Kong’s largest airline on Wednesday reported exceptionally strong profits for the final six months of 2022...
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