europe
Air France CEO Anne Rigail Sees Trains Playing a Bigger Role in Her Airline’s Strategy
Paris Charles de Gaulle is among the few airports in the world that benefits from a high-speed passenger rail station in the terminal. That intermodal connectivity allows Air France to be among the leading airlines offering air-rail connections, whereby passengers...
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How the Ukraine War Changed Aviation
Airlines face wide-ranging fallout from Russia's invasion of Ukraine a year ago in February. The biggest is the airspace closure, but the war has also triggered a surge in global energy prices while western sanctions are pressuring Russian airlines. Edward...
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Lufthansa Group Reaches First Post-Pandemic Annual Profit Thanks to Swiss Air, Cargo
Thank you, Swiss International Air Lines. Thank you, cargo. And thank you, maintenance. It’s these three businesses that propelled Europe’s Lufthansa Group to a $313 million net profit for the fourth quarter of 2022. Operating margin excluding special items was...
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Long-Haul Discounter Norse Atlantic Sees London Expansion as Key to Profits
Startup budget airline Norse Atlantic Airways is betting that a significant expansion of transatlantic flights from London will deliver it profits after posting a loss for its first year of operations. The Oslo-based carrier expects a profit in the second...
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AirBaltic Is Preparing for Another Summer of Flight Disruptions in Europe
Airline operations across much of Europe could be described as chaos last summer as travelers surged back after Covid. This summer is shaping up to be a lot better, with more staff hired across the system and airlines better prepared...
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IAG Reaches New $422 Million Deal for Air Europa
International Airlines Group has reached a deal to acquire the rest of Air Europa for €400 million ($422 million) that it thinks will pass muster with European authorities. Unveiled Friday, IAG would buy the remaining 80 percent of Mallorca-based airline...
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Airbus, Boeing Production Delays Will Hold Back Airline Growth in 2023
The aircraft production issues that Airbus and Boeing have faced through the pandemic recovery are not getting any worse. But they are also not yet getting better, which has forced airlines to accept that the industry's recovery and growth will...
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Norwegian Air Boosts Loyalty Investments to Capture More Corporate Travel Share
Norwegian Air has come back strong from the brink of death. After struggling before the pandemic and then restructuring during it, the discounter has rebounded quickly with an eye on taking competitor SAS's lucrative corporate travel market. In the fourth...
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Embattled Finnair Back on Its Feet With Modest Profits
The Covid pandemic was a like a meteor hitting the Earth for the world’s airline industry. For Finnair, it was like ten meteors hitting the planet. Now, the beleaguered Helsinki-based carrier is at least back to earning modest profits. Finnair...
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Leaner Icelandair Forecasts Robust Transatlantic Demand This Summer and Higher Profits in 2023
Icelandair will fly its largest schedule ever this summer, in response to what executives think could be a very strong peak travel season across the North Atlantic. The airline will serve 54 destinations from its Reykjavík hub this summer, CEO...
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So Long to the Boeing 747
A goodbye to the Boeing 747, the Queen of the Skies. The planemaker delivered the last off the line of the iconic jumbo jet to Atlas Air on Tuesday. Skyfaring: A Journey with a Pilot by Mark Vanhoenacker Atlas Air...
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Ryanair Stands Out Among European Rivals for Being Bigger Today Than Before the Pandemic
Europe’s Ryanair delivered another exceptionally strong financial result during the October-to-December quarter, helped by flying with higher capacity than it did in 2019. Its operating margin reached 7 percent, topping the 5 percent it achieved in the same quarter of...
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