Seat densification multi-fold strategy: Focus on revenue optimization, unit cost containment and profit maximization
Seat densification is an industry trend and it’s clear why. It’s an affordable way to increase total seat capacity while enabling both lower cost-per-mile and cost-per-seat on each flight. At the same time, it allows to increase revenue opportunities per flight and overall route profitability. Furthermore, if it coincides with new and lower weight slimline […]
Latam Airlines May Have Finally Got Back Its Momentum
It"™s taken five years, but the merger that created Latin America"™s largest airline might finally be bearing fruit. Latam Airlines Group SA, once the world"™s most valuable carrier, is in its strongest financial condition since predecessor Lan Airlines bought Brazil"™s TAM in 2012, said Chief Financial Officer Ramiro Alfonsin, in an interview in Santiago. The […]
Too hot to fly? How heat affects airlines
Hot weather has forced dozens of commercial flights to be canceled at airports in the Southwest this summer. This flight-disrupting heat is a warning sign. Climate change is projected to have far-reaching repercussions "“ including sea level rise inundating cities and shifting weather patterns causing long-term declines in agricultural yields. And there is evidence that […]
Pilotless planes could save airlines $35 billion, UBS says
«Reducing the intervention of human pilots on aircraft could bring material economic benefits and improve safety,» a UBS note said. The bank stated that there could be a material profit opportunity of over $35 billion per year for the aerospace and aviation industry. A recent UBS Evidence Lab Survey of 8,000 people however showed that […]
Why do Ryanair seats have NO back pockets? Airline launches "˜game changing"™ design
RYANAIR is launching new seats with more legroom but they still won"™t have back pockets, and there"™s one specific reason. Ryanair has unveiled the design of its "˜game changing"™ new seats which will benefit passengers. But the budget Irish airline still won"™t use back pockets. The new seats will give customers 31 inches of legroom, […]
Realignment of the Lufthansa Group leads to significant profit improvement
The Lufthansa Group increased its total revenues by 12.7 percent to EUR 17.0 billion in the first six months of 2017 (prior-year period: EUR 15.0 billion). Traffic revenues were up by 14.2 percent to EUR 13.3 billion (prior-year period: EUR 11.6 billion). The key earnings indicator Adjusted EBIT was roughly doubled to over EUR 1 […]
Brazil"™s Embraer delivers 92 aircraft in first half
Brazilian aeronautical company Empresa Brasileira de Aeronáutica (Embraer) delivered 53 jet aircraft to the commercial aviation segment and 39 aircraft (27 light and 12 large) to the business aviation segment in the first half of the year, the company announced in São José dos Campos. The company"™s net revenue in the first half of the […]
New aircraft for Level
International Airlines Group (IAG) is converting three Airbus A330-200 longhaul aircraft options into firm orders for LEVEL, its new low cost longhaul airline brand which started operations in early June. The aircraft will be delivered in summer 2018 and will facilitate LEVEL"™s expansion. Willie Walsh, IAG"™s chief executive, said: "LEVEL has already been incredibly successful […]
S7 Airlines takes delivery of its first A320neo
S7 Airlines, one of Russia"™s leading carriers, member of Oneworld global airline alliance, has taken delivery of it"™ first A320neo which is on lease from BOC Aviation. The aircraft is the first Airbus to feature the airline"™s new livery and is also the first NEO to be operated in Russia. Powered by Pratt & Whitney […]
International aircraft manufacturers rely on ExxonMobil lubricants for recent test flights
ExxonMobil lubricants were recently selected by international aircraft manufacturers COMAC and Irkut to support the first test flights of their respective COMAC C919 airliner and Irkut MC-21 300 aircraft. Powered by CFM LEAP 1-C engines, the first Chinese-built large passenger aircraft to enter the market, the COMAC C919, used Mobil Jetâ„¢ Oil II synthetic gas […]
