ALTA chief sees ‘resilient’ Latin industry despite challenges
The Latin American airline industry remains resilient despite ongoing macroeconomic difficulties in the region and the recent grounding of Avianca Brazil, says the chief of the Latin American and Caribbean Air Transport Association. «We have already grown 5% so far this year,» Luis Felipe de Oliveira tells FlightGlobal. «While there was a significant capacity increase […]
KLM Royal Dutch Airlines to Host 76th IATA AGM in Amsterdam
The International Air Transport Association (IATA) announced that KLM Royal Dutch Airlines will host the 76th IATA Annual General Meeting (AGM) and World Air Transport Summit in Amsterdam, the Netherlands, on 22-23June 2020. This will be the third time that the Netherlands will host the global gathering of aviation’s top leaders (Following events held in […]
Wizz Air FY profit up 6% on fleet, network expansion
Wizz Air said it may be able to seize on opportunities to gain market share as a tough operating environment hurts its competitors as the fast-growing Central and Eastern European LCC unveiled full-year results that showed a rise in profit and passenger numbers. The Budapest-based carrier, which has been rapidly expanding its fleet and network […]
IATA chief Alexandre de Juniac flags pressing issues
Airlines are gathering for this year’s IATA AGM against a backdrop of pressing challenges, including the protectionist policies and trade wars pursued by some governments over the past 18 months, in the view of the association’s chief executive and director general Alexandre de Juniac. Speaking to FlightGlobal on the eve of the AGM, which begins […]
Solid Passenger Demand Growth in April: IATA
The International Air Transport Association (IATA) announced global passenger traffic results for April 2019 showing that demand (revenue passenger kilometers or RPKs) rose by 4.3% compared to April 2018. April capacity (available seat kilometers or ASKs) increased by 3.6%, and load factor climbed 0.6 percentage point to 82.8%, which was a record for the month […]
Air Cargo Demand Continues Negative 2019 Trend: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), fell 4.7% in April 2019, compared to the same period the year before. This continued the negative trend in year-on-year demand that began in January. Freight capacity, measured in available freight tonne kilometers […]
IATA: airline profits fall further
The March/April Airlines Financial Monitor from IATA notes “a further fall in aggregate profits for the airline industry” for the first quarter of 2019, in comparison with the same three months of last year. Overall, IATA said the EBIT margin in its sample of 20 airlines had fallen to 3.6% from 4.1% a year ago. […]
Air New Zealand Selects Boeing 787-10 Dreamliner for Future Growth
Boeing [NYSE:BA] and Air New Zealand announced the airline plans to add the largest 787 Dreamliner model to its world-class fleet with a commitment to buy eight 787-10 airplanes valued at $2.7 billion at list prices. The carrier, known for its global network and long-range operations, says the 787-10 complements its current 787-9 and 777 […]
Alaska Airlines’ air cargo unit grows with the airline
For Jason Berry, Managing Director of Alaska Air Cargo (a division of Alaska Airlines), it’s that time of year when things get a little fishy. The opening of the Copper River salmon fishing season was last week, and early Friday morning, Alaska Air Cargo brought 18,000 pounds of the prized delicacy to Seattle-Tacoma International Airport […]
Southwest Airlines announces plans to construct maintenance hangar at DIA
Southwest Airlines CEO Gary Kelly opened his company’s annual shareholders meeting in Denver on Wednesday morning by describing the city as “without a doubt the fastest-growing city in the history” of the low-cost carrier. Based in Dallas, Southwest first came to DIA in 2006, getting a modest start with only 13 daily departures and three […]
