Has airline profitability peaked, asks IBA?
As the Farnborough Air Show approaches, leading aviation consultancy IBA, analyses current trends and issues its predictions for the remainder of 2018 as part of its general market update. Macroeconomic outlook, OEM activity, aircraft orders, fuel and lease rates are some of the key themes that IBA addresses in this month"™s report. The main topics […]
Spanish LCC Volotea carries 40% more passengers in 2017
Barcelona-based LCC Volotea reported a net profit of €11.2 million ($13 million) for 2017 on revenue of €307 million, up 23% year-over-year (YOY). The company did not provide a net profit figure for the previous year. Ancillary revenue reached €105.1 million, or 34.1% of revenue. The airline earlier this month announced a new group of […]
Copa Airlines"™ expansion of Tampa flights has a broader purpose
Copa Airline"™ decision to expand its Tampa-to-Panama City service to seven days a week is about more than just those two destinations. Instead, for the airline, bringing daily service to Tampa starting next month is part of an effort to knit together a growing network that will have 79 destinations in 32 countries by year"™s […]
Interjet appoints TAL as General Sales Agent for the UK
Mexican carrier Interjet Airlines has entrusted the global airline, travel and tourism representation organisation, TAL Aviation, to handle its marketing, sales, public relations and business development in the UK. Suzanne Mason, TAL Aviation UK"™s Sales Manager will be responsible for the operations in this market. With almost 270 daily flights, Interjet connects more than 50 […]
Viva Aerobus will take off to Mexico City from New York
Viva Aerobus, Mexico’s ultra-low-cost airline, announces that it will be flying to Mexico City from John F. Kennedy International Airport. This new route will start operations on October 18th with a daily flight. «The opening of new connectivity options, with affordable prices, will bring New York and Mexico closer. It will continue positioning our country […]
LATAM Recognized as the South American Airline with the "˜Best Global Passenger Experience"™ by APEX
LATAM Airlines Group has been chosen as the South American airline with the "Best Overall Passenger Experience Global Airline" for the 2018 APEX Passenger Choice Awards. APEX, the Airline Passenger Experience, is a non-profit organization that has worked over the last four decades to evaluate and help improve all aspects of the air experience from […]
Wizz Air CEO in Entrepreneur of Year Final, Brazilian wins
Wizz Air"™s József Váradi represented Hungary in the 2018 "EY World Entrepreneur of the Year" competition in Monte Carlo. The title was won by Brazilian businessman Rubens Menin . Menin"™s company, MRV Engenharia e Participações S.A (MRV), has become the largest real-estate developer in Latin America, building housing for low-income people. "I have been chasing […]
Avianca revives plan for regional airline
Avianca has revived plans to launch a regional carrier with its fleet of ATR 72 turboprops, and will base the airline in Bogota. The Star Alliance carrier says in a securities filing that it has incorporated Regional Express Americas, a new company that will provide transportation and other services. Regional Express Americas has applied to […]
US airline scope clauses may hinder United meeting 2020 targets
Scope clauses have been a mainstay in US mainline pilot contracts as 50-seat, and then 70- to 76-seat, jets have permeated the US market place. There have been changes to scope over the years that have allowed American, Delta and United to add varying levels of larger regional jets based on certain percentages of their […]
Sky Airline and FlyBondi to consider entering the Paraguayan market
Chilean airline Sky Airline and Argentine airline FlyBondi are both mulling an entry into the Paraguayan market. The two airlines are lobby for certification to begin operating in Paraguay, from Asunsion’s Silvio Pettirossi Airport, however they are hoping to granted an economic «grace period» during initial operations. Sky Airline is still in the analysis stage, […]
