Spirit Airlines Begins Service From San Jose Mineta Airport
ULCC Spirit Airlines added San Jose Mineta International Airport (SJC) to its network, launching three routes from the California airport. The carrier on June 7 commenced flights from SJC to Dallas-Fort Worth International Airport (DFW), Las Vegas Reid International Airport (LAS) and San Diego International Airport (SAN). The SJC-LAS route will be operated 2X-daily, while […]
Airline Profitability Outlook Strengthens
The International Air Transport Association (IATA) announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. Highlights include: Airline industry net profits are expected to reach $9.8 billion in 2023 (1.2% net profit margin) which is more than double the previous forecast of $4.7 billion (December 2022). Airline industry […]
Star Alliance names Theo Panagiotoulias as New CEO
Star Alliance, the world’s first and largest global airline alliance, is pleased to announce that Theo Panagiotoulias has been chosen to become its next CEO. Mr Panagiotoulias has more than 25 years’ international experience in the airline and aviation industry. He joins Star Alliance from Hawaiian Airlines, where he had been Senior VP for Global […]
Unruly Passenger Incidents in Post-Pandemic Increase
The International Air Transport Association (IATA) released a new analysis showing that reported unruly passenger incidents increased in 2022 compared to 2021. IATA called for more states to take the necessary authority to prosecute passengers under Montreal Protocol 2014 (MP14). Latest figures show that there was one unruly incident reported for every 568 flights in […]
Blocked Airline Funds Threaten Connectivity
The International Air Transport Association (IATA) warned that rapidly rising levels of blocked funds are a threat to airline connectivity in the affected markets. The industry’s blocked funds have increased by 47% to $2.27 billion in April 2023 from $1.55 billion in April 2022. “Airlines cannot continue to offer services in markets where they are […]
Travel Demand Continues Strong in April; Domestic Traffic Fully Recovered
The International Air Transport Association (IATA) announced continued strong passenger traffic demand in April. Total traffic in April 2023 (measured in revenue passenger kilometers or RPKs) rose 45.8% compared to April 2022. Globally, traffic is now at 90.5% of pre-Covid levels. At 81.3%, industry load factor was only 1.8 percentage points below pre-pandemic level. Domestic […]
Air Canada Partners With PAL Airlines To Boost Regional Connectivity
Air Canada has reached a bridging agreement with regional carrier PAL Airlines to bolster its capacity on routes in eastern Canada. PAL will operate regional flights for up to five years under Air Canada Express. Air Canada and PAL capacity agreement Air Canada has confirmed an agreement with PAL Airlines that will see the latter […]
Air Cargo Demand Decline Slows in April
The International Air Transport Association (IATA) released data for April 2023 global air cargo markets, showing a continued, but slower, decline against the previous year’s demand performance. Global demand, measured in cargo tonne-kilometers (CTKs), fell 6.6% compared to April 2022 (-7.0% for international operations). This decline was an improvement over the previous month’s performance (-7.6%). […]
Korean Air gains IATA CEIV battery certificate
Korean Air has gained IATA’s Center of Excellence for Independent Validators (CEIV) Lithium Batteries certification. In December last year, Korean Air joined a working group led by Incheon International Airport Corporation, along with stakeholders including forwarders and other operators in the domestic air cargo sector, to prepare for the certification. All stakeholders in the working […]
A4A Predicts Record Number of Passengers Traveling This Summer
Airlines for America (A4A) and CQ Roll Call yesterday (25/05) hosted the 2023 Summer Travel Summit. A4A projects U.S. airlines to carry an all-time high 257 million passengers from June 1-August 31, 2023. Despite having to trim schedules, U.S. airlines will be able to accommodate demand by using larger aircraft. In fact, year over year, […]
