Peru’s “Anti Low-Cost” Bill Draws Criticism from Airlines: Here’s Why
The Peruvian Congress is moving forward with a bill that would involve state interference in the pricing policy of national and international airlines operating in the country, setting off alarm bells in the airline industry. This is Bill 2956/2022-CR, which was approved by the Transport Commission of the Congress of the Republic at the end […]
Building the diversity business case
It now has some 188 signatories, representing over 50% of IATA member airlines or some 55% of global traffic. Jane Hoskisson, IATA’s Director Talent, Learning, Engagement & Diversity, says a critical mass has been achieved. “Through these airlines, the industry is committed to increasing diversity in its workforce,” she says. “The focus is now on […]
A ‘business imperative’: Delta outlines roadmap to more sustainable travel
From pursuing sustainable aviation fuels and more efficient aircraft to reducing single-use plastics and encouraging a net-zero supply chain, Delta announced its roadmap to more sustainable travel and net-zero emissions by 2050. The strategy and goals are inspired by what is good for the planet, communities and Delta people, and driven by a recognition that […]
IATA Releases 2022 Airline Safety Performance
The International Air Transport Association (IATA) released its 2022 Safety Report for global aviation. The report showed a reduction in the number of fatal accidents and the fatality risk, compared to 2021 and to the five year average (2018-2022). From this year, the Safety Report has been re-invented as an online interactive resource rather than in static […]
Global Airline Community Challenges Legality of Mandatory Flight Reductions at Schiphol Airport
The International Air Transport Association (IATA) and airlines are mounting a legal challenge to the Dutch government’s sudden decision to reduce Schiphol airport’s capacity. Schiphol Airport is already restricted to 500,000 flights annually. The government’s decree would renege on that agreement, reducing Schiphol connectivity to 460,000 flights from November 2023. IATA and the global airline […]
Lufthansa Group achieves financial turnaround in 2022 with Adjusted EBIT of 1.5 billion euros
Revenue almost doubled to 33 billion euros Record results at Lufthansa Cargo and Lufthansa Technik Highest Adjusted free cash flow in company history Booking momentum remains strong at high average yields Passenger numbers more than doubled: Over 100 million passengers on board again New aircraft and new cabin interior for premium flight experience Further significant […]
Arajet Requests DOT Authorization To Launch Flights To The US
The Dominican carrier Arajet has requested US Department of Transportation (DOT) authorization to begin operating scheduled commercial passenger services to three destinations, San Juan (SJU), Miami (MIA), and New York John F. Kennedy (JFK) or New York Stewart International Airport (SWF). If approved, this would be Arajet’s entrance to the largest market in the Americas; […]
United Rallies Businesses and Consumers with New, First-of-its-Kind $100+ Million Sustainable Flight Fund
In an effort to rally businesses and consumers, United today launched the United Airlines Ventures Sustainable Flight Fund SM, a first-of-its-kind investment vehicle designed to support start-ups focused on decarbonizing air travel by accelerating the research, production and technologies associated with sustainable aviation fuel (SAF). The fund starts with more than $100 million in investments […]
Emirates invests USD 135 million in new pilot training centre
Emirates will soon build an advanced training facility to accommodate 6 Full Flight Simulator Bays (FFS) for its future Airbus A350 and Boeing 777X aircraft. The brand new, 63,318 sq. ft. facility is slated to open in March 2024. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive Emirates Airline and Group, […]
U.S. jet fuel shortage drives airline costs higher: Kemp
Resurgent passenger aviation following the coronavirus pandemic has created shortages of jet fuel, pushing up airlines’ operating costs and fares. U.S. jet fuel inventories stood at just 36.5 million barrels on Feb. 10, according to data from the U.S. Energy Information Administration (EIA). Stocks were at the lowest for the time of year since 1985 […]
