Diversity is the foundation of Pegasus success
Güliz Öztürk, CEO of Pegasus Airlines, says equal opportunities have driven the carrier’s growth. Graham Newton reports. Why is diversity so important to the airline? Diversity has always been integral to our vision. Our company is 33% women, including 70 female pilots. At our head office, it is 49% women. It has been an important […]
Aeromexico Reports November 2022 Traffic Results
Grupo Aeromexico S.A.B. de C.V. («Aeromexico») (BMV: AEROMEX) reported November 2022 operational results. Grupo Aeromexico transported 2 millions 40 thousand passengers in November 2022, a 30.6% year-on-year increase. International passengers carried increased by 32.8%, while domestic passengers increased by 29.8%. Aeromexico’s total capacity, measured in available seat kilometers (ASKs), increased by 32.7% year-on-year. International ASKs […]
World’s first C919 Aircraft delivered to China Eastern Airlines
On Dec. 9, the world’s first C919 aircraft, with registration number of B-919A, was delivered to its world’s first launch customer, China Eastern Airlines (CEA). The C919 is China’s first homegrown large passenger aircraft in accordance with international airworthiness standards, and owns independent intellectual property rights. It features advanced aerodynamic design, propulsion system and materials, […]
2022 SAF Production Increases 200% – More Production Incentives Needed to Reach Net Zero
The International Air Transport Association (IATA) estimates that Sustainable Aviation Fuel (SAF) production will reach at least 300 million liters in 2022—a 200% increase on 2021 production of 100 million liters. More optimistic calculations estimate total production in 2022 could reach 450 million liters. Both scenarios position the SAF industry on the verge of an […]
Airlines Cut Losses in 2022; Return to Profit in 2023
The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in 2022. In 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net profit margin. […]
IATA-McKinsey Study Shows Imbalanced Aviation Value Chain
The International Air Transport Association (IATA) and McKinsey & Company published a study of profitability trends across the aviation value chain showing that profitability varies widely by sector. The study also shows that in aggregate, airlines underperform on the financial return that an investor would normally expect. While there is no clear path to rapidly […]
oneworld takes home another two Best Airline Alliance awards
The oneworld® Alliance has been named Best Airline Alliance again by readers of both Business Traveler USA and Global Traveler, reinforcing oneworld’s position as the most preferred alliance among world travellers. Readers of Business Traveler USA selected oneworld as Best Airline Alliance for the eighth consecutive year. Since its inception in 1988, the Annual Best […]
Headwinds Continue to Affect Air Cargo Demand in October
The International Air Transport Association (IATA) released data for October 2022 global air cargo markets showing that headwinds continue to affect air cargo demand. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 13.6% compared to October 2021 (-13.5% for international operations). Capacity was 0.6% below October 2021. This was the first year-on-year contraction since April […]
British Airways works with Queen Elizabeth’s Foundation for disabled people to enhance accessibility support for customers
To mark International Day of Persons with Disabilities (3rd December 2022), British Airways has announced that it is working with Queen Elizabeth’s Foundation for Disabled People (QEF). By working with QEF, which supports children and adults with physical and learning disabilities or acquired brain injuries to increase their independence, the airline is showing its continued […]
Air Canada Named Best Airline in North America for Fourth Straight Year by Global Traveler
Air Canada has been named the Best Airline in North America for the fourth consecutive year by the readers of Global Traveler. The airline also won for Best Airline Cabin Cleanliness for the third consecutive year in the 19th edition of the GT Tested Reader Survey of the magazine’s readership of frequent business and luxury […]
