Global airline share prices up 1.7% in October, says IATA
The International Air Transport Association (IATA) in its October 2017 Airlines Financial Monitor said the initial financial data for Q3 point to a healthy industry EBIT margin of 16.3%, down only slightly on a year ago. In the report released yesterday, IATA said European airlines posted the widest profit margin on this occasion, overtaking their […]
September Passenger Demand Shows Hurricane Hit, Slowing Growth
The International Air Transport Association (IATA) announced global passenger traffic results for September showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.7% compared to the same month in 2016. This was the slowest year-on-year increase since February. Hurricanes Irma and Maria weighed heavily on the results, although growth already had been tapering. […]
A Current Ranking Of The Longest Airline Flights In The World
Earlier this week, United Airlines launched a new route: non-stop from Los Angeles to Singapore. The flight covers nearly 9,000 miles and takes almost 18 hours in the direction from Los Angeles to Singapore, making it one of the longest flights in the world. Not only is this the first time the two cities are […]
Lufthansa and Orlando International Airport commemorate ten-year partnership
Lufthansa celebrates a decade of nonstop air service between Orlando, Florida and Frankfurt, Germany. Exactly ten years ago to the day, Lufthansa flight LH 464, an Airbus 330-300, arrived at Orlando International Airport (MCO) for the first time, marking the opening of Lufthansa?s 20th North American gateway. This route was the first of any airline […]
IAG Reports Uptick in Quarterly Profits
International Consolidated Airlines Group has reported a third quarter operating profit of €1,455 million before exceptional items. The figure is up from the €1,205 million reported last year. Willie Walsh, IAG chief executive, said: "We"™re reporting another strong quarter with an operating profit up 20.7 percent to €1,455 million before exceptional items. "All our companies […]
American Airlines 3Q profit falls on higher costs, storms
American Airlines said Thursday that third-quarter profit fell on higher costs and the effect of three hurricanes, but it sees stronger pricing power ahead. The airline predicted that a key measure of prices would be stronger in the fourth quarter than it was in the third because of improving demand for both business and leisure […]
WPS 2017: Driving onboard passenger spending
Airlines must develop more creative ways to stimulate passenger spend if onboard ancillary revenues are to reach their potential. On many carriers, cabin crew are still walking up and down the aisle giving passengers only a short window of time to buy even on long-haul flights. But broadband access and services enabled by onboard connectivity"”such […]
New passenger security checks on US-bound flights
New security measures come into force today on all US-bound flights, including stricter passenger screening before takeoff. However, passengers travelling to the United States from Dublin and Shannon may not notice any difference. The enhanced measures are being introduced to comply with US government requirements designed to avoid an in-cabin ban on laptops. Airlines say […]
Passengers Want Technology to Give Them More Control Over Their Travel Experience
The International Air Transport Association (IATA) announced the results of its 2017 Global Passenger Survey (GPS) which revealed that passengers expect technology to give them more personal control over their travel experience. Based on 10,675 responses from around the globe, the survey provided insight into what passengers want from their air travel experience. Topping the […]
Emirates celebrates 10th year of connecting Brazil to the world
In October 2007, Emirates became the first airline to link Brazil and the Gulf region with non-stop flights between Sao Paulo and Dubai. Now serving the two main cities in Brazil daily "“ São Paulo and Rio de Janeiro "“Emirates, the world"™s largest international airline, has carried over 2 million passengers in 10 years of […]
