CAPA airline profit outlook: margins slipping as cost reduction intensity dims. Discipline needed
The latest six monthly update of the CAPA world airline industry operating margin model increases its forecasts to 2018 relative to the Jan-2017 update. 2016 was probably a cyclical peak, but the current outlook is for a more sustained period comfortably in excess of previous peak margins of around 6% – whereas previous peaks were […]
Strong Demand Growth Continues in June
The International Air Transport Association (IATA) announced global passenger traffic data for June showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 7.8% compared to the year-ago period. This was in line with the 7.7% growth recorded in May. All regions reported growth. June capacity (available seat kilometers or ASKs) increased […]
IATA: Airlines to report higher Q2 profits
More than three-quarters of airline chief financial officers and heads of cargo indicated that profitability increased in the second quarter of 2017 versus a year earlier, according to a quarterly airline business confidence index survey conducted by the International Air Transport Association (IATA). Seventy-seven per cent of respondents reported that profitability increased year-on-year in the […]
Vegas Airport 500K Ahead of Half-Year 2016 Passenger Tally
McCarran International Airport is reporting that it handled 500,000 more passengers in the first half of 2017 than the first six months last year. Clark County aviation officials reported Wednesday that the Las Vegas airport logged just under 4.2 million arriving and departing people in June. That was up 1.5 percent compared with June 2016, […]
Aeroflot Officially Returns to the Global Aviation Elite by Passenger Traffic
Aeroflot has achieved a key strategic milestone and has once again occupied a spot among the world’s top 20 leading airlines by passenger traffic, returning to this group for the first time in nearly thirty years. According to data compiled by Flight Airline Business, an authoritative aviation publication, Aeroflot Group in 2016 ranked 18th among […]
OAG looks beyond aviation as it upgrades analytics platform
OAG has updated its analytics suite to make the company"™s data more accessible to a broader range of customers in sectors beyond aviation. According to Mark Clarkson EVP product management, the Traffic Analyser 2.0 web-based platform aims to make data more accessible to users such as tourism boards, investors, and infrastructure companies. "We did some […]
EEUU: Privatization plan hits turbulence; supporters still upbeat
A plan to privatize the nation’s air traffic control operations has hit turbulence in the House, raising questions about whether one of President Donald Trump’s infrastructure priorities can survive. The concept of splitting off air traffic control from the Federal Aviation Administration faces even longer odds in the Senate, but supporters were counting on backing […]
With backing from major airlines and Trump, will air traffic control reform finally take off?
After decades of debate and failed attempts at reform, an effort to transform the country"™s air traffic control system "” which handles nearly 44,000 daily flights "” is facing the most favorable conditions for takeoff it"™s had in years. A proposal that would spin off the federally-managed air traffic control system into a private, not-for-profit […]
Aviation’s concerns ‘high on the radar’ as UK negotiates Brexit
The UK government is «taking seriously» aviation industry concerns about Brexit, transport secretary Chris Grayling has declared. Speaking at an Aviation Club luncheon yesterday, Grayling said the sector «is very high on the government’s radar» in negotiations with Brussels. He also affirmed that ministers remained «very committed» to a third runway at London Heathrow and […]
Top 25 cargo airlines: FedEx maintains top spot but ABC and Qatar on the up
FedEx was once again the busiest freight airline in the world, while Qatar Airways, AirBridgeCargo (ABC) and All Nippon Airways were among the fastest growers in 2016. (FedEx es la principal línea de carga aérea en 2014) The annual World Air Transport Statistics report from Iata showed that in freight tonne km (FTK) terms, FedEx […]
