Reading Time: < 1 minute Austrian Airlines carried close to 668,000 passengers in January 2017, comprising a rise of 8.5 percent from the prior-year month. This increase is mainly due to the expanded bilateral flight traffic between Austria and Germany. The flight offering as measured in available seat kilometers (ASK) was increased by 3.0 percent to almost 1.7 billion. Revenue […]
Reading Time: < 1 minute Etihad Airways delivered another year of sustained growth in 2016, helped by new aircraft, additional frequencies and the introduction of further world-class products. The airline carried 18.5 million guests during the year, up 6% on 2015. The airline was also part of the evolution of Etihad Aviation Group, a wider aviation and tourism business which […]
Reading Time: < 1 minute Aeroflot has been named the strongest airline brand globally in 2017 by Brand Finance, the world’s leading independent branded business valuation and strategy consultancy. Brand strength is based on observing the brand’s current performance, accessing the relevant beliefs, associations and attitudes in the minds of consumers, and estimating the brand’s future performance and profit streams. […]
Reading Time: 2 minutes Ireland-based low-cost carrier (LCC) Ryanair saw its third-quarter profits fall 8% compared to the same period in the previous year, as geopolitical events pushed more capacity into its market and yields fell. The LCC reported net profits of €95 million ($102 million) for the third quarter of its financial year ended Dec. 31, down from […]
Reading Time: 3 minutes The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]
Reading Time: < 1 minute Qatar Airways has launched a record-breaking service to Auckland, New Zealand, making it the operator of the world’s longest commercial flight. The flight, which takes 17 hours and 30 minutes to cover a distance of 14,535 kilometres nonstop from Doha, touched down in Auckland. “Arriving in Auckland on Waitangi Day, and achieving the title of […]
Reading Time: 2 minutes The UK government has told London Heathrow Airport to improve domestic connectivity and offset the social impact of its planned third runway as part of a bid to secure planning permission. The measures were outlined in a draft airports national policy statement (NPS), published Feb. 2, and opened to a 16-week UK-wide public consultation. The […]
Reading Time: < 1 minute Tigerair Australia has communicated that it will permanently discontinue its Australia to Denpasar Bali flights. Virgin Australia’s wholly owned subsidiary was forced to suspend flights earlier in January at the request of the Indonesian authorities due to licencing issues. Tigerair used Virgin Australia 737 aircraft for the services from Melbourne, Adelaide and Perth to Australia. […]
Reading Time: < 1 minute Online retail giant Amazon has announced plans to build an air cargo hub at Cincinnati/Northern Kentucky Airport in Hebron, U.S. The move is intended to support its growing fleet of aircraft and should create in excess of 2,000 jobs. It is anticipated the costs will be in the region of US$1.5 billion. Having agreed to […]
Reading Time: < 1 minute After several months of rumors and speculations, Avianca announced that it is working with United Airlines to enhance and deepen the companies’ commercial and strategic relationships. In a statement, the Colombian carrier said that after considering the different offers and plans submitted, the airline has decided to establish a long-term strategic-commercial alliance with United Airlines. […]