If anyone needed evidence that LCCs have forever changed the face of the global aviation, this is it: Narita International Airport Corp plans to develop a passenger terminal in Spring 2013 that will exclusively serve low-cost carriers. The Nikkei reports the airport – one of the highest cost airports...
Jet Airways has budgeted for a positive second quarter, with trends for domestic operations “strong” though reflecting seasonality and international seat factors “very strong”. This outlook comes as the airline improved profitability at the EBITDAR level in the three months ended 30-Jun-2010...
2009 was a dramatic and traumatic year for EUROCONTROL, the European Organisation for the Safety of Air Navigation. Not only did traffic decline by 6.6%, but the economic situation had a dramatic and lasting impact on its airline and aviation customers, as Europe faced up to its “most challenging...
European shares reached a five-week closing high yesterday, while the FTSE 100 Index reached its highest close in ten weeks, as bank stress tests (conducted by the Committee of European Banking Supervisors) showed a reassuring level of robustness, leading to gains in the banking sector. A strong rebound...
Having secured 133 orders at Farnborough, Airbus CEO, Tom Enders, has revealed that the manufacturer may soon announce another large order. According to Mr Enders, the customer is based in the US and the order will be for between 20 and 30 aircraft. Whether the order will be for narrowbodies or widebodies...
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
Singapore Airlines reported a net profit in the three months ended Jun-2010, reversing a year-earlier loss, as the global economic recovery boosted air travel. The carrier added that it expects the recovery to continue to underpin its business for the remainder of the year.
European airline shares rose on Monday (26-Jul-2010) as wider markets closed at a five week high, led by gains in the banking sector after passing stress tests relatively unscathed. A strong rebound in US homes sales for Jun-2010 also pushed markets higher, following a record low month in May-2010.
The Australian Senate Rural and Regional Affairs and Transport References Committee has released the details of its inquiry into the effectiveness of aircraft noise management by Australia’s air navigation services provider, Airservices Australia. Aircraft noise is an unavoidable by-product of aviation...
In both Europe and the US, regulators and governments are making the news. In Europe, the European Commission gave the go-ahead to the merger between British Airways and Iberia, as well as sanctioning tighter cooperation amongst the oneworld alliance members. This was quickly followed by the US Department...
Air New Zealand reported further improvements in demand and load factors last month, but yields are still lagging. The carrier handled 1 million passengers in Jun-2010 across its network, a 7.8% year-on-year increase, with traffic (RPKs) increasing by 5.8% on a 1.7% capacity (ASKs) increase.
Unlisted Kuwait Airways Corporation (KAC) announced it has received offers for partnership from investment banks, auditing companies and aviation companies to promote shares in the airline and supervise a tender for a strategic partner. KAC will also be cooperating with the World Bank to review the...
Shares in Singapore Airlines slipped 0.1%, despite the carrier reporting a net profit in the three months ended Jun-2010, reversing a year-earlier loss, as the global economic recovery boosted air travel. The carrier added that it expects the recovery to continue to underpin its business for the remainder...
North and South American carriers’ stocks surged higher on Monday (26-Jul-2010), following the release of improved US home sales data during trading, showing signs of an economic recovery that could lead to improved demand. The Dow (+1.0%) moved higher as a result, as did the AMEX Airline Index (+...
With the majority of US airlines that have so far reported their 2Q1020 financial results showing a surprisingly healthy profit and/or revenue increase and with economic data generally suggesting that the country may be about to turn the corner as we ‘celebrate’ the three year anniversary of the...
Shares in France’s Aéroports de Paris (AdP) led the way yesterday, rising 5.5% as it signed the new Economic Regulation Agreement with the French Government for the 2011-2015 period. AdP expects passenger traffic to rise 3.2% over the next five years.
Comair (-1%), British Airways' South African subsidiary, announced (27-Jul-2010) plans to commence five times weekly Johannesburg-Dar Es Salaam (Tanzania) service from 02-Nov-2010.
The Euro-zone economic recovery is looking increasingly fractured, but Zurich Airport continues to achieve solid traffic results.
European airline stocks were mixed on Tuesday (27-Jul-2010), despite wider markets reaching a five-week intra-day high during the session. Markets were up on further US home data from the US, strong financial results from UBS and the Basel Committee’s announcement that they will scale back many of...
North and South American airline stocks ended their winning streak on Tuesday (27-Jul-2010), as markets slumped in afternoon trading. The Dow (+0.1%) still ended the session marginally higher, despite The Conference Board reporting a drop in US consumer confidence.
NATS, the UK’s major air navigation service provider, has managed to emerge from FY/2010 with its run of black ink intact. For the year to 31-Mar-2010, the ANSP reported an underlying profit before tax of GBP100.7 million, GBP43.2 million that its result in the previous financial year. Pre-tax profit...
Indian low cost carrier SpiceJet has placed an order for 30 new B737-800s at a list cost of USD2.7 billion for delivery between 2014 and 2018.
AirAsia has significantly enhanced its traffic reporting, releasing monthly operating statistics for each of its Malaysian, Thai and Indonesian operations for the first time, reproduced in full here.
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
In an announcement yesterday morning, American Airlines said Air Berlin would be joining oneworld, which includes comprehensive codesharing and frequent flyer partnerships. It fills in the final gap for the alliance in Europe with Air Berlin’s extensive network in Central Europe. The two expect to...
"Aer Lingus announced in May its intention to leave oneworld as its strategy has changed fundamentally since it joined the alliance six years ago and is no longer convergent with oneworld's. The alliance's key target market is the multi-sector, premium, frequent international traveller, and Aer Lingus...
The European Commission granted the United/Continental merger unconditional clearance and concluded the merger would not raise any specific concerns in Europe or the trans-Atlantic. The move came only minutes after the two airlines announced their executive suite which would not include either United...
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
The US airline industry immediately responded to the Department of Transportation report that air fares are rising, saying they should be kept in perspective. It was a clear attempt to derail any more criticism being heaped on the industry at a time when mergers and fees have become the focus of much...
The Tibet Autonomous Region is one of the most exciting aviation markets on the planet. Over the past 10 years, the Central Government in Beijing has invested CNY310 billion (USD46 billion) in Tibet – equivalent to almost USD15,000 per person – building infrastructure and developing mining, agriculture...
