Aer Lingus (-0.5%) has warned cabin crew planning to take part in industrial action from 12-Oct-2010 that they face losing their jobs if they fail to carry out their "contractual duties". Represented by Impact, Aer Lingus cabin crew are planning to work to rule and will refuse to acknowledge new rosters...
South Korea's Incheon International Airport pax traffic was up 22% - traffic highlights in Sep-2010:
Shares in mainland Chinese carriers soared on Friday as trading resumed after a week-long National Day holiday. China Southern, Hainan Airlines, Air China and China Eastern were all stronger on Friday, with the airlines continuing to benefit from a rising yuan as it lowers the value of their dollar-...
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...
Once upon a time the name Lufthansa referred to an airline. While that is still largely true, the Lufthansa Group now encompasses a collection of airlines in which the German parent has complete or partial ownership. Long known for its precision and attention to detail, how do its daughter companies...
easyJet has resolved a long-running branding dispute with its founder Sir Stelios Haji-Ioannou and the easyGroup over its use of the 'easy' brand. There is a price to pay for easyJet, but at least things should quieten down at board meetings. The compromise highlights the way that airline brand recognition...
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...
Kenya's Industrial Court granted an injunction blocking the planned strike by Kenya Airways employees. The court certified the application as urgent and directed that it be heard on 21-Oct-2010. The union said about 5,000 members could take part in the strike scheduled to commence on 13-Oct-2010, including...
Embraer shares gained 2.9% as speculation continues on the fate of its Chinese manufacturing venture. The Brazilian Government reportedly believes it is unlikely that Embraer will receive permission from the Chinese Government to move from the smaller ERJ-145 to the larger E170/E190 family. If a deal...
European airline shares rose for Monday (11-Oct-2010) after wider markets ended the day at a two-week high. Markets were up on continued speculation the US Federal Reserve plans to increase efforts to boost the economy.
Shares in easyJet closed 0.6% higher on Monday after the LCC stated it had resolved a long-running branding dispute with its founder Sir Stelios Haji-Ioannou over its use of the "easy" brand.
North and South American airline stocks slumped on Monday (11-Oct-2010) as the Dow closed trading flat after the lightest day of trading so far this year. Airline shares were down as investors remain uncertain ahead the latest round of quarterly results.
Airports of Thailand (+1.3%) announced its passenger traffic rose by 5.5% in Sep-2010:
Shares in Virgin Blue declined 3.2% yesterday, as the carrier estimated a pre-tax profit affect of AUD15 million-20 million (USD15-20 million) from an initial assessment of the reservations and check-in system outage, with the carrier adding it would actively pursue all avenues to recover the cost....
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...
After several years recommending that the International Civil Aviation Organisation be the centre point of aviation’s climate change policy, airlines around the world got their way during the 37th ICAO Assembly when they adopted a comprehensive resolution to reduce the impact of aviation emission....
While airlines in Europe and North America are agitating against Export Credit Agency (ECA) financing for their Asian and Middle Eastern rivals, international aircraft leasing firms have been quietly tapping traditional and new sources of funding. Much to the chagrin of airlines, this includes new methods...
Kenya Airways (+2.3%) welcomed (12-Oct-2010) the appointment of SM Mbae from the labour headquarters as a conciliator to facilitate talks between management and the Aviation and Allied Workers Union (AAWU) Kenya. Mr Mbae has convened a conciliation meeting on 13-Oct-2010 for talks.
North and South American airline stocks advanced on Tuesday (12-Oct-2010) as the wider market made a slight gain. The Dow (+0.1%) rose after minutes from the US Federal Reserve’s latest meeting increased investor confidence that the bank will implement strategies to further stimulate the economy.
Shares in Southwest gained 1.0% yesterday to USD12.99 on more than 5.08 million shares, while JetBlue shares remained unchanged on the same day that JP Morgan revised its 3Q2010 estimates for both carriers.
European airline shares were mixed on Tuesday (12-Oct-2010) after wider markets slipped for the day. Markets ended the session lower as investors awaited minutes from the US Federal Reserve's latest meeting and mining stocks dropped.
The Republic of Malta is one of Europe’s smallest but most densely populated countries. Strategically situated between Italy and Libya/Tunisia the country is well connected to Europe and North Africa with all flights using Malta International Airport (MIA), previously Luqa Airport, in the west of...
Denmark’s Copenhagen Airport (+2.3%) reported a 12.3% growth in pax traffic in Sep-2010:
Cathay Pacific CEO Tony Tyler stated premium revenues have not returned to levels seen before the global downturn, despite steady improvements over the past year and a “good pick up this year” in premium traffic.
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...
There are more than 30 airlines around the world that have publicly talked about tapping equity markets to help diversify funding sources, coinciding with an improved economic environment. Aircraft deliveries are also accelerating, with more than 1,300 aircraft scheduled for delivery this year alone...
Between the consolidation of the US airline industry and the dilution of contracts between regionals and their major-carrier counterparts, Republic Airways Holdings possibly signalled it has seen the writing on the wall this week, with Chair and CEO Bryan Bedford telling Bloomberg it may seek a marketing...
Chinese major airports have become a strong profit centre in the Chinese aviation market. Four of China’s five largest mainland airports reported combined operating profits of more than USD325 million in the first six months of 2010. Net results have also been favourable, with more than USD200 million...
Kenya Airways recorded (13-Oct-2010) an on-time performance (OTP) of 86% for its morning flights departing from Nairobi. CEO Dr Titus Naikuni stated: “All the 38 flights that have operated were fully crewed and no member of staff is absent from work today due to the strike action.”
North and South American airline stocks gained on Wednesday (13-Oct-2010) as the Dow (+0.7%) rose to a five-month high. US markets were up on better-than-expected quarterly results from JP Morgan Chase and Intel.
