Hawaiian Airlines CEO Mark Dunkerley in early Dec-2010 stated the carrier, which commenced its first services to Tokyo Haneda last month, may add another Asian destination in 2011, possibly in Japan. The destination would be in addition to service the carrier plans to launch to Seoul Incheon on 12-Jan...
Pilots are targeting the end of this month to resolve their dispute with United management over the continued outsourcing of mainline jobs to regional airline counterparts.
Kuwait-based premium carrier Wataniya Airways announced it plans to suspend services to Amman, Bahrain, Damascus and Jeddah and reduce the frequency of operations to Dubai. In a major downsizing, the carrier’s fleet will be cut from seven to four aircraft, and it is studying options to cut its workforce...
The 17th annual Global Airport Development (GAD) conference and attendant Investing in Airports summit were held in Dublin, Ireland, from 15 to 18-Nov-2010, attracting around 230 speakers and delegates at the main conference.
Shares in Frence aerospace and engine supplier Safran fell 1.1% yesterday, despite a bullish assessment of market conditions from CEO, Jean-Paul Herteman. The CEO expects orders for the CFM56 engine, produced in a JV with General Electric, to reach a record 1900-2000 this year.
Canadian carriers Air Canada (+1.8%) and WestJet (+1.6%) stocks ended Monday (06-Dec-2010) higher in a day of mixed results for North and South American airline stocks. The carriers were up on improved traffic results for Nov-2010.
Barcelona-based Vueling confirmed plans to open a base at Amsterdam Airport Schiphol. The LCC will base one A320 aircraft in Amsterdam and operate 28 scheduled services.
Aeroflot (+1.8%) was one of the day’s biggest gainers in a day of mixed trading for European airline shares on Monday (06-Dec-2010). The carrier rose to a two year high after reporting a 65% year-on-year improvement in net profit, to USD281 million, for the nine months ended 30-Sep-2010.
Lonrho Group (+6.2%), which owns a 49% stake in Fly540, reported (06-Dec-2010) the following financial highlights for the 12 months ended 30-Sep-2010:
Mexico’s ASUR (+2.7%) reports pax traffic up 1.0% - traffic highlights in Oct-2010:
China Airlines stated unconsolidated sales in Nov-2010 increased 6.83% to TWD11.2 billion (USD371 million). Shares in the carrier gained 0.6% yesterday.
IATA on 03-Dec-2010 announced that its Board of Governors has selected Tony Tyler, CEO of Cathay Pacific, in a unanimous decision to fill the post of IATA Director General and CEO following the retirement of Giovanni Bisignani next year. It would have been difficult for the Board to ignore the importance...
Early Dec-2010 has marked a number of major milestones passed for the second phase of the Single European Sky programme. The most important of these is the setting of pan-European performance targets for air navigation service providers (ANSPs). The targets cover four major – and interrelated - areas...
Copa Airlines (-1.8%) fell with the majority of North and South American airline stocks on Tuesday (07-Dec-2010), after Copa Holdings reported a 0.5ppt year-on-year slip in load factor for Nov-2010 to 80.3%. The decline was the result of a 4.5ppt fall in Copa Airlines Colombia load factor to 70.5%....
Finnair (-3.9%) shares slumped in another day of mixed trading for European airline shares on Tuesday (07-Dec-2010), despite European markets climbing to the highest level in more than two years. Finnair was down after news mediation to end the eight-day strike by its cabin crews broke down on 06-Dec...
Jazeera Airways (0%) announced (07-Dec-2010) it is offering 40kg checked in baggage allowance for free to all passengers travelling to any Jazeera Airways destination, in addition to the 7kg carry-on allowance also available to all Economy Class passengers. The offer is part of a new customer offering...
WestJet’s position as an unaligned carrier offering an extensive domestic network and based in a market where a Star Alliance member is the only other possible partner, continues to attract interest from foreign airlines seeking to improve their Canadian presence. CEO Gregg Saretsky yesterday announced...
EADS shares rose 3% yesterday, following a major French defence acquisition and more speculation that EADS could beat Boeing for the USD35 billion US Air Force aerial tanker competition. The French Ministry of Defence announced a EUR1 billion order for two satellites from EADS’ Astrium unit.
In the second of a four-part series on women in aviation, we examine the typical roles occupied by women across the world’s airlines.
Australia's Hastings Funds Management confirmed it is considering selling some infrastructure assets, following reports it plans to sell its 50% stake in Hochtief Airport Capital (HTAC).
Indian airline stocks declined on Tuesday as the Government stepped in to curtail airlines from charging high fares for last-minute ticket bookings. Kingfisher shares declined 2.8% while SpiceJet shares were 2.3% weaker. Jet Airways’ shares increased 0.2%.
Air India, India’s state-owned national carrier, is continuing to struggle to cope with continued and significant losses and accumulated high debt levels as it seeks another government equity infusion. Air India is facing pressure to turn around its operations not only from within but from Star Alliance...
The Philippines is one the fastest growing air travel markets in the world, joining the likes of India, Indonesia, Mexico and Brazil in experiencing rapid passenger growth, driven by its archipelago geography which has aided strong domestic air travel growth rates. LCCs, especially locally based Cebu...
Wataniya Airways, subsidiary of Kuwait National Airways (-1.4%), announced (08-Dec-2010) an extension to its interline agreement with Austrian Airlines to 10 more major connections in Europe, taking its network to 29 cities in Europe.
JetBlue (-4.0%) slumped in a day of declines for North and South American airline shares on Wednesday (08-Dec-2010). JetBlue fell after the LCC downgraded its unit revenue, measured in revenue per ASM, outlook for 4Q2010 from +10% to +13% to +8% to +10% while passenger revenue per ASM was also downgraded...
Southeast Asia's biggest LCC, AirAsia, announced confirmed it is “exploring the feasibility” of establishing a new airline JV in the Philippines. The airline already has successfully launched LCC subsidiaries in Thailand, Indonesia, with another planned JV in the Vietnam market.
EADS announced it is soliciting bids for the design and construction of a facility in the US where it would convert A330F airframes into aerial refuelling tankers for the US Air Force. The announcement is another positive display from EADS in the tanker competition. EADS shares rose 3.1%, while shares...
Aegean Airlines (-0.9%) declined in a day where the majority of European airline shares gained (08-Dec-2010). The carrier fell after National P&K Securities lowered its price target for the carrier’s shares from EUR5 to EUR3 during trading. The analysts attributed the lowering to a cut in its sales...
China’s Shenzhen Airport (-0.9%) passenger numbers were down 1% in traffic highlights reported for Nov-2010:
American Airlines has mounted an all-out effort to protect its powerful Dallas-Fort Worth hub, in order to counter the recent expansion of Virgin America into its home territory. American needs to flex its muscle, because DFW is also about to be under attack from a merged AirTran-Southwest and American...
