Daily Airline News

Europe

TAP Air Portugal Focused on ‘Tactical,’ Profitable Growth With Sale Pending

TAP Air Portugal is hitting its profitability marks, with management laser focused on making the state-owned airline an attractive takeover target.

Edward Russell | 1 year ago

The Airline/Airport Growth Challenge

Four major U.S. airlines have now reported their third-quarter results, including United, American, and Alaska Airlines last week. Together with Delta’s results the week before, the latest disclosures make several…

Edward Russell and Jay Shabat | 1 year ago

North America

Alaska Airlines Challenged by Softening Demand, High West Coast Fuel Prices

During the third quarter, Seattle-based Alaska Airlines earned a 12% operating margin (excluding special items), boosted by strong premium demand, contributions from its loyalty program, and growing revenue from its…

Jay Shabat | 1 year ago

Europe

Air France-KLM’s SAS Takeover: Do Copenhagen, Oslo, and Stockholm Hubs Stay?

Air France-KLM's pending $145 million deal for a minority stake in Scandinavia's SAS is the latest move among Europe's consolidating airlines. But there are more questions than answers as the…

Edward Russell | 1 year ago

Europe

Fast-Growing Istanbul Airport Wants More Budget Airline Competition

IGA Istanbul Airport is one of the big air travel pandemic recovery success stories. The airport has skyrocketed up global rankings to seventh busiest last year but executives acknowledge that,…

Edward Russell | 1 year ago

Asia-Pacific

Thai Airways to Complete Thai Smile Merger, Exit Bankruptcy in 2024

There is light at the end of the Thai Airways pandemic bankruptcy restructuring. The airline is on track to complete the integration of its Thai Smile subsidiary by the beginning…

Edward Russell | 1 year ago

Asia-Pacific

AirAsia, Chastened from Pandemic Losses, Takes Disciplined Approach to Growth

Gone are the days of growth for growth's sake at AirAsia. The Southeast Asian discounter is taking a much more disciplined approach to expansion after pandemic losses topped $2.7 billion.

Edward Russell | 1 year ago

Delta’s Cost Conundrum 

Third quarter earnings season is now underway, with Delta as usual hosting the opening ceremonies. Its results were again good, though somewhat disappointing given just how strong demand was this…

Edward Russell and Jay Shabat | 1 year ago

Europe

EasyJet Raises Profit Outlook After ‘Record’ Summer, Orders More Airbus Planes

EasyJet expects operating profits nearly double analyst forecasts during the year that ended in September, after a banner summer travel season in Europe. That, in part, gave the European discounter…

Edward Russell | 1 year ago

Europe

British Airways Latest to Suspend Israel Flights as Industry Braces for Extended Conflict

Passengers on British Airways flight BA165 got an extra four-plus hours in their seats Wednesday after the airline suspended service to Tel Aviv when the plane was inbound from London.…

Edward Russell | 1 year ago