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Europe
Transatlantic Travel Boom
There was one thing in common across Air France-KLM, IAG, and JetBlue in the second quarter: Transatlantic travel demand is booming. That helped lift the first two to impressive profits.…August 4th, 2023
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Europe
JetBlue Will Pay Dearly to End its Alliance With American Airlines
JetBlue Airways was always going to lose some revenue by ending its alliance with American Airlines in the northeastern U.S. The hit, disclosed Tuesday, is big and will cut the…August 1st, 2023
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Europe
Aircraft Leasing Giant AerCap Sees Aircraft Supply Shortages Persisting for Years
AerCap, the world’s largest aircraft leasing company, does not see the commercial aircraft shortage ending anytime soon, even as demand for aviation assets remains robust.July 31st, 2023
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Europe
Falling Airline Yields Do Not Mean Weak Demand
Both Ryanair and Alaska Airlines reported some decline in yields in the second quarter and continuing into the third. But they also made clear: Overall travel demand remains robust on…July 28th, 2023
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Europe
Air France-KLM Looks to Spin-Off Loyalty Plan as Results Lag Peers
Air France-KLM is talking to Apollo Global Management about raising funds to improve its balance sheet, in a deal that would involve spinning off its loyalty plan into a new entity.…July 28th, 2023
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Europe
Icelandair Sees Travel Demand in Europe Beginning to Weaken
Icelandair posted record profits off booming transatlantic travel in the second quarter. But the rest of the year may not be as rosy with CEO Bogi Nils Bogason warning of…July 21st, 2023
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Europe
Norse Atlantic’s Strategy Comes Into Focus
Norse Atlantic Airways President Charles Duncan is optimistic, if nothing else, about the longhaul low-cost airline's future. But even with some summer profits under its belt, he and his team…July 14th, 2023
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Europe
LOT Polish Turns 2022 Profit Despite Ukraine War Challenges
LOT Polish, Poland’s national airline, claims to have earned a 8.3 billion Polish zloty ($26 million) net profit last year. The result marks a return to profitability after two years…July 10th, 2023
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Europe
Norwegian Air’s Wise Wideroe Move
After a decade of reckless growth in the aughts, Norwegian Air made a strategically smart decision in its deal to buy regional Wideroe. The combination would, if approved by regulators,…July 7th, 2023
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Europe
Amsterdam Schiphol Flight Cuts Move Forward After KLM, Other Airlines Lose Appeal
KLM and other airlines may have to cut their schedules in Amsterdam as soon as next summer after a Dutch appeals court ruled that the government could limit flights at…July 7th, 2023