Lufthansa buys BA/Air France, Ryanair charges for air, Air Canada-Emirates to codeshare

March 31, 2010, 11:49 pm

Delta CEO Richard Anderson confirmed rumours that Delta will move its hub operations from Atlanta to Chattanooga, Tennessee stating that, “Atlanta has just become too big and too congested”. Company spokespersons noted that only with Delta’s...

Middle East airport capacity crunch looming?

March 31, 2010, 11:45 pm

The ten leading Middle East hubs are investing some USD48 billion in new/expanded airport projects over the next 30 years, which will provide capacity for an additional 320 million passengers p/a. This will take the leading hubs' total capacity to...

Air Berlin’s net loss narrows in 2009; Reduces B787 orders as part of efforts to gain higher earning

March 31, 2010, 11:41 pm

Partly thanks to profits on a convertible bond transaction, Air Berlin narrowed its net loss to EUR22 million in 2009, a considerable improvement from a EUR70 million net loss in 2008, as it reduced operating expenses by 5.0%, exceeding the 4.4%...

Etihad Airways slowing growth to improve financial performance

March 31, 2010, 11:12 pm

Etihad Airways confirmed this month that it is in negotiations with Airbus to delay its A380 deliveries, in favour of accelerating deliveries of smaller widebody aircraft as it continues its quest to report a maiden break-even result. The carrier...

Regional Airline Association establishes safety council

March 31, 2010, 11:09 pm

A new Regional Airline Association Safety Council was approved by the association's board of directors yesterday, as part of its continuing reaction to the Colgan Flight 3407 which crashed on approach to Buffalo just over a year ago. The council is...

Lufthansa calls on pilots to cancel strike, SAS yields improving “slowly”

March 31, 2010, 11:06 pm

European carriers’ shares were mixed on Wednesday (31-Mar-2010), as oil prices (+1.9%) gained again, to USD83.76. Wider markets were mostly down as investors remained concerned over Greece’s debt issues, following a disappointing bond sale the...

Can South Korea’s LCCs survive a sea of red ink?

March 31, 2010, 10:55 pm

South Korea, like the rest of North Asia, has been slow to adopt the LCC model, especially when compared to its Southeast Asian neighbours, with the main impediment to expansion being conservative regulatory regimes, with protectionism still...

US airport hubs: Memphis Airport

March 31, 2010, 10:29 pm

For roughly the past month we have been looking at the US hub system, primarily at those cities that have loved and lost and how the airports and their communities have adjusted to their new reality. Some have done better than others and most, but...

Malaysia Airports Holdings Bhd may suffer LCCT delay, gategroup announces North American contracts

March 31, 2010, 9:48 pm

In Southeast Asia yesterday, shares in Malaysia Airports Holdings Bhd (MAHB) gained 0.4%, despite a possible delay on its proposed low-cost carrier terminal (LCCT) at Kuala Lumpur. The terminal is expected to be completed by late 2011 or early 2012,...

Lufthansa buys BA/Air France, Delta moves hub, Air Canada-Emirates to codeshare, Ryanair air charge

March 31, 2010, 7:41 pm

Delta CEO Richard Anderson confirmed rumours that Delta will move its hub operations from Atlanta to Chattanooga, Tennessee stating that, “Atlanta has just become too big and too congested”. Company spokespersons noted that only with Delta’s...

Malaysia Airlines and Virgin Blue confirm major aircraft orders

March 31, 2010, 7:20 pm

Malaysia Airlines has ordered up to 25 A330-300 aircraft, with firm orders for 15 of the type and options for a further ten aircraft. The aircraft will be configured in a two class layout with 283 seats and will be deployed on services to Australia,...

Virgin Blue orders up to 105 B737s, Cebu Air defers IPO

March 31, 2010, 7:17 pm

Virgin Blue Group has signed an agreement with Boeing, for up to 105 new B737 aircraft – by far the largest aircraft order in Virgin Blue’s ten year history and the Boeing’s largest order in the past 18 months. The agreement includes 50 firm...

Bombardier in Chinese leasing deal, CSeries testing under way. Boeing admits slowness in 787 testing

March 31, 2010, 12:07 am

Fresh from the ground breaking of its new CSeries fuselage factory in Shenyang, Bombardier Aerospace announced an MoU with one of China’s top leasing companies, CDB Leasing Co (CLC) for up to USD3,850 million billion in capital, availability to...

Air Arabia launches new route; Kuwait National Airways soars; 1time and Comair flat

March 31, 2010, 12:05 am

Air Arabia was one of few carriers to witness a rise in shares on Tuesday (30-Mar-2010). During trading, the carrier's Moroccan unit launched three times weekly Casablanca-Montpellier service.

Republic up; Hawaiian Airlines falls; TAM to become 27th member of Star Alliance in May-2010

March 31, 2010, 12:04 am

The majority of North and South American carriers’ shares fell on Tuesday (30-Mar-2010), as investors have become cautious ahead of the latest unemployment report, to be released this week. The AMEX Airline Index fell 0.9% as a result.

WestJet focusing on codeshares, GOL boosting ancillary revenues: LCC share wrap

March 31, 2010, 12:01 am

US airline stocks were generally weaker yesterday, with Allegiant Air the exception among the listed LCCs, gaining 0.6%. US airline shares have witnessed improved growth over the past few months, with valuations up from year-ago lows. However, the...

Aer Lingus commences implementation of cost cutting plan; SAS expecting loss of EUR102.6 million

March 30, 2010, 11:59 pm

European carriers were mostly down with wider markets on Tuesday (30-Mar-2010), as investors became concerned that it will be difficult for European Union policymakers to bail out Greece from its sovereign debt issues, after the latest bond issue...

Xiamen International Airport reports surge in operating profit: Airport Share Wrap

March 30, 2010, 9:14 pm

Shares in China’s Xiamen International Airport dipped 1.2% yesterday, ahead of the release of the airport’s financial and traffic report for the 12 months ended 31-Dec-2010.

Republic Airways' relationships gaining complexity

March 30, 2010, 9:07 pm

The newly emerging regional airline model is gaining more complexity as holding companies that try to build brands divisions start to compete with their regional capacity purchase partners.

Thai Airways receives govt support for capital raising; SIA to raise fares; Asia sees strong demand

March 30, 2010, 7:13 pm

Shares in Thai Airways gained 3.6% yesterday, reaching its highest level since 24-Mar-2010 during the day, as Thai Finance Minister, Korn Chatikavanij, stated the Thai Government would support a fund-raising plan by the airline, once requirements...

Strong airline demand emerges in February: IATA. Mindset shift needed for booming emerging markets

March 30, 2010, 6:42 pm

What a difference a year makes. In Feb-2009, the airline industry was reeling. International passenger and freight demand down by 10.1% and 22.1% on the same month in 2008, according to IATA. Feb-2009 marked the “bottom of the cycle” for...

Air Arabia shares downgraded; Kenya Airways continues fall;

March 29, 2010, 11:13 pm

Air Arabia (-0.9%) slipped on Monday (29-Mar-2010) after HC Research cut its rating on the LCCs shares from ‘Buy’ to ‘Hold’, citing rising yield pressures, due to excess capacity and competition. The analysts also cut Air Arabia’s price...

Delta expecting operating margin of 1-2% for 1Q2010; United expecting RASM of USD 11.44-11.54 cents

March 29, 2010, 11:11 pm

The majority of North and South American carriers’ stocks were up on Monday (29-Mar-2010), moving with the wider market, with the Dow (+0.4%) pushed higher by energy and mining stocks. The airline gains came despite a 2.3% rebound in oil prices,...

US airline troubles in 2009 shown by latest BTS data

March 29, 2010, 9:29 pm

It’s official, last year was a very difficult one for US carriers. Given the impact of the recession, it was to no one’s surprise that the number of domestic and international passengers handled by scheduled airlines last year declined 5.3% from...

LCC Terminal to boost Copenhagen Airport’s fortunes

March 29, 2010, 9:23 pm

Copenhagen Airports (CPH) held the topping-out ceremony for CPH Swift, the new low-cost pier, on 25-Mar-2010. Scheduled to commence operation in six months, the new low-cost concept will “help to attract more passengers to Copenhagen, for the...

Air China, China Southern and China Eastern relish fresh cash injections amid booming demand

March 29, 2010, 6:36 pm

2010 has started with a bang for the Chinese aviation industry, with rapid traffic growth, aggressive capacity and fleet expansion, a recovery in earnings, alliances moves and a flurry of consolidation activity. But there are the ever-present...

China’s airlines renew the call for airspace reform

March 29, 2010, 6:30 pm

As China’s rapidly expanding commercial aviation industry reaches new levels, it is increasingly feeling the cost of airspace constraints. China Eastern Airlines Chairman, Liu Shaoyong, addressed the Chinese National People's Congress in early...

EVA Air and China Airlines higher, Kingfisher eases

March 29, 2010, 5:14 pm

China Airlines’ shares rose 2.7% yesterday as the carrier disclosed it earned TWD1.2 billion (USD65.9 million) in net income in the first two months of 2010 alone.

Air France trims Summer capacity, Lufthansa seeking mediator – report

March 29, 2010, 5:13 pm

Air France-KLM shares gained 1.5% as it announced it would reduce capacity (ASKs) for the Summer Season 2010 by 0.9% year-on-year.

Boeing 787’s wing stretch sends company shares higher

March 29, 2010, 5:12 pm

Boeing’s shares gained 2.1% yesterday as the company completed the ultimate-load wing up-bending test on the B787 static test aircraft.

Virgin Blue, AirAsia and Skymark higher, Tiger Airways eases

March 29, 2010, 5:10 pm

Asia Pacific LCC shares were mostly higher to start the week, led by Japan’s Skymark Airlines, which surged 8.8%.

Jazeera Airways reports net loss for FY2009; Wataniya takes delivery of fifth A320; Comair slips

March 29, 2010, 12:17 am

Jazeera Airways' (-1.0%) shares declined on Friday (26-Mar-2010) after the carrier reported a net loss of USD28.5 million for the 12 months ended 31-Dec-2009, compared to a net profit of USD15.6 million in the previous corresponding period. The...

Air Canada sees freight demand recovering; United Airlines flight attendants to strike

March 28, 2010, 11:17 pm

North and South American carriers stocks were mixed on Friday (26-Mar-2010), as was the wider market, as investors remain concerned over valuations and sovereign debt issues in Greece, Portugal and Spain. The Dow (+0.1%) eked out a gain, while the...

European ATM integration takes another step

March 28, 2010, 11:03 pm

European authorities and Air Navigation Service Providers (ANSPs) are continuing to progress towards achieving the goal of an integrated European aviation system, and the formation Single European Sky (SES). The latest forward step is between...

Dufry has commenced 2010 positively: Airport Share Wrap

March 28, 2010, 10:15 pm

Shares in Switzerland’s Dufry closed 0.4% higher on the SIX Swiss Stock Exchange on Friday, upon the release of the operator’s financial report for the 12 months ended 31-Dec-2009. During the period, revenue jumped 13% year-on-year to EUR1,652...

Boeing passes critical test for B787, but the "proof will come when deliveries start" - Qatar Air

March 28, 2010, 8:27 pm

Boeing successfully conducted a critical test for the B787 certification programme on the weekend, with the aircraft’s wing pushed to 150% of ultimate load expected in service for approximately three seconds. Boeing stated several weeks of...

El Al’s shares fall as net losses widen

March 28, 2010, 8:21 pm

El Al’s share price fell 4.1% ahead of the release of its 2009 earnings on Sunday. The airline’s net loss for 2009 widened to USD76.3 million from a loss of USD41.9 million in 2008, as revenues slumped 21% to USD1.7 billion. Operating costs fell...

Ryanair and easyJet keep rising, but investors shrug off strikes at full service rivals

March 28, 2010, 8:19 pm

Shares in Ryanair and easyJet rose 3.2% and 1.9% on Friday, continuing their strong stock market performances in recent days as rival full service rivals, including British Airways, Lufthansa, Iberia and others suffer through strike action by...

Beijing Capital – Now the third largest airport in the world. Shanghai and Guangzhou also key hubs

March 28, 2010, 8:15 pm

Beijing Capital International Airport’s passenger numbers exceeded 65 million in the 12 months ended 31-Dec-2009, making it by far the largest airport in China, and the third largest airport in the world, according to ACI. Beijing is on track to...

Qantas mainline growing domestic passengers, Virgin Blue filling more seats

March 28, 2010, 7:25 pm

Qantas’ domestic mainline has regained its leadership as the largest Australian domestic operation from Virgin Blue with a 5% jump in passengers last month to 1.264 million. Virgin Blue handled 1.260 million passengers last month, up 1.6%...

Jazeera planning “biggest ever sale”; Comair signs agreement with Mpumalanga Tourism & Parks Agency

March 26, 2010, 12:21 am

Jazeera Airways (+2.0%) was one of the day’s biggest gainers on Thursday (25-Mar-2010) after Board Director, Marwan Boodai, reportedly announced during trading that the carrier will release its “biggest ever sale” to launch its Summer seasonal...

Delta reaches 52 week high; Chilean President completes sale of LAN stake

March 25, 2010, 11:16 pm

North and South American airline stocks were mixed on Thursday (25-Mar-2010), with investors showing some signs of disappointment with the results of the second stage of US-EU open skies negotiations, despite strong endorsement by sections of the...

Airport financial results suggest the ‘action’ is still Down Under

March 25, 2010, 11:12 pm

MAp Group (formerly Macquarie Airports), Australian Infrastructure Fund (AIX) and New Zealand's Auckland Airport have all recently released financial highlights for the year or six months ending 31-Dec-2009. Collectively, they offer a snapshot of...

Air Berlin losses narrow; Still no final merger agreement between Iberia and British Airways

March 25, 2010, 11:02 pm

European carriers’ shares soared with wider markets on Thursday (25-Mar-2010), as Germany and France reached an agreement on plans to provide support to Greece through eurozone countries and the International Monetary Fund. In key markets, UK’s...

Roll on the B787, LAN Airlines to take early deliveries – Suppliers Share Wrap

March 25, 2010, 10:54 pm

LAN Airlines has brought forward deliveries of the first ten of the 26 B787s it has on order forward from 2014 to 1Q2011.

India aviation outlook: Union General Budget 2010/11

March 25, 2010, 9:31 pm

India’s financial year 2009/10 is drawing to a close - and not a minute too soon for many of the country’s beleaguered airlines. In the shadows of a new year, which brings some hope of an improving earnings environment for the sector, the Indian...

Hochtief rises as it exceeds 2009 targets; Vienna profits down, but more optimistic for 2010

March 25, 2010, 9:19 pm

Shares in German engineering and construction giant (and airport investor) Hochtief led the way up yesterday, jumping 4.8% upon the release of the company’s financial report for the 12 months ended 31-Dec-2009 Chairman of the Hochtief Executive...

Ryanair, Air Berlin and Vueling surge as Europe/IMF rides to Greece’s aid

March 25, 2010, 7:59 pm

European airline shares rose yesterday, led by LCCs Vueling (+5.5%), Ryanair (+4.6%) and Air Berlin (+4.4%), as France and Germany agreed to a draft document on a financial aid package for Greece involving eurozone countries and the International...

China Eastern and Qantas higher, Cathay, ANA and Virgin Blue fall

March 25, 2010, 6:58 pm

All Nippon Airways (ANA) led Asian airline stocks lower yesterday, falling 3%, yesterday as President, Shinichiro Ito, called for the disclosure of information on how Japan Airlines (JAL) will use the public funds it has received as part of its...

Reaction to the US-EU Open Skies expansion: Warm in the US, cool elsewhere

March 25, 2010, 6:54 pm

The US Department of Transportation and US airlines are hailing the open skies agreement reached by the US and European Union to expand Open Skies between the two regions. But the International Air Transport Association (IATA) said it once again...

Asian full service airlines “cautiously optimistic” about 2010 prospects, after a pick up in demand

March 25, 2010, 6:33 pm

Asia Pacific full service airlines have seen a pick-up in passenger travel and air cargo demand in the early stages of 2010, according to the Association of Asia Pacific Airlines (AAPA). The industry body added that the double-digit year-on-year...

Oil and overcapacity, the two risks for 2010?

March 25, 2010, 6:06 pm

IATA’s Managing Director and CEO, Giovanni Bisignani, believes oil and excess-capacity are two of the most pressing challenges for the airline industry in 2010. Airlines are due to take delivery of approximately 1,400 new aircraft this year...

CAPA and SITA publish White Paper on Information Technology in Indian Aviation

March 25, 2010, 12:59 am

Technology has always been an integral part of aviation. This most global of industries which brings together so many stakeholders around the world, is dependent upon information, data and communication. But in recent years, technology's role has...

Air Arabia confirms dividend; Fly540 to expand in Uganda & Entebbe; Comair to open lounge in Durban

March 24, 2010, 11:52 pm

Air Arabia (-1.0%) was down despite confirming during trading that its Board of Directors approved the payment of a cash dividend of 10% of the company's share capital for 2009 at its third Annual General Meeting (AGM). Air Arabia, now into its...

Air Canada to cut costs, generate revenue by over CAD500 million; President sells last of LAN stake

March 24, 2010, 11:50 pm

North and South American airline shares were mixed on Wednesday (24-Mar-2010), as the Dow slipped 0.5%, in response to a weak auction of US treasury notes. Investor concerns regarding a downgrade in Portugal’s sovereign debt by Fitch Ratings also...

Ryanair states Air France suppressing regional airport growth; TNT considering selling mail unit

March 24, 2010, 11:45 pm

European carriers were mainly down on Wednesday (24-Mar-2010) despite a fall in oil prices (-1.6%), to USD80.61. Wider markets were flat, with a Fitch downgrade of Portugal’s sovereign debt being outweighed by gains in the pharmaceutical sector.

easyJet appoints new CEO, in a month filled with executive changes for LCCs

March 24, 2010, 11:37 pm

easyJet has announced the appointment of Carolyn McCall, current CEO of Guardian Media Group (since 2006), as the LCC’s next CEO, continuing on a tradition of appointing CEOs from outside the company with no previous airline management experience.

Pakistan aviation: A review of 2009 and outlook for 2010

March 24, 2010, 11:11 pm

Pakistan’s aviation industry has suffered in recent years due, in large part, to the poor performance of national carrier, Pakistan International Airlines, which continues to be supported by the Pakistani Government. The nation’s aviation...

Air New Zealand: Restructuring the full service model to meet low cost competition

March 24, 2010, 11:10 pm

Air New Zealand, like most network carriers, has been seriously hit by the global financial crisis, which has had a major impact on the carrier’s yields and profitability. Further contributing to the pressures is the increased presence of LCCs in...

BOC Aviation reports USD137 million profit, AerCap and Genesis finalise merger – Suppliers Share Wra

March 24, 2010, 9:52 pm

While airlines suffered USD10.4 billion in estimated losses last year according to IATA, aircraft leasing companies continue to report strong 2009 profits. The latest is BOC Aviation, formerly Singapore Aircraft Leasing Enterprise, which finished...

Tokyo Narita aims to counter competition from Haneda

March 24, 2010, 9:20 pm

Shares in Japan Airport Terminal, operator of terminal facilities at Tokyo Haneda Airport, dipped 1.3% yesterday, as Narita International Airport Corp (NIAC) announced its midterm management plan.

Malaysia Airlines expecting improved operating profit in 2010; Chinese airlines affected by Yuan

March 24, 2010, 7:21 pm

Malaysia Airlines CEO, Tengku Azmil Aziz, stated the carrier expects to post an operating profit in the range of USD30 million to USD90 million for FY2010, marking a turnaround from operating losses in 2009. The carrier is also considering debt...

Growing pains: European airports emerge from the recession

March 24, 2010, 3:32 pm

A year ago, Standard and Poor’s Ratings Services (S&P) anticipated the market would decline in 2009 and that airports would show a diverse degree of resilience. This has proven to be the case. In the next year, improving passenger volumes will...

Middle East LCC wrap: Air Arabia, Jazeera, flydubai, nasair, sama and Bahrain Air

March 24, 2010, 1:09 am

Since the entry of LCCs into the Middle East market just over six years ago, with the launch of Air Arabia in 2003, LCCs regional market share has grown quite strongly, though even bigger gains are likely over the next two years. The market now...

Air Arabia Egypt to reportedly launch operations at end of Apr-2010; 1time reports net profit

March 23, 2010, 11:56 pm

Air Arabia (+1.0%) was the only Middle Eastern airline stock to rise on Tuesday, following news during trading that the LCC reportedly plans to launch commercial operations from its third hub in Alexandria, Egypt the end of Apr-2010. The carrier has...

Growing pains: European airports emerge from the recession

March 23, 2010, 11:44 pm

A year ago, Standard and Poor’s Ratings Services (S&P) anticipated the market would decline in 2009 and that airports would show a diverse degree of resilience. This has proven to be the case. In the next year, improving passenger volumes will...

Delta gains from analyst comments; Southwest objects to Delta and US Airways plans to hand out slots

March 23, 2010, 11:34 pm

North and South American carriers’ shares were up again on Tuesday (23-Mar-2010), as the Dow (+1.0%) reached a 17-month high. The US market rallied following better-than-expected housing sales for Feb-2010, which fell just 0.6%, compared to an...

Aegean Airlines net profit declines; Aer Lingus cabin crew to vote again on cost cutting plans

March 23, 2010, 11:03 pm

The majority of European carriers gained on Tuesday (23-Mar-2010), moving higher with wider markets. Shares were boosted by a rebound in resources stocks, as well as an upbeat outlook from Cairn Energy and improved financial results from Legal &...

Singapore’s Aviation Outlook: A vital Asia Pacific market with key Asia Pacific airlines

March 23, 2010, 9:35 pm

Singapore plays an important role in the Asia Pacific aviation market – it has one of the busiest airports in the region, is one of the region’s key MRO hubs, has one of Asia’s leading network carriers in Singapore Airlines and represents a...

Airbus launches a broadside at Boeing as the WTO decision comes in – Suppliers Share Wrap

March 23, 2010, 9:31 pm

Airbus has launched a stinging attack at Boeing, as the WTO Panel on the EU/US trade dispute handed down its final decision on the case yesterday. While the actual report itself is still confidential (and will be for another few months), the final...

Copenhagen Airport shareholders approve distribution of dividend

March 23, 2010, 9:16 pm

In Europe, shares Denmark's Copenhagen Airport led the way down yesterday, closing 3.5% lower, following the operator's Annual General Meeting on Monday (22-Mar-2010). At the AGM, shareholders approved plans to distribute a dividend of EUR47.6...

Shares in Cebu Pacific parent company soar, ahead of planned IPO

March 23, 2010, 7:46 pm

Shares in JG Summit Holdings surged more than 15% to a two-year high yesterday, as investors acquired shares ahead of the planned IPO of its airline arm, Cebu Pacific. The carrier plans to raise approximately USD260 million from an IPO this year,...

All Nippon Airways' shares tumble after more than doubling annual loss estimate

March 23, 2010, 7:40 pm

Shares in All Nippon Airways (ANA) slumped 6.0% to JPY267 after Japan's second-largest airline more than doubled its annual loss estimate due to a slower-than-expected recovery in travel demand and reduced ticket prices. ANA now expects a group net...

Update: Southwest angry over Delta/US Airways slot deal

March 23, 2010, 4:07 pm

Southwest Airlines is objecting strenuously to the revised slot deal between Delta and US Airways, finely crafted to freeze out Southwest so the Dallas-based airline could not grow its service at the two airports. Southwest is objecting to the deal...

Air Arabia board approves dividend; Royal Jordanian to take delivery of new aircraft

March 22, 2010, 11:49 pm

Air Arabia was flat despite announcing during trading that its Board of Directors approved the payment of a cash dividend of 10% for 2009 at its third Annual General Meeting. The carrier reported a 14.2% year-on-year increase in revenue to USD536.9...

American Airlines expecting improved consolidated revenue in 1Q2010

March 22, 2010, 11:46 pm

The majority of North and South American carriers’ shares were up on Monday (22-Mar-2010), rising with the wider market. The Dow (+0.4%) was up, after the US House of Representatives approved President Obama’s health care bill.

Europe airlines suffer industrial issues: Lufthansa pilots to strike again

March 22, 2010, 11:43 pm

European carriers’ shares were down with wider markets on Monday (22-Mar-2010), which fell for a third consecutive session. In key markets, UK’s FTSE (-0.1%) was down, while Germany’s DAX (+0.1%) and France’s CAC (+0.1%) gained slightly.

JetBlue to maintain HQ in New York City; AirTran Union to take strike authorisation vote

March 22, 2010, 10:28 pm

JetBlue Airways stated it would keep its headquarters in New York City, with plans to combine the current Forest Hills and Darien corporate offices, with nearly 1,000 crewmembers and business partners in total, into one main support centre to be...

Delta and US Airways controls who gets slots in La Guardia, Washington National deal

March 22, 2010, 10:24 pm

Delta and US Airways have been working on a new slot swap proposal, after the US Federal Aviation Administration tentatively approved their initial pact but called for 34 slot pairs to be made available to other carriers, a condition, the two...

USD2.7 billion profit projected for US airlines in 2010 - Herbst

March 22, 2010, 9:56 pm

If crude oil stays at or less than USD85 per barrel this year, current profit estimates are likely to be conservative, according to AirlineFinancials.com founder, Bob Herbst. In fact, Herbst said data indicated that the nine largest carriers in the...

Early retiring Japan Airlines pilots could reshape Japan’s airline industry

March 22, 2010, 9:30 pm

Every setback opens new opportunities. The early retirement of a substantial number of Japan Airlines’ (JAL) pilots this year under the airline’s restructuring plan could change the landscape of the air transport industry in Japan. Japanese...

Beijing Capital International Airport reports surge in profits

March 22, 2010, 9:18 pm

Shares in China’s Beijing Capital International Airport (BCIA) dipped 1.0% yesterday upon the release of the company’s financial and traffic reports for the 12 months ended 31-Dec-2010 and month of Feb-2010.

Boeing and Airbus raising output, will deliveries top 1,000 aircraft?

March 22, 2010, 9:07 pm

Over the past few years, Airbus and Boeing have delivered aircraft at a relentless pace, hardly pausing output despite their problems with various major aircraft programmes and the cumulative impact of the global financial crisis on commercial...

Senate passes FAA Reauthorization bill, next stop Conference Committee

March 22, 2010, 8:00 pm

The US Senate passed its version of the Federal Aviation Administration’s (FAA) Reauthorization legislation on 22-Mar-2010 – The Air Transportation Modernization and Safety Improvement Act – paving the way for, perhaps, faster deployment of...

Korean traffic returns to pre-crisis levels. Air New Zealand yields showing signs of improvement

March 22, 2010, 7:28 pm

Air New Zealand reported smaller yield reductions in Feb-2010, although international yields continued to be battered, down 15.4% in the month. (This was off growth of 21.4% in Feb-2009 - the peak of the cycle for Air NZ - thanks to exchange rates...

China's airline growth indicates global power shift; time for a US policy rethink?

March 22, 2010, 12:26 am

Until late last century there was a near-assumption of US leadership in many areas, political, technical, commercial and, notably, in aviation. This status is now being revised, and rapidly. The fact is that the US no longer leads in so many areas,...

Wataniya reports widening losses for FY2009; Comair’s Kulula ordered to remove advert

March 22, 2010, 12:11 am

Kuwait National Airways (-3.7%) declined after Wataniya Airways reported a widened loss of USD37.8 million in 2009, compared to a loss of USD5.4 million in 2008. Shareholders equity fell from USD219 million in 2008 to USD182.3 million in 2009.

American Airlines to be fined over USD1 million by FAA; Continental outlines 2010 fleet plan

March 21, 2010, 11:42 pm

North and South American carriers’ shares declined with falls in the wider market on Friday (19-Mar-2010), despite a large drop in oil prices (-1.9%), to USD80.68. The Dow (-0.4%) was down after investors decided to take a break after pushing the...

Ryanair operations at French regional airports threatened by Air France legal offensive

March 21, 2010, 11:10 pm

The perennial issue of protectionism v. liberalism in air transport has again come under the spotlight in recent months. This month (Mar-2010) the Canadian government is locked in battle with Emirates and Etihad over market access, which the...

Will the British Airways strike light a ring of fire, as flight attendants of the world unite?

March 19, 2010, 1:01 am

As the UNITE-led strike deadline of British Airways flight attendants approaches, forces are lining up around the world to show solidarity. Many of the statements are typical of similar events in the past. But on this occasion it has a different...

United Airlines, Alaska Airlines regional airline programmes are the only ones in black

March 18, 2010, 11:11 pm

United and Alaska are the only two legacies with regional affiliate programs that actually make money, according to analysis by AirlineFinancials.com. USAirways has the narrowest losses at USD75 million with Delta and American topping the list on...

US airline pilots flex muscles: Aer Lingus-United JV; Continental and pattern bargaining

March 18, 2010, 11:10 pm

Airline pilots are flexing their muscles at United while Continental posed a cut-to-the-chase offer to its pilots at the same time reaching a tentative agreement with dispatchers.

Turkish Airlines to be one of world’s leading carriers; Aeroflot rallies

March 18, 2010, 10:25 pm

European airline shares gained on Thursday (18-Mar-2010), as oil prices (-0.9%) fell, to USD82.20. The gains came despite a fall in wider markets, as markets start to become exhausted, according to UniCredit head of global equity strategy, Gerhard...

Royal Jordanian Airlines and Air Arabia expanding fleets; Kenya Airways slumps

March 18, 2010, 10:20 pm

Royal Jordanian Airlines (+2.9%) was one of the few carriers to gain on Thursday (18-Mar-2010). President and CEO, Hussein Dabbas, stated during trading the carrier is scheduled to receive its first group of B787s in Oct-2013. The carrier ordered 11...

Aircraft delays giving headaches to airlines – Suppliers Share Wrap

March 18, 2010, 10:15 pm

Unpredictable economies and delays to new aircraft programmes have turned fleet management into an art rather than a science according to IATA, and caused major headaches for airlines.

A trend back to hedging? - Friday fuel watch

March 18, 2010, 10:14 pm

The continued volatility in week to week pricing has ensured that many carriers are taking cautious approached to fuel hedging, but there are signs that renewed strong hedging positions may be taken as oil climbs back over USD80 per barrel, and now...

FedEx reports 146% improvement in net profit; LAN looking to Peru for shareholders

March 18, 2010, 10:05 pm

North and South American airline shares were mixed on Thursday (18-Mar-2010), with the AMEX Airline Index (-0.2%) slipping, despite a drop in oil prices (-0.9%), to USD82.20 and another wider market rally. The Dow (+0.4%) rose for an eighth...

Air Berlin’s net loss narrows in 2009; Reduces B787 orders as part of efforts to gain higher earning

March 18, 2010, 10:05 pm

Air Berlin narrowed its net loss to EUR9.5 million in 2009, a considerable improvement from a EUR83.5 million net loss in 2008, as it reduced operating expenses by 6.2% (as a result of the carrier’s efficiency programme), exceeding the 4.4%...

MAp up in early trade following “particularly pleasing” Feb-2010 traffic report

March 18, 2010, 8:33 pm

Shares in MAp slipped 0.7% yesterday, ahead of the release of the airport operator’s traffic report for Feb-2010. Both Sydney and Copenhagen airports posted double-digit growth in the month, with Brussels also up and ASUR the only investment...

China Southern introduces domestic premium-economy seats; AirAsia sees “strong” 1Q2010 earnings

March 18, 2010, 7:45 pm

Chinese airlines’ shares rose on Thursday, on expectations of a stronger Yuan, which would help reduce the cost of aviation fuel and aircraft purchases. China Southern and China Eastern led the way, with gains of 5.3% and 5.6%, respectively, while...

Wataniya Airways looking forward to privatisation of Kuwait Airways; Comair gains

March 18, 2010, 12:26 am

Kuwait National Airways (-1.8%) was down after Wataniya Airways Chairman and Managing Director, Abdulsalam Al-Bahar, stated the airline is looking forward to the privatisation of Kuwait Airways Corporation, stating it is currently difficult to...

Ancillaries, passenger rights, safety, Next Gen under review in Senate reauthorization

March 18, 2010, 12:18 am

Washington is lustily eyeing airline ancillary revenues with the House and Senate addressing it in different ways. The Senate is taking a consumer affairs approach in its Federal Aviation Administration reauthorization bills which may actually be...

Increase in foreign ownership levels being considered in fast-growing Brazilian market: share wrap

March 18, 2010, 12:09 am

Brazil’s Ministry of Defence, in a Bill sent to Congress, proposed to raise the foreign ownership cap applying to airline ownership, potentially enabling international parties to acquire up to a 49% stake in Brazilian airlines (up from the current...

United Airlines revises guidance for double digit jump in PRASM; Continental Airlines down

March 17, 2010, 11:31 pm

North and South American carriers’ shares were mostly down on Wednesday (17-Mar-2010), despite the Dow (+0.5%) reaching a 17-month intra-day high during trading. The rise came after the US Labor Department reported a seasonally adjusted 0.6%...

Cimber Sterling reports net loss for 3Q2009-10; Air France flight attendants planning strike

March 17, 2010, 11:06 pm

European carriers’ shares were mixed on Wednesday (17-Mar-2010), despite European markets reaching a 17-month closing high. Shares gained after the US Federal Reserve stated the day prior that it would keep interest rates near zero for the...

Is there hope for premium traffic after all? IATA says decline may just have been “cyclical”

March 17, 2010, 10:37 pm

A strong resurgence in world trade has seen a direct correlation with the return of premium travel, according to IATA. This leads to a conclusion that the decline in premium traffic last year may not have been as terminal as many feared. Indeed,...

Airports of Thailand’s six airports each report +20% improvement in passenger traffic in Feb-2010

March 17, 2010, 8:57 pm

Shares in Airports of Thailand (AoT) gained 2.0% yesterday, with the release of the airport operator’s traffic report for Feb-2010. Passenger numbers rose 25.6% year-on-year, with all six AoT airports reporting an increase in passenger numbers...

IATA seeing improved premium demand in Asia; Thai Airways shares gain on upbeat 1Q2010 outlook

March 17, 2010, 7:12 pm

IATA, in its Premium Traffic Monitor for Jan-2010, stated that premium (and economy) traffic continued to show “very strong growth” within Far East/Asian markets, reflecting the strong economic upturn being experienced in this region, driven by...

1time Holdings expecting headline earnings per shares of ZAR0.36-0.40 for FY2009; Comair down

March 17, 2010, 1:11 am

1time (+13.3%) shares soared after it stated it expects to report headline earnings per share of ZAR0.36-0.40 for the 12 months ended 31-Dec-2009, after reporting a loss in 2008.

JetBlue slips on disappointing Feb-2009 traffic; Continental slips, WestJet slumps

March 17, 2010, 1:09 am

The majority of North and South American carriers witnessed a decline in stocks on Tuesday (16-Mar-2010), as oil prices (+2.4%) rebounded, to USD81.70. The fall was despite gains in the wider market, with the Dow (+0.4%) up as the US Federal Reserve...

Southwest and United Airlines report impressive PRASM performance. JetBlue improving

March 17, 2010, 12:17 am

Southwest, the star performer in improving its unit revenues in recent months, continued to trump JetBlue, Continental Airlines and US Airways in this metric in Feb-2010, and was joined by United Airlines in reporting double-digit PRASM growth in...

British Airways shares on the rise, Air Berlin reduces B787 order

March 16, 2010, 11:45 pm

The majority of European carriers' shares were up on Tuesday (16-Mar-2010), moving with wider markets, after EU ministers agreed to a plan to help Greece financially, if required.

Durfy a loss to WestJet at a vital time; 'New World Carriers' moving to the next level

March 16, 2010, 11:02 pm

Sean Durfy’s imminent departure from WestJet, where, as President and CEO, he led it through a complex period of evolution, will be a considerable loss – as investors clearly thought, this week driving the company’s share price down steeply...

AoT continues to operate amid protests, assured Bangkok is safe: Airport Share Wrap

March 16, 2010, 10:12 pm

Airports of Thailand (AoT) shares gained 2.7% yesterday, with assurance from the Tourism Authority of Thailand (TAT) and PATA that the protests in Bangkok have not caused major disruption in the city and Bangkok remains a safe destination for both...

Goodrich sees MRO recovery in 2H2010, Safran in agreement. AAR Corp and Air Partner report results

March 16, 2010, 10:04 pm

As air travel recovers, the outlook for the MRO industry is also improving, although not quite at the pace some observers forecast towards the end of 2009. Goodrich Corp CFO, Scott Kuechle, commented this week that a recovery in MRO activity is due...

FAA Reauthorization Bill finally on Senate agenda: safety, pax rights, NextGen hopes at stake

March 16, 2010, 9:55 pm

The US Senate has finally turned its attention to the USD35 billion Federal Aviation Administration Reauthorization legislation that has lain fallow for so long – since the expiration of the last Reauthorization legislation in 2007. Planning of...

US airline tarmac delay rule postponed

March 16, 2010, 8:02 pm

The Department of Transportation has delayed until 14-Jun-2010, the requirement that carriers post flight-delay information on their websites. The new date delays implementation for 45 days beyond the original 29-Apr-2010 date. Comments are due by...

China Eastern advances on strong traffic

March 16, 2010, 6:56 pm

China Eastern Airlines’ shares rose 1.9% yesterday as the carrier revealed a 14.7% jump in Feb-2010 passenger numbers.

Who will get ILFC’s aircraft?

March 16, 2010, 12:37 am

Several interested parties are lining up to purchase a portfolio of USD3.5 billion in aircraft from ILFC, as parent company, American Insurance Group (AIC), sells off part of the leasing unit’s USD44 billion, 1,080 aircraft fleet. The sale is...

Air Arabia selects SITA to provide air-ground communications; Lonrho to join FTSE AIM UK 50 Index

March 15, 2010, 10:52 pm

Air Arabia (-1.0%) selected SITA to provide air-ground communications, including data link services for the airline’s expanding operations.

Aer Lingus states it will not agree to cabin crew demands; SAS up again; Ryanair and easyJet down

March 15, 2010, 10:50 pm

European carriers shares fell with wider markets on Tuesday (15-Mar-2010), despite a fall in oil prices (-1.8%), to USD79.80. Wider markets were down, continuing to suffer from the possibility of China tightening its monetary policy.

Continental opts for charging for in-flight meals, WestJet CEO stepping down, Rupublic lower

March 15, 2010, 10:47 pm

The wider market pushed North and South American carriers’ shares lower on Monday (15-Mar-2010). The drop came despite a decline in oil prices (-1.8%) to back below USD80 per barrel (to USD79.80).

Canada, Australia, Emirates & Etihad: Case study of protectionism vs liberalism. Who’s got it right?

March 15, 2010, 10:00 pm

Last week the United Arab Emirates upped the ante in a battle over market access to Canada for its national airlines, Emirates and Etihad. By introducing the issue of Canada’s military bases into the aviation bilateral argument, the UAE hardly...

Raleigh-Durham, San Jose and Portland airports: Colourful pasts and hope for the future

March 15, 2010, 9:31 pm

Pittsburgh, Cincinnati and St Louis airports were developed and then partly abandoned. In this review, we look at three smaller cities that had hopes raised and then dashed; but to quite different outcomes, and each with some hope for the future....

European LCCs gain passengers, while network carriers lose passengers, in 2009

March 15, 2010, 9:10 pm

The European Low Fare Airline Association (EFLAA) stated its 11 members (Blue Air, bmibaby, easyJet, Flybe, Jet2.com, Norwegian, Ryanair, SverigeFlyg, transaviation.com, Vueling and Wizz Air) carried 162.5 million passengers in 2009, an 8.7%...

KLIA’s ‘Next Generation Hub’ steps up a gear as MAHB reports net profit and EBITDA up by 24% in 2009

March 15, 2010, 9:02 pm

Malaysia Airports Holdings Berhad (MAHB) has released financial highlights for the 12 months ended 31-Dec-2009. A full house of positive results emphasises the extent of the turnaround. MAHB has succeeded in its stated aim of enhancing...

US regional airline outlook: To morph into new models?

March 15, 2010, 8:59 pm

The relationship between regional airlines and the majors is constantly evolving. In the future, we may see regionals morphing into a kind of hybrid business model similar to what is currently happening with Republic Airways Holdings, according to...

GOL stock downgraded, but anticipates yield improvements in 2010; Spirit Airlines to grow in 2010

March 15, 2010, 8:47 pm

Shares in GOL declined 1.1% yesterday, as Raymond James cut the stock from ‘market performance’ to ‘underperform’. Yesterday’s share price reduction also reflects an overall weakness in Brazilian stocks (down 0.25%) on Monday, as concerns...

China’s Xiamen Airport to launch LCCT: shares remain weak

March 15, 2010, 8:42 pm

China’s Xiamen International Airport Co CEO, Wang Xiaolin, recently announced plans to launch a low cost carrier terminal (LCCT) at Xiamen Gaoqi International Airport.

Chinese aviation profits surge in Feb-2010 on the back of Chinese New Year traffic resurgence

March 15, 2010, 7:25 pm

CAAC reported a 523% surge in industry profits in Feb-2010, to CNY2.1 billion (USD303.1 million), due to significant increases in passenger and cargo traffic attributed to the Chinese New Year Holiday period. Airline profits surged 1.458% to USD253...

USD140 billion allocated to Indonesian transport infrastructure

March 14, 2010, 11:57 pm

Indonesia’s new Transport Minister recently referred to Jakarta’s Soekarno-Hatta Airport Terminal 1 as ‘a mess’, demanding to know why a country that is not poor or lacking in education seems unable to operate public transport facilities...

Comair and Kenya Airways rally; Air Arabia also up; Lonrho down

March 14, 2010, 11:56 pm

Comair (+12.2%) was the day’s biggest gainer, as the South African FTSE/JSE Africa All Share Index rose 1.3%. 1time Holdings was flat.

United and Delta bonds trading at or above par; LAN and TAM report improvements in load factor

March 14, 2010, 11:38 pm

A slight majority of North and South American carriers’ stocks rose on Friday (12-Mar-2010), as a gain in oil prices (+1.1%), to USD81.24, unsettled investors. The Dow (+0.1%) rose marginally on news retail sales unexpectedly rose 0.3% in...

SAS reaches agreement with unions while British Airways cabin crew announce strike dates

March 14, 2010, 11:32 pm

The majority of European carriers’ shares rose on Friday (15-Mar-2010) on gains in wider markets and positive news from Nordic carriers SAS (+5.6%) and Finnair (+2.6%). European markets gained on news industrial production in the eurozone rose...

Embraer: Analysts expect lower 4Q2009 net income – Suppliers Share Wrap

March 14, 2010, 10:20 pm

Brazil’s Embraer is expected to report a 7.1% fall in net income in 4Q2009, based on a Reuters survey of five analysts.

Norwegian/Finnair in codeshare talks to put pressure on SAS; Anadolujet sees rapid expansion ahead

March 14, 2010, 10:19 pm

Shares in Norwegian Air Shuttle slipped 2.0% yesterday (but have advanced 26% so far in 2010), as Finnair CEO, Mika Vehvilaeinen, stated the carrier is seeking a codeshare agreement with Norwegian Air Shuttle, as part of efforts to increase...

Guangzhou Airport revenues and net profit strong

March 14, 2010, 10:16 pm

Shares in China’s Guangzhou Baiyun International Airport closed 1.9% lower on Friday ahead of the release of its financial and traffic report for 12 months ended 31-Dec-2009 on Saturday.

Asiana Airlines and Thai Airways lower on dilution concerns, Air China soars as war chest grows

March 14, 2010, 6:37 pm

Asiana Airlines shares slumped 12.5% on Friday to their lowest level in over a month on concerns about a capital write-down of Asiana Airlines, in return for a fresh injection of funds. Its shares fell as much as 14.7% in intra-day trade.

Kenya Airways and Jazeera Airways lead the rally; but Comair slips

March 12, 2010, 1:02 am

The majority of African and Middle East carriers’ shares gained on Thursday (11-Mar-2010), with Comair (-0.4%) the only carrier to slip, taking an edge of its gains the day prior.

European LCCs now carry a third of all pax. Can full service airlines confine damage to short-haul?

March 12, 2010, 12:58 am

As European LCCs such as Air Berlin, Ryanair, easyJet, Vueling and Wizzair expanded their capacity and traffic in 2009, their full service competitors have been in contraction mode, as they sought to reduce losses.The members of the Association of...

Will US mainline pilots cede more ground to regional airlines?

March 12, 2010, 12:39 am

With so many labour contracts in play, one of the main objectives for US mainline carriers will be further scope clause relief, as suggested by Continental, which is at such a competitive disadvantage in being unable to operate any regional jet...

GOL reports net profit for FY2009; Southwest and American lead passenger numbers for 2009

March 12, 2010, 12:33 am

North and South American shares were mixed on Friday (11-Mar-2010), despite IATA cutting its industry losses forecast for 2010 and the wider US market rallying for a third consecutive day.

Indonesian aviation enters an exciting new chapter: Outlook 2010

March 12, 2010, 12:30 am

Indonesia is a high-potential aviation market, with a strong natural requirement for air services and a large population with rising incomes to support the industry. The rationalisation of domestic capacity over the past two years has helped restore...

Indonesian aviation enters an exciting new chapter: Outlook 2010

March 12, 2010, 12:29 am

Indonesia is a high-potential aviation market, with a strong natural requirement for air services and a large population with rising incomes to support the industry. The rationalisation of domestic capacity over the past two years has helped restore...

SpiceJet shares gain on foreign stake sale news

March 11, 2010, 11:48 pm

SpiceJet’s shares gained 3.5% on reports in the local media that WR Ross & Sons, Goldman Sachs and Dubai’s Istithmar may increase their stake in the carrier to 40.27%, through the conversion of foreign currency convertible bonds and warrants to...

Aircastle gains strongly with good full-year result, EADS continues slide – Suppliers Share Wrap

March 11, 2010, 11:45 pm

Aircastle has continued a solid series of profit reports for aircraft leasing companies, declaring a net profit of USD23 million in 4Q2009 and a full year result of USD104.8 million. While the result is a decrease of 30% on the USD150.1 million...

Lufthansa reports net loss for FY2009; Vueling load factor not as strong as expected

March 11, 2010, 11:40 pm

European carrier shares fell with the wider market on Thursday (11-Mar-2010), on concerns China will increase interest rates after a rise in inflation in the country. Investors were also disappointed with economic data from the US, which pushed down...

TAV Airports Holding Company reports highest ever net profit

March 11, 2010, 9:49 pm

Shares in Turkey’s TAV Airports Holding Company closed 0.9% higher yesterday, upon the release of the company’s financial report for the 12 months ended 31-Dec-2009. The airport operator reported a record high net profit for the year of EUR51.5...

IATA cuts airline industry 2010 loss forecast by half. Structural shift in premium yields?

March 11, 2010, 7:58 pm

The International Air Transport Association (IATA) has halved its airline industry loss forecast for 2010 to USD2.8 billion (compared to the USD5.6 billion loss forecast in Dec-2009) and lowered its 2009 loss estimate from a previously forecast...

Malaysia Airlines and Thai Airways fall, EVA Air gains

March 11, 2010, 7:43 pm

Thai Airways’ shares eased 1.6% yesterday as the social and political atmosphere heats up again in Bangkok.

IATA: Oil is the wild card - Fuel Watch

March 11, 2010, 7:07 pm

IATA Director General and CEO, Giovanni Bisignanni, labelled oil prices as the “wild-card” for airlines this year, even as it has halved its forecast for industry losses in 2010 from USD5.6 billion to USD2.8 billion.

Airlines making do with current fleets: American, United, Southwest updates

March 11, 2010, 6:24 pm

US airlines are largely making do with their current fleets, with capital expenditure mostly going into upgrading the passenger experience or the efficiency of the aircraft. That much was clear from executive comments at this week's JP Morgan...

British Airways, American and friends offer EU to lease Heathrow slots

March 11, 2010, 2:00 am

“The Commission believes at this stage that the commitments address its competition concerns…If the market test confirms that the proposed commitments remedy the competition concerns, the Commission may adopt a decision...making the commitments...

Comair planning to issue up to 69 million new shares

March 10, 2010, 11:49 pm

Comair (-10.5%) shares suffered their biggest daily drop in two months, after the carrier reportedly stated it plans to issue up to 69 million new shares at ZAR1.80 each, as part of plans to raise ZAR124.5 million to fund Boeing aircraft orders.

FAA to US airlines: Forecast is for more lip service

March 10, 2010, 11:47 pm

While FAA Administrator Randy Babbitt and Department of Transportation Secretary Ray LaHood were upbeat on the prospects for achieving the NextGen air traffic management system, it all sounds entirely too familiar, since the industry has heard this...

Delta Air Lines gains on analyst’s revised loss estimates; Continental and United upgraded

March 10, 2010, 11:36 pm

North and South America shares soared again on Wednesday (10-Mar-2010), with a number of carriers reaching 52-week highs. UBS raised its price target for a number of carriers.

British Airways and Iberia offer to lease slot pairs with American Airlines. Cimber Sterling down

March 10, 2010, 11:33 pm

European carriers’ shares were mixed on Wednesday (10-Mar-2010), as oil prices (+0.7%) rallied again, reaching USD82.09 at the end of trading. Wider markets meanwhile gained on positive economic data from the US, while banking and mining sectors...

Boeing up, Airbus down. HAECO profit slides 40% in 2009 – Suppliers Share Wrap

March 10, 2010, 11:22 pm

Boeing's shares were up 3.3% yesterday, as the withdrawal of EADS/Northrop Grumman from the US Air Force aerial tanker programme leaves it as the sole bidder. EADS shares fell 1.0% yesterday, despite its Airbus unit confirming an order for 25 A350...

Qantas, Cathay Pacific, Singapore Airlines, Tiger Airways & Virgin Blue rise, China Southern soars

March 10, 2010, 7:58 pm

Cathay Pacific’s shares gained 4.7% to HK15.20 yesterday, its highest close since Jul-2008, after the carrier reported its best half-year result in two years and a return to profitability for 2009.

Qantas yields heading in the right direction, but still weaker than 2008. Tiger traffic zooms

March 10, 2010, 7:57 pm

Qantas Group’s traffic results for Jan-2010 revealed signs that yields are starting to improve after a very difficult 2009. Over the past two months, Qantas international yields have showed continued improvement, with monthly yields moving from a...

Cathay Pacific cautious on 2010 outlook, but in the midst of a solid turnaround

March 10, 2010, 7:46 pm

Cathay Pacific staged a very solid turnaround in 2H2009 (six months to 31-Dec-2009), comfortably exceeding the market’s profit expectations, helped by better yields and capacity restraint. But the Hong Kong-based carrier remains “cautious”...

BAA airports show “encouraging signs”, Ferrovial up: Airports Share Wrap

March 10, 2010, 7:34 pm

Shares in Spain’s Ferrovial, owner of UK airports operator BAA, gained 1.2% yesterday, upon the release of its traffic report for UK airports. BAA CEO, Colin Matthews, stated that London Heathrow Airport remains “resilient”, while other...

Kenya Airways climbs with market; Kuwait National Airways flat, Lonrho down

March 10, 2010, 12:36 am

Kuwait National Airways was flat. Subsidiary, Wataniya Airways confirmed plans over the weekend to introduce three A320 aircraft to its current fleet of four A320s this year. Each aircraft will be configured with 122 seats, compared with the 145...

US airline outlook: Recoupling with GDP; Labor; Strikes; Pricing; Alliances; Haneda

March 10, 2010, 12:31 am

There were plenty of nuggets at yesterday's JP Morgan Aviation, Transportation and Defense conference on the outlook for the US airline industry, with some revealing commentary on the economic recovery and pricing environment, labor and strike...

Tarmac rule influenced cancellation decision for US airlines, revenue loss now at USD176 mln

March 10, 2010, 12:12 am

The first acknowledgment that the new US Department of Transportation tarmac rule forced the cancellation of flights during February’s back-to-back 'snowpacalypses' came from Continental CEO Jeff Smizek yesterday when he let go a passionate...

United Airlines “outpacing the industry”; American Airlines expecting 1Q2010 unit revenue to rise

March 9, 2010, 11:55 pm

North and South American shares soared on Tuesday (09-Mar-2010) after a number of US carriers stated things are looking up financially for 2010. Only two carriers, Allegiant (-4.3%) and Republic Airways (-2.6%) were down at the end of trading.

US airlines taking wait-and-see stance on mergers and consolidation

March 9, 2010, 11:52 pm

Yesterday’s JP Morgan Aviation, Transportation and Defense conference carried little news about airline merger and consolidation (M&A) activity, as carriers paraded their new dedication to capacity discipline, the strength of their balance sheets...

Aer Lingus to go ahead with cost cutting plan; Lufthansa passenger numbers; Finnair down

March 9, 2010, 11:43 pm

European airline shares were mostly down on Tuesday (09-Mar-2010), despite a slip in oil prices (-0.5%), to USD81.49. Wider markets ended trading flat. City Index head of equities, Giles Watts, told AFP the markets were lower as investors “moved...

Kuala Lumpur International Airport records strong month in Jan-2010: Airport Share Wrap

March 9, 2010, 9:13 pm

In Southeast Asia yesterday, shares in Malaysia Airports Holding Berhad (MAHB) dipped 2.6%, upon the release of the airport operator’s traffic report for Jan-2010. Passenger numbers at Kuala Lumpur International Airport rose 19.7% year-on-year in...

JetBlue and Southwest advance on slower growth plans. AirTran soars

March 9, 2010, 6:31 pm

Shares in JetBlue and Southwest Airlines rose 2.7% and 1% yesterday, respectively, as both airlines outlined plans to slow their future growth rates.

China Southern Airlines' shares soar on big capital injection

March 9, 2010, 5:58 pm

China Southern Airlines’ shares soared 7.1% in Hong Kong to their highest level since Jun-2008 (as trading resumed after a two-week suspension), following the carrier's announcement of a much bigger than expected capital raising plan – supported...

Comair again planning to acquire existing Durban International Airport; Kuwait National Airways down

March 9, 2010, 12:03 am

Comair (-1.4%) reportedly plans to submit another proposal to acquire the existing Durban International Airport site, following the opening of King Shaka International Airport, which is expected to be completed by the end of Apr-2010. The carrier...

AirTran outlook - and updates on the Milwaukee battleground

March 8, 2010, 11:55 pm

AirTran’s presentation at the Raymond James 31st Annual Institutional Investor Conference placed two things at the forefront of investors' minds – the Milwaukee end game and international expansion. With Milwaukee (MKE) in play between three...

Allegiant's Hawaii move a good one, but not until next year

March 8, 2010, 10:49 pm

While it remains to be seen from which US domestic points Allegiant will serve the Hawaii market, the LCC assured investors yesterday that, rather than being an anomaly to its normal modus operandi, the Hawaii service fits perfectly into the...

Allegiant focusing on ancillary revenue development; AirTran seeing “improving” yield trends

March 8, 2010, 10:45 pm

Jesup & Lamont maintained its ‘Hold’ rating on Allegiant Travel Company’s shares, “primarily because of a relatively difficult first quarter comparison”.

United Airlines estimates consolidated PRASM of 17-19%; AirTran loses USD5-6 million in Feb-2010

March 8, 2010, 10:37 pm

North and South America carriers’ shares tumbled on Monday (08-Feb-2010), as oil prices rose again, up 0.5%, to USD 81.87. The Dow (-0.1%) slipped as investors continued to assess the strength of the US economic recovery, following better than...

Air France KLM pax down, load factor up; Iberia clarifies LCC plans, Vueling shares up

March 8, 2010, 10:27 pm

European carriers’ shares moved lower with the wider market on Monday (08-Mar-2010), also pushed down by another 0.5% gain in oil prices, to USD81.87. In key markets, UK’s FTSE (+0.1%) and Germany’s DAX (+0.1%) gained slightly, while...

Weather costs keep on mounting for US airlines

March 8, 2010, 9:59 pm

In releasing its February traffic statistics yesterday, United Airlines stated its weather-related cancellations last month reduced revenue by about USD40 million, from 1,740 cancelled flights. However, the benefit to PRASM was approximately 1.5...

Is there room for the little Fokker? – Suppliers Share Wrap

March 8, 2010, 8:51 pm

Another aircraft potentially looks set to join the increasingly crowded 70-110 seat market, this time with an update to the venerable Fokker 100. The Dutch Government recently confirmed that it plans to grant up to EUR20 million to NG Aircraft, to...

Capacity did not decline much for US airline industry in recession

March 8, 2010, 8:11 pm

The shift of US domestic capacity to low-cost carriers (LCC) has been happening for years, but new analysis reveals that despite all the talk about capacity discipline and dramatic capacity cuts, in reality only about a billion available seat miles...

Passenger traffic growth at Xiamen and Shanghai leads the way: Airport Share Wrap

March 8, 2010, 8:00 pm

Shares in China’s Xiamen Airport led the way up yesterday, with a strong 5.5% gain. The airport had the second largest increase in passenger numbers in Jan-2010 of the CAAC East China Regional Administration’s member airports.

China Southern funds injection, Cebu Pacific IPO and Jet Airways placement: Updates

March 8, 2010, 7:15 pm

Shares in China Southern Airlines will resume trading today (09-Mar-2010) following the announcement that the carrier plans to raise USD1.57 billion in funds through the non-public issuance of A Shares and H Shares, as part of efforts to reduce the...

China to purchase 218 aircraft in 2010; passenger levels to soar to 1.5 billion by 2030

March 8, 2010, 7:14 pm

CAAC Director General, Li Jiaxiang, stated that China plans to purchase 218 aircraft (regional and widebody aircraft) in 2010 to meet increased demand for air travel, according to Xinhua, China’s official press agency. CAAC is forecasting a 12%...

Royal Jordanian launches co-branded visa card; Jazeera Airways and Kenya Airways down

March 7, 2010, 11:30 pm

Royal Jordanian (+0.5%) and Arab Bank have launched a co-branded visa card in Bahrain, enabling cardholders to earn and redeem points against purchases against free tickets and upgrades to Crown (new First/Business) class, under RJ's Royal Plus...

Hawaiian Airlines gains despite disappointing traffic results; US Airways in an Uptrend; Copa rises

March 7, 2010, 11:15 pm

North and South American carriers rose with the wider market on Friday (05-Mar-2010), with the Dow (+1.2%) rising on news US job losses were smaller than expected in Feb-2010, withthe unemployment rate remaining at 9.7%. Furthermore, job losses...

Cimber Sterling and Norwegian report improved passenger numbers, but reduced yields

March 7, 2010, 10:48 pm

European carriers’ shares were led higher on Friday (05-Mar-2010) by Nordic airlines reporting traffic results for Feb-2010, despite a rise in oil prices (+0.4%), to USD81.18. Wider markets also pushed airline shares higher, with markets up on...

A400M drags EADS to loss, Airbus reports no new orders in Feb-2010 – Suppliers Share Wrap

March 7, 2010, 10:39 pm

EADS finally has a deal which will salvage its EUR20 billion A400M programme, at the cost of an EBIT and net loss in 2009.

Autogrill sees revenue growth downgrades FY2010 forecast from “hurricane/storm” to “blustery/breeze"

March 7, 2010, 10:32 pm

Shares in Italy’s Autogrill regained 1.3% on Friday, following the release of the company’s financial report for 2009, which sent its shares 2.8% lower on Thursday. CEO, Gianmario Tondato Da Ruos, forecasts two scenarios for the company in...

Southwest reports double-digit RASM growth; Fitch raises JetBlue’s outlook: LCC share wrap

March 7, 2010, 10:31 pm

Southwest Airlines shares gained 0.6% on Friday, upon the release of the carrier’s Feb-2010 traffic results.

Tiger Airways soars, Virgin Blue slides. MAp cap closing in on Qantas. Asiana surges

March 7, 2010, 6:56 pm

Tiger Airways’ shares soared 6.8% on Friday in Singapore, Qantas gained 1.5%, while Virgin Blue’s shares closed 3.5% lower in Sydney, as investors digest the implications of recent executive changes and market share maneuvers.

Fly540 Africa and Fly540 Zimbabwe to sign franchise agreement; Kuwait Airways privatisation progress

March 4, 2010, 11:42 pm

Lonrho (-4.0%) was down after a strong rise the day prior. Subsidiary, Fly540 Africa reportedly plans to sign a franchise agreement with Fly540 Zimbabwe by the end of this month, moving the Zimbabwean carrier closer to receiving an Air Operator’s...

Air Canada frequent flyer programme reports net profits; Delta and Republic down on traffic results

March 4, 2010, 11:06 pm

North and South American carriers’ stocks fell on Thursday (04-Mar-2010) on weak traffic results from Republic Airways (-2.6%) and Delta Air Lines (-1.2%). The fall came despite a 0.8% decline in oil prices, to USD80.21.

Cimber Sterling and SAS climb; Lufthansa and Aeroflot slip

March 4, 2010, 11:02 pm

European airline shares were mostly up on Thursday (04-Mar-2010), as the recent rally in oil prices (-0.8%) came to an end, ending the day at USD80.21. European markets were meanwhile down on mixed data from the US, despite the European Central Bank...

Shenzhen reports strong net profit increase, Autogrill profits fall

March 4, 2010, 9:40 pm

China’s Shenzhen Airport reported a strong net profit increase for 2009, +134.9% to USD84.2 million, on a 9.7% year-on-year increase in operating revenue to USD234.4 million. During 2009, passenger numbers rose 14.4% year-on-year to 24.5 million,...

easyJet and Ryanair report load factor reductions in Feb-2010, but passenger numbers continue to ris

March 4, 2010, 8:48 pm

easyJet reported a 12.3% increase in passenger numbers in Feb-2010, to 1.4 million, although load factors slipped 1.7 ppts to 85.3%. In the 12 months to Feb-2010, the carrier handled 46.8 million passengers (+5.2%) with an average load factor of...

Babcock & Brown Air reports very good 2009, Boeing climbs on upgrade – Suppliers Share Wrap

March 4, 2010, 8:46 pm

Babcock & Brown Air finished 2009 with a “very strong” fourth quarter to report a full year net profit of USD89.1 million, an increase of 85% over 2008’s results.

Meeting in St Louis is a bit more difficult. Another former US airport hub

March 4, 2010, 8:37 pm

Continuing our look at former hubs in the US, we move to St Louis (STL). While the end result, loss of hub status, was the same outcome seen in Pittsburgh (PIT) and Cincinnati (CVG), the circumstances and trajectory were quite different — as is...

Air China interested in mergers; Boeing and Airbus see the importance of the Indian aviation market

March 4, 2010, 7:30 pm

Air China Chairman, Kong Dong, stated the carrier is interested in mergers and acquisitions in both the domestic and international market, with the carrier confirming its intention to acquire Shenzhen Airlines - China's fifth largest carrier - as...

BAA, AdP, Schiphol Group & Fraport financial results and airport charges scrutinised

March 4, 2010, 6:46 pm

Four of the major European airport operators released their 2009 results at the end of February or beginning of March – BAA, Fraport, AdP and Schiphol Group. Amid all the intrigue over enforced airport sales (at BAA), the other talking point right...

A new phase for oil prices? USD80 per barrel back again

March 4, 2010, 6:44 pm

As the US economy continues to recover, oil prices are slowly pushing higher. Better US employment figures, combined with a lower US dollar has seen oil prices increase again this week, but there is still uncertainty lingering over the pace of an...

Outlook 2010 for second tier Middle East airlines

March 4, 2010, 2:00 am

Aviation headlines in the Middle East tend to be dominated by the ambitious sixth freedom hub players (the ‘Big Three’: Emirates, Etihad Airways and Qatar Airways). However, there are some major developments at the second tier full service...

Lonrho states African businesses are growing; Royal Jordanian and Kenya Airways down

March 4, 2010, 12:18 am

In South Africa, Lonrho's shares (+4.2%) gained again, after the company stated its African businesses are growing. The carrier reported a decline in losses before tax to GBP4.5 million for the 12 months ended 30-Sep-2009, from GBP38.7 million in...

British Airways reports improved traffic; Ryanair load factor declines; Air France up

March 4, 2010, 12:09 am

European airline stocks were mostly up on Wednesday (03-Mar-2010), moving higher with the wider market after Greece released a new set of austerity measures to overcome its debt issues. However, gains were capped by a 1.5% rise in oil prices, to...

US Airways loses USD30 million in sales from storms

March 4, 2010, 12:06 am

North and South American carriers’ stocks were mixed on Wednesday (03-Mar-2010), on varied traffic results from US carriers. Stocks also tended to move with the wider market, with the Dow (-0.9%) slipping, after the US Federal Reserve stated loan...

Airline mergers gaining attention - and traction (?) in 2010

March 3, 2010, 10:42 pm

The “M” word – merger – has been trumpeted in US airline circles since December, particularly once the analyst community began to see there might be a light at the end of the recessionary tunnel. A mere three months later, merger is on the...

Continental Airlines offering new ancillary revenue option: Legroom

March 3, 2010, 10:32 pm

Continental will be offering customers the option for as much as an additional seven inches of legroom when they check-in for their flight. The airline has no projected revenue target for the new feature, nor does it have a single price. “It...

AMP Capital Investors - global infrastructure airport valuations: Airports ain’t airports

March 3, 2010, 10:22 pm

Activity in the global infrastructure segment remains somewhat muted, as recovery from the global financial crisis gathers momentum. AMP Capital Investors Head of Research, Infrastructure Greg Maclean, shares his views with CAPA's Airport Investor...

Airbus and Boeing shares on hold, waiting on tanker bid – Supplier’s share wrap

March 3, 2010, 8:38 pm

EADS and its partner Northrop Grumman are nearing a decision on whether they will compete with Boeing on the US Air Force’s latest round of its controversial USD40 billion aerial refueling tanker contract.

Fraport delivers optimistic outlook for 2010, revenue and net profit down 6.1% and 20.1%, respective

March 3, 2010, 8:34 pm

Shares in Germany’s Fraport remained virtually flat yesterday (-0.1%) yesterday, upon the release of the airport operator's preliminary financial/traffic report for the 12 months ended 31-Dec-2009.

Allegiant, AirTran & WestJet increase capacity in Feb-2010/1Q2010; WestJet upgrades 1Q RASM forecast

March 3, 2010, 8:30 pm

WestJet CEO, Sean Durfy, upon the release of the carrier’s Feb-2010 traffic results, commented that “while we are seeing signs of a slight, albeit slow, improvement in the demand environment, first quarter RASM is tracking to an anticipated...

European airports struggle in 2009 except Turkey. Heathrow outperforms Paris CDG, Frankfurt & Madrid

March 3, 2010, 7:45 pm

Being an airport operator in Europe was not easy in 2009, with deep declines in traffic virtually across the board. The exception was Turkey, with Istanbul Ataturk Airport showing solid growth, thanks to Turkish Airlines’ continued aggressive...

India needs 3,000 aircraft by 2020; Aviation recovery expected by 2011

March 3, 2010, 7:33 pm

Indian Civil Aviation Minister, Praful Patel, at India Aviation 2010 air show, stated he expects the Indian civil aviation sector to see recovery by early 2011, based on the current growth trajectory, stating, “we have been able to weather the...

Airline share price performance improving - IATA

March 3, 2010, 7:27 pm

International Air Transport Association (IATA), in its Airline Financial Monitor for Jan/Feb-2010, commented that airlines have "outperformed the market so far this year and, in the European and Asia Pacific regions, have kept pace with the market...

Outlook 2010 for second tier Middle East airlines

March 3, 2010, 6:25 pm

Aviation headlines in the Middle East tend to be dominated by the ambitious sixth freedom hub players (the ‘Big Three’: Emirates, Etihad Airways and Qatar Airways). However, there are some major developments at the second tier full service...

Royal Jordanian establishes environment management programme;Kenya Airways B767 reliability improves

March 2, 2010, 11:46 pm

Royal Jordanian (-1.0%) declined on Tuesday (02-Mar-2010). The carrier announced during trading that it has signed an MoU with USAID/Jordan Tourism Development Project II (Siyaha II), agreeing to cooperate in setting up an environmental management...

Continental Airlines loses USD25 million from snow storm; LAN decline slows after Chile earthquake

March 2, 2010, 11:34 pm

North and South American carriers’ stocks went against wider markets on Tuesday (02-Mar-2010), falling lower after Continental Airlines (-3.3%) stated constant snow storms have cost the carrier USD25 million in lost revenue. The AMEX Airline Index...

Lufthansa reports better than expected FY2009 results; British Airways benefits

March 2, 2010, 11:14 pm

European shares climbed for the third consecutive day on Tuesday (02-Mar-2010), reaching a near six-week high. Banking and auto maker shares were the biggest gainers, ahead of the release of new austerity measures by Greece to handle its debt...

Auckland Airport reports a strong month in the domestic market in Jan-2010

March 2, 2010, 8:10 pm

Shares in Auckland Airport jumped 1.6% yesterday, upon the release of its traffic report for Jan-2010. Domestic passengers led the way up, increasing 11.8% year-on-year to 481,995, while international passengers rose 1.8% year-on-year to 733,296,...

European LCCs gain passengers, while network carriers lose passengers, in 2009

March 2, 2010, 7:30 pm

The European Low Fare Airline Association (EFLAA) announced that its 11 members (Blue Air, bmibaby, easyJet, Flybe, Jet2.com, Norwegian, Ryanair, SverigeFlyg, transaviation.com, Vueling and Wizz Air) carried 162.5 million passengers in 2009, an 8.7%...

Meggitt hit by lower civil demand in 2009, forecasts rebound for 2H2010 - Suppliers Share Wrap

March 2, 2010, 7:22 pm

UK aerospace and defence supplier, Meggitt, reported a 1% drop in revenue in 2009 and a 3% cut in operating profit for the year, as increased military sales and better currency exchange effects offset the downturn in the company’s civil aerospace...

Asia Pacific leading the travel demand recovery; Thai declares dividend

March 2, 2010, 7:15 pm

IATA reports that Asia Pacific carriers experienced a 6.5% increase in demand in Jan-2010, adding that “of the improvement in demand seen since the early 2009 low point, 31% has been realised by carriers in the region, which is leading the global...

USD150 million impact on US airlines from winter storms

March 2, 2010, 7:11 pm

If Continental’s experience is any measure, the US airline industry may be looking at USD150 million in storm-related losses for February and certainly more than that for the first quarter. Yesterday, the Houston-based carrier indicated that...

IATA includes LCC data for “more accurate representation” of total international growth

March 2, 2010, 6:34 pm

IATA has commenced including data from non-member LCCs and estimates for other non-reporting airlines in its monthly industry traffic reports, to make for a “more accurate representation of total international passenger and freight markets”,...

Two paced aviation recovery: Emerging markets streaking ahead

March 2, 2010, 6:11 pm

The latest international air traffic report from IATA (for Jan-2010) confirms the industry is recovering as a whole, but there is a growing divergence between the ‘Haves’ (ie strong economies, traffic growth) and the ‘Have-nots’ (tepid...

Lonrho stock slumps on news Fly540 Zimbabwe yet to receive AOC; Air Arabia up

March 2, 2010, 12:26 am

Lonrho (-9.6%) shares slumped, losing the gains it made the day prior, after its LCC subsidiary, Fly540 Zimbabwe, stated during trading it has yet to receive an AOC from the Civil Aviation Authority of Zimbabwe.

Chile earthquake - Aviation Update: LAN to resume restricted operations on 02-Mar-2010

March 1, 2010, 10:53 pm

LAN Airlines (-1.8%) was one of only two North and South American carriers to experience a decline in stocks on Monday (01-Mar-2010), after it was forced to cancel 17 flights to/from Santiago over the weekend as a result of Chile’s 8.8 magnitude...

Genesis Lease and AerCap continue share price surge, B/E Aerospace trading strongly

March 1, 2010, 10:46 pm

AerCap and Genesis Lease have continued their strong recent share price performances, reporting gains of 3.8% and 4.6%, respectively yesterday, as they draw ever closer to their merger, expected to be closed on 25-Mar-2010.

Continental Airlines’ yields and traffic levels improve in Feb-2010, aiming to “make money” in 2010

March 1, 2010, 9:46 pm

Continental reported another encouraging set of traffic results for February, with its first month of positive yield growth since Dec-2008 and continued record load factors.

Nordic market highlights the adapt or perish philosophy

March 1, 2010, 9:40 pm

The Nordic market is a good case study of the general requirements for carriers operating in a challenging environment, emphasising the need for airlines to adapt to the environment or perish. While each of major carrier has adopted differing...

Singapore Changi Airport Group acquires stake in Aeroporti di Roma’s parent, GEMINA

March 1, 2010, 8:39 pm

Shares in GEMINA SpA, the holding company of Aeroporti di Roma (AdR) gained 1.3% yesterday, as Singapore Changi Airport Group (CAG) acquired a 5% stake in the Italian airport operator through its wholly-owned subsidiary, Changi Airports...

Lufthansa and BA gain, Air France-KLM flat. Global business travel outlook improving – Ascend

March 1, 2010, 7:51 pm

European airline shares were generally higher yesterday amid a solid session for European equities. Lufthansa added 1.3%, while British Airways rose 0.6%.

Southwest shares reach new 52-week high; US LCC investors optimistic of profitable results in 2010

March 1, 2010, 7:46 pm

US airline shares rose again on Monday on the back of positive US economic data, raising hopes of demand improvements and future growth, as the world’s largest economy shows evidence of a steady recovery.

Qantas announces resignation of Chief Financial Officer

March 1, 2010, 7:27 pm

Qantas Chairman, Leigh Clifford, and CEO, Alan Joyce, announced the resignation of Chief Financial Officer and Board Member, Mr Colin Storrie, citing personal and health reasons. Mr Clifford said Mr Storrie’s resignation would take final effect...

Virgin Blue announces former Qantas exec, John Borghetti, as new CEO

March 1, 2010, 7:08 pm

Virgin Blue appointed John Borghetti as the company’s new CEO and Managing Director, effective 08-May-2010, replacing outgoing CEO Brett Godfrey. Mr Borghetti resigned from Qantas in May-2008 after 36 years at the carrier. Mr Borghetti was among a...

Malaysia Airlines sees shift from business to economy; considering Premium Economy A380 seating

March 1, 2010, 6:50 pm

Malaysia Airlines’ Senior GM Network and Revenue Management, Ain Khan, in an interview with Bloomberg, confirmed the carrier is considering introducing Premium Economy seating in its six on-order A380s, commenting that it would "provide another...

MAp Group back in growth mode. Q&A with CEO, Kerrie Mather

March 1, 2010, 5:56 pm

MAp Group airports, Sydney, Copenhagen and Brussels, have come through the global financial crisis looking better than ever, according to CEO, Kerrie Mather. Talking exclusively to CAPA’s Airport Investor Monthly, Ms Mather describes the drivers...

Kenya Airways rejoins African Airlines Association; Lonrho climbs; 1time slips

March 1, 2010, 12:39 am

African Airlines Association (AFRAA) and Kenya Airways (-1.0%) announced during trading that the airline has rejoined AFRAA, after a six year absence, following a meeting between AFRAA Secretary General, Nick Fadugba, and Kenya Airways Group...

Chile's massive earthquake: Aviation update

March 1, 2010, 12:37 am

Chile's President-elect Sebastian Pinera will take over from current President, Michelle Bachelet, on 11-May-2010, inheriting a country and infrastructure shattered by the 8.8 magnitude earthquake early on Saturday (27-Feb-2010). Mr Pinera is...