Embraer has confirmed it will continue to diversify its operations away from commercial aviation, and is aiming to raise the contributions of its defence and executive aviation segments this year.
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
As Asia and the Middle East pace the global airline recovery, the US and European recoveries will be much slower with a very low gradient to their upward trajectory, according to panelists at the Airline Passenger Experience Association conference in Long Beach. In addition, these regions could lead...
When discussing mergers and consolidation, one of the constant refrains heard from opponents is that competition will be limited and these quasi-monopolies will result in higher consumer prices. That position is becoming less tenable as the process unfolds, partly because the present US situation already...
AAR Corp reported a net profit of USD13.7 million for the first quarter of its financial year (three months ended 31-Aug-2010), from revenue of USD412. Revenue increased 21% year-on-year, mostly due to the acquisition of Aviation Worldwide Services (AWS), which was acquired in the fourth quarter of...
European airline shares declined again on Thursday (16-Sep-2010) with wider markets, as investors continued to sell shares on disappointing economic data, including a rise in US jobless claims and poor retail sales in the UK.
Comair was flat for Wednesday (15-Sep-2010), During trading, the carrier stated it hopes its fleet of new-generation B737-800 aircraft will provide the carrier with the platform for a high-efficiency business model similar to that of Ryanair. A major part of its strategy is the use of lower-cost secondary...
Unlisted Etihad Airways announced its proposed partnership with Virgin Blue will provide customers in Kuwait with an expanded global network and increased opportunities to travel throughout Australia, New Zealand and the Pacific Islands, and to Asia and Los Angeles.
Tiger Airways yesterday stated it obtained approval from the French Export Credit Agency (ECA) to support the purchase of nine A320 aircraft.
American airline stocks were mixed on Thursday (16-Sep-2010) in another day of confused trading in wider markets. The Dow (+0.2%) ended the day up slightly, boosted by the technology sector.
The interim confidential findings by the World Trade Organisation panel on DS 353, the complaint brought by the EU against alleged US government subsidies to Boeing has been handed down. The full report is not due to be made public until 2011, but this hasn’t stopped parties on both sides of the Atlantic...
Recent technical issues at Jakarta Soekarno-Hatta Airport, including the recent crash of its air traffic radar, have highlighted the lack of adequate infrastructure at Indonesia’s airports and a shortage of preparation ahead of the launch of the ASEAN Open Skies policy. As a result, the Indonesian...
The UN Executive Secretary of the Framework Convention on Climate Change, Christiana Figueres, this week urged aviation to become a symbol of pro-active action to address climate change. At the heart of many efforts to reduce aviation’s environmental impact and drastically cut its CO2 footprint is...
Aeroports de Paris (+0.4%) shares gained slightly on Thursday (16-Sep-2010). One the same day the airport operator reported its passenger traffic rose by 1.4% in Aug-2010:
Jet Airways reported a 10th consecutive month of consistent growth in Aug-2010, with the carrier attributing this to “the impact of major strategic codeshares and launch of Jet Airways Konnect services".
Syria’s Government has given initial approval to the Ministry of Transport to work with the private sector to operate, develop and modernise the country’s airport infrastructure. The Middle East is a region where airport privatisation lags behind most other regions but the drive towards privatisation...
US Government statistics show that shifting travel patterns are emerging, as more direct services provide new points of connection for travellers. The most dramatic gains are seen in the Middle East and Africa, where non-stop flights have proliferated in recent years, providing new connecting hubs and...
The regional UK airline market, led by flybe, is a highly competitive sector which has struggled through the global financial crisis. The state of the industry (and green populism) prompted UK Transport Secretary Philip Hammond, in late Jun-2010, to comment that domestic flying in the UK “will become...
Safran group shares rose 5.2% yesterday, as the company announced plans to acquire the biometric security units of L-1 Identity Solutions Inc for USD1.1 billion.
flybe, Europe’s largest regional airline and the UK’s largest domestic carrier, stated it was “one of only three major European airlines to report profits throughout the global recession” with the privately owned carrier gaining market share as others were more seriously affected by the global...
Kenya Airways (+1.1%) announced plans to increase capacity to China, deploying B777 widebody aircraft, configured with 28 business-class seats and 294 economy-class seats, on services to Guangzhou and Hong Kong during the upcoming China National Day Golden Week travel period.
European airline shares advanced on Monday (20-Sep-2010), despite a rebound in oil prices (+1.6%) to USD74.86. Airline shares were boosted by gains in the wider markets, after the National Bureau of Economic Research stated the US recession is well and truly over and concerns over euro zone sovereign...
Airbus has revealed it is in final negotiations with major suppliers regarding reworking the A320 family to accept new engines. Speaking to Bloomberg, Airbus Chief Operating Officer, Fabrice Bregier, confirmed that preliminary agreements have been signed with Pratt & Whitney and CFM International and...
All North and South American airline stocks rose on Monday (20-Sep-2010), expect for ExpressJet (-0.5%). The carriers gained after the National Bureau of Economic Research stated the US recession officially ended in Jun-2009 and any future downturns would be a new recession, rather than a feared “...
Switzerland’s Geneva International Airport reported on Monday (20-Sep-2010) the following traffic highlights in Aug-2010:
Shares in China’s airlines gained yesterday, as the yuan strengthened to a 17-year high on speculation the Chinese Government would yield to increased political pressure from the US regarding the nations’ currency policy.
CAPA is the leading global aviation knowledge practice, delivering market analysis and data to support strategic decision making at hundreds of the most recognised organisations in the industry. Established for 20 years, CAPA has developed an unrivalled reputation for independence, insight and integrity...
Africa is attracting US airlines again, as African cities become viable network additions. The US airlines' absence spans two decades and their return to the continent helps to make US carriers quite considerably more global. Not since the days of Pan American Airways have American carriers served as...
The contract offered by Latvia’s Riga Airport to national airline airBaltic to build and operate a EUR92 million terminal for seven million passengers per annum by 2014 is unusual but not unique. For more than a decade airlines have been investing in some of the airports at which they operate, and...
Libyan African Aviation Holding Company (LAAHC) Chairman, Sabri Shadi, stated Libya's two state-owned carriers, Afriqiyah Airways and Libyan Airlines, are hoping to gain government approval in Oct-2010 to merge, stating: "The decision will be announced by around mid-October ... Afriqiyah and Libyan...
