Shares in Thai Airways were down 5.3% yesterday. The carrier is pursuing a major fleet renewal programme and plans to increase its share in local LCC Nok Air from 39% to 49% by the end of the year. Thai admitted in Jan-2011 that it will have to pay a premium for the additional stake in the now-profitable...
ACI World stated traffic results in 2010 were “positive” with global passenger traffic increasing by a “strong” 6% year-on-year, slightly below its forecast growth of “nearly 7%” but still “well beyond” pre-crisis volumes. International passenger traffic rose by 7% while domestic traffic...
Ryanair announced on Thursday that it carried 4.66 million passengers in Jan-2011 - a 5% increase year-on-year – while load factor rose 1ppt to 71%.
International Airlines Group (IAG), parent of British Airways and Iberia, announced monthly traffic highlights for the first time, reporting a 6.1% year-on-year increase in group traffic (RPKs). Capacity surged 9.5%, from a weak base. Comparisons were affected by severe weather in northern Europe in...
Delta Air Lines reported traffic results for Jan-2011 showing a 2.3% increase in system traffic on a 4.2% increase in capacity. Load factor decreased 1.4 ppts to 75.2%.
European airlines faced major headwinds in 2010, including a complete shutdown of western Europe’s skies in Apr-2010 and severe winter weather in January and December 2010. Despite these challenges, most have posted year-on-year increases in passenger numbers and load factors. The year recorded a...
Responding to high levels of market demand, Airbus announced plans to increase production from eight to nine aircraft per month by early 2012 and 10 a month by 2Q2013. The A330 has won orders over the past few years, as Boeing customers seek to fill fleet gaps due to the three-year delay to the B787...
Japan Airport Terminal, operator of Tokyo Haneda Airport's terminal buildings, has announced plans to open an outlet at Chengdu Shuangliu International Airport, China. It will be JAT's first overseas venture.
Belgium’s Brussels Airport reported a 4.5% increase in 4Q2010 revenue, while EBITDA surged 20.4% to EUR48.6 million.
Qantas announced an increase in fuel surcharges for Qantas International services of USD20-50 one-way on Thursday. Its shares rose in response.
The pattern of recovery of corporate travel is of major interest to all airlines. Through CAPA’s partnership with Ascend, we want to gain an up to date snapshot from the business travellers in our global aviation community. This gives us an insight into the key trends, and we can share this overall...
The Geneva Aircraft Finance & Commercial Aviation Forum 2011 is delighted to announce its media partnership with the Centre for Asia Pacific Aviation (CAPA), to provide essential aviation market intelligence to the over 200 Aircraft manufacturers, lessors, financiers, fleet planners and aviation market...
All Nippon Airways (ANA) reported a strong swing to profitability in 3QFY2011 driven by a 32% surge in international passenger revenue, as the carrier benefitted from new international routes from Tokyo Haneda, increased international business demand – now back to pre-financial crisis levels - and...
LVMH, the world's largest luxury goods conglomerate, reported profit from recurring operations exceeded EUR4 billion for the first time, driven by "strong" results from units including DFS and Sephora, "which continue to increase their lead over competitors across all regions in which they operate".
US’ Metropolitan Washington Airports Authority (MWAA) reports Washington Reagan's passenger numbers rose 3.1% in 2010 to 18.1 million. Traffic surged 11.8% in Dec-2010 to 1.5 million.
In 2007-2008 the airlines most feared the rising cost of fuel and, especially in the US, used the expense to dramatically cut service, scale back operations, retire aircraft and reduce capacity. But the positive effects of those actions were almost immediately negated by the recession, which brought...
Shares in India's listed carriers SpiceJet, Kingfisher and Jet Airways fell heavily on Friday.
Jet Airways, India’s largest private carrier and largest domestic airline, posted a lower-than-expected 11.7% increase in third-quarter after tax profit as rising incomes in the world’s second-fastest growing major economy spurred increased travel demand. The third quarter is typically the strongest...
Citigroup downgraded Embraer shares from “hold” to “sell” on Friday, citing its valuation, but raised the price target for shares from USD31 to USD37. On 28-Jan-2011, Morgan Stanley upgraded Embraer from “equal weight” to "overweight”.
China has taken another step in opening up its low-altitude airspace to general aviation traffic, launching a trial permitting helicopters to operate in low-altitude airspace over Haikou, the capital city of China's southern island province of Hainan. The aim of the testing is to validate plans to gradually...
Air Arabia's shares gained 1.6% yesterday to AED0.82. TradeArabia News Service reports the carrier took delivery of the third and fourth of 44 A320 aircraft ordered from Airbus on 06-Jan-2011 and 31-Jan-2011, respectively.
Aircastle announced on Monday that it delivered the first of six new A330-200s scheduled to join the South African Airways fleet this year. The aircraft will be equipped with Rolls-Royce Trent 772B engines.
US airline stocks were mostly sharply higher on Monday, led by US Airways (+5.2%) and American Airlines (+4.6%), as oil prices eased with the political tensions in Egypt. New York oil futures closed down 1.5% to USD87.72 per barrel.
Air Berlin's shares rose 3.8% to EUR3.58 on Monday as the airline revealed a 5.7% increase in passenger numbers to 2.15 million and a 3 ppts increase in load factor to 72%.
SAS shares rose 4.3% on Monday as it reported a 5.4% increase in passenger traffic in Jan-2011 and stated yields would rise from Dec-2010 levels (which were down 8.2% year-on-year).
Airport Authority Hong Kong (AAHK) unveiled details of the HKD7 billion (USD899 million) Phase I of its mid-field development project late last month. The midfield concourse is the last piece of land on the airport island available for large-scale development and aims at boosting passenger capacity...
Indian infrastructure giants GMR and GVK are considering appealing the Airport Economic Regulatory Authority's (AERA) recent order to regulate airport revenues, according to a report in the Economic Times.
Airport retailer Dufry AG stated its full-year sales in 2010 would be affected by the strength of the Swiss franc.
Lion Air's President Director, Rusdi Kirana, has told Indonesian newspaper Kontan that the company will only proceed with a public float of shares if the conditions are "solid".
easyJet reports it handled 3.7 million passengers in Jan-2011, up 19.1% year-on-year. The result pushed the 12-month moving total past the 50 million passenger milestone (to 50.3 million, up 8.5% year-on-year) for the first time.
