Canadian leisure carrier Air Transat recently announced further network expansion into South America during the upcoming northern winter schedule. Subject to government approvals the airline will fly to Lima, Peru twice weekly from Toronto and once a week from Montreal. Air Transat is part of the Transat A.T. Inc. tourism consortium operating to ‘some 60 […]
India’s largest domestic airline IndiGo has posted a record net profit for the first quarter of the airline’s 2023-24 financial year, 01 Apr – 30 Jun Pieter Elbers, the airline’s chief executive officer, said: “That very positive momentum from the last two quarters has also continued in this quarter as we started the new year […]
The International Airlines Group (IAG) has delivered an astounding turnaround by posting a record operating profit for the first half of 2023 (1H23). The parent company of British Airways, Iberia, Vueling, LEVEL, and Aer Lingus achieved a €1.26 billion ($1.39 billion) result for 1H23. A contrast to the same period last year when the consortium […]
Ryanair is gearing up to serve a war-stricken nation.
American Airlines and JetBlue announced Friday that from July 21, both carriers will begin the ‘first step in the wind-down process’ of their ‘pro-competitive, pro-consumer Northeast Alliance (NEA).’ The move reported by Reuters comes after a U.S. District Court Judge ruled in May that the three-year-old alliance ‘”substantially” diminished competition in the domestic airline market.’ […]
The ruling comes after a lower court had earlier pronounced a decision against the government’s plans.
Air Canada has followed up the expansion of several European routes to year-round services to Toulouse, Barcelona, Edinburgh, Lisbon, Rome, Madrid and Copenhagen with the announcement of the strategic expansion of its winter schedule. The airline announced it will increase capacity for the 2022-23 Northern Winter to more than 8 percent above its 2019-20 pre-pandemic […]
Canada’s WestJet and Swoop airlines cancelled over 200 flights in response to an industrial dispute with 1800 pilots. CBC News reports that 92 flights due to operate on Thursday were cancelled in addition to strategic cancellations already made by the airline ahead of the long holiday weekend. “We are extremely disheartened to find ourselves in […]
The aviation industry continues to exhibit positive signs of post-pandemic growth as the northern summer schedule gets underway. A number of airlines are approaching or have surpassed 2019 planned capacity levels though this does differ by region. The North American and European markets were unhindered by travel restrictions last year but some countries in South […]
Icelandair’s business model of leveraging the country’s mid-Atlantic geographic position allows the carrier to serve four markets: ‘TO, FROM, VIA and Within Iceland.’ With the population of Iceland estimated at just below 350,000, reliance on traffic to and from Europe and North America meant during the dark days of the pandemic that Icelandair did not […]
