A conversation with a serial airline entrepreneur, who is probably the only person to have built (from the ground up) four airlines. David walks us through the TAP turnaround story which is remarkable. The airline has grown over 170% since…
On Wednesday IATA released its latest stats. The stat that caught our eye was this one: 22,000 city pairs are now connected by direct flights, up 1,300 over 2017 and double the 10,250 city pairs connected in 1998. Route dispersion…
Air France-KLM reported a net loss in HY1 of EUR 239 million, down from -158 million last year. In Q2 the Franco-Dutch airline group posted a EUR 81 million profit, but this was 30 million lower compared to the same…
The Air France–KLM Group, signed an MoU for 60 A220-300 aircraft to modernize its fleet. The aircraft will be operated by Air France. It is expected these aircraft will replace the airline’s A319s (33) and A318s (18). Interestingly, Air France…
The loss of WOW Air, the LCC, is taking a toll on Iceland’s air traffic. Through June 2019 movements at Keflavik, the primary airport, is down 14.6% YTD compared to last year. Passenger traffic is down even more at -20.3%…
Overcapacity and pressure on fares and yields in Europe are hurting the continent’s two biggest airlines. After Ryanair blamed excessive capacity at below cost prices for its 21 percent drop in profit in HY1 (to EUR 243 million) on July…