Ryanair has been the busiest European airline in 2020 as far as the number of daily flights is concerned. In a year dominated by the Covid-crisis, the low-cost operated on average 951 daily services, 59 percent fewer compared to 2.323…
Yesterday Breeze Aviation Group, Inc., David Neeleman’s new US airline, made a new filing. The filing of a redacted T-5 is to keep certain data away from prying eyes (competitors). Here’s the data filed. The plan shown reflects steady…
Austrian Airlines is taking severe cost-cutting measures from 2021 to assure it return to profitability. Between 700 and 800 staff will be made redundant as the airline needs to save EUR 90 million annually after having given a profit warning…
Lufthansa Group saw its net profit in 2018 reduced to €2.161bln, down 8 percent from €2.340bln the previous year. Adjusted EBIT was 4 percent lower at €2.836bln. This means that the German/Austrian/Swiss airlines group lost its top ranking as the…
Lufthansa Group member Austrian Airlines is to restructure its operations and make Vienna Schwechat Airport its central hub. The airline will also grow the continental fleet while studying plans to renew the long-haul fleet, Austrian announced on January 17 during…
Lufthansa Group confirmed its position as Europe’s leading airlines group by carrying a record number of 142.3m passengers in 2018, it announced on January 10. This is a 10% increase over 2017 and 9.4m passengers more than its next competitor…