Op-Ed: Potential Airline Alliance Shifts on the Horizon
Feb 11, 2023 · The airline, which is currently a founding member of the Star Alliance, will be switching to the SkyTeam alliance in the coming months. This change comes as Air France-KLM acquires a 19.9% stake in the carrier, in a deal worth over US$140 million. This decision will have a significant impact on the aviation landscape in Northern Europe.
IATA Forecasts 2.7% Net Profit Margin, Record 2024 Revenues
Dec 6, 2023 · DALLAS — The International Air Transport Association (IATA) has announced strengthened profitability projections for airlines in 2023, which are expected to largely stabilize in 2024. Here are the key points: Profitability Projections: The airline industry's net profits are expected to reach $25.7 billion in 2024, with a 2.7% net profit margin, showing a slight improvement over the $23.3 ...
Air France-KLM Group Reports Profit Boost
Cross. 17/2/23. DALLAS - The Air France-KLM (AF-KL) group, which also includes low-cost carrier Transavia (HV), has reported its highest-ever Q4 revenue results and announced that full-year revenue now stands at €26.4bn (US$28bn). Full-year net profits now stand at €728m (US$774m), while operating profits came in at €1.2bn (US$1.2bn).
Why Are Advanced Materials the Future of Aerospace Design?
23/8/23. DALLAS — The 1903 Wright Flyer bore a wooden frame and muslin fabric wings. While these materials served the world’s first airplane well, modern aircraft need something a little more reliable. Today, high-strength composites and alloys of titanium, aluminum, and steel are some of the most common materials used in aerospace design.
A Decade of Transatlantic Travel: Less Choice, More Flights
Jun 15, 2023 · The Western Europe-US long-haul market was one of the first to recover after the pandemic, but how has the transatlantic market changed in the last 10 years?
Deep Dive: Southwest Airlines Holiday Meltdown - Airways
31/12/22. DALLAS — Over the past few days, Southwest Airlines (WN), one of the largest carriers in the United States, has canceled 15,200 flights between December 22 and 29. However, on Friday, December 30, the airline promised a resumption of flights. So what was the cause of these delays, and why was WN the only US carrier to cancel so many ...
NOTAM System Failure Disrupts US Airspace
Jan 11, 2023 · The Notice to Air Missions or Notice to Airmen system (NOTAM) is a type of information retrieved by pilots and air traffic controllers that contains crucial information such as potential hazards, and runway or airspace closures, among many others. Because of that, it is unsafe for aircraft to take off from their origin airport without ...
SWISS Returns Last of Its Stored Aircraft to Service
Dec 21, 2023 · DALLAS — SWISS International Air Lines (LX) has brought back the last of its Airbus A320 aircraft to service, which was stored in Amman, Jordan, due to the COVID-19 pandemic. This marks the complete restoration of LX’s fleet to full operational capacity. The airline stored 25 aircraft in Amman amid the COVID-19 pandemic travel decline.
BermudAir to Start Flying with All-Business Class E175s
Aug 26, 2023 · DALLAS - A new startup carrier was born in the British island territory of Bermuda: BermudAir is set to introduce a completely different operational strategy, offering flights to the mainland United States on board all-business-class Embraer E175 aircraft. Founded in May 2023, BermudAir plans to start operations as early as August 31, 2023 ...
Airlines No Longer in Operation Post-Pandemic (Pt.1)
Feb 20, 2023 · Subjects A through C are presented in this first of three volumes. Covering topics such as the airlines of Alaska at the time of statehood and Canada's regional airlines of the 1960s, the individual histories of such carriers as Allegheny, American, Braniff, and Continental are also included in Volume One. Get your copy today!