Financial Results
Charting the trends – people have ‘not lost their desire to travel’ and ‘path to recovery is coming into view’ but IATA sees ‘serious issues remain’ with USD200 billion profitability hole over first three years of decade
The International Air Transport Association (IATA) has announced its latest outlook for airline industry financial performance showing improved results amid the continuing COVID-19 crisis. However,
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Four in five airline CEOs are facing the biggest challenges of their careers, but almost all see opportunity for positive transformation as ‘flexibility to adapt to an increasingly dynamic landscape’ becomes critical to growth
The findings from the ‘Airlines: A Path Back to Profitability‘, survey of airline executives for Accelya that four in five (79%) view the pandemic as
IATA predicts almost a USD30 billion revenue loss in 2020 for airlines with the Asia-Pacific region taking the biggest hit from coronavirus
The Civil Aviation Administration of China (CAAC) has reported this week that the country’s airports handled a record 1.35 billion passengers in 2019, a +6.9%
Slowing demand and rising costs are putting a squeeze on airline profits
The International Air Transport Association (IATA) has announced a downgrade of its 2019 outlook for the global air transport industry to a USD28 billion profit,
International premium class demand and yields have slipped, but premium fare growth outpaced economy fare increases across almost all global markets in early 2019
New data from International Air Transport Association (IATA) highlights that the premium passenger share of global demand slipped during the first two months of the
‘We’re in a downturn, but it is the best downturn we’ve ever had (so far)!’ Has the airline profitability bubble burst?
easyJet and Ryanair may have European-centric networks, but they are world-renowned brands having successfully surfed the LCC wave to ranked among the world’s largest operators.
Qantas sees its share of corporate travel revenue hit its highest level in three years as Group reports continued revenue growth in 3Q2019
Australia’s flag carrier Qantas has seen its overall market share of corporate travel revenue increase by 2.5 percentage points in 3Q2019 to its highest level
Should we prepare for more airline closures? Europe’s big five take more than half of region’s air travel market as smaller airlines struggle for share
The airline sector as historically been a competitive marketplace where only the strongest can survive. While LCCs may have initially arrived as the disruptors, many
Fitch: Solid airport traffic trends, but trade tiffs spur uncertainty
US ratings agency Fitch believes solid airport traffic airport performance posted by US airlines in 1H2018 should continue for the remainder of the year, albeit
Virgin Australia releases FY2017 results reporting an improvement in underlying performance
Virgin Australia released its Full Year 2017 financial results today, which included information on profit, loyalty programme, and outlook for FY2018. Results: Virgin Australia Group
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