Half term travel bloodbath with endless queues at UK airport, delayed flights and last-minute cancellations May 30, 2022 Tens of thousands more Brits face queues, delays and even cancellations today after what some social media users described as a ‘Sunday from hell’. Half-term holidaymakers who tried to get away over the weekend face delays of up to nearly eight bours with some passengers being told at the very last minute that their flight [...]
Signs of recovery in aviation as order book increases again May 30, 2022 ORDERS for commercial aircraft were their highest in four years in the month of April, new data released today has revealed. More than 130 airplanes were ordered in April, hitting a high not seen since well before the pandemic. There is now a backlog of some 13,000 aircraft that have been ordered but are yet [...]
End of airport slots allocation leads to lower fares, says IEA May 26, 2022 Ending the allocation of airport slots will lead to lower fares, according to a paper published today. The Institute of Economic Affairs (IEA) has argued that buying and selling airport slots on the market like any other goods will lead to more competition between airlines, ultimately improving consumers’ choice. “The system weakens competition between airlines [...]
UK puts jobs and passengers at centre of post-Covid aviation recovery May 26, 2022 The UK Government has put jobs and passengers at the centre of its post-Covid plan for the aviation sector’s recovery. Launched today by aviation minister Robert Courts, the ‘Flightpath to the Future’ 10-point plan will focus on building back consumer confidence as well as supporting new jobs and the sector’s sustainable recovery to reach net-zero [...]
Heathrow urges govt to ‘bring pace to the policies’ as 10-point plan is rolled out for aviation recovery May 26, 2022 The Government must “bring pace to the policies” after publishing a long-awaited strategy to support the recovery of aviation from the coronavirus pandemic, according to Heathrow Airport. A 10-point plan named Flightpath to the Future has been released by the Department for Transport, focusing on growth, sustainability and protecting passengers. It commits to “position the [...]
We’re focusing on profitable passengers not volumes, says Southend airport May 25, 2022 Southend airport is focused on attracting profitable passengers back instead of worrying about volumes, according to David Shearer, executive chairman of the airport’s owner Esken. The airport welcomed its first passenger flight at the beginning of May, after low-cost airline returned back to the hub, with routes services to Faro, Malaga and Mallorca. The airport [...]
AerCap posts $2bn net loss as jets remain stranded in Russia May 17, 2022 AerCap has posted a $2bn net loss in the first three months of 2022 as more than 100 of its jets remain stranded in Russia following the invasion of Ukraine. The world’s largest aircraft lessor said today that after sanctions were imposed on Moscow by the West, 113 of its jets and 11 engines remained [...]
DfT pledges £1m to finance world’s first net-zero transatlantic flight May 14, 2022 The Department for Transport (DfT) has pledged £1m to finance the world’s first net-zero flight. Transport secretary Grant Shapps has called on the global aviation industry to work on the project, inviting international airlines to collaborate alongside the UK Government to deliver the demonstrator flight in 2023. “This trailblazing net zero emissions flight, a world [...]
US aviation union calls on Menzies to guarantee workers rights post NAS takeover May 11, 2022 A US-based aviation union has called on services firm Menzies to guarantee that workers’ rights will be respected following a £571m takeover by Kuwaiti rival National Aviation Service (NAS) through subsidiary Agility. The Airport Workers United Campaign of the Service Employees International Union (SEIU) said workers were left in the dark about the deal’s details [...]
Air France-KLM beats quarterly forecasts following boom in travel bookings May 5, 2022 Air France-KLM announced it has beaten its own profit forecasts for the first quarter following a boom in travel bookings. In the three months ended 31 March, the French-Dutch power house posted a €221m EBITDA, a 135 per cent increase on last year’s losses worth €628m. Despite taking a hit as a result of the [...]