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Flight Chic

Airline Industry News, Trends, Analysis

Day: 23 May 2016

Photo: U.S. Department of Homeland Security Secretary Jeh Johnson and TSA Administrator Peter Neffenger address summer travel at Ronald Reagan Washington National Airport in Arlington, Va., Friday, May 13, 2016.
#Airports#Aviation Matters

Behind the Lines: $13 Billion In TSA Funding Diverted To Pay National Debt, ACI-Says

During a special briefing at Washington DC this afternoon Airports Council International North America presented its insights on the cause of long TSA lines at U.S. Airports.

The council’s President and CEO, Kevin M. Burke, expressed concern over the looming rise in numbers of passengers travelling through the Nation’s airports this summer, given the delays experienced already and inadequate steps to resolve the root of the problems, as the Association sees them.

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Alitalia Crew sporting new uniforms. Source: Alitalia
#Airlines#Aviation Matters#The Competitive Edge

Progress For Alitalia On Etihad Airways Turn-Around Road Map

“Few airlines have undergone such radical change as the new Alitalia and it is now reaping the benefits of a robust new strategy built around dynamic and effective partnerships. After some difficult and challenging years, Alitalia has a great story to tell. We promised to create a world-class airline,” said Alitalia Vice Chairman James Hogan. “We are delivering on that promise and Alitalia today is as good as any airline in Europe.”

Fly Home to Vote "Remain" promotion. Source: Ryanair, Facebook
#Airlines#Aviation Matters#The Competitive Edge#The Peanut Wars

Ryanair Warns Of ‘Brexit’ Impact to UK, Reports Strong Traffic and Profits

Ryanair warns a ‘Brexit’ could hurt the UK Economy, in its annual report published today which shows growth in traffic and passenger numbers.

Ryanair reported a rise in full year profit of 43% to €1,242M.

Traffic grew by 18% to 106 million passengers, and the airline’s load factor rose by 5% points to 93%.

The airline’s average fare dropped 1% to €46, and unit costs fell 6% (ex-fuel down 2%)

Ryanair reports it is 44% hedged for FY18 and that hedging will deliver fuel savings of circa €200m (as price savings are offset by increased flight hours).

“We plan to pass on most if not all of these fuel savings to our customers in lower air fares particularly as we grow capacity over the next 12 months in key markets around Europe,” Ryanair states.