announced (03-Oct-2024) a set of measures aimed at improving the company's operational and financial performance. These include increasing productivity, simplifying the organisation, cutting costs and deferring or postponing investments. stated that despite revenue growth, these interventions are necessary due to the rising cost of equipment, staff and airport fees, as well as its ongoing fleet renewal. aims to improve its operating result by EUR450 million in the short term, targeting structural profit margin above 8% by 2026 to 2028, in line with 's group ambition. Key actions include: Incre ..read more

director general Willie Walsh reported (03-Oct-2024) "good news" in air cargo markets for Aug-2024, with the sector recording a second consecutive month of record high demand for the year to date. Mr Walsh noted yields are up 11.7% compared to 2023, 2% compared to Jul-2024 and 46% compared to pre-pandemic levels. Mr Walsh added: "This strong performance is underpinned by slow but steady growth in global trade, booming e-commerce, and continuing capacity constraints on maritime shipping ..read more

signed (03-Oct-2024) a joint business agreement, after Ministry of Land, Infrastructure, Transport and Tourism president and group CEO Mitsuko Tottori stated: "We expect to launch this joint business relationship in the second quarter of 2025 to provide additional travel benefits for our mutual customers". As previously reported by , the two airlines commenced codeshare services in Oct-2018 ..read more

, via its official LinkedIn account, announced (04-Oct-2024) its first (9H-GLOBL, MSN 120) departed to undergo MRO and inspection works in . The announcement follows a 23-Sep-2024 "multi-million euro" agreement with (EFW), with EFW to provide MRO services to facilitate the aircraft's entry into service ..read more

reported (09-Oct-2024) the following commercial aircraft orders and deliveries for Sep-2024: 50 deliveries to 29 customers; : Three A320neos and six A321neos; : 15 A320neos and 65 A321neos; Undisclosed: 20 A320neos, 55 A321neos, five ..read more

) announced (20-Sep-2024) a survey of nine member airlines revealed 80% of respondents cited lack of reciprocity and political will as a challenge impeding the implementation of the Single African Air Transport Market (SAATM) initiative. 65% cited regulatory barriers. Other challenges mentioned included: Poor ratification of SAATM agreements by states; Financial constraints to facilitating fleet modernisation and upgrades. Pillars for effective implementation of SAATM identified by member airlines included reduced taxes and charges, ease of intra-African mobility and human capacity development ..read more

Senator Dick Durbin introduced (26-Sep-2024) the Protect Your Act, aiming to strengthen consumer protections by requiring increased transparency from airline frequent flyer points and loyalty programmes. The legislation would provide the and the Consumer Financial Protection Bureau with authority to: Prohibit airlines from including provisions in their frequent flyer programmes and co-branded credit card terms of service that reserve their right to make changes at any time without notice to customers, and instead require airlines to provide at least one year's notice of any changes to terms of ..read more

) reported (19-Sep-2024) the following air passenger traffic for Aug-2024: 8.7 million passengers, a "robust" 12.7% increase year-on-year and a "slight" 1.5% month-on-month decrease. The growth was driven primarily by a surge in international travel, fuelled by the expansion of international routes and the introduction of new flights; Domestic air traffic reached 4.2 million passengers and accounted for 48.6% of the total. Traffic decreased 1.3% month-on-month but increased 2.2% year-on-year, reaching 84.7% of Aug-2019 traffic; International air traffic contributed 51.4% of the total with 4.5 ..read more

operated (01-Oct-2024) its inaugural to Johannesburg on 30-Sep-2024, the first time the aircraft type has been deployed between will operate up to six times weekly on the route, doubling capacity with an additional 130,000 seats between has capacity for 485 passengers across four cabins, with the introduction of the aircraft seeing a return of first class on the route for the first time since 2018. First features 14 individual suites arranged in a 1-1-1 configuration which convert into a 212cm bed. The upgauge will also more than double the number of premium economy seats available between the ..read more

confirmed (01-Oct-2024) its intention to acquire a 25% minority stake in from Bain Capital. Details include: Subject to authorisation from the , the cooperation will enable to launch flights from to Doha, connecting into The additional flights will open up over 100 new connecting itineraries across Proposed wet lease services will commence in mid-2025, enabling to assess longer term merits and viability of widebody aircraft; The arrangement will provide access to a greater range of international destinations with improved schedules and frequencies, as well as increased earn and redemption oppo ..read more