March 2010

Small traffic growth offers cause for caution rather than celebration

by Jarkko on March 13, 2010

in Airlines, Aviation, Travel

“The faint glimmer of a recovery is no more than that. Ticket prices are still low, so emerging growth has brought no significant financial boost yet,” says Finnair’s SVP Communications Christer Haglund. Christer Haglund was responding to the latest Finnair traffic figures released earlier this week. Finnair’s scheduled traffic grew in February by just over [...]

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IATA Cuts 2010 Loss Forecast in Half

March 12, 2010

The International Air Transport Association (IATA) halved its loss forecast for 2010 to US$2.8 billion (compared to the US$5.6 billion loss forecast in December 2009). The improvement is largely driven by a much stronger recovery in demand seen by year-end gains that continued into the first months of 2010. Relatively flat capacity translated into some [...]

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AIR CARGO WORLD ANNOUNCES 2010 AIR CARGO EXCELLENCE SURVEY WINNERS

March 11, 2010

Air Cargo World, the global news authority on air logistics and freight transport, has unveiled the findings of its sixth annual Air Cargo Excellence (ACE) Survey, which measures carriers and airports on specific criteria and ranks them to identify above or below average performance. The findings were revealed today at the Air Cargo Excellence Awards [...]

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Air Cargo: Efficiency, Quality and Security Are Key

March 10, 2010

The International Air Transport Association (IATA) called upon the entire air cargo value chain to drive efficiencies and improve competitiveness by supporting IATA e-freight. IATA also called for a renewed focus on quality via Cargo 2000 and a more effective and cost efficient approach to security with IATA’s Secure Freight program. “We are starting to [...]

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Americans Seek Air Travel Security

March 10, 2010

According to new America THINKS survey results from HNTB Corporation, Americans are clamoring most for aviation infrastructure improvements that will make them feel safer. “As our aviation infrastructure priorities are debated and future funding questioned on Capitol Hill, it’s crucial to look at what matters most to the nation’s air travelers,” said Paul Yarossi, president [...]

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Key Air Appoints New CEO

March 9, 2010

Bob Marinace appointed to succeed Brad D. Kost as President and CEO “I have enjoyed working for a company that is an industry leader in customer safety, convenience and trust. The team at Key Air shares a strong commitment to providing our clients with an exceptional product and it has been an honor to be [...]

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Aer Lingus ‘to postpone’ results

March 8, 2010

Aer Lingus will not publish 2009 earnings tomorrow as planned, a source said today, as management worked to overcome union resistance to cost cuts. “I expect it won’t be published tomorrow,” the source said. “Further confirmation is expected later in the day.” On Friday, cabin crew rejected a cost savings plan recommended by their trade [...]

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Allegiant to acquire six Boeing 757-200 aircraft.

March 6, 2010

Allegiant Travel Company today announced it has signed a forward purchase agreement to acquire six Boeing 757-200 aircraft. The introduction of the 757 aircraft will enable Allegiant to expand its leisure travel strategy into Hawaii with flights to be operated by Allegiant Air, LLC, its airline subsidiary. Allegiant plans to take delivery of these aircraft [...]

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