Air France - KLM beats IAG and Lufthansa in Q3
Air France - KLM and IAG both reported their Q3 results today. How did they compare?
Heathrow’s Q3 results. Is it crying wolf to the CAA?
Heathrow airport has been pushing its regulator to allow it to offload its pandemic losses onto its customers, citing dire consequences if its request is not urgently addressed. What did the Q3 results published yesterday tell us about whether the airport's owners are crying wolf?
The end of the beginning?
More than six months into the crisis, the Q3 results for the big US airlines provide some perspective on how the industry is coping with the pandemic and the scale of the value destruction that has already taken place.
Lufthansa versus IAG, who did better in Q3?
IAG and Lufthansa have just shared the headlines of their upcoming Q3 results. What do they tell us about which is handling the crisis better?
The battle of the low cost carriers
Europe’s low-cost carriers are not just competing for passengers. They are also fighting to convince investors that they will be the winners coming out of the pandemic. How well are their claims supported by the facts?
European air traffic recovery snuffed out by second wave
Passenger numbers from the key European airports reveal the extent to which demand fell away in September compared to August.
easyJet posts first ever annual loss
easyJet released a trading update this week in which it provided guidance on the scale of what will be its first ever annual loss. The company said it lost over £800m pre-tax excluding one-offs, or £1.3 billion including them. The first of the European airlines to provide figures for trading for the July to September quarter, the picture they paint is not a happy one.
Can COVID testing save the airline industry?
Air Canada is running a programme of COVID-19 testing for international passengers arriving in Toronto. One month into the study, they report “encouraging initial results”. What do they tell us about whether testing could replace or limit quarantine requirements?
Lessons from the UK domestic aviation market
What lessons can we learn about the post COVID aviation world from looking at the experience so far in the UK domestic market?
The changing shape of the UK airline market
The UK airline market has changed radically from last year, not only in terms of overall demand but also in terms of which routes have held up better. Which are the biggest markets today and how does that compare to the pre COVID picture?
European traffic in August, as good as it gets for now?
The August numbers are in for European passenger volumes. Things are improving, but can it last?
What are the prospects for a recovery in business travel?
The business travel market has been hit hard by the pandemic. What are the prospects for a recovery, both in the short and the long-term?
Playing the UK’s quarantine lottery
Countries seem to drop on and off the UK government’s 14 day quarantine list in an apparently unpredictable way. I looked at some of the underlying case rate statistics to see if we can predict what changes might be coming next.
Fact checking Boris Johnson’s claim that airport testing would only catch 7% of cases
Boris Johnson rejected industry calls to replace quarantines with airport testing last week, saying that tests would only catch 7% of cases. Where does this statistic come from and does it stand up to scrutiny?
Outlook for European airline revenue in Q3
As we enter the final month of the third quarter, what can we say about how much revenue Europe’s airlines are likely to have earned when they report their next quarterly results?
Tracking the recovery in European airline demand
European airlines have been adding back capacity since June, but has passenger demand kept up? And who are the leaders and laggards amongst Europe’s big hub airports?
Virgin Atlantic rescue deal, a drop in the ocean
Next Tuesday, Virgin Atlantic’s creditors will vote on a restructuring deal aimed at avoiding the company falling into bankruptcy. What is at stake in the vote and will the changes be enough to save the company?
Low-cost long-haul: Is it dead or has its time finally come?
The low-cost business model has been all conquering in short-haul markets, but few have tried to make a go of it in long-haul. With the pandemic triggering high profile failures like Norwegian, is the idea dead, or has its time finally come?
Europe’s big airlines clear the first hurdle
With the second quarter results now in for all the big European airlines, how well did they manage the grounding phase and what kind of financial position are they each in for the restart?
Willie Walsh’s last IAG results
Willie Walsh presented his last set of IAG results before he heads off into retirement at the start of September. How well did the team at IAG do in bringing down costs and managing cash in the face of the worst airline downturn in the history of the industry?