Latvia’s airBaltic’s passengers grew by 18% for the first ten months of 2018 according to a report from the airline. Overall, the airline carried some 3, 553 386 passengers across its network spanning Europe, Scandinavia, Russia, CIS, and the Middle East. In October 2018, 384,493 passengers or 21% more than last year traveled with airBaltic.
Greek carrier Aegean Airlines was voted fifth on the list of the 20 Best Airlines in the World (outside the US) for 2018
Aegean Airlines and subsidiary, Olympic Air, announced passenger traffic growth for 2017 increased by 6%, exceeding the 13-million milestone. The Heraklion, Greece-based carrier transported 13.2 million passengers over the last year, or 750,000 more than in the previous year. Additionally, the two airline brands flew the same number of flights to accomplish the result.
airBaltic has launched a new route between Riga and Odessa according to an announcement by the Latvian airline.
Zurich based SWISS is making major modifications to their European and intercontinental schedules for the 2014 summer period. According to the airline Palermo and Thessaloniki will be added to the network, while Geneva will also see new services to Corfu and Heraklion in Greece. The provider also announced service from Basel will also be expanded with seasonal flights to Ibiza, Olbiaand Palma de Mallorca.
News from Nicosia, China’s Beijing Yi Xiang Da Investment Co Ltd has expressed an interest in acquiring Cyprus Airways according to reports on Friday.
Boeing has just landed a Ryanair contract that is the largest ever from a European carrier. Boeing is to supply some 175 aircraft to the budget carrier, the purchase price totals were not disclosed.
Two sides of the economics of air travel coin exists, in case anyone has failed to notice. For every Ryanair win, there are at least two air-carrier failures out there. Kingfisher Airlines (KING.NS) has just announced a record loss for the second quarter. With an imminent crash in the wind, onlookers have to offer sympathy for such beleaguered businesses.
Low cost airline Wizz Air now celebrates one year of successful flights to Belgrade, Serbia. Since dedicating their Airbus A320 to accomodate the Serb capital, the company has become the second biggest carrier operating from Belgrade Nikola Tesla Airport.
Ulrich Schulte Strathaus, Secretary General of the Association of European Airlines revealed to Slovenian daily “Dnevnik” that air carriers of the former Yugoslavia need to unite in order to stay afloat. Once a single market capable of supporting in country players, the former Yugoslavia demands a single regional carrier to meet the growing needs.
An article by Hugo Martin in the Los Angeles Times yesterday reveals still more bad PR and just bad business for airlines. At a time when any industry can well afford negative news, over $1.5 billion in nickel – dime baggage charges and reservation fees makes America’s biggest air carriers seem anything but transparent.
In world airline news, leading edge air carrier Asia’s Singapore Airlines has just signed memorandum of understanding (MOU) with Spain’s Tourism Board. The agreement further extends what has already become an apparent initiative by the airline to not only broaden B2B connections, but to engage overall the world travel market.