SAS to launch service to five new destinations in summer 2018

SAS confirmed (26-Oct-2017) plans to operate to five new destinations and open 27 new direct routes from Denmark, Norway and Sweden over summer 2018. Key services include: Sweden: SAS plans to launch service…..

Krakow Airport to invest EUR235m through 2036, aiming for 12m pax p/a

Krakow Airport announced (26-Oct-2017) plans to invest around PLN1 billion (EUR235 million) through 2036 to support capacity growth to handle 12 million passengers p/a. Krakow Airport forecast the…..

Government not planning to sell SAA: Finance Minister

South Africa‘s Minister of Finance Malusi Gigaba said the Government intends to retain ownership of South African Airways (SAA) (Business Report Online, 26-Oct-2017). Mr Gigaba stated: “SAA has…..

Qantas Group Q1FY2018 revenue up 5%, on strong domestic growth

Qantas Group released (26-Oct-2017) preliminary trading data for Q1FY2018: Group revenue: AUD4190 million, +5.1% year-on-year; Group revenue per ASK: +3.1%; Group Domestic revenue per ASK (comprising Qantas…..

Qantas Group domestic RASK up 8%, as resource market stabilises and capacity management continues

Qantas Group reported (26-Oct-2017) the domestic demand environment improved during Q1FY2018 due to stabilisation of conditions in the resources market and the impact in the prior year…..

Qantas buys-back USD115.5m of shares up to 23-Oct-2017

Qantas provided (26-Oct-2017) an update on its share buy-back scheme. On 25-Aug-2017, the carrier announced it would buy-back up to AUD373 million (USD287.2 million ) of…..

Nepal preparing ASA proposal with Australia

Nepal‘s Civil Aviation Ministry undersecretary Pramod Nepal said Nepal is preparing a proposal regarding an ASA with Australia, covering seven weekly services with any type of…..

ACCC aviation industry activities and enforcement for 2016-17

Australian Competition and Consumer Commission (ACCC) reported the following aviation sector activities for FY2016-17: Australian High Court found in Jun-2017 that price fixing agreements between Air New…..

Solomon Islands and the UAE sign visa free travel MoU

Solomon Islands and the UAE signed a visa free access wavier MoU, permitting nationals from each country to visit the other without a visa (Radio New Zealand, 24-Oct-2017).

Deutsche Lufthansa: Group network airlines all post EBIT improvements in first nine months of 2017

Deutsche Lufthansa AG reported (25-Oct-2017) the group’s network airlines generated total revenues of EUR17.7 billion for the first nine months of 2017, an increase of EUR1.1…..

Emirates to create ‘Aviation X-Lab’ in Dubai

Emirates announced (26-Oct-2017) plans to create the ‘Aviation X-Lab’ at ‘Area 2071’ in Dubai in cooperation with “a consortium of industry partners”. The facility will host…..