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Airline failures – How to be protected from them?
The subject regularly comes up in the news as soon as a new bankruptcy is pronounced against an airline. This time, it is the case of Air Belgium, which will leave 11,000 customers without a solution unless they buy a ticket on another carrier. And even since 2023, a prosperous year if ever there was […]
The power of the unions weakens carriers
The American manufacturer certainly didn’t need this. A major Boeing union, IAM, with its 30,000 members, has just launched a strike that could be short-lived if management accepts the demanded wage increases for a return to work. Jon Holden, the head of IAM Boeing, aims to take advantage of the manufacturer’s current weakness to quickly […]
Towards the end of low-cost airlines?
Last June, an event went a little unnoticed and yet it marks an important change in the air transport sector. The activist fund Elliott Investment Management has invested $1.9 billion in Southwest Airlines, which represents a little more than 10% of the capital, with the aim of getting rid of the current management, which in […]
Back to basics
Over the past 25 years, we have seen a huge wave of outsourcing in air transport. This allowed them to grow faster without incurring the associated fixed costs. As a result, airlines have gradually abandoned a large part of their activities such as catering, aircraft cleaning, ramp handling, check-in counters, and even airport lounges. However, […]
The best airlines
Air transport has regained its previous colours, and the results for 2024 will be historic, even if the wall of 5 billion passengers and 1,000 billion in revenue will not be broken this year. It will probably be very close. And the growth continues without us knowing very well where it will stop. Gulf airlines […]
Air transport – fare madness
Air travel was built on two fundamental principles: first, to move passengers and cargo from one point of the world to another safely. This is what he has managed to do, because he strives for excellence. Plane crashes and even incidents are becoming increasingly rare. In 2023, scheduled airlines recorded only one fatal accident: Yeti […]
Survivors
Air travel is full of ups and downs, even though it has grown almost steadily at 5% per year since the end of the Second World War. It was built by airlines that developed an international system of cooperation between carriers and relentless search for safety, well helped by manufacturers and managing authorities of this […]
The return of wide-body aircraft
They were said to be obsolete, too expensive to operate, too CO² consuming, and too old, in short, they had all the defects. For decades, they were the only ones that could be operated on distant destinations. To cross the oceans, twin-engine aircraft needed an ETOPS rating (Extended-range Operations by Twin-Engine airplanes), i.e., the number […]
Air transport can say thank you to covid
Let’s assume that we are out of the nightmare of the pandemic since China has just dropped its barriers. It is the last country after being the first to close its borders. Vaccines are effective and the vast majority of populations are now protected. And finally, air transport is not doing so badly, and we […]