January 26, 2024

More articles from the category

January 26, 2024

Israel: El Al no longer flies to Johannesburg

The airline El Al has announced that it will no longer fly to South Africa from the end of March. The reason for this is the recent accusations of genocide from South Africa. The airline El Al has announced that it will no longer fly to South Africa, specifically to the capital Johannesburg, from the end of March. The reason given for this is the recent accusations of genocide from South Africa, which have led to a decline in demand on the route between Israel and South Africa.

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From Sharjah: Air Arabia flies to Athens

The airline Air Arabia plans to launch a new connection to Greece in the summer. Flights to Athens are planned. The airline Air Arabia plans to launch a connection between Sharjah and Athens in the summer of 2024, as the Aero Routes portal reports. The airline plans to launch the route on June 28, 2024 and operate it four times a week. The flights to Athens will be operated with Airbus A320 aircraft.

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USA: Southwest flight attendants vote to strike

A flight attendant strike is looming at the US budget airline Southwest Airlines. The Transport Workers Union has already held a ballot among its members. According to the statement, it represents around 20.000 flight attendants who fly for Southwest Airlines. They are said to have voted in favor of industrial action with a 98 percent majority. If a call for work stoppages is actually made, this would be a first in the union's history.

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Next week: Toki Air makes its debut

The Japanese airline Toki Air will celebrate its debut next week. The airline offers regional flights within Japan. The Japanese airline Toki Air plans to make its first flight next week. The airline's focus is on regional flights in Japan, as the first route it has started shows. The Niigata-Sapporo route will start on January 31, as the Aero Routes portal reports. The first flight will be carried out with an ATR72-600.

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Statistics: Most tourists to Vienna come by plane

Last year, 39 percent of tourists to Vienna arrived by plane. 31 percent took the train, 23 percent used their own car and the rest used other means of transport. Growth is said to have been recorded particularly in the area of ​​trains. "Vienna, as the medium-sized capital of a small country, can only succeed in terms of tourism and the economy as a whole through its connections to international transport routes. Vienna will continue to be a globally connected city in 2024. Without our two home carriers, Austrian Federal Railways and Austrian Airlines, Vienna's success would be many times less," says Norbert Kettner, Head of Vienna Tourism. "Traveling to Vienna by train is becoming increasingly popular, especially in the tourist sector," explains Klaus Garstenauer, CEO of ÖBB Personenverkehrs AG. In 2023, ÖBB recorded 2019% more long-distance travelers compared to the previous record year of 22. Rail traffic between Germany and Austria is also increasing particularly strongly. "That's why we are continuously expanding our international offering. In Germany, we are offering new day connections to Berlin and Hamburg. The new generation Nightjet will serve the Vienna-Hamburg line as its first destination and will appeal to new customer segments for train travel. In addition, the new Nightjet trains will also be running on the connection between Bregenz and Vienna from spring 2024," says Garstenauer.

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American Airlines predicts a successful 2024

The US airline American Airlines achieved record sales in 2023. The profit expectations for 2024 are impressive, as the rise in the share price shows. The American airline American Airlines achieved record sales in 2023. This is mainly due to the increased ticket prices and the fall in fuel costs. Last year, the airline generated sales of 53 billion dollars, which corresponds to a surplus of 822 million dollars, as the portal Aero.de reports. The profit prospects for 2024 also look good, with American Airlines shares recording an increase of five percent.

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Roberta Neri joins the Ryanair supervisory board

Effective February 1, 2024, former ENAV CEO Roberta Neri will join the supervisory board of Ryanair Holdings plc as a so-called non-executive director. Roberta Neri is the former CEO of ENAV, the Italian air navigation service provider, where she led the IPO on the Italian stock exchange. Before that, she was CFO of ACEA, one of Italy's largest utility companies. "We are delighted that Roberta Neri has accepted our invitation to join the Supervisory Board of Ryanair Holdings plc from February 1, 2024. Roberta Neri brings considerable experience in aviation, regulation and business to this role. We look forward to Roberta, a senior Italian business personality, making an important contribution to our Supervisory Board as Ryanair offers more low-cost flights and sustainable growth across Europe over the next decade," said Ryanair Chairman Stan McCarthy.

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Norwegian expects higher annual profits

The low-cost airline Norwegian Air Shuttle performed much better last year than management had originally forecast. It is expected that it will be able to report a profit of the equivalent of 2023 million euros for the 190 financial year. This would be due in particular to the fact that it was able to sell significantly more flight tickets than expected in November and December 2023. It also received compensation payments for delayed deliveries of aircraft and was able to settle the legal dispute with its former subsidiary Bank Norwegian. Lower kerosene prices and favorable developments in exchange rates have prompted management to raise its profit forecast.

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Athens Airport receives listing on the stock exchange

The planned IPO of the Greek capital airport has taken an important step forward, as the Athens Stock Exchange has granted the necessary approval. The government intends to privatize around 30 percent via the stock exchange. First, there will be an offer to investors and existing shareholders. Repeated attempts have been made to list the airport on the stock exchange, but the project was then called off. Most recently because of the outbreak of the corona pandemic. Now all the conditions for listing on the stock exchange of the Greek capital are in place.

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City of Munich offers Lufthansa airport shares for sale

The city of Munich is considering reducing its stake in Munich Airport. The proceeds from the sale are to be used to build a new subway line in the city. The CSU and the Free Voters have spoken out in favor of this approach in the city council. The state capital of Bavaria currently holds 23 percent. The Free State holds 51 percent and the remaining shares are in the hands of the Federal Republic of Germany. The two parties envisage that 18 percent could be sold. "The shares will first be offered for sale to the Free State of Bavaria and the Federal Republic of Germany as well as Lufthansa AG. If they do not want to buy, the shares will be sold on the open market," a statement said.

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