Air Peace plans to launch five times weekly Lagos-London Gatwick service from the end of Mar-2024 with Boeing 777, according to OAG and the CAPA Route Changes Database. The carrier will be the sole operator on the route.
The lead event in CAPA’s 2024 global summit series, the Airline Leader Summit - Airlines in Transition examines the most challenging aspects of the global aviation recovery as air travel exits the pandemic era.
CAPA returns to North America in 2024 with the CAPA Airline Leader Summit – Americas. To be held in Calgary (Canada) over 9-10 May 2024, the summit will provide unparalleled insight into the strategic landscape of a region that is of vital importance.
Antonoaldo Neves was appointed Group Chief Executive Officer of Etihad Aviation Group in October 2022. Antonoaldo was previously CEO and Board Member of TAP, the national airline of Portugal, where he was responsible for leading a major turnaround that contributed significantly to the development of tourism in Portugal. Before this role, he was President of Azul Airlines in Brazil, which he led to a successful initial public offering on the New York Stock Exchange. Antonoaldo was also a partner at McKinsey & Company, where he developed the long-term plan for the aviation sector in Brazil. Beginning his career as a civil engineer, Antonoaldo holds a Master of Business Administration degree from the University of Virginia’s Darden School of Business and a Master’s Degree in Corporate Finance from the IAG Business School at PUC-Rio.
Akasa Air announced (16-Feb-2024) plans to commence four times weekly Mumbai-Doha service with Boeing 737 MAX 8 equipment on 28-Mar-2024. This will be the LCC's first scheduled international service. Air India, IndiGo, Vistara and Qatar Airways also operate the route, according to OAG. [more - original PR]
European Commission approved (13-Feb-2024) Korean Air to proceed with plans to acquire a controlling stake in Asiana Airlines and subsequently merge the two airlines, subject to the airline implementing the following measures to address competition concerns:
- Korean Air will divest Asiana Airlines' global freight business, including freight aircraft, slots, traffic rights, flight crew and other employees. The Commission noted: "Korean Air can only implement the acquisition of Asiana following the Commission's approval of a suitable buyer for the cargo divestment";
- Korean Air will assist rival airline T'way Air to commence services connecting Seoul to Barcelona, Paris, Frankfurt and Rome, including providing slots, traffic rights and access to required aircraft. The Commission stated: "Korean Air has committed not to complete the merger until T'way has started operating on the four overlap routes".
As previously reported by CAPA, the airline submitted requests for regulatory approval for the Asiana acquisition from antitrust authorities in 14 countries in Jan-2021. It has received approval from authorities in 13 countries, including Australia, Singapore, the UK, China and Japan, and is still awaiting approval from authorities in the US. [more - original PR] [more - original PR - Korean - II]
Japan Fair Trade Commission (JFTC) approved (31-Jan-2024) Korean Air to proceed with plans to acquire a controlling stake in Asiana Airlines and subsequently merge the two airlines. The JFTC "requested for Korean Air to submit remedies on select routes between Korea and Japan where the combined market share of Korean Air, Asiana Airlines and its respective subsidiaries (Jin Air, Air Busan and Air Seoul) would limit competition", and "concluded that five of the 12 overlapping routes on the network were not subject to competition review". The airline "decided to cede a limited number of slots on seven routes, should 'remedy takers' decide to operate on them", with the routes comprising Seoul to Osaka, Sapporo Chitose, Nagoya Chubu and Fukuoka, as well as Busan to Osaka, Sapporo Chitose and Fukuoka. As previously reported by CAPA, the airline submitted requests for regulatory approval for the Asiana acquisition from antitrust authorities in 14 countries in Jan-2021. It has received approval from authorities in 12 countries, including Australia, Singapore, the UK and China, and is still awaiting approval from authorities in the US and the EU. [more - original PR] [more - original PR - II - Korean]
Japan Airlines (JAL) announced (29-Jan-2024) plans to commence deployment of A350-1000 equipment on Tokyo Haneda-Dallas Fort Worth and Tokyo Haneda-London Heathrow services in 2024. As previously reported by CAPA, JAL took delivery of its first and second A350-1000s (JA01WJ, MSN 610 and JA02WJ, MSN 628) in Dec-2023 and commenced deployment of A350-1000 equipment on twice daily Tokyo Haneda-New York JFK service on 24-Jan-2024, replacing Boeing 777-300 equipment on select frequencies. JAL's A350-1000s are configured with 239 seats, comprising six first class seats, 54 business, 24 premium economy and 155 economy. [more - original PR]
CAPA - Centre for Aviation, in a report entitled: 'Airline sustainability disclosure still lacking on a global scale', stated (17-Jan-2024) the aviation industry generally is still doing a poor job when it comes to reporting and disclosures on environmental metrics such as fuel use, greenhouse gas emissions and sustainable aviation fuel uptake. The quality and clarity of sustainability reporting varies widely between airlines and there is little standardisation concerning the level of disclosure or the metrics used. The 2023 edition of the CAPA-Envest Sustainability Benchmarking and Rating Report shows that while there has been some improvement in public reporting by airlines, measuring and comparing environmental performance between airlines remains a difficult task. Just five airlines or airline groups in the latest report achieved a full five out of five for disclosure of key performance indicators. 23 airlines received a disclosure score of zero. [more - CAPA Analysis] [more - CAPA-Envest Report]
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This report aims to benchmark the performance of the world’s major airlines – to understand their relative carbon emission quantity and intensity with respect to passenger and freight transport.