A continued positive development for passenger demand with 18 million passengers traveling with SAS so far in fiscal year 2024 (Nov 2023 – July 2024), a 6.5 percent increase from the same period in fiscal year 2023.The SAS EuroBonus program now has almost 8 million members and continues to be the leading loyalty program in Scandinavia.SAS recorded its highest-ever monthly profitability in July 2024, demonstrating steady progress in achieving the targeted annual cost reduction of approximately SEK 7.5 billion in the SAS FORWARD plan.
29 August, 2024
SAS emergence from restructuring proceedings
Jet2 and Jet2CityBreaks launch first ever Christmas Markets programme from Bournemouth Airport for Winter 25/26
Air France-KLM buys 19.9% of SAS
Omni Air International partners with New England Patriots
Aviation Capital Group delivers a Boeing 737-9 MAX to United Airlines
New Air India service linking Bangalore with London Gatwick.
Strong air cargo demand grows in July
Several factors in the operating environment should be noted:
July Regional Performance
Poland and Lockheed Martin celebrate the debut of Poland's 1st F-35A "Husarz"
Diehl Aviation celebrates the beginning of construction in Mexico
Michael O'Leary wants a two drink limit for every passenger at airports.
Qatar Airways Acquires 25 per cent Stake in Airlink
The investment will further cement Qatar Airways’ position as a key driver in realising economic and business potential on the African continent.
Condor gets another new Airbus A321neo from ACG
London Gatwick reports strong start to 2024
London Gatwick reports strong start to 2024
The continued collaboration with partners and the hard work of front-line colleagues has supported London Gatwick's continued recovery and delivered a successful start to the year, the airport said when publishing its interim financial results.
2024 interim results include:
- 19.9 million passengers travelled through the airport, an increase of 7.7% compared to the same period in 2023
- Revenue at £488 million, up 15.3% compared to 2023. Includes £239 million in aeronautical income and £249 million from non-aeronautical sources, such as retail and parking
- EBITDA at £268 million, up 13.9% compared to 2023, with net profit for the period at £106 million, up 33.8%
Stewart Wingate, Chief Executive Officer, London Gatwick, said: “With the growing demand for travel, we are experiencing one of our busiest summers yet. Thanks to robust planning and close collaboration with our partners we’ve had a strong start to 2024, ensuring a reliable and enjoyable experience for our passengers.“I am delighted that we have once again achieved good service levels, as evidenced by meeting 100% of our service measures. At the same time, through our Northern Runway Project, we are demonstrating our commitment to growing sustainably, in line with our Decade of Change sustainability strategy and government policy.
“Our teams have worked incredibly hard to achieve these results. As we continue to grow our network and offer more choice for passengers, we are working towards our vision to be the airport for everyone, whatever your journey.”
Strong financial performance as traffic continues to grow
A focus on developing new long-haul routes across the Middle East, Asia and North America is attracting a wider range of passengers and continues to build on the airport’s vision to be the airport for everyone. Recent new services include the June introduction of Singapore Airlines flights from London Gatwick plus new routes by flag carriers to key cities across China and India.