ARC NEWS
ITA and Lufthansa to begin codesharing
February 26, 2025
ITA Airways' network will be linked with the other airlines of the Lufthansa Group through mutual codesharing. The group says over 100 new codeshare connections can be booked by both ITA Airways and the Lufthansa Group (Lufthansa, Swiss, Austrian Airlines, Brussels Airlines, Air Dolomiti) for flight dates starting with the summer 2025 schedule. With the start of the summer flight schedule on 30 March, selected ITA Airways flights will also operate under a flight number of Lufthansa, Swiss, Austrian Airlines or Brussels Airlines. These are both year-round, domestic Italian connecting flights from Rome-Fiumicino and international routes from Rome to Malta, Athens, Sofia and Tirana. Initially, this new codeshare offer with ITA Airways will cover flight routes within Europe. Once the codeshare program is fully implemented, ITA Airways passengers will be able to choose from over 250 destinations offered by the Lufthansa Group. "The integration of ITA Airways as part of the Lufthansa Group is progressing rapidly and now enables far-reaching advantages in the offering for our joint customers through code sharing," states chief commercial officer of Lufthansa Group, Dieter Vranckx.


​LOT profit dips as it targets rapid expansion
February 26, 2025
LOT Polish Airlines has posted reduced profits for 2024 on the back of heightened competition and weaker prices. The Warsaw-based carrier posted a zl806 million ($204 million) operating profit and a net result of zl689 million, a 27% decrease from zl1.1 billion in 2023. Passenger numbers rose by 700,000 to 10.7 million, as part of its ambition to reach 16.9 million in 2028. Seven Boeing 737 Max 8s, three Embraer 195 E-2s, and one first generation E195 joined it fleet over the period, bringing its total to 86 jets by end-December. It expects a further increase to 111 in 2028. LOT states that its operating margin held steady at 8.1% despite an increase in competition that drove weaker ticket prices. It attributes this to active network management, cost control and a move into the charter market. A total of 1.3 million charter passengers flew with LOT through the period, nearly a fifth more than 2023, while charter capacity rose by 11%. “LOT Polish Airlines is now larger and financially stronger,” states president Michal Fijol. “These are the foundations of our strategy, which we are consistently implementing.” Fijol was reinstated as the company’s chief executive earlier this month following an interim period in which he served as the management board’s proxy, informally leading the company. His LinkedIn profile shows that he was previously chief executive of the airline between June 2023 and December 2024. Fijol has been the chief architect behind LOT's medium-term expansion plan to expand its fleet by around half and passenger numbers by 65% between 2023 and 2028, in a bid to become the dominant full-service airline in Eastern Europe. LOT is entirely owned by the Polish government and does not publish full accounts.


China Southern cancels planned spin-off of logistics unit
February 25, 2025
China Southern Airlines has again cancelled a plan to spin-off China Southern Air Logistics, citing current market conditions. China Southern says in a Hong Kong stock exchange statement that it has decided to withdraw the plan to list the subsidiary on the Shanghai Stock Exchange " after thorough communication and prudent evaluation". It adds that the withdrawal will not have material impact on the company or its future strategic plans. China Southern first announced that it would spin the cargo unit off in September 2020, but later cancelled the plan to list 49% of its equity on the Shanghai United Assets and Equity Exchange. Then, in March 2023, it advised that its board had voted unanimously to seek a listing for China Southern Air Logistics on the main board of the SSE but gave no details on when it planned to complete the transaction. The Guangzhou-headquartered unit was established on 24 October 2018 out of the cargo department of China Southern. Fleets data shows that the core airline and China Southern Cargo operate a combined fleet of 18 Boeing 777-200LR freighters with one more on order. It operates 185 cargo flights per week, mainly from China to destinations including Frankfurt, Riyadh, Los Angeles and London Stansted.


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