CAPA
The latest analysis from CAPA
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Latest posts
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Europe’s aviation growth is shifting south and east as geopolitics redraws the map
Europe's aviation system has demonstrated considerable resilience in 2026, setting a new daily traffic record during the summer despite geopolitical disruption, higher fuel costs and a weaker economic outlook. Yet the headline figures conceal a fundamental change in the…
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Aviation's sustainability journey – the decarbonisation clock is ticking louder
The year 2026 is set to be a record-breaking year for aviation. Even with the recent Middle East crisis and the operational and fuel supply disruption accompanying it, airlines are on track to break new records around passengers and aircraft kilometres flown. Unavoidably, this…
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Video of the week: Beyond the beach – unlocking the Caribbean’s aviation potential
The Caribbean's aviation ambitions are inseparable from its geography. Island economies depend on air services to connect communities, support tourism and trade, and link businesses to international markets. Yet the infrastructure underpinning that connectivity must contend with…
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Korean Air-Asiana merger nears completion: part two – deal causes seismic shift in market landscape
The upcoming completion of the merger between Korean Air and Asiana has significant market implications, not just for Korean Air and its subsidiaries but also for other South Korean carriers. The new-look Korean Air will obviously have greater network and fleet scale, and a…
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New Western Sydney Airport is open but let down by inadequate surface connections and fuel supply
The freshly opened Western Sydney Nancy-Bird Walton International Airport (WSI) has been almost six decades in the planning and execution, long enough to see the need for a rail link to and from central Sydney. But one is not yet built, leaving passengers (and airlines) with the…
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Fuel prices zap American Airlines' profits while rivals maintain financial stability
Hopes by American Airlines of remaining profitable in 2026 have been quashed by soaring few prices. But it's largest competitors in the US market - Delta Air Lines, Southwest Airlines and United Airlines -are on a course to remain profitable this year in the face of fuel…
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As the UK government casts doubt on London Heathrow expansion Birmingham ups its game
The appointment of Andy Burnham as the British Prime Minister in Jul-2026 has implications for the nation's airport system. As CAPA - Centre for Aviation has already pointed out he is a strong advocate of regional economic growth as a major plank of his domestic policy and that…
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Korean Air-Asiana merger nears completion: part one – CEO discusses path to approval and fleet moves
After six years of toiling through multiple regulatory processes, Korean Air is finally preparing to cross the finish line in its merger with former rival Asiana Airlines. The two carriers are due to formally combine under the same air operator certificate (AOC) on 17-Dec-2026.…
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Growth under pressure: aviation's new test is capacity discipline
Global economic growth remains resilient, but airlines are becoming less confident that resilience will translate into profitable expansion. The International Monetary Fund expects global GDP growth to improve from 3.1% in 2026 to 3.4% in 2027. Yet inflation, geopolitical…
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After reaching a level of maturity, Breeze now needs to achieve sustained profitability
Over the course of five years, US carrier Breeze Airways has built up a fleet of roughly 60 Airbus A220s and developed a network of more than 300 year-round and seasonal routes to 95 destinations that are largely point-to-point. A majority of its routes don't have nonstop…
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Lufthansa pays premium to beat Air France-KLM to strategic stake in TAP Air Portugal
Lufthansa Group is the Portuguese government's chosen strategic partner to acquire 44.9% of TAP Air Portugal. Lufthansa offered EUR1.025 billion for the stake, a sum that exceeded Air France-KLM's rival offer by 16%. The price could rise to EUR1.2 billion for a 49.9% stake,…
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Video of the week: Latin America and the Caribbean's place in the new geography of global aviation
Leisure travel remains important, but growing visiting-friends-and-relatives traffic, expanding premium demand and evolving economic conditions are broadening the appeal of travel to, from and within Latin America and the Caribbean. Airlines are reassessing long-haul markets,…
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AENA Brasil’s investments to pave way for international route expansion at its Brazilian airports
AENA Brasil, the subsidiary of the giant Spanish airport operator, has commenced operation of Rio de Janeiro Galeão International Airport, its 18th in the country and the third in a series of concessions in which it has engaged since 2019 in Brazil. As such AENA Brasil has…
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AI: From Artificial Intelligence to Automated Impact – aviation enters the age of the agent
AI is rapidly moving beyond the era of experimentation. For aviation and travel, the question is no longer whether artificial intelligence can produce impressive answers, generate content or analyse vast quantities of data. The more important question is what happens when AI…
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Biman’s Boeing and Airbus purchases raise unrealistic hopes of Dhaka becoming an international hub
Neither Bangladesh Biman Airlines nor Dhaka's Hazrat Shahjalal International Airport have made any great impression on the world stage with both of them mainly helping ferry Bangladesh nationals around the country or to foreign lands for work. But all that might change as Biman…
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Women airline pilot numbers still mid single digit percentage: benefits foregone
Globally, women account for only c.5%-7% of airline pilots. This percentage is growing, but it remains below women's share of other roles in airlines. Women occupy double digit percentages of technical jobs and senior leadership roles and a high single digit percentage of CEO…