At least one investor analyst seems to be buying into the rosy financial picture American Airlines CE Doug Parker painted last week. Jonathan Cooper at Seeking Alpha says he expect revenues at American to grow about 4% over the next 5 years. While that may not sound overly impressive, revenues at American declined 5.8%, from US$42.6b to $40.2b, between 2014 and 2016. During the first half of 2017, revenues rose 4.7% compared with the same period in 2016, the article points out. The airline is reinvesting money into its fleet and transitioning toward larger, more fuel efficient airplanes with more seats, which should increase revenue over the next 5 years. American's fleet will be 10% more fuel efficient in 2021, based on fuel gallons used per available seat mile. <br/>
oneworld
Finnair will open new routes from its Helsinki hub to Norway's Bergen and Tromsø in May 2018, as a part of its continuing growth strategy. The routes will be operated by Norwegian regional airline Widerøe, and the flights will be sold and marketed by Finnair. Beginning May 15, 2018, Widerøe will operate a daily Bergen-Helsinki Finnair flight, with a new Embraer 190-E2. The flight’s schedule will connect to Finnair’s Asian services as well as to Finnair’s European network. Finnair also continues to fly to Bergen via Stockholm. Finnair recently announced it would increase capacity 24% to German destinations beginning March 26, 2018, and add 14% more capacity to popular European and Asian Routes from summer 2018. <br/>