newstodate.aero
Sep 27, 2019 (newstodate): Air Greenland has seen the volume of charter flights down during H1, 2019, causing red figures in the report.
On the other hand, the volume of flights on scheduled routes has grown and this to some extent out-balanced the end-result for the period, and the carrier now expects the full-year results in 2019 to be comfortably in the black.
During H1/2019, Greenland's self-rule government acquired the last remaining shares from SAS and the carrier is thus now fully on Greenlandic hands.
The carrier has recently been in the market for a new charter manager to seek ways to increase this business area, but over-all Air Greenland is facing tough decisions as to its future fleet and route planning after the opening of two new international airports by 2023.
While this may bring new opportunities for Air Greenland, it will also potentially open the market for competition from foreign carriers.
In the fleet of Air Greenland is only one Airbus A330 aircraft that will need replacement in the near future.
On the other hand, the volume of flights on scheduled routes has grown and this to some extent out-balanced the end-result for the period, and the carrier now expects the full-year results in 2019 to be comfortably in the black.
During H1/2019, Greenland's self-rule government acquired the last remaining shares from SAS and the carrier is thus now fully on Greenlandic hands.
The carrier has recently been in the market for a new charter manager to seek ways to increase this business area, but over-all Air Greenland is facing tough decisions as to its future fleet and route planning after the opening of two new international airports by 2023.
While this may bring new opportunities for Air Greenland, it will also potentially open the market for competition from foreign carriers.
In the fleet of Air Greenland is only one Airbus A330 aircraft that will need replacement in the near future.