All Strategy news – Page 109
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NewsRyanair sees small loss or breakeven for full year after tough first quarter
Irish budget carrier Ryanair is “cautiously” projecting a small loss or breakeven for the year to March 2022 after net losses widened to €273 million ($321 million) for the first quarter.
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NewsWestJet and Delta said to be resubmitting transborder JV application
Canada’s WestJet and Delta Air Lines reportedly intend to resubmit their plans for a transborder joint venture, eight months after the carriers pulled their last application to the US Department of Transportation (DOT). Speaking at a webinar sponsored by the International Aviation Club of Washington DC on 22 July, WestJet ...
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NewsAir Canada ‘ready to deal with’ Porter Airlines expansion
Air Canada is undaunted by regional carrier Porter Airlines’ plans to grab market share when it begins operating jet aircraft from Toronto’s Pearson International airport in 2022.
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NewsAir Canada ‘turning a corner’ as restrictions ease despite further heavy loss in Q2
Air Canada once again lost more than a billion Canadian dollars in the second quarter of the year as the airline continues to struggle to do business amid Canada’s ongoing travel strict restrictions.
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NewsOverture will have ‘fraction’ of Concorde’s fuel burn: United Airlines chief
Improved propulsion technology and a lower cruising speed will ensure the Boom Supersonic Overture significantly outperforms the BAC-Aerospatiale Concorde, according to United Airlines chief executive Scott Kirby.
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NewsQatar Airways brand enhanced by flying through pandemic: Al Baker
Qatar Airways chief executive Akbar Al Baker believes the airline’s brand has been enhanced by its high-level of activity through the pandemic.
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NewsGaruda domestic market share slips in 2020
Embattled Garuda Indonesia saw its domestic market share erode in 2020, as full-year traffic tumbled significantly amid the coronavirus pandemic.
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NewsLate-booking passengers mean network planning grief for airlines
Executives at three European carriers say travel rule confusion and hesitant travellers make it impossible to prepare for winter season
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NewsSouthwest is ‘delighted’ with recovery progress
Southwest Airlines is “very delighted” with the post-coronavirus crisis rebound in air travel and has not yet seen any indication that the more-contagious “Delta variant” has had any effect on business.
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NewsAlaska Airlines ‘on the path to profitability’
Alaska Air Group narrowed its loss in the second quarter of 2021, as passenger demand rose in line with the entire air transport industry.
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NewsGovernment aid pushes American to small second-quarter profit
American Airlines achieved a profit of $19 million in the second quarter of the year as the airline ramps up its operations in the face of dramatically increased leisure demand.
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Airline BusinessCovid-19 resurgence slams Australia’s domestic travel recovery
A surge in coronavirus infections in Australia is threatening to derail the country’s domestic air travel recovery momentum, as airlines cut capacity and warn of job losses.
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NewsAmerican ups pilot hiring targets due to rapidly increasing demand
American Airlines will hire 350 new pilots this year, up from 300, as the industry recovery accelerates following the year-long coronavirus crisis.
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NewsUnited ‘bullish’ about business and international travel rebound
United Airlines executives are “bullish” about the carrier’s post-coronavirus recovery trajectory, and expect the business travel segment to accelerate significantly in the coming months.
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NewsIndonesia’s Super Air Jet teases imminent launch
Super Air Jet, the new Indonesian carrier with links to Lion Group founder Rusdi Kirana, has hinted about launching flights “soon”, as it announced several domestic destinations it intends to serve.
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NewsCanada’s WestJet declines federal aid
WestJet, Canada’s second largest airline, says it is “not actively pursuing financial support from the federal government” to help it navigate through the Covid-19 crisis
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NewsAeromexico continues a steady recovery in Q2
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline continued steadily recovering from the coronavirus crisis during the second quarter of the year, as both domestic and international travel contributed to narrowing its financial loss.
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NewsUnited's Q2 ‘exceeded expectations’ as business travel returns
United Airlines says its second quarter results “largely exceeded original expectations” as business and international travel began to make a stronger return in addition to leisure travellers’ run on tickets for the beginning of the summer holiday travel period.
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NewsEasyJet turns to EU network as it lifts capacity to 60% for key summer months
European low-cost carrier EasyJet expects to fly 60% of its pre-crisis capacity in the three months ending 30 September after operating less than a fifth of capacity in the previous quarter.
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NewsAuditors cast ‘significant doubt’ over Garuda’s survival
Auditors have raised “significant doubt” over Garuda Indonesia’s ability to continue as a going concern, after the beleaguered flag carrier plunged to a record full-year loss.