All Strategy news – Page 111
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Airline BusinessLow-cost players raise pressure in ‘groundhog day’ Italian market
Low-cost carriers may already hold a strong grip on the short-haul European market from Italy, but it is not stopping them from expanding their presence this summer.
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NewsCanada’s Porter to restart flights in September with federal aid
Porter Airlines intends to resume operations on 8 September, following months of delays as the regional carrier watched for signs that Canada would loosen travel restrictions and that demand for flights would return.
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Airline BusinessCorporate customers help airlines on journey to affordable sustainable fuel
Amid a profound shift towards sustainability in the wider economy, airlines are getting a helping hand from an unlikely source to help them pay for pricey sustainable aviation fuel
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NewsIndonesia AirAsia suspends all flights as tightened restrictions kick in
Indonesia AirAsia will suspend all scheduled flights across its network for a month, as Indonesia tightens restrictions on the islands of Bali and Java to curb the spread of coronavirus.
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NewsJetstar Japan names new chairman
Jetstar Japan has appointed Nick McGlynn as its new chairman, replacing Yasuhiro Nakamura, who retired on 30 June.
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Airline BusinessAirline Business Friday Briefing: Early call for aircraft orders
This is an industry that has to both plan for and bet on future demand, and while United’s order may feel like a resumption of business as usual for airlines, the reality is that the here and now remains firmly in crisis.
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Airline BusinessWhy airlines are worried about passenger-processing times at airports
In a twist that seems unfair given the dreadful time the industry has had over the past 16 months or so, there exists a genuine risk that even a minor uptick in traffic in some markets might threaten to overwhelm the passenger-processing capacity at airports.
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NewsCyprus Airways unveils new ownership and chief executive
Cyprus Airways has been acquired by Malta’s SJC Group and has named George Mavrocostas as its new chief executive.
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Airline BusinessNetwork reach and touchless travel bring alliances to the fore
If in recent years the fashion for joint-venture partnerships has cast doubts over the relevance of the major global airline alliances, the pandemic in many ways underlines the basic value the global groupings can offer to their member carriers.
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NewsIndian low-cost carrier Go First faces delay in IPO
Indian low-cost carrier Go First — formerly known as GoAir — hit a roadblock in its planned market listing, with the securities and exchange regulator temporarily halting the airline’s IPO.
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NewsJAL fortifies low-cost strategy with Jetstar Japan, Spring Japan investments
Japan Airlines will make additional investments in two of its three low-cost units, Jetstar Japan and Spring Japan, as it looks to build up a low-cost network centred around its Tokyo Narita hub.
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NewsSpiceJet to raise Rs25 billion as loss-making streak continues
Indian low-cost carrier SpiceJet will raise Rs25 billion ($336 million) to beef up its war chest against the coronavirus pandemic, which has battered its profitability.
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NewsAlaska aims to become ‘most fuel-efficient’ US airline: CEO
Alaska Airlines is aiming to become the most fuel-efficient US airline in the next five years, the airline’s chief executive says.
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NewsRavn Alaska considering using 757s to launch new operation: reports
Alaskan regional airline Ravn Alaska is reportedly considering a major expansion, using Boeing 757s to launch flights from its home state to Asia and the contiguous USA.
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Airline BusinessWill Europe’s airlines see a strong recovery in the second half of 2021?
As the second quarter draws to a close, there are signs that the second half of the year holds more promise for short-haul travel at least
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Airline BusinessHow crisis has encouraged Romania’s Blue Air to think big
Chief executive Oana Petrescu explains how crisis has given the low-cost carrier an unprecedented opportunity at primary airports and to accelerate its fleet renewal plans
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NewsKorean Air on track for Asiana acquisition
Korean Air has cleared another milestone in its acquisition of Asiana Airlines, with state-backed Korea Development Bank (KDB) approving the carriers’ integration plan.
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NewsVietJet to raise 15% of charter capital and $300m in bonds
VietJet’s shareholders have approved a private shares placement for up to 15% of its charter capital and a $300 million bond offering.
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Airline BusinessUnited’s fleet renewal plan cements CEO Kirby’s legacy
In addition to disclosing an order for 270 more Airbus and Boeing narrowbodies on 29 June, Kirby says United’s focus has shifted toward strengthening its presence in large markets – and less on small markets. United has also recently committed to acquiring electric air taxis and supersonic jets, and pledged to invest in sustainable aviation fuels (SAF).
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NewsUnited orders 270 Airbus and Boeing narrowbodies, plans to retire 200 50-seat jets
United Airlines has placed orders for a combined 270 Airbus and Boeing narrowbody jets, including 200 737 Max and 70 A321neos – a pair of massive deals that signal that the US airline industry is recovering from the Covid-19 pandemic.