All Strategy news – Page 133
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NewsAustrian to start 767 phase-out in March
Austrian Airlines is preparing to retire Boeing 767s as part of a wider fleet-reduction effort.
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NewsQatar Airways will only retain half of its A380 fleet
Qatar Airways will only operate half of its A380s at best if it brings the widebodies back into service, according to the airline’s chief executive Akbar Al Baker.
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NewsTransat rejects takeover bid from billionaire investor
Transat AT, the parent of Canadian holiday specialist Air Transat, is publicly rejecting an unsolicited potential takeover bid as the company waits for regulatory approval of its sale to Air Canada
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NewsUS DOT clears planned American-JetBlue partnership: airlines
JetBlue Airways and American Airlines say the US Department of Transportation (DOT) has cleared their planned strategic alliance, despite low-cost carriers warning that the tie-up may stifle competition.
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NewsCanada names new Transport Minister
Canada has named a new Minister of Transport in a cabinet reshuffle as the country’s airline industry continues to suffer from the effects of the global coronavirus crisis
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NewsJet2 suspends flights until late March
UK airline Jet2 is extending its suspension of all flights up to and including 25 March because of the “ongoing uncertainty and travel restrictions caused by the Covid-19 pandemic”.
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NewsAeromexico terminates collective bargaining agreements with pilots, flight attendants
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, Aeromexico, has requested to terminate its collective bargaining agreements with its pilots’ and flight attendants’ unions, as it struggles to continue operating through the ongoing global coronavirus pandemic.
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NewsSpirit, Southwest reiterate concerns about JetBlue-American partnership
Spirit Airlines and Southwest Airlines have “serious competitive concerns” about the planned strategic partnership between JetBlue Airways and American Airlines.
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NewsPorter Airlines delays restart to 29 March
Canada’s Porter Airlines has once again delayed resuming flights, and is now targeting a date more than one year after it shut down due to the global coronavirus crisis.
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NewsEasyJet raises $1.9 billion partially guaranteed loan
EasyJet has raised a $1.87 billion loan which is partially guaranteed by the UK’s export-credit agency. The five-year loan is underwritten by a syndicate of banks, says the low-cost carrier, and supported by a partial guarantee from UK Export Finance under its export development guarantee scheme. Source: Shutterstock ...
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NewsLatin American aviation groups urge roll back of flight bans and new travel restrictions
The Latin American and Caribbean aviation industry is urging governments in the region to roll back newly imposed travel restrictions, including Covid testing requirements and flight bans on certain routes.
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NewsStudents flock to some US flight schools despite aerospace industry woes
Evidence suggests that student pilots continue streaming into US flight schools despite the Covid-19 pandemic having left the world’s airline industry scrambling to survive.
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NewsWestJet cuts more staff and flights, citing Canadian travel restrictions
Canadian low-cost carrier WestJet is laying off more employees and cutting its already pared network by another third, citing government travel restrictions.
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Airline BusinessDoes shift towards pre-flight Covid-19 testing spell disaster for airlines?
The tightening of border controls is an emerging theme in the early days of 2021, as governments react to concerns about new variants of Covid-19 and soaring infection rates in many regions.
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NewsOnline travel agency sues JetBlue for 'unfair fare practices'
An online travel agency group is suing low-cost carrier JetBlue Airways for removing its flights from the external travel portals, forcing customers to book more expensive fares through the airline’s own website.
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NewsAir travel demand flatlined in November: IATA
Air travel demand remained sharply down in November, IATA’s latest industry statistics show, as resurgent Covid-19 cases and renewed travel restrictions battered passenger confidence.
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NewsAir cargo volumes to reach 2019 levels by March or April: IATA
Global air cargo volumes sank more than 6% year on year in November, but remain on track to return to 2019 levels by March or April, according to IATA.
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NewsTunisair names Hamdi as new chief executive
North African carrier Tunisair has appointed Olfa Hamdi as its new chief executive, replacing Elyes Mnakbi, who left the state-owned airline in July 2020.
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NewsThai Airways gets extra month to submit restructuring plan
Thai Airways International has been granted a one-month extension of the deadline to submit its rehabilitation plan which will outline how its business will be restructured.
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NewsKorean Air moves closer towards Asiana acquisition
Korean Air has gained approval from its shareholders to amend its articles of association to help finance its planned acquisition of compatriot Asiana Airlines, moving the carrier a step closer to taking over its rival.