All Strategy news – Page 192
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News
Qantas aims for 'net zero' carbon emissions by 2050
Qantas has become the second major carrier group to announce a target of "net zero" carbon emissions by 2050 as part of "a major expansion of the airline's commitment to a more sustainable aviation industry".
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Indonesia's Citilink commences freighter service
Indonesia's Citilink has commenced freighter services using a Boeing 737-500 on 10 November.
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Alliances 'poor substitute' for true mergers: IAG's Walsh
IAG chief Willie Walsh believes airline alliances are still relevant, owing to restrictions in the air transport industry, but that true corporate mergers are a much more preferable course.
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American pushes 737 Max service re-entry to March
American Airlines has taken the grounded Boeing 737 Max out of its schedule until 5 March 2020. The announcement comes following Southwest Airlines' statement earlier in the day that it too would delay scheduling the aircraft until early March.
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IAG needs to rationalise its multiple airline brands: Walsh
IAG has indicated that it is looking at rationalisation of its multiple airline brands, although it intends to maintain the name of its latest acquisition prospect, Air Europa, at least initially.
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IAG's Walsh vows to retire within two years
IAG chief executive Willie Walsh plans to retire within the next two years from his post at the helm of the British Airways and Iberia parent company.
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Jet2 buys Thomas Cook slots at trio of UK airports
UK budget airline Jet2 has purchased slots previously by defunct leisure operator Thomas Cook at Birmingham, Manchester and Stansted airports.
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IAG's Walsh highlights environmental dilemma over tankering
IAG chief Willie Walsh has highlighted the conflict between operational, economic and environmental considerations arising from the policy of tankering fuel.
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Air cargo records eleventh straight month of demand decline: IATA
Air freight demand remains weak, IATA reports in its September 2019 figures.
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IAG pulls back capacity growth forecast
IAG is cutting its medium-term capacity growth targets, slashing the figure to 3.4% per year for 2020-22 from its previous level of 6% for 2019-23.
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SriLankan Airlines targets network growth
SriLankan Airlines is looking to expand its network to parts of Asia-Pacific and Europe, as it makes progress on reducing financial losses under its turnaround plan.
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HK Express to take half of Cathay Dragon’s A321neo orders
Hong Kong low-cost carrier HK Express will take 16 of 32 Airbus A321neos scheduled for delivery to sister carrier Cathay Dragon.
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Kumho set to announce Asiana buyer
Kumho Industrial expects to announce the buyer of its 31.05% stake in Asiana Airlines soon.
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Australian watchdog allows Virgin carriers to deepen ties
The Australian competition watchdog has given its official approval for Virgin Australia to co-operate with Virgin Atlantic on flights between Australia and the UK and Ireland, via Hong Kong and Los Angeles.
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New Swiss airline FlyBAIR launches crowdfunding campaign
Initiators of a new regional “peoples’ airline” to be based in Switzerland’s capital Bern, have started a crowdfunding campaign to launch it ahead of the 2020 summer holiday travel season.
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Azul proposes JV with TAP to shareholders
Brazil’s low-cost carrier Azul has proposed a joint venture with Portuguese flag carrier TAP Air Portugal to its shareholders as it looks to gain a greater foothold in the transatlantic travel market, the company says in its investor update on 7 November.
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Airline BusinessClimate tightens in third quarter for European airlines
Third quarter results and commentary from Europe’s major airline groups illustrate the tighter markets in which they are operating in as softer yields and the sharp decline in air cargo demand curb profits for airlines in the region.
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Alaska Air's Beck becomes COO, Minicucci remains president
Alaska Air Group has made several high-level management shifts, including splitting the president and chief operations officer (COO) role into two positions. Ben Minicucci, who formerly was Alaska's president and COO, has now taken the single title of president, Alaska says.
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Air Arabia eyes expansion with new order and Abu Dhabi unit
While many carriers in the Middle East are adjusting to slowing growth environment, the pace of activity is rising at low-cost carrier Air Arabia.