All Strategy news – Page 195
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News
Southwest takes $210m Max hit in Q3, expects another knock in Q4
Low-cost carrier Southwest Airlines says it lost $210 million in revenue during the third quarter as a result of the Boeing 737 Max grounding since March, and expects the loss to be higher in the fourth quarter due to the reshuffling of aircraft and schedule for traditional holiday season-related travel.
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All-Airbus Jazeera open to Boeing switch: chief
Kuwait's Jazeera Airways is not ruling out a complete switch of aircraft type to the Boeing 737 Max as part of its development plan.
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American expects 737 Max grounding cost to rise to $540m
American Airlines expects its total cost for the grounding of the Boeing 737 Max to be about $540 million in pre-tax earnings in 2019, up from a previous estimate of $400 million.
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Jazeera rethinks model options for long-haul partnership
Kuwait's Jazeera Airways is examining alternative partnership strategies to broaden its long-haul reach, having backed away from earlier exploration of a joint venture.
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Jazeera hints at Manchester if new London route performs
Kuwaiti budget carrier Jazeera Airways is to examine Manchester as a second UK route if performance on its new London Gatwick service meets targets. The airline is set to operate four times weekly to Gatwick from 27 October, using Airbus A320neo jets, and raise the frequency to daily starting in ...
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Thai Airways offers reassurances after 'motivational' warning
Thai Airways has dismissed a report that it is at risk of being shut down, arguing that local media had "misconstrued messages conveyed in a meeting" with airline staff.
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INTERVIEW: Jeju Air chief confronts tougher market
South Korean low-cost carrier Jeju Air plans to moderate growth as it faces more challenging conditions in key markets.
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Chinese bank venture to take over 27 Norwegian A320neos
Scandinavian budget carrier Norwegian is to establish a joint venture with China Construction Bank Leasing to take over 27 Airbus A320neo aircraft scheduled for delivery from next year.
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Brussels Airlines to downsize
Brussels Airlines is to implement a three-year downsizing strategy aimed at stemming losses and achieving sustainable profitability.
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Finnair sees progress in sustainability push
Finnair has set 2050 as the year it hopes to halve its emissions, as it undertakes an ongoing sustainability push.
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Hawaiian Q3 net income falls 16% as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income fell 16% to $81.5 million in the third quarter of 2019 compared to the same period a year ago as increased competition weighed on airline’s results.
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PodcastPODCAST: Airline Business on UK, Delta, Brazil, China, Emirates
The new edition of the Airline Business podcast is now available.
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Airline BusinessThird time lucky for Air India privatisation?
If the Modi government’s second attempt to privatise Air India in as many years fails, it will not be for a lack of trying.
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Sixth chief this year prepares to lead embattled Tarom
Romanian flag-carrier Tarom has named yet another director general, the sixth to hold the post at the troubled carrier this year.
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NewsMark Anderson on foundations for Virgin Connect
The chief executive of Virgin Connect believes right-sizing of the fleet, a clearer focus and connections with Virgin Atlantic can help the carrier emerge from its Flybe foundations and return to profit in 2020.
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Brazil still 'not competitive' for airlines: ALTA chief
It is no coincidence that "competitiveness" has been chosen as the theme of this year's ALTA Airline Leaders Forum in Brazil's capital city.
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Qantas and Virgin Australia set to share Haneda slots
Qantas and Virgin Australia are set to split the two available daily slots recently made available for Australian carriers at Tokyo Haneda international airport.
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IATA urges financial relief for Hong Kong’s aviation sector
Hong Kong’s widespread anti-government protests are taking a “significant” and “unprecedented” toll on the city’s aviation sector that has led IATA to urge its authorities to provide financial relief for the sector.
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Airlines should be braced for tougher conditions: IATA
IATA chief economist Brian Pearce believes the industry should be braced for more difficult conditions over the next 12 months, amid continued market challenges and the heaviest falls in air freight demand since the financial crisis a decade ago.
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TUI Airways chief confident of package-holiday opportunity
TUI Airways managing director Dawn Wilson believes there remains plenty of life in package holidays and sees an opportunity for the company's business in that area to expand following the demise of travel rival Thomas Cook Group in September.