All Strategy news – Page 206
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News
WestJet returns to profit, nears Onex acquisition
WestJet returned to a second-quarter profit this year, while also moving one step closer to being acquired by private equity firm Onex by the end of 2019..
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News
Hainan Airlines warned for busting guarantees limit
The China Securities Regulatory Commission (CSRC) has issued Hainan Airlines a warning about the level of guarantees it provided to subsidiaries in 2018.
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News
Alliance gains two year extension to BHP Iron Ore contract
Alliance Airlines will continue to provide fly in, fly out charter services from Perth to BHP’s Coondewanna and Barimunya mines for two more years.
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Airline BusinessANALYSIS: Indian carriers put Jet's demise behind them
The demise of Jet Airways has opened up new international opportunities for India’s remaining airlines, with most airlines grabbing the opportunity with both hands.
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Cobham eyes spin off Australian unit ahead of buyout
QantasLink and resource charter operator Cobham Aviation Services Australia looks likely to be sold after its UK parent company agreed to a £4 billion ($5 billion) takeover deal with US private equity firm Advent International.
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Spirit warns of cost creep, reliability woes as Q2 profit jumps
Spirit Airlines forecasts higher costs and more cancelled flights for the rest of 2019 as it aims to reconfigure its flight plans and factor in challenging weather conditions as the ultra-low-cost airline adapts to its expanding network and new routes.
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News
737 Max grounding prompts Southwest to cease Newark service
Southwest Airlines will end service at Newark Liberty International airport on 3 November in response to constraints created by the grounding of the Boeing 737 Max, the airline says on 25 July.
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NewsMorgan Stanley to advise on Malaysia Airlines options
Malaysia’s sovereign wealth fund Khazanah has appointed Morgan Stanley to explore strategic options to turn beleaguered flag carrier Malaysia Airlines around, even as it does not rule out being a minority shareholder.
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NewsKumho kicks off Asiana Airlines stake sale
Kumho Asiana Group has begun the process of selling its entire stake in Asiana Airlines, as first announced in April.
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NewsAir Koryo starts Pyongyang-Macau
Air Koryo will be expanding its international network in at least four years, when it commences flights to Macau in August.
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NewsPICTURE: Hi Air adds two new ATR 72s
South Korean start-up carrier Hi Air has taken delivery of two ATR 72-500 aircraft, as it awaits its air operator certificate.
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Airline BusinessANALYSIS: JetBlue lowers capacity forecast amid slower deliveries
JetBlue Airways is lowering its expectations for capacity growth because Airbus has said it will deliver no more than six A321neo aircraft to the airline during 2019 instead of the 13 aircraft the carrier originally expected.
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Airline BusinessNokScoot boss tweaks plans amid tough market
NokScoot has shelved plans to add narrowbodies to its fleet, as it eyes the imminent arrival of its sixth and seventh Boeing 777-200ERs.
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Airline BusinessANALYSIS: Leading carriers' profits crimped in 2018
Leading airline groups largely retained healthy profit levels across 2018, but creeping costs and rising competition in some key markets took the edge off recent profit highs, the latest annual Airline Business World Airline Rankings show.
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News
US government approves American-Qantas JV
The US Department of Transportation has approved the proposed joint venture between American Airlines and Qantas, clearing the final barrier to the carriers’ plans to coordinate transpacific flights.
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NewsCollins, Aerothai beef up connectivity offering in Asia-Pacific
Collins Aerospace and Thailand air services provider Aerothai have entered a deal to provide an enhanced wireless connectivity system in the Asia-Pacific.
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News
AirAsia, AirAsia X to appeal order to pay higher pax charges
AirAsia and AirAsia X are planning to appeal an order from the Malaysian High Court to pay nearly MYR42 million ($10.2 million) in passenger service charges (PSC) and late payment charges to Malaysia Airports (MAHB).
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News
Vietnam’s Phu Cat airport goes international in September
Vietnam’s Phu Cat airport will be ready for international flights come September after recently completed upgrades to the tarmac, domestic terminal and radar system.
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PodcastListen to the Airline Business podcast
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Podcast
PODCAST: Airline Business on Kjos, Ryanair, India, Korean, awards
The new edition of the Airline Business Podcast is now available.