All Strategy news – Page 215
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News
Air Canada in talks to acquire Transat AT
Air Canada will purchase Transat AT, the tourism company parent of Montreal-based leisure carrier Air Transat and combine the two companies.
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News
Thomas Cook confirms 'multiple bids' for airlines
Thomas Cook has received "multiple bids" for its airlines since launching a strategic review of the business in February, it confirmed today in disclosing half-year results.
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NewsInter-island Hawaii service performing well for Southwest
Southwest Airlines says its weeks-old inter-island service in Hawaii is performing "extraordinarily well", although the Dallas-based carrier's plan to ramp up flights in the Aloha State remains on hold with the grounding of its Boeing 737 Max fleet.
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AirAsia renews push for MAVCOM to intervene in airport dispute
AirAsia and AirAsia X are seeking a court order to compel Malaysian Aviation Commission (MAVCOM) to adjudicate their long-running dispute with Malaysia Airports Holdings (MAHB).
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Airline BusinessANALYSIS: Onex aims for WestJet growth
The purchase of WestJet led by Onex Partners for C$5 billion ($3.7 billion) is an opportunity to continue the airline’s transition into a global carrier following the private equity firm’s years of attempts to increase its aviation focus.
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Airline Business
ANALYSIS: Global uncertainty leaves its mark on air cargo demand
Airlines across the world are experiencing what they hope will prove to be a minor diversion from the positive air-cargo demand trend seen over the past three years.
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News
Arik adjusts schedule as aircraft depart for maintenance
Arik Air has been forced to adjust its scheduled operations after taking aircraft out of service to meet MRO requirements.
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Jet Airways CFO resigns
Jet Airways’ chief financial officer and deputy chief executive Amit Agarwal resigned from the airline on 13 May.
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NewsAzul proposes fresh bid for Avianca Brazil assets
Azul has returned to the race for assets of bankrupt Avianca Brazil with a new offer, while the financially troubled carrier filed an appeal in court against the last-minute suspension of its bankruptcy auction last week.
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NewsPrivate equity fund Onex to acquire WestJet
Canada's second-largest carrier WestJet is to be acquired by Toronto-based private equity firm Onex for around C$5 billion ($3.7 billion), including debt.
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Airline BusinessANALYSIS: Will prince charming deliver Thai’s upgrade plan?
Thai Airways International has renewed its effort to obtain permission to buy new aircraft and has even beefed up its hoped-for order.
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NewsLatest Emirates fleet plan completely omits 787-10s
Emirates Group’s newly-released annual report lists 234 future aircraft deliveries, but makes no mention of the Boeing 787-10s for which Emirates signed in 2017.
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News
Etihad prepared to reinvest in a restructured Jet
Etihad Airways has flagged its willingness to commit fresh capital in order to remain a minority shareholder in a restructured Jet Airways.
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News
Viva Air attracts $50 million investment from private equity firm
Irelandia Aviation has secured a $50 million investment from New York-based private equity firm Cartesian Capital Group for its Latin American low-cost carrier Viva Air Group, in exchange for an unspecified stake in the airline.
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Airline Business
ANALYSIS: JetBlue's possible avenues to London slots
When he outlined his carrier's plans to starting serving London from New York and Boston in 2021, at the UK Aviation Club in April, JetBlue chief executive Robin Hayes seemed entirely unfazed by the prospect of securing the necessary slots.
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News
Level underperformed in Paris and Vienna: IAG chief
IAG's budget carrier Level has performed below expectations in Paris and Vienna, group chief executive Willie Walsh admitted today.
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News
IAG to seek compensation over additional Trent 1000 checks
IAG is to demand additional compensation from Rolls-Royce over extra maintenance inspections for Trent 1000 TEN engines.
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News
IAG first-quarter profit drops 60%
British Airways and Iberia parent IAG has posted a 60% drop in first-quarter operating profit before exceptional items, to €135 million ($152 million), and offered a more gloomy assessment of passenger unit revenues for the year.
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News
Garuda defends treatment of IFEC deal in 2018 results
Garuda Indonesia has defended its decision to recognise $242 million of future revenue from an inflight wi-fi and entertainment deal with Mahata Aero Teknologi (MAT) as an operating item in its 2018 financial results.