All Strategy news – Page 57
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NewsRyanair raises profits outlook after strong holiday period
Irish low-cost carrier Ryanair has lifted its full-year profit guidance to a range of €1.325 billion to1.425 billion ($1.4 billion to $1.5 billion) before exceptionals after reporting a strong expected holiday period.
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NewsKenya Airways share suspension extended as restructuring continues
Kenya’s Capital Markets Authority has granted a year-long suspension of share trading in Kenya Airways to give the SkyTeam carrier more time to complete its restructuring.
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NewsRyanair passengers up 5% against 2019 during calendar year
European budget carrier Ryanair carried over 160 million passengers in the 2022 calendar year, 5% more than it flew during the same period in pre-pandemic 2019.
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NewsWizz tops previous passenger highs by 15% in 2022 calendar year
Central European budget carrier Wizz Air carried 15% more passengers in the last calendar year than it did in 2019, its previous high point.
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NewsKorean targets completion of Asiana acquisition in ‘pivotal’ 2023
Korean Air expects to complete its acquisition of compatriot Asiana Airlines this year, as the airline warns of challenges and increased competition in a “pivotal” year.
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PodcastAirline Business Podcast: Standout stories from 2022
Graham and Lewis discuss some of the most interesting developments from the past 12 months
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NewsMesa Airlines finalises new deal with United, reports dismal Q4 results
Amid the upheaval of severing its contract with longtime operating partner American Airlines and finalising a new deal with United Airlines, US regional carrier Mesa Airlines reported a $115.6 million loss during its fiscal fourth quarter.
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NewsSouthwest Airlines prepares to return to normal operations
Southwest Airlines plans to return to normal operations on 30 December following a disastrous end-of-year travel period in which the carrier has so far cancelled more than 12,000 flights over six days.
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Airline BusinessWhich airlines welcomed new aircraft types into their fleets during 2022?
A selection of the aircraft deliveries over the past 12 months that saw airlines welcome new types or variants into their fleets
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Airline BusinessHow far through recovery are African airlines?
The African airline sector has been recovering slowly from the pandemic, as the unwinding of Covid restrictions has compounded financial challenges for several of the region’s highest-profile struggling carriers.
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Airline BusinessHow far through recovery are Middle East airlines?
Middle East carriers are well on the way to restoring pre-pandemic activities following the lifting of Covid restrictions
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NewsUS to reinstate Covid-19 testing requirement for air travellers from China
Starting on 5 January, the USA will begin requiring a negative Covid-19 test or proof of recovery for international air travellers coming from China.
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Airline BusinessHow far through recovery is airline industry?
A year which began with airlines still in the grip of Covid restrictions as the Omicron variant threatened a fresh round of disruption, ended with airlines breaking revenue records in the summer and travel rules being relaxed in the last key market not to have done so, China.
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Airline BusinessHow far through recovery are North American airlines?
A carrier-by-carrier guide to the progress North American airlines continued to make in their recovery from the Covid-19 crisis during the past year and a look at how much further they have to go in 2023.
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Airline BusinessHow far through recovery are European airlines?
A carrier-by-carrier guide to the progress European airlines continued to make in their recovery from the Covid-19 crisis during the past year and a look at how much further they have to go in 2023.
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Airline BusinessHow far through recovery are Asia-Pacific airlines?
A year which began with Asia-Pacifc borders only slowly reopening has ended with moves to reopen even some of the most controlled of markets through the pandemic, though operators both within and outside of Asia-Pacific continue to wait on developments in China before full recovery can be contemplated.
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NewsSouthwest will ‘never again’ face nationwide operational meltdown: CEO
Southwest Airlines chief executive Bob Jordan spoke publicly for the first time about the company’s widespread operational difficulties during the busy end-of-year holiday travel period, promising that the airline’s passengers and employees will “never again face what’s happening right now”.
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Airline BusinessSouthwest pilots ‘embarrassed’ for airline’s operational crisis
Southwest Airlines’ operational meltdown continued 27 December as it cancelled thousands more flights in what has been a calamitous holiday travel period for the Dallas-based discounter.
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NewsSouthwest cancels majority of flights in nationwide operational meltdown
Southwest Airlines is suffering a near collapse of its operations, cancelling the majority of its flights on 26 December following several days of extreme winter weather.
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Airline Business‘Not going to drown in an inch of water’: Mesa CEO on breakup with American
The severing of regional US carrier Mesa Airline’s contract to operate on behalf of American Airlines in favour of a tentative five-year deal with United Airlines represents a significant shake-up in the regional airline industry. But accounts differ on how the relationship soured between Mesa and American.