All Strategy news – Page 66
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NewsLATAM Airlines Group set to exit Chapter 11 in November after securing funds
LATAM Airlines Group expects to exit the Chapter 11 bankruptcy process in the first week of November, having secured the required financing.
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NewsLufthansa to install enclosed first-class suites in new group-wide long-haul cabin
Lufthansa Group has launched the ‘Allegris’ cabin product for its long-haul fleet, which will see its first-class passengers benefit from enclosed suites for the first time.
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NewsFlydubai to wet-lease 737-800s from Smartwings
Flydubai is again looking to Smartwings for leased capacity going into the busy seasonal travel period.
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NewsDelta has ‘plan B’ in case Boeing 737 Max 10 misses critical FAA deadline
Delta Air Lines is still counting on the US aviation regulator to certificate the Boeing 737 Max 7 and 10 models without extensive and expensive cockpit modifications, even though those certifications are delayed and may miss a critical deadline.
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Airline BusinessFirst signs of slowing air travel recovery momentum?
Amid so much economic and geopolitical uncertainty around the world, the first hints of a potential impact on travel demand were seen in the latest passenger demand data.
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NewsSAA eyes further growth through addition of more A320s
South African Airways has finalised plans to add more capacity for the southern hemisphere summer, under which it will take three more Airbus A320s to increase its fleet to 10 aircraft.
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NewsIAG reports ‘better than expected’ third-quarter trading
British Airways and Iberia owner IAG says trading during the third quarter was better than expected, driven by revenue strength on the passenger side of the business.
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NewsSingapore Airlines and Tata in talks over merging Vistara with Air India
Singapore Airlines is in talks with Tata Group over the possible merger of Vistara into Air India.
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NewsDelta tops record revenues in strong third quarter
Delta Air Lines reports being ahead of plan on profits for the year after posting record revenues of just under $14 billion for the third quarter.
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NewsRepublic Airways pilots secure major pay raise
Amid a broad surge in regional pilot pay, Republic Airways pilots represented by the Teamsters Local 357 union will receive a big rate increase.
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NewsNok Air narrows 2021 loss on restructuring revenue gains
Thai low-cost operator Nok Air narrowed its 2021 loss, helped by a revenue gain from debt restructuring, as well as recovery in domestic air travel demand in the second half of the year.
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NewsFrontier unveils first A321neo and tweaked paint scheme, plans expansion
Frontier Airlines marked the delivery of its first Airbus A321neo on 11 October, with the carrier’s chief executive saying the jet will further strengthen Frontier’s cost advantage and let it expand to new destinations, possibly including those outside North America.
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NewsDelta Air Lines invests up to $200m in Joby Aviation electric air taxis
A new deal with US startup Joby Aviation could eventually make zero-emissions, last-mile air taxi services available to customers flying with Delta Air Lines through New York and Los Angeles.
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NewsITA Airways paints first A220 with special sustainability livery
ITA Airways’ first Airbus A220 twinjet will sport a sustainability-themed livery when it enters service in the coming days.
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NewsAmerican invests in Universal Hydrogen
American Airlines has made an equity investment in start-up Universal Hydrogen to help support the airline’s ambitious goal of achieving net-zero greenhouse gas emissions by 2050.
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Airline BusinessEuropean airline summer fades with clouds still on supply and demand horizon
After a summer in which travel demand was everything European carriers could have dreamt of, accompanied by nightmare operational challenges, attention is turning to what extent both trends might reappear next year
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Airline BusinessAirline Business Covid-19 recovery tracker: October 2022 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsDOJ argues American and JetBlue fiercely competed at Boston prior to alliance
US government attorneys on 7 October argued in federal court that American Airlines feared being “pushed out” of Boston by JetBlue Airways prior to the companies partnering under their Northeast Alliance (NEA).
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NewsRussian airspace closure presents congestion and China competition pressure: Eurocontrol
Eurocontrol director general Eamonn Brennan has flagged congestion and competitive distortion issues that the long-term closure of Russian airspace creates, in addition to the routes directly impacted by the ongoing restrictions. Most European airlines have pulled their flights to Russia since its invasion of Ukraine earlier this year, while those ...
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NewsRoyal Jordanian signals intent to take Embraer E2 jets
Royal Jordanian Airlines and Embraer have signed a memorandum of understanding for the carrier to introduce 10 E2-family jets into its fleet “within the coming several years”.