All Strategy news – Page 71
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NewsANA to fully recover domestic network by end-October, eyes international uptick
All Nippon Airways (ANA) and low-cost unit Peach will restore domestic flying to pre-pandemic levels in the coming months, as it eyes “proactively increasing” international flights if and when Japan’s border restrictions ease further.
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NewsAir Canada sees ‘large opportunity’ in an expanded cargo service: CFO
Air Canada sees transporting frieght as a “large opportunity” even after passengers return to air travel following the two-year industry crisis.
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NewsExpressJet, operating as Aha, files for bankruptcy
ExpressJet, in its rebranded incarnation called Aha, has filed for bankruptcy and ceased flight operations.
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NewsTAP sees strong summer recovery but ‘uncertain prospects’ going into 2023
TAP Air Portugal claims to be recovering “more rapidly than its peers” from the Covid-19 crisis, while also acknowledging that its future health depends on execution of its restructuring plan amid a long list of headwinds. Announcing its second-quarter results on 23 August, the Lisbon-based carrier said that revenues of ...
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NewsKLM promotes hub head to chief operating officer role
KLM has promoted its current senior vice-president of hub operations, Maarten Stienen, to fill its vacant chief operating officer role.
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NewsAmerican to partner with Air Wisconsin on regional routes
American Airlines is partnering with regional carrier Air Wisconsin Airlines to expand its network out of its mid-west hub Chicago.
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NewsHarbour Air flies first ‘point-to-point’ flight of all-electric DHC-2 Beaver
Canadian regional carrier Harbour Air recently completed the first point-to-point flight of its heavily modified, all-electric De Havilland Canada DHC-2 Beaver.
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PodcastAirline Business Podcast: 787 return, supply-chain impact and Farnborough thoughts
Graham and Lewis discuss the resumption of Boeing 787 deliveries and the impact of supply-chain issues on fleet planning.
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NewsSouth Korean LCCs stay in red despite rising revenue
Three South Korean low-cost operators continued their loss-making streak in the second quarter of the year, despite a steady increase in revenue.
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NewsCanada Jetlines receives air operating certificate, poised for launch
The Canadian government has granted Canada Jetlines, the country’s newest low-cost carrier, an air operating certificate (AOC), removing the final barrier to the airline’s long-awaited launch.
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Airline BusinessFeeling supersonic: why Boom divides the room
News this week that American Airlines has joined United Airlines in signing up for Boom’s Overture jets has reignited the debate about whether supersonic flight has a role to play in the modern commercial air transport sector. The theoretical competitive advantages of such aircraft are obvious. “Boom Supersonic’s Overture would ...
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NewsPegasus saw strong demand recovery in Q2 but weak euro hits bottom line
Turkish budget carrier Pegasus saw international capacity and traffic exceed pre-Covid levels in the second quarter of this year, as leisure demand in particular “outpaced initial expectations”. That development helped the carrier to a €28 million ($28.5 million) operating profit for the three months to 30 June, Pegasus said on ...
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NewsIAG takes 20% stake in Air Europa
British Airways and Iberia owner IAG has converted a loan to the parent company of Air Europa into a 20% stake in the airline.
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NewsBlacklisted Iraqi Airways seeks wet-leased aircraft for European flights
Iraqi Airways has issued a request for proposals for wet-leased or ACMI aircraft for operations to Europe amid a continued blacklisting of the carrier by the European Commission. Hoping to take advantage of a provision in the blacklisting that allows banned carriers to undertake operations via wet-lease agreements with other ...
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NewsFormer Ryanair executive returns to Malta with Wizz Air
Wizz Air has announced that its new Maltese subsidiary will be led by former Ryanair executive Diarmuid O Conghaile. The low-cost group expects to launch the new unit “later this year”, it said on 15 August, with O Conghaile becoming managing director from 1 November, having stepped down from his ...
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NewsThai Airways narrows Q2 losses as travel recovers
Thai Airways narrowed its second-quarter loss, as passenger travel demand soared with the reopening of borders.
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Airline BusinessCathay’s shift in tone underscores intent to show it’s back in business
Cathay Pacific has arguably been among the hardest hit of airlines by Covid travel limitations over the past two years. However the Hong Kong carrier in its half-year results now appears to be cautiously positive about its future prospects, though travel restrictions remain a challenge.
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Airline BusinessDreamliner deliveries resume but capacity constraints remain
Boeing’s much-awaited resumption of 787 deliveries on Wednesday provided a welcome boost for the manufacturer and Dreamliner customers who have been facing operational headaches caused by the aircraft delays. American Airlines became the first airline to take delivery of a 787 since US regulators gave Boeing the green light to ...
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NewsAzul reports record Q2 revenue as cargo, corporate demand rise
Brazil’s Azul has posted record second-quarter revenue as it profited from increased demand for corporate travel and freighter services.
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NewsTurkish Airlines boosts first half profits on strong passenger returns
A strong second quarter helped Turkish Airlines post an operating profit of $786 million for the first half of the year on a near doubling in revenues compared with the same period last year.