All Strategy news – Page 76
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Airline BusinessRelaunched SAA set to take next step
Having relaunched operations in September last year after an 18-month grounding, South African Airways (SAA) is expanding its operations as it capitalises on the recent collapse of local carrier Comair. The South African carrier is increasing capacity on domestic and regional routes, and was in Doha at the recent IATA ...
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NewsAir Baltic chief calls on OEMs to resolve parts shortages that are grounding A220s
Air Baltic chief executive Martin Gauss has called on engine and aircraft manufacturers to find solutions to the supply-chain issues that are continuing to ground the carrier’s Airbus A220s for prolonged periods during maintenance.
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NewsSpirit Airlines’ board recommends shareholders approve richer Frontier bid
Spirit Airlines has recommended shareholders approve Frontier Airlines’ increased acquisition offer after Frontier sweetened the deal by $2 per share, and raised its reverse termination fee to $350 million.
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NewsKLM warns of ‘dramatic consequences’ from Dutch plan to cut Schiphol flights
Home carrier KLM has hit out at a move by the Dutch government to cut the number of annual permissible flights from the Amsterdam hub airport by 12% which it says would erode its ability to operate a hub function.
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Airline BusinessRoyal Air Maroc chief sets sights on growth after ‘transformation’ during crisis
Royal Air Maroc is preparing to issue a tender for 22 aircraft as it turns its attentions to developing a growth strategy following what chief executive Abdelhamid Addou describes as the carrier’s ’big transformation’ during the Covid crisis.
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Airline BusinessAirlines move on from Covid-19 at IATA AGM – but to where?
It felt like the airline industry was grappling with two competing narratives during the IATA AGM in Doha this week.
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NewsHigh fuel prices force Qantas to further trim domestic capacity
Qantas Group will cut domestic capacity from July through March 2023 amid cost pressures from high fuel prices, though international capacity will remain unchanged for now.
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NewsUS DOT tentatively approves LATAM-Delta joint venture
The US Department of Transportation (DOT) has tentatively approved a proposed joint venture between Delta Air Lines and LATAM Airlines Group, more than two years in the making, but places certain conditions on final antitrust immunity for the deal.
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NewsRisks and uncertainties persist despite IATA’s brighter economic outlook
While IATA struck a positive tone in trimming its loss forecast for the coming year this week at its AGM in Doha, the wider economic headwinds which are gaining strength means downside risks far outweigh the potential for upsides.
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NewsNew Pegasus chief hails tourism rebound and ‘game-changing’ A321neos
Turkish budget carrier Pegasus is on track to reach pre-Covid capacity levels for the full year amid strong demand for inbound tourism, according to the airline’s new chief executive Guliz Ozturk.
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NewsAirports chief tells IATA to stop ‘pointing fingers’ on charges and seek reform
The head of global airports association ACI World has described IATA’s expectations on airport charges as “unrealistic”, as he reiterated calls for regulatory reform on the issue and a joint approach to tackling industry taxation.
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NewsKorean ponders move for new freighters
Korean Air is considering a move for the new widebody freighters launched by Airbus and Boeing in recent months as it continues to position itself for strong cargo demand.
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NewsSkyWest applies to launch charter subsidiary
US regional carrier SkyWest Airlines has applied to the Department of Transportation (DOT) to operate 30-seat Bombardier CRJ200s to 25 destinations under a charter subsidiary.
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NewsKorean Air eyes key Asiana merger approvals by year-end
Korean Air chief executive Walter Cho is hopeful of securing the necessary approvals from the US and European Union competition regulators for its merger with Asiana by the end of this year.
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NewsDefiant Walsh says airline industry can handle coming headwinds
IATA director general Willie Walsh insists the airline industry can handle the lengthy list of headwinds coming its way as the Covid-19 recovery ramps up.
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NewsRisk of ‘massive travel disruption’ if 5G deployed in USA in July 2023: IATA
Airline association IATA has warned that carriers are unlikely to be prepared for the deployment of C-band 5G in the USA in July 2023 based on current progress, creating the risk of significant travel disruption if the rollout goes ahead as planned.
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NewsKenya Airways chief sees ‘very promising’ summer as demand picks up
Kenya Airways chief executive Allan Kilavuka sees “very promising” bookings for the summer as the carrier steps up operations out of the pandemic, though demand for intra-African travel is lagging the recovery seen on its European routes. The airline’s capacity was down about two-thirds on pre-crisis levels last year amid ...
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NewsBreak-even unlikely in 2022 amid cost pressures: Malaysia Airlines chief
Malaysia Airlines is unlikely to break even this year, as a result of “multiple headwinds” confronting the carrier, including inflation and high fuel prices.
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NewsEmirates chief rates industry challenges 9/10 but sees demand resilience
The headwinds faced by the airline industry today are “very challenging”, in the view of Emirates Airline president Tim Clark, but indications are that demand can withstand the battering for now.
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NewsLong-term goal to be publicly listed: Virgin Australia chief
Virgin Australia’s long-term goal strategy remains to be publicly listed, confirms airline chief Jayne Hrdlicka, as the airline rebounds to profitability.