All Strategy news – Page 77
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NewsCathay plans hiring spree as airline anticipates network ramp-up
Cathay Pacific is looking to fill 4,000 roles across various sectors in the next two years, as the airline resumes flights to more points across its network with restrictions gradually easing up in its home city of Hong Kong.
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NewsA350-1000 ‘too small’ to top Airbus range: Emirates chief
Emirates Airline president Tim Clark has again expressed concern about how airlines will cope with rising demand in the future without recourse to new Airbus A380-sized jets, warning that ticket prices could eventually rise as a consequence of fewer seats being available into slot-constrained airports.
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NewsAir Baltic chief sees potential role for Airbus A321XLR
The Airbus A321XLR is of interest to Air Baltic in the longer term, according to the carrier’s chief executive Martin Gauss, as the carrier considers options to extend its reach.
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News‘Nightmare is becoming reality’ on airport charges: IATA chief
IATA director general Willie Walsh has called on governments to ‘show backbone’ and reject airport requests to increase their charges to airlines.
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NewsIATA trims industry loss expectations for 2022 to $9.7bn
IATA director general Willie Walsh believes a return to profit across the industry is possible in 2023 after the association cut back its estimate of airline losses for this year to $9.7 billion.
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NewsShell partners with Accenture and AMEX GBT on SAF ‘book-and-claim’ initiative
Three airlines including Cathay Pacific have signed up to trial a new blockchain-powered ‘book and claim’ sustainable aviation fuel initiative launched by Shell, Accenture, and American Express Global Business Travel aimed at boosting corporate demand.
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NewsQantas forecasts full international recovery by mid-2023
Qantas anticipates international capacity will return to pre-pandemic levels around the middle of 2023, amid “strong robust demand” as borders reopen.
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Airline BusinessWalsh sees airline industry capable of recovering financial strength
IATA director general Willie Walsh expects that despite continued Covid headwinds, as well as fresh operational and cost pressures, leaders assemble in Doha for the association’s AGM ready to look beyond the pandemic
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Airline BusinessAirline CEO changes in 2022 dominated by appointment of women and upheaval in India
The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers
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NewsGatwick airport caps summer flights amid operational woes
Gatwick airport will cap the number of flights operated from the facility in July and August, as it attempts to overcome the operational challenges that have dogged the air travel recovery in markets including the UK’s.
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Airline BusinessHow SAF, offsetting and tackling plastics are key to progressing IATA’s sustainability vision
While securing a resolution that committed airlines globally to achieving carbon neutrality by 2050 at last year’s AGM underpins the industry’s decarbonisation efforts, it marked only a first step in translating ambition to reality. “After the political statement, the pathway started,” explains Sebastian Mikosz, vice-president of environment and sustainability at ...
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Airline BusinessIATA chief economist on the changing factors impacting airline profit hopes
Conventional wisdom would suggest that surging fuel costs, combined with a slowing in global GDP growth and the inflationary squeeze on household incomes could only mean one thing for airline fortunes. Yet after two pandemic years in which international flying, if possible at all, has been cumbersome and at the ...
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NewsAsiana to return A380 to service as international travel demand picks up
Asiana Airlines will resume operating its Airbus A380s from late-June, to ease a shortage of seats amid an “explosive” increase in travel demand as borders reopen.
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Airline BusinessMalaysia Aviation sustainability chief talks SAF opportunities in road to net-zero
Malaysia Airlines will adopt a “wait and see approach” to emerging sustainable technologies in aviation – including electric vertical take-off and landing (eVTOL) and hydrogen-powered aircraft – as it focuses on near-term initiatives such as sustainable fuels.
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News‘We can’t wait for China’: As Mainland stays shut, airline chiefs eye India
While China’s closed international borders will impact recovery efforts, an airline leadership panel believes there are opportunities for growth and recovery elsewhere, including in India, which they tout as a market “everyone should watch” in the near term.
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Airline BusinessAirline Business Covid-19 recovery tracker: June 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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NewsJudge dismisses American-JetBlue request to dismiss suit, trial set for November
A US federal judge has sided with the Department of Justice (DOJ) by striking down a request by American Airlines and JetBlue Airways to dismiss a lawsuit against them.
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Airline BusinessHow pandemic is impacting airline partnerships thinking
While traditional-style merger and acquisition activity such as the pursuit of ultra-low-cost carrier Spirit Airlines in the USA continues to dominate, there are signs of operators taking fresh approaches to securing investors and partners
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NewsHow Connect Airlines intends to carve a niche in the US airline market
US start-up Connect Airlines is banking on the efficiency of turboprops and an independent business model to help it carve a niche in the US air travel market.
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Airline BusinessCan airline travel disruption be resolved this summer?
The operational issues being seen in several markets are threatening to define the sector’s emergence from Covid-19 in some regions – potentially beyond the short term.