All Strategy news – Page 8
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NewsLufthansa secures conditional regulatory clearance for ITA deal
Lufthansa Group has secured approval from the European Commission for its proposed progressive acquisition of ITA Airways after agreeing concessions to satisfy the regulator’s competition concerns over the tie-up.
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NewsTarom to lease pair of Max 8s from CDB Aviation
Romanian carrier Tarom has agreed to lease a pair of Boeing 737 Max 8s from Irish lessor CDB Aviation, with the initial aircraft to arrive in late 2025.
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NewsSpirit Airlines adds Fred Cromer as chief financial officer
US ultra-low-cost carrier Spirit Airlines has named Fred Cromer as its chief financial officer, tasking him with helping the company chart a profitable course forward.
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NewsNew Pacific Airways chief executive Rob McKinney abruptly leaves post
Rob McKinney, chief executive of Alaskan regional airline Ravn Alaska and floundering start-up carrier New Pacific Airways, has left the group effective immediately.
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NewsWestJet maintenance workers withdraw strike action
WestJet’s mechanics and technical employees have agreed to withdraw strike action and return to work while their union, the Aircraft Mechanics Fraternal Association (AMFA), negotiates a new contract with the company.
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PodcastAirline Business Podcast: Is the airline industry recovery still on track?
In the latest episode – sponsored by Panasonic Avionics – Graham and Lewis discuss the industry outlook following the recent IATA AGM in Dubai, including an improved profit forecast from the association.
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NewsSwiss names Lufthansa Group manager Jens Fehlinger as its new CEO
Swiss International Air Lines has named Lufthansa Group manager Jens Fehlinger as its new chief executive beginning on 1 October.
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News‘Sporadic, delayed’ funding doomed Bonza, administrator’s report finds
Bankrupt Australian carrier Bonza received funding from parent company 777 Partners “sporadically” even as it racked up significant losses in its first year of operations, the firm’s administrators have disclosed.
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NewsSlow-to-pivot Southwest lowers second-quarter revenue outlook
Major US carrier Southwest Airlines lowered its revenue outlook for the second quarter on 26 June as it seemingly acknowledged that it did not react to the current demand environment quickly enough.
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NewsBreeze closing in on international debut
Breeze Airways, the three-year-old airline started by serial entrepreneur David Neeleman, has received initial approval to start international service.
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NewsAmerican Airlines pauses hiring new pilots through November
American Airlines is pumping the brakes on hiring new pilots in the second half of this year as it considers capacity changes across its network.
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NewsVolotea and Abra sign JV with eye on Air Europa remedies at Madrid
Spanish low-cost carrier Volotea and Avianca parent company Abra Group have signed a joint-venture agreement to act as a “remedy taker” should IAG complete its acquisition of Air Europa.
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NewsQantas picks Dash 8-400s for turboprop renewal
Qantas will acquire 14 more mid-life De Havilland Canada Dash 8-400 turboprops as part of fleet renewal efforts that will see its older Q200 and Q300 aircraft retired.
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NewsLufthansa City Airlines poised for launch
Lufthansa Group’s latest carrier Lufthansa City Airlines will launch flights on 26 June using an Airbus A320neo on the Munich-Birmingham route.
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NewsAer Lingus cancels flights as pilots take industrial action over pay
Aer Lingus has cancelled 10-20% of flights over the period 26-30 June, after members of the Irish Air Line Pilots Association (IALPA) voted in favour of work-to-rule action following their rejection of a pay deal.
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NewsChina Eastern eyes transit traffic opportunity in ‘super carrier’ bid
China Eastern Airlines will focus on improving operations at its Shanghai Pudong hub, with the aim of growing its share of international transfer traffic.
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NewsMesa posts quarterly adjusted profit for first time in almost three years
Struggling Mesa Air Group has posted its first adjusted quarterly profit in almost three years as it continues to regain its financial footing.
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NewsSun Country adds eight aircraft to its Amazon cargo operation
Sun Country Airlines has agreed to operate up to eight more freighter aircraft for e-commerce giant Amazon beginning in early 2025.
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NewsCuracao’s JetAir ceases operations with bankruptcy filing
Caribbean airline JetAir has grounded its aircraft and cancelled all flights after its parent companies entered bankruptcy protection in a Curacao court.
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NewsWestJet maintenance workers call off strike
WestJet’s maintenance workers have called off a strike that disrupted the airline’s normal operations earlier this week.