All Strategy news – Page 86
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NewsNice latest addition as ‘agile’ Etihad moves onto seasonal routes
Etihad Airways Group chief executive Tony Douglas believes that network planning has changed forever as a result of the pandemic, as the restructured Gulf carrier is itself embarking on seasonal routes it would not have previously considered.
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NewsAeroflot suspends virtually all international flights from 8 March
Aeroflot is suspending all its international flights with the exception of its Belarus services from tomorrow following further airspace restrictions impacting Russian operators.
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NewsAir Baltic exits Russian market indefinitely
Latvian carrier Air Baltic has decided to withdraw from serving Russia “until further notice” as it steps up its strategic response to the military action in Ukraine.
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NewsHow safe were commercial airline flights in 2021?
The commercial airline industry showed improvements in several key safety metrics for 2021, according to IATA, although turboprop operations again significantly lagged the performance of jet flights.
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NewsLufthansa eyes ‘second CityLine’ through new AOC operation
Lufthansa Group chief executive Carsten Spohr describes plans for a new AOC within the group as a “second CityLine” operation, noting it would be of similar size and have the same terms for staff as the regional unit.
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NewsLufthansa in the hunt for additional widebody opportunities
Lufthansa Group will look at the opportunistic acquisition of widebody aircraft, particularly Airbus A350s and Boeing 787s, that were previously destined for sanction-hit Russian carriers.
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NewsSabre boots Aeroflot from GDS platform
Airline ticket distribution provider Sabre has terminated its agreement with Russia’s Aeroflot and is removing the carrier’s flights from its global distribution network.
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Airline BusinessAirlines steel for rising costs as Ukraine-Russia conflict brings unwelcome uncertainties
Developments seen over the past few days – whether related to fuel costs, sanctions, airspace restrictions or airport infrastructure in Ukraine – will take some time to resolve, even under best-case scenarios.
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NewsRussian airspace crisis prompts Finnair to open talks on bringing back furloughs
Oneworld carrier Finnair is to hold talks with unions over the possibility of furloughing flightcrew for up to 90 days in response to the disruption caused by the closure of Russian airspace.
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NewsLufthansa ‘closely monitoring’ airline consolidation: Spohr
Pan-European airline operator Lufthansa Group is keeping options open on its proposed tie-up with new Italian carrier ITA Airways as it says it is “monitoring closely” renewed consolidation trends in the sector.
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NewsLufthansa sees ‘significant improvement’ for 2022 after halving full-year loss
Lufthansa Group is forecasting a “significant improvement” in operating profit from the second quarter onwards as travel demand continues to pick-up, but has stopped short of projecting a full-year outlook amid fresh global uncertainties including the Ukraine crisis.
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NewsFormer JetBlue and short-time Delta manager to join American
Scott Laurence, JetBlue Airways’ former head of revenue and planning, who left the carrier earlier this year to work at Delta Air Lines, only to resign after a month, will join American Airlines “in the coming days”.
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NewsCanada’s WestJet plans to acquire Sunwing Airlines
Canada’s WestJet will acquire low-cost vacation specialist Sunwing Airlines, along with its Sunwing Vacations tour operator business, shaking up the country’s low- holiday travel sector.
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NewsRyanair chief expects ‘no dramatic impact’ on bookings if Ukraine conflict is contained
Ryanair is continuing to guide for a big jump in passenger demand over the next 12 months, although the low-cost carrier’s chief executive acknowledges the downside risks created by the Russian invasion of Ukraine.
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NewsFormer Turkish chairman turns down Air India chief executive role
Former Turkish Airlines chairman Ilker Ayci has turned down the chief executive role at Air India, two weeks after the airline’s new owners Tata Sons announced his appointment.
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NewsRyanair chief vows carrier will be first to make Ukraine return
The group chief executive of Ryanair insists the low-cost carrier will return to serving Ukraine as soon as the European safety regulator EASA allows, as he voiced strong support for the country’s efforts to repel a Russian invasion.
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NewsUS to close airspace to Russian aircraft
The US government will close its airspace to Russian aircraft in response to Russia’s invasion of Ukraine
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NewsIATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
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NewsEtihad still ‘on’ for reaching profit in 2023: Douglas
Etihad Airways group chief executive Tony Douglas believes the restructured UAE carrier is still on track to meet its original target of returning to profit in 2023 despite the negative impact of the pandemic.
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NewsCargo and strong second half help Etihad cut losses in 2021
Etihad Airways cut its full-year core operating loss to $476 million for 2021, aided by improved passenger demand in the second half and record cargo revenues.