All Strategy news – Page 88
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NewsGatwick slot sales and improved demand help Norwegian to profit
A sale of some of its slots at London Gatwick airports together with ongoing benefits from its restructuring and improved travel demand helped Norwegian post a small pre-tax profit for the fourth quarter and the the full-year.
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Airline BusinessAirlines keep cargo front of mind during Singapore Airshow
While airline fleet renewal decisions are long in planning and even longer in execution, it perhaps says much for the opportunistic climate that exists in the post-pandemic recovery phase that much of the news activity from this week’s Singapore Airshow was in the cargo sector.
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NewsAtlas posts Q4 profit as demand remains high
Atlas Air Worldwide Holdings, the parent of Atlas Air, reported a healthy profit for the fourth quarter of 2021 which it attributes to high demand, increased aircraft utilisation, lower maintenance costs and new and extended long-term customer contracts.
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NewsStruggling Trujet in final stage talks over $25m investment
Indian regional carrier Trujet is hoping to finalise talks in the coming days over a $25 million investment aimed at enabling it to restore flights.
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NewsCebu Pacific sees short-haul gains from high-density A330neos
Cebu Pacific will take delivery of three more Airbus A330neos this year — taking its current fleet to five examples — and the remaining 11 jets will follow over the next four years.
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NewsKLM chief relaxed on challenges posed by switch from Boeing to Airbus narrowbodies
KLM has time to prepare for the introduction of Airbus narrowbodies into its fleet, chief executive Pieter Elbers said today, and will take learning points from other carriers who have been through similar transitions.
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NewsAir France-KLM saw long-haul recovery continue in December despite Omicron
Demand for long-haul travel continued to improve through to the end of 2021, according to Air France-KLM, even as the Omicron variant of Covid-19 prompted the introduction of further travel restrictions.
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News‘Big surprise’ from Air France-KLM as it beats pre-Covid profit in fourth quarter
Air France-KLM’s cost-cutting and restructuring efforts helped it achieve a fourth-quarter 2021 operating profit ahead of that recorded in the same period of 2019.
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NewsAvelo appoints aviation analyst Hunter Keay as its CFO
Low-cost start-up carrier Avelo Airlines has appointed aviation analyst Hunter Keay to be its chief financial officer.
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NewsAeromexico shows ‘signs of recovery’ in Q4
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the fourth quarter of 2021 continued to improve, despite Omicron-variant-related cancellations.
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NewsJetBlue orders 30 more Airbus A220-300s
JetBlue Airways has ordered another 30 Airbus A220-300s to take its firm commitment for the type to 100.
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NewsIndustry leaders see post-pandemic growth imminent, but headwinds remain
Senior industry leaders speaking at the Aviation CEO Forum, organised on the opening day of the Singapore Airshow by FlightGlobal with partners Experia Events and CFM International, believe that recovery is on the horizon – but that potential headwinds mean the sector is not fully out of the woods yet.
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NewsFormer Turkish Airlines chairman to head revamped Air India
Air India’s new owners Tata Sons has appointed former Turkish Airlines chairman Ilker Ayci as the carrier’s new chief executive and managing director.
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NewsRevamped AirAsia X takes further step in boosting cargo revenues
Malaysian long-haul, low-cost operator AirAsia X has further bolstered efforts to build its cargo revenues under its restructured business model with a belly-space utilisation deal covering a third of its Airbus A330-300 fleet with the logistics venture of Capital A, formerly AirAsia Group.
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NewsKorean eyes March launch of Boeing 737 Max flights
Korean Air aims to begin Boeing 737 Max operations from the start of March after taking delivery of its initial example on 13 February.
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NewsUS pilot union ALPA protests Wizz Air’s application to fly to USA
US pilot union Air Line Pilots Association, International (ALPA) is protesting Wizz Air’s application to fly to the USA, claiming the Hungarian carrier has used ”a toxic culture of reprisal” to intimidate crew and that it ignores issues such as fatigue and illness that could compromise safety.
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NewsHeathrow laments ‘Omicron hangover’ but softening of travel restrictions brings hope
London Heathrow airport continued to see the impact of the Omicron variant of Covid-19 during January, despite the UK dropping additional travel restrictions a few days into the month.
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Airline BusinessDoes Frontier-Spirit merger herald wider airline consolidation trend?
The unique circumstances around the Frontier Airlines-Spirit Airlines merger mean it is debatable whether it has anything to say about prospects for wider consolidation in the global airline industry.
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NewsCopa posts Q4 profit but takes Omicron hit in Q1
Copa Holdings, the parent of Panama City-based Copa Airlines posted a profit for the fourth quarter of 2021, but says the Omicron variant of Covid-19 will negatively affect first-quarter earnings.
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NewsBusy Ryanair stops Eurocontrol flight numbers falling below ‘low’ scenario in early February
The number of flights in European airspace is tracking Eurocontrol’s ‘low’ scenario so far in February, despite Ryanair operating above pre-pandemic levels, as the region’s response to the Omicron variant of Covid-19 hits the recovery trajectory.