All Strategy news – Page 90
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News
Omicron hit sees Ryanair post weakest traffic month since June
Irish budget operator Ryanair carried 7 million passengers in January, at the top end of projections that had been revised downwards following capacity cuts due to Omicron travel restrictions.
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Ethiopian resumes Boeing 737 Max flights
Ethiopian Airlines has today brought its Boeing 737 Max back into service, almost three years after a fatal crash of one of its aircraft prompted the global grounding of the type.
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AirAsia X takes first step with Sydney service in scheduled flights return
Restructuring Malaysian long-haul, low-cost operator AirAsia X is to resume scheduled passenger services in February for the first time since the pandemic.
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US court approves Aeromexico reorganisation plan
A US bankruptcy court has approved Aeromexico’s reorganisation plan, clearing the way for the Mexico City-based carrier to exit bankruptcy protection.
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Alaska turns small Q4 profit despite Omicron disruption
“Disciplined” cost management and a “measured approach to bringing back capacity” helped Alaska Air Group grow revenue and turn a small profit during the fourth quarter of 2021, even while contending with a new coronavirus variant, the company reports.
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Southwest reports first quarterly profit since 2019
Southwest Airlines has earned its first quarterly profit since 2019, as demand for low-cost fares climbed in the last three months of 2021.
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JetBlue cuts Q4 loss, calls Omicron ‘temporary setback’
JetBlue Airways more than halved its loss in the fourth quarter of 2021 as leisure passengers returned in greater numbers.
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Tata formally takes the reins of Air India
Indian conglomerate Tata Group has formally completed its acquistion of Air India.
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EasyJet load factors clipped by Omicron but still positive on summer bounce
UK low-cost carrier EasyJet is still expecting a return to pre-crisis capacity levels during the peak summer season this year after Omicron clipped its recovering load factor in December.
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China Airlines orders four more 777Fs amid record cargo performance
China Airlines has placed an order for four additional Boeing 777 freighters, with deliveries slated to begin from 2023.
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Hawaiian narrows Q4 loss; sees international recovery later in 2022
Hawaiian Holdings, the parent company of Hawaiian Airlines, says fourth-quarter losses narrowed as tourists returned to the Pacific Ocean archipelago in greater numbers toward the end of 2021.
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IATA warns of airfare impact as high jet fuel prices push up airline operating costs
High Jet fuel prices will prompt air fares to rise this year if current trends continue, according to global airline association IATA.
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Airbus nixing of Qatar order ‘worrying’ amid need for airframer competition: IATA chief
The director general of IATA has described Airbus’s cancellation of a Qatar Airways A321neo order as a “worrying development”, as he highlighted the airline industry’s desire for “healthy competition” between the two big airframers.
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Airline Business
Why Lufthansa cannot resist Italian opportunity
Given Alitalia’s track record of losses and the failure of various airline investors to alter that trend, the industry could be forgiven for wondering whether Lufthansa is moving to buy a stake in Italy’s national carrier simply because its turn has come.
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Business travel will not return to pre-pandemic levels: Avelo CEO
Avelo Airlines’ chief executive Andrew Levy says business travel will not return to pre-pandemic levels since new technologies have matured enough to make companies and employees think twice about corporate trips.
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Lufthansa teams with shipping firm in bid for majority of ITA Airways
German carrier Lufthansa and shipping firm MSC Group have jointly submitted an expression of interest to acquire the majority of new Italian national carrier ITA Airways.
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Airline body hails ‘landmark day’ as UK drops day-two Covid-19 tests
A UK airline association has hailed 24 January as a “landmark day” after the country’s transport minister confirmed day-two Covid-19 testing will soon be dropped for fully vaccinated arrivals.
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Airline Business
If 2022 is not the year for new airline partnerships, when will be?
As the sector emerges from the pandemic, many airline chief executives are talking up the value of partnerships with renewed enthusiasm.
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Airline Business
Airline response to 5G woes reflects crisis-hardened industry
It probably says a lot about the depth of the airline industry’s pain in over the past 22 months or so that the 5G issues in the USA feel like a bump in the road rather than anything more serious.
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News
Qantas cuts domestic capacity again amid border reopening delays
Qantas Group has further trimmed domestic capacity through end-March, amid an indefinitely delayed border reopening in Western Australia.