All Strategy news – Page 92
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News
Ryanair to shut Frankfurt base in charges row
Irish low-cost carrier Ryanair is to close its base at Frankfurt Main airport at the end of March, hitting out at increased charges at Germany’s biggest hub.
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Cathay Pacific makes further cuts to passenger and cargo schedules through March
Cathay Pacific has made further “substantial reductions” to passenger and cargo schedules through March, citing tightened quarantine requirements, as well as travel bans imposed by the Hong Kong government.
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Avelo raises an additional $42 million
Low-cost start-up Avelo Airlines has raised an additional $42 million in a second round of funding, bringing its total capital base to $160 million.
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Restructured Norwegian ends 2021 flying 48 aircraft
Restructured low-cost carrier Norwegian ended 2021 operating an average of 48 aircraft during December, though its passenger numbers for the full-year remained below even 2020 levels.
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Airline Business
Aircraft availability, attractive terms flipped Allegiant to Boeing’s Max
Near-term aircraft availability and attractive purchase terms ultimately drove Allegiant Travel to ditch its all-Airbus-fleet strategy by ordering 50 Boeing 737 Max jets.
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EasyJet chief still expecting full capacity recovery in summer 2022
The chief executive of EasyJet still expects the low-cost carrier to reach pre-pandemic capacity levels in Summer 2022, despite the uncertainty created by the Omicron variant of Covid-19.
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Allegiant to order 50 737 Max: report
US discount airline Allegiant Air is near to finalising an order for 50 Boeing 737 Max, according to a 4 January report from Reuters.
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Wizz calendar year traffic improves but still 45% down on pre-crisis peak
Central European budget carrier Wizz Air ended 2021 with passenger numbers in December up on the previous month, although the figure of nearly 22 million customers carried during the calendar year still was 45% below pre-crisis levels.
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US regulators tussle over 5G, warn of flight cancellations ahead of 5 January launch
The US telecommunications industry appears set to begin “5G” wireless transmissions on 5 January, even as the Federal Aviation Administration warns doing so could prompt widespread flight cancellations.
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Airline Business
Which airlines welcomed new aircraft types into their fleets during 2021?
Established airlines around the world debuted aircraft types and variants in their fleets during 2021, despite the devastating impact of the Covid-19 pandemic. We look back at some of the highlights, from nimble narrowbodies through to heavyweight widebodies.
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Airline Business
Which airlines launched, failed or merged in 2021?
One of the most counter-intuitive things about the pandemic for the airline sector has been that during the worst crisis the industry has ever faced, relatively few carriers have collapsed.
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Romania’s Blue Air sees demand returning in April after early year capacity cuts
Low-cost operator Blue Air remains “cautiously optimistic” travel demand will return to at least pre-pandemic levels in April, after today outlining reduced capacity plans for the first two months of next year.
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Ethiopian Airlines plans to resume Boeing 737 Max operations in February
Ethiopian Airlines intends resume operations with Boeing 737 Max 8 jets in February 2022, nearly three years after the crash of one of its examples prompted the global grounding of the type.
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Kenya Airways set for restructuring as state shelves nationalisation plan
Kenya appears to have moved away from plans nationalise flag carrier Kenya Airways but still intends to provide financial support for its restructuring.
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Lufthansa Group cancels 33,000 flights in January and February: CEO
Lufthansa Group will cancel 33,000 flights in January and February due to a sharp decline in bookings as a result of the rapidly-spreading Omicron variant of Covid-19, the company’s chief executive has said.
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TSA screens more passengers than on same day in pre-pandemic 2019
The US Transportation Security Administration (TSA) has screened more passengers than on the comparable day prior to the coronavirus pandemic.
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First aircraft to feature ITA Airways livery emerges from paintshop
New Italian national carrier ITA Airways has released an image of its first aircraft to feature the airline’s livery.
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Airline Business
How far through the crisis are Americas’ biggest airlines?
While many international services remained heavily restricted for US carriers until November’s easing of travel rules into the country, access to the large domestic market had already helped give the travel recovery momentum..
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News
Etihad to divest aviation support units to Abu Dhabi holding group
Etihad Airways is to divest a number of aviation support service units including its engineering division to Abu Dhabi holding company ADQ as part of its focus on core airline operations.
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Omicron prompts Ryanair to cut January capacity and double full-year loss forecast
Irish low-cost carrier Ryanair has deepened its full-year net loss expectation to between €250 million ($282 million) and €450 million as a result of a sharp drop in demand because of fresh travel restrictions prompted by the emergence of the Omicron variant.