All Strategy news – Page 96
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NewsCopa to restore entire network in 2022
Copa Holdings, parent of Panama’s Copa Airlines, expects to restore the carrier’s full network next year as more countries discard coronavirus-driven travel restrictions and vaccination rates across Latin America inspire customers to travel.
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NewsA year after exiting administration, optimistic Virgin Australia adds seven 737s
Virgin Australia has signed letters of intent to acquire seven more Boeing 737-800s, amid optimism about meaningful travel recovery a year after emerging from voluntary administration.
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NewsAtlas transitions Southern Air onto a single operating certificate
Atlas Air Worldwide Holdings has completed the transition to bring its subsidiary Southern Air onto a single operating certificate.
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NewsNew Canadian low-cost carrier Lynx Air set to launch in early 2022
A new Canadian ultra-low-cost carrier called Lynx Air is set to launch flight operations the first quarter of 2022.
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NewsBusiness travel patterns have shifted: American CEO
American Airlines chief executive Doug Parker says the carrier has seen business travel patterns shift amid the pandemic, and that smaller companies are now on the leading edge of the return in corporate travel.
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NewsUpbeat Emirates boss sees no structural change to travel demand
Emirates Airline president Tim Clark does not expect there to be any structural change to travel demand citing the strong take-up from passengers in the markets it has so far been able restores services to since the pandemic.
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NewsAir Baltic navigates Latvia lockdown with capacity and IPO plan intact
Latvia-based Air Baltic made it through its home country’s recent four-week lockdown without adjusting its capacity – or its plans for an IPO in the coming years.
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NewsDelivery plan for Emirates 777-9s a ‘work in progress’: Clark
Emirates Airline president Tim Clark describes as a “work in progress” efforts to pin down a firm delivery date for its delayed Boeing 777-9s and braced to wait for nine months to a year before the manufacturer is able to give a definitive date amid the ongoing certification process.
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NewsEmirates rolls out premium economy to 105 widebodies in upgrade move
Emirates is to retrofit over a 100 of its widebodies with premium economy seats as part of wider cabin upgrade moves which could include a new business class product on its Boeing 777s.
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NewsDominican Republic aviation regulator approves 30 routes for AraJet
The civil aviation regulator of the Dominican Republic has approved 30 routes for DW Dominican Wings SA, which will fly under the new brand name AraJet, formerly Flycana, as the first low-cost carrier based in that country.
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NewsSpirit Airlines’ ramp agents approve new contract
Workers at Miramar, Florida-based ultra-low-cost carrier Spirit Airlines have ratified a new agreement which increases wages and overall compensation for ramp agents.
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NewsEmirates and Gulf Air to codeshare and investigate cargo cooperation
Middle Eastern carriers Emirates Airline and Gulf Air have signed a memorandum of understanding to increase their commercial cooperation
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NewsBinter Canarias orders up to five ATR 72-600 turboprops
Gran Canaria-based Binter Canarias has placed a firm order for four ATR 72-600 turboprops with an option for one more of the type in a deal announced at the Dubai air show today.
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NewsLebanon’s MEA pushes back A330neos as it battles dual crises
Lebanese carrier Middle East Airlines has pushed back delivery of its four Airbus A330neos until 2026 as it bids to recover from the dual challenges of the pandemic and economic crisis in Lebanon.
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NewsAzul CEO confirms interest in acquiring LATAM
Azul’s chief executive doubled down on comments he made last week about a potential acquisition of LATAM Airlines Group, pending the outcome of the Chilean airline’s bankruptcy protection process.
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NewsAzul ‘bullish’ about future booking and revenue trends
Brazil’s Azul Airlines is “bullish” about booking and revenue trends after its revenue increased almost 60% from the second to third quarters of 2021.
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NewsRoyal Jordanian to decide on fleet renewal by year-end
Royal Jordanian Airlines aims to make a decision on the renewal of its regional and narrowbody fleets by the end of the year in support of a long-term strategic plan which envisions a near doubling of the operation.
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NewsFrontier in “strong financial position”; expects recovery by Spring 2022
Frontier Airlines says it is in a “strong financial position” to get to pre-coronavirus levels by early 2022 despite the coronavirus’ Delta variant that ate into the carrier’s revenues in the third quarter of 2021.
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NewsLATAM loses $692m in Q3, sees capacity hitting 65% by year-end
LATAM Airlines Group posted a third-quarter loss but says increased vaccination rates, fewer travel restrictions and pent-up demand will propel capacity to 65% of pre-pandemic levels by year-end.
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NewsGol reports wider Q3 loss, prepare to resume international flights
Gol reported a net loss of R$2.5 billion ($455 million) in the third quarter of 2021, but says that higher vaccination rates and the opening of borders across the hemisphere will boost travel in the coming busy summer holiday season.