All Strategy news – Page 98
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News
Maersk orders first 777Fs and leases more 767-300Fs for cargo unit Star Air
Danish logistics firm Maersk has ordered two Boeing 777 Freighters and will lease three more 767-300 Freighters.
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Air Canada recovery ‘decisively underway’
Air Canada’s post-coronavirus recovery progressed in the third quarter after Canada relaxed travel restrictions and travellers began booking air travel in higher numbers.
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Qatar Airways moves A380 to Hamad International airport ahead of service return
Qatar Airways has returned one of its Airbus A380s to Hamad International airport ahead of the type’s return to service for the first time since the beginning of the Covid-19 crisis.
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Sun Country has a ‘great’ third quarter, turning $14m profit
Sun Country Airlines benefited from rebounding leisure traffic during the third quarter of 2021, ending the period with a small profit.
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American Airlines cancels almost 2,300 flights in four days
American Airlines has cancelled 2,291 flights since 29 October as inclement weather and staff shortages threw the airline’s schedule into disarray.
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Domestic lift helps Aeroflot turn a profit for the third quarter
Aeroflot turned a group profit under Russian accounting standards for the first time since the pandemic in the third quarter, driven by a strong domestic traffic performance during the period.
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SkyTeam confirms ITA to replace Alitalia as Italian partner in alliance
SkyTeam has confirmed that new Italian carrier ITA Airways will replace defunct national operator Alitalia in the global alliance.
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Chilean court gives green light to Delta-LATAM joint venture
Chile’s competition authority TDLC has given the green light to LATAM Airlines Group and Delta Air Lines to implement their planned joint venture.
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SkyWest Q3 revenue reaches $745 million
US regional carrier SkyWest Airlines reported a small profit for the third quarter as it experienced increased demand for its services.
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Court grants LATAM more time to submit reorganisation plan
A US bankruptcy court has granted Chile’s LATAM Group more time to present a restructuring plan.
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Spirit logs $15m Q3 profit despite widespread flight disruptions
Buoyed by government aid and despite several days of severe operational disruption, Spirit Airlines turned a $14.8 million profit in the third quarter of 2021.
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Allegiant turns Q3 profit despite operational 'challenges'
Discounter Allegiant Air turned a $39.3 million profit in the third quarter, but its chief executive echoed peers in citing operational hiccups due to the pandemic and labour shortages.
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Norwegian could take Max jets again as part of deals for 13 Boeing 737-800s
Deliveries are expected to begin this year and continue through the first quarter of 2022, with lease terms of between five and eight years, depending on the age of the aircraft, Norwegian states.
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Hawaiian third-quarter suffers under coronavirus Delta variant fears
Hawaiian Holdings, parent of Hawaiian Airlines, experienced an uneven third quarter after fears about the coronavirus’ more-virulent Delta variant battered the carrier’s advance bookings and the state’s governor told tourists to stay away.
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Breeze unveils first A220-300, rolls out ‘premium’ seats
US start-up Breeze Airways has unveiled its first Airbus A220, showing off the aircraft a Mobile event that comes several months after the company launched flights using Embraer regional jets.
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Airline Business
Gol and Azul prepare for a restored Brazilian travel boom
Brazilian airlines Azul and Gol are positioning to take advantage of a resurgence in domestic and international travel as some of the last travel restrictions for customers from the vast Latin American country are set to fall.
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JetBlue turns third-quarter profit with government support
JetBlue Airways turned a $130 million profit in the third quarter of 2021, buoyed by $186 million in financial aid related to US government coronavirus relief packages.
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Avianca will only operate Boeing 787-8s in simplified widebody fleet
Colombian flag carrier Avianca says its future widebody fleet will feature only Boeing 787-8s, as it seeks to emerge from US Chapter 11 bankruptcy protection with a simplified roster of aircraft.
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Air freight is Latin American aviation’s only pandemic winner
The transport of cargo was a key driver of Latin American passenger carriers’ success in maintaining their operations during the pandemic, as they went without government financial aid while transporting essential freight to fight Covid-19.
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Airline Business
Latin American airline CEOs reflect on the pandemic’s lessons learned
For airlines in Latin America, the coronavirus pandemic not only posed a sudden, monumental operational challenge, but also interrupted the region’s long overdue growth trajectory.