All Strategy news – Page 101
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News
Gol foresees 50% drop in third-quarter revenue versus 2019 level
Brazilian low-cost carrier Gol expects to report third-quarter net operating revenue down 50% from the same period of pre-pandemic 2019.
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News
Great Dane Airlines declared bankrupt
Scandinavian regional carrier Great Dane Airlines has today been declared bankrupt, a short message on its homepage says.
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Airline Business
How the crisis tested airline-lessor relationships
When the Covid-19 pandemic devastated global passenger demand in early 2020, it set off a wave of rent deferral and restructuring requests from airlines to their lessors and asset managers. The scale of the cross-party correspondence, the legal and technical talks, and the contractual negotiations that this created can only ...
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News
Tata confirms selection as winning Air India bidder
Executives from Indian conglomerate Tata Sons have confirmed the group has won the bidding for struggline national carrier Air India.
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Airline Business
How IATA thinks airlines could reach net-zero CO2 emissions by 2050
For some airlines, the net-zero target was nothing new. But for all carriers, the important task is working out how to get there – and then implementing that plan.
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Airline Business
World Airline Rankings: No region left unscathed by crisis
While some Asia-Pacific operators benefited from access to large domestic markets and strong freight activity, international operators in the region were among the hardest hit in terms of reduced passenger traffic.
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Airline Business
World Airline Rankings: Hard hit low-cost carriers lead recovery efforts
Paradoxically, low-cost carriers have been among both the hardest hit and best positioned to counter the pandemic.
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Airline Business
World Airline Rankings: How crisis slashed revenues and drove industry to the red
Revenue among the 100 biggest airline groups was slashed by more than half last year, from $787 billion in 2019 to $364 billion for the same group of operators.
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Airline Business
World Airline Rankings: Passenger traffic slides two-thirds in 2020
Passenger traffic among the 100 biggest airline groups collapsed by almost two-thirds in 2020, the World Airline Rankings show.
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Airline Business
World Airline Rankings: How deeply the crisis hit the industry in 2020
While cargo offered some relief, the latest FlightGlobal World Airline Rankings underline just how bad 2020 got for the airlne industry
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Airline Business
Why Alaska Airlines has set 2040 target for net-zero CO2 operations
While the global airline industry took a further step to tackling its environment footprint by collectively committing to reaching net-zero C02 emissions by 2050 under a resolution agreed at the recent IATA AGM, Alaska Airlines has a goal of reaching that point 10 years sooner.
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Airline Business
IATA’s annual event brings wave of optimism, glimmer of normality
Airline leaders left IATA’s World Air Transport Summit this week in a buoyant mood, sensing the industry’s worst days are behind it, and that normalcy is months, not years, away. They also left having made firm commitments to reduce carbon output, saying the industry is emerging from the pandemic-driven aviation downturn with invigorated dedication to environmental stewardship. Exactly how airlines will significantly cut carbon, however, remains unclear.
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News
Pilots back British Airways Gatwick plan
British Airways pilots represented by the BALPA union have agreed terms with the airline, overcoming one of the hurdles to its plans to re-establish short-haul operations from London Gatwick.
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News
Spirit agrees to lease 20 A320neos from AerCap
AerCap has signed agreements to lease 20 new Airbus A320neo aircraft to US carrier Spirit Airlines.
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News
Google adds CO2 emissions data to flight searches
Google now displays estimated carbon emissions data for users when they search for flights, in the latest sign of a growing appetite for commercial aviation’s environmental impact to be quantified.
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News
UK regulator drops probe into BA and Ryanair lockdown refund policy
UK competition regulators have dropped their probe into British Airways and Ryanair over their decision to not offer passengers refunds for flights they could not legally take during lockdown, citing a lack of clarity over customer rights on the issue.
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News
Air Seychelles enters administration
Air Seychelles has appointed administrators after entering a formal company reorganisation on 5 October.
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News
Emirates’ love affair with the A380 endures: Clark
Even though the final Airbus A380 has rolled off the production line in Toulouse, Emirates Airline – and president Tim Clark – are still madly in love with the superjumbo, as the carrier looks forward to welcoming the last three of the type into the fleet later this year.
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News
Innovation may suffer as airlines rebuild: Clark
A senior airline executive warns that a further casualty of the coronavirus crisis - in addition to at least two years of financial pain - will likely be innovation and new products.
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News
Jet2 signs for 15 more Airbus A321neos
UK leisure carrier Jet2 is acquire 15 more Airbus A321neos, on top of the 36 firm orders for the type it announced at the end of August.