All Strategy news – Page 112
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News
Indian low-cost carrier Go First faces delay in IPO
Indian low-cost carrier Go First — formerly known as GoAir — hit a roadblock in its planned market listing, with the securities and exchange regulator temporarily halting the airline’s IPO.
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JAL fortifies low-cost strategy with Jetstar Japan, Spring Japan investments
Japan Airlines will make additional investments in two of its three low-cost units, Jetstar Japan and Spring Japan, as it looks to build up a low-cost network centred around its Tokyo Narita hub.
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SpiceJet to raise Rs25 billion as loss-making streak continues
Indian low-cost carrier SpiceJet will raise Rs25 billion ($336 million) to beef up its war chest against the coronavirus pandemic, which has battered its profitability.
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Alaska aims to become ‘most fuel-efficient’ US airline: CEO
Alaska Airlines is aiming to become the most fuel-efficient US airline in the next five years, the airline’s chief executive says.
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Ravn Alaska considering using 757s to launch new operation: reports
Alaskan regional airline Ravn Alaska is reportedly considering a major expansion, using Boeing 757s to launch flights from its home state to Asia and the contiguous USA.
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Airline Business
Will Europe’s airlines see a strong recovery in the second half of 2021?
As the second quarter draws to a close, there are signs that the second half of the year holds more promise for short-haul travel at least
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Airline Business
How crisis has encouraged Romania’s Blue Air to think big
Chief executive Oana Petrescu explains how crisis has given the low-cost carrier an unprecedented opportunity at primary airports and to accelerate its fleet renewal plans
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Korean Air on track for Asiana acquisition
Korean Air has cleared another milestone in its acquisition of Asiana Airlines, with state-backed Korea Development Bank (KDB) approving the carriers’ integration plan.
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VietJet to raise 15% of charter capital and $300m in bonds
VietJet’s shareholders have approved a private shares placement for up to 15% of its charter capital and a $300 million bond offering.
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Airline Business
United’s fleet renewal plan cements CEO Kirby’s legacy
In addition to disclosing an order for 270 more Airbus and Boeing narrowbodies on 29 June, Kirby says United’s focus has shifted toward strengthening its presence in large markets – and less on small markets. United has also recently committed to acquiring electric air taxis and supersonic jets, and pledged to invest in sustainable aviation fuels (SAF).
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News
United orders 270 Airbus and Boeing narrowbodies, plans to retire 200 50-seat jets
United Airlines has placed orders for a combined 270 Airbus and Boeing narrowbody jets, including 200 737 Max and 70 A321neos – a pair of massive deals that signal that the US airline industry is recovering from the Covid-19 pandemic.
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Garuda aiming to complete restructuring by year-end
Garuda Indonesia is targeting to complete its restructuring within the year but did not commit to a timeline for the process or further steps to pay off its debts.
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Airline Business Friday Briefing: Two very different CEO departures
This week saw two low-cost carriers announce changes at the top of their businesses, where the similarities between the stories begin and end with the business model.
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Lufthansa to temporarily bring back five A340-600s to offer first class from Munich
Lufthansa is to temporarily reactivate five Airbus A340-600s on flights from Munich next summer to provide a first-class product offering from the airport.
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Asia low-cost chiefs differ on recovery forecasts
Two low-cost carrier chiefs offered different views on how travel in the region might recover from the coronavirus pandemic.
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India’s Alliance Air eyes growth after parent Air India divestment
Indian regional operator Alliance Air is looking to ink more codeshare agreements with other international carriers, as part of its growth strategy following the privatisation of its parent company Air India.
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News
Eliminating passenger mask mandate is ‘next step’: Spirit Airlines CEO
The US government can help reduce the incidence of unruly air passenger behavior by doing away with the requirement that travellers wear face coverings, says the chief executive of Spirit Airlines.
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Southwest Airlines chief to step down in February 2022
Southwest Airlines’ chief executive Gary Kelly will step down from his role in early 2022, after having led the US low-cost carrier through aviation’s most devastating crisis.
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News
Finnair and China’s Juneyao Air seal joint-venture agreement
Finnair and Juneyao Air have signed a joint-venture agreement that deepens the carriers’ commercial relationship on services between Finland and China.
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Competition watchdog investigates Rex dumping complaints
Australia’s competition regulator has once again weighed in on the long-standing spat between Regional Express and Qantas, warning that it could “take enforcement action” if an airline is found to be anti-competitive.