All Strategy news – Page 115
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Airline Business
UK airlines forced back into holding pattern as government plays it safe
After the UK government’s first announcement of its “green list” in early May caused airline dismay at the slim pickings on show, the first review of that list on 3 June has surprised many by only increasing industry frustration.
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News
American expects business travel to return more quickly
American Airlines says business travel is returning more quickly than originally expected, and leisure bookings will continue to remain strong through the coming months.
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News
Emirates adds first Miami flights as Gulf carriers embrace US return
Emirates is to launch its first service to Miami in July, the latest step as Gulf carriers build back their US networks to pre-Covid crisis levels.
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Airline Business
The airline start-ups trying to confound Covid crisis by launching during pandemic
FlightGlobal has spoken to the leaders behind start-ups across Africa, Asia, Europe and the Americas about their respective launch carriers’ ambitions and for perspectives on starting an airline during the crisis.
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Ryanair loads take small step forward in May
Ryanair carried 1.8 million passengers in May, its highest amount since December but still well down on the 14 million it flew in the corresponding month before the crisis.
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AirAsia X gets shareholders' nod for restructuring
Beleaguered AirAsia X has gained shareholder approval to proceed with its corporate restructuring plan, as it reiterated its commitment to an operational restart “as soon as possible”.
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Volotea sees capacity 30% above pre-crisis levels this summer
European carrier Volotea expects to lift seat capacity by around a third this summer compared to its pre-Covid peak in 2019 fuelled by the addition of 70 new routes.
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Airline Business
Lift flags fresh approach as key in tough South African market
Few airline markets have been as challenging as South Africa, even before the Covid crisis hit. Yet the tough climate did not deter South African carrier Lift from joining the fray in December last year. Indeed, in many ways, it helped its entry.
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News
Stobart Air sale delayed after buyer hits financing hurdle
The proposed sale of regional operator Stobart Air and Carlisle Lake District airport has hit turbulence after the buyer’s proposed financing for the deal fell through.
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News
Airlines and airports warn Covid-19 checks could cause ‘summer chaos’
An “unprecedented operational challenge” is ahead for airlines and airports in the coming months, as they grapple with time-consuming Covid-19 checks and space-constrained facilities during the expected recovery in passenger traffic, according to key industry trade bodies.
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Austrian completes phase-out of Dash 8 fleet
Austrian Airlines carried out its last De Havilland Dash 8-Q400 turboprop flight on 31 May, completing the retirement of the type from its fleet.
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Auditor questions Indonesia AirAsia’s future amid full-year losses
The parent company of Indonesia AirAsia plunged to the red in its full-year earnings, as its auditors cast “significant doubt” on the carrier’s future.
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Japanese operators Air Do, Solaseed Air to merge
Japanese regional operators Air Do and Solaseed Air will merge by 2022, in what appears to be the first signs of consolidation in the country’s airline market in recent years.
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Ryanair lashes out at Irish government over quarantine for UK travellers
Ryanair has strongly criticised the Irish government’s reluctance to allow quarantine-free travel to the country from the UK amid concerns about the spread of a likely more-transmissible variant of Covid-19 first identified in India.
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Canadian travel sector presses government for reopening strategy
Representatives from Canada’s airlines, airports and tourism sector have called on the government to quickly develop a national strategy to reopen the country to travel.
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Garuda Indonesia targets cargo revenue increase amid restructuring rumours
Beleaguered Garuda Indonesia is planning to significantly boost its cargo revenue in the near-term, as part of efforts to stem its losses amid the coronavirus outbreak.
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News
Hawaiian shutters Ohana regional subsidiary
Hawaiian Airlines has pulled the plug on its Ohana by Hawaiian subsidiary as the pandemic and ongoing risk mitigation measures have led to a sharp decline in neighbour island service demand.
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News
AirAsia Group targets recovery in two years after Q1 loss widens
Ongoing travel restrictions have contributed to a 2.4% year-on-year widening of AirAsia Group’s first-quarter net loss, to MYR976 million ($235.8 million).
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News
Ecuatoriana strives to revive aviation history, only better
The small Latin American nation of Ecuador is preparing for a new airline with a familiar name that promises to revolutionise the country’s domestic transportation network.
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Airline Business
Why Icelandic start-up Play is taking measured approach to growth
Whilst the pandemic means Icelandic budget start-up Play has had to bide its time before launching, chief executive Birgir Jonsson says the carrier will remain patient in adding capacity in a bid to resist the pitfalls of over-expansion.