All Strategy news – Page 122
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News
Canada takes equity stake in Air Canada in C$5.9bn bailout deal
The government of Canada will take an equity stake in legacy carrier Air Canada after the company struck a deal for financial support as the coronavirus crisis continues to tear into the airline’s business.
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Porter again delays restart, to 21 June
Canada’s Porter Airlines has once again delayed its restart for another month as travel restrictions in that country continue to disrupt the industry.
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Airline Business
Andrew Levy’s low-cost Avelo Airlines hits the ground running
Avelo Airlines, industry veteran Andrew Levy’s new carrier, made a splash last week when it landed in the US low-cost-carrier pool, offering $19 fares and flights from the Los Angeles area to nearly a dozen cities in the western third of the country.
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Norwegian reconstruction approved by Oslo court
Norwegian has had its plan for financial reconstruction approved by a court in Oslo, opening the door for the carrier to begin raising fresh capital.
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UK travel-restart plan prompts Jet2 to extend flight suspension
The UK government’s announcement of a framework to reopen international air travel to and from England has immediately prompted Jet2 to extend its suspension of flights until 23 June, amid what it calls a “frustrating” lack of clarity.
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Citing pandemic uncertainty, Air New Zealand delays proposed capital raise
Air New Zealand has postponed a planned capital raise by three months, to give it more time “to assess market conditions” amid the coronavirus pandemic.
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Southwest recalls all flight attendants
Southwest Airlines has recalled all of the flight attendants who had taken long-term voluntary leave as the airline prepares for a domestic recovery which is progressing faster than expected.
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ALPA calls on US government to help boost pilot diversity
Pilot union Air Line Pilots Association, International (ALPA) has called on the US government to help diversify the pilot ranks by making it easier for under-represented groups such as women and minorities to have access flight training.
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New carrier Connect Airlines to launch US-Canada flights in October
A new regional carrier called Connect Airlines plans to begin passenger flights in October between the USA and Toronto’s Billy Bishop City airport.
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Emirates’ Clark fears 777X jets could arrive five years late
Boeing’s 777X programme is in “a state of disarray”, in the view of Emirates Airline president Tim Clark, who has revealed that the Middle Eastern carrier may not receive its first of the aircraft until as late as end-2025 – over five years later than scheduled. “We should have had ...
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News
US start-up Avelo Airlines launches ticket sales
A new US passenger carrier start-up called Avelo Airlines is now selling tickets and plans to start revenue flights on 28 April.
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Airline Business
China Airlines sees benefits in retaining regional Mandarin brand
China Airlines has said that its regional unit Mandarin Airlines will be around for the foreseeable future, even as its peers in the region have shuttered or merged such brands into mainline operations.
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Airline Business
China Airlines eyes continued growth in profitable cargo market
China Airlines’ decision to focus on cargo early on in the coronavirus pandemic has largely paid off, with the airline remaining profitable despite a collapse in passenger revenue. A senior executive from the airline sheds more light on what the strategy change entailed.
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Ryanair and Wizz again flew fewer than a million passengers in March
Ryanair and Wizz Air carried fewer than 1 million passengers between them in March for the second month in a row, with heavy restrictions on international travel bringing the European aviation sector to a virtual standstill.
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United will train 5,000 pilots by 2030, half to be women or minorities
United Airlines says that it will train 5,000 new pilots in the next ten years through its “Aviate” pilot recruiting programme, with at least half of those to be women and people of colour.
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News
Trans-Tasman travel bubble to start on 19 April
Australia and New Zealand will have a go once again at establishing two-way, quarantine-free travel, with the latest arrangement set to begin from 19 April.
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Delta cancels more than 100 flights due to staff shortage
Delta Air Lines has cancelled more than 100 flights over the busy Easter holiday weekend due to staffing issues.
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Major US airlines’ booking websites apparently crash
Several major US airlines appear to be experiencing technical problems that are preventing customers from booking flights on their websites.
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US domestic air travel to normalise by 2022: report
A new report by consulting firm Oliver Wyman says that US domestic air travel is expected to make a full recovery by early next year.
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Fiji Airways set to return 737 Max to service
Fiji Airways is set to be the first Asia-Pacific carrier to return the Boeing 737 Max into service, after Fijian civil aviation authorities lifted the grounding of the narrowbody.