All Strategy news – Page 185
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News
Ryanair demands industry-wide UK passenger duty exemption
The UK will be in breach of competition and state-aid laws unless it extends the exemption of air passenger duty it has promised Flybe to the wider industry, Ryanair’s Michael O’Leary has argued.
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News
South African Airways to sell nine A340s as part of restructuring effort
South African Airways has put more than half of its Airbus A340 fleet and a variety of spare parts up for sale, as part of efforts to restructure following the carrier’s decision last month to voluntarily enter business rescue proceedings.
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News
Stobart to provide up to £9 million in Flybe funding
Stobart Group has committed up to £9 million ($12 million) in short-term funding for Flybe as part of the Connect Airways’ consortium’s investment to keep the struggling UK regional carrier flying.
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News
British Airways offers promotional prices on Flybe-contested domestic routes
British Airways has included domestic routes in a ticket sale launched two days after the UK government disclosed a rescue deal for regional carrier Flybe.
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News
Kuwait Airways turns in huge full-year loss
Kuwait Airways’ latest full-year financial figures show the airline’s losses worsened to KD131.9 million ($435 million), the equivalent of over $17 million in losses for every aircraft in its fleet. Its revenues for the year to 31 December 2018 rose by 10% to KD344 million. While it slashed overall employee ...
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Airline Business
EasyJet to make Sharm el-Sheikh return
Low-cost carrier EasyJet’s move to resume flights to the Egyptian resort of Sharm el-Sheikh this summer marks a further UK operator return to what had been a key leisure destination.
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Analysis
Why Flybe’s market role created a UK political quandary
Struggling UK regional carrier Flybe operates more than a third of the country’s domestic flights and carries more than a quarter of domestic passengers, Cirium schedules data shows.
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Airline Business
Clark and Walsh to leave formidable legacies at Emirates and IAG
The coming year will see the retirement of two huge names within the airline sector who have been at the heart of some of the global industry’s most significant developments: IAG’s Willie Walsh and Emirates Airline’s Tim Clark.
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News
UK government reaches agreement to keep Flybe operating
The UK government has reached an agreement to keep regional airline Flybe operating.
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News
UK considers domestic aviation tax cut to save Flybe: reports
The British government is considering a removal of air passenger duty on domestic flights in a bid to help regional carrier Flybe, the BBC reports.
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News
Etihad joins EasyJet’s connection platform
Etihad Airways has become the latest carrier to join the Worldwide by EasyJet connections platform, enabling the two airlines’ passengers to seamlessly connect between their respective networks.
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News
Lufthansa agrees to mediation talks with cabin-crew union
Lufthansa Group has accepted a flight-attendant union’s proposal that a long-running labour dispute be addressed through mediation talks.
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News
Qatar Airways to codeshare with German rail company
Qatar Airways and German rail company Deutsche Bahn have signed a codeshare agreement that will enable the Middle Eastern carrier’s passengers to connect from Frankfurt to eight cities across Germany.
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News
‘Flight shame’ a factor in Swedish traffic decline
Passenger numbers at Swedish airports declined 4% last year, to around 40 million, from an all-time high the previous year.
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News
TUIfly to start German-based 787 operation in Dusseldorf
TUI’s German airline operation has selected Dusseldorf as a base for a planned long-haul operation with Boeing 787s.
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Analysis
Why IAG’s outgoing chief will be a tough act to follow
The structure of IAG, with Willie Walsh as chief architect, has arguably given it the strongest foundations among peers.
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News
Ryanair ups annual profit guidance from €800-900m to €1bn
Ryanair has raised its profit guidance for the year ending 31 March to €1 billion ($1.1 billion), from a previous €800-€90 million, after a last-minute surge in Christmas and New Year bookings.
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News
Air Lease chief Plueger praises ‘order-book model’
New or recent entrants to the aircraft leasing marketplace that lack discipline risk becoming buying opportunities for the top handful of lessors, says Air Lease Corporation chief executive John Plueger at the 9 January Bank of America Merrill Lynch 2020 Defense Outlook & Commercial Aerospace Forum in New York. Drawing ...
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News
Gallego to provide ‘continuity’ as new IAG chief: Bernstein
Iberia boss Luis Gallego’s appointment to succeed Willie Walsh when the IAG chief executive retires later this year has been welcomed by Bernstein analysts, who see him as a “continuity” candidate.
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News
Garuda hopeful about return to profitability
Higher yields during 2019 could bring take Garuda Indonesia back into the black.